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Topic: [ANN][AMS] AmsterdamCoin™ | 100% PoS, Masternodes, Obfuscation, Seesaw - page 141. (Read 272300 times)

newbie
Activity: 27
Merit: 0
My wallet hasn't been syncing. It's been days.
Anyone know whats up?

Any nodes I can add to sync.
legendary
Activity: 1106
Merit: 1004
No risk, no fun!
Kees,

I am impressed and happy to see the usage of XEVAN algo. I am buying like a monster AMS now. You find the right balance between the technical high end stuff and a healthy growth of this coin with the community.

Greetz
Steve
copper member
Activity: 1024
Merit: 513
txbit.io - cryptocurrency exchange
Dev, you should contact coryvmcs1 or whatever his name was, he posted here. They edited the source somehow to make it work for the pool, contact them maybe?

I decided to create a new Amsterdamcoin based on the current Bitcoin code. Lean and mean without PoS or masternodes. Keeping in mind the goal of this coin as payment option. Lots of things were already done for Bitcoin and thats where we profit. I think thats the best way to go.

Please let me know if anyone has a better idea.

In the last month several PoW only coins were victims of 51% attacks and double spend attacks.  These were coins with considerable value to make it worth renting the hashing power to perform the attacks.  So, if the new coin does not have the difficulty of BTC or LTC, you will need to deal with a threat that is not dealt with even in the newer code base of Bitcoin.

Choose your coin algo wisely, but even CPU only algos will be GPU mine-able someday and that is when the 51% attacks will come, after you have worked hard to build up the value of the coin.

Hybrids do have advantages, with or without Masternodes.




Plan for the future and make a PoS coin. Give up the PoW religious nonsense. It works for only the biggest coins, and isn't necessary for chain security. It is great for distribution because it is "fair" but shitty for chain security.

Look how many PoW coins got hacked. Even the WBB dev said at some point that WBB would NEVER be PoS. Now they have to go to PoS and he has to eat his religious words.

Do the right thing and go with PoS from the start. The PoW religious fanatics hate the suggestion, but they are delusional and shouldn't be listened to.

After 180 days of mining there will be only PoS and Masternodes. Please read the new coin specifications (as also posted above)

  • Algorithm XEVAN (PoW and Spork messages)
  • 60 seconds block time
  • Difficulty retarget every block (Kimoto gravity well v3)
  • 100.000 AMS masternode collateral
  • Darksend (Obfuscation)
  • InstantX (SwiftTX)
  • PoS 3.0 protocol
  • Seesaw reward balancing
  • PoW block rewards: [block# 2-151200] 7.5 AMS [block# 151201-259200] 5 AMS
  • PoW rewards breakdown:
    • [block’s          2-432000] 20% MN (1.5 AMS)    / 80% MINER (6 AMS)
    • [block’s   43201-151200] 20% MN (1.5 AMS)    / 70% MINER (5.25 AMS)  / 10% Available to the budget system (0.75 AMS)
    • [block’s 151201-259200] 45% MN (2.25 AMS) / 45% MINER (2.25 AMS) / 10% Available to the budget system (  0.5 AMS)
  • PoW ends at block 259200 (Approx 180 Days)
  • PoW rewards: [block# 2-151200] 7.5 AMS [block# 151201-259200] 5 AMS
  • PoS rewards breakdown
    • [blocks 259201-302399] 4.75 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 302400-345599] 4.5 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 345600-388799] 4.25 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 388800-431999] 4 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 432000-475199] 3.75 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 475200-518399] 3.5 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 518400-561599] 3.25 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 561600-604799] 3 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 604800-647999] 2.25 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 648000-Infinite]   2 AMS (90% distributed to staker and masternode - 10% available to budget system)

Wallet is currently in developement: https://github.com/CoinProjects/AmsterdamCoin-v4
sr. member
Activity: 354
Merit: 252
Dev, you should contact coryvmcs1 or whatever his name was, he posted here. They edited the source somehow to make it work for the pool, contact them maybe?

I decided to create a new Amsterdamcoin based on the current Bitcoin code. Lean and mean without PoS or masternodes. Keeping in mind the goal of this coin as payment option. Lots of things were already done for Bitcoin and thats where we profit. I think thats the best way to go.

Please let me know if anyone has a better idea.

In the last month several PoW only coins were victims of 51% attacks and double spend attacks.  These were coins with considerable value to make it worth renting the hashing power to perform the attacks.  So, if the new coin does not have the difficulty of BTC or LTC, you will need to deal with a threat that is not dealt with even in the newer code base of Bitcoin.

Choose your coin algo wisely, but even CPU only algos will be GPU mine-able someday and that is when the 51% attacks will come, after you have worked hard to build up the value of the coin.

Hybrids do have advantages, with or without Masternodes.


Plan for the future and make a PoS coin. Give up the PoW religious nonsense. It works for only the biggest coins, and isn't necessary for chain security. It is great for distribution because it is "fair" but shitty for chain security.

Look how many PoW coins got hacked. Even the WBB dev said at some point that WBB would NEVER be PoS. Now they have to go to PoS and he has to eat his religious words.

Do the right thing and go with PoS from the start. The PoW religious fanatics hate the suggestion, but they are delusional and shouldn't be listened to.
copper member
Activity: 1024
Merit: 513
txbit.io - cryptocurrency exchange
I think we better go with something which has master nodes.

Master node purchases may boost the coin sales huge. I would rather go as a DASH or PIVX clone instead of Bitcoin.

As the poll points out for now we will be using PIVX

With or without the see-saw rewards?

Yes it will have Seesaw. Specifications will be:

  • Algorithm XEVAN (PoW and Spork messages)
  • 60 seconds block time
  • Difficulty retarget every block (Kimoto gravity well v3)
  • 100.000 AMS masternode collateral
  • Darksend (Obfuscation)
  • InstantX (SwiftTX)
  • PoS 3.0 protocol
  • Seesaw reward balancing
  • PoW block rewards: [block# 2-151200] 7.5 AMS [block# 151201-259200] 5 AMS
  • PoW rewards breakdown:
    • [block’s          2-432000] 20% MN (1.5 AMS)    / 80% MINER (6 AMS)
    • [block’s   43201-151200] 20% MN (1.5 AMS)    / 70% MINER (5.25 AMS)  / 10% Available to the budget system (0.75 AMS)
    • [block’s 151201-259200] 45% MN (2.25 AMS) / 45% MINER (2.25 AMS) / 10% Available to the budget system (  0.5 AMS)
  • PoW ends at block 259200 (Approx 180 Days)
  • PoW rewards: [block# 2-151200] 7.5 AMS [block# 151201-259200] 5 AMS
  • PoS rewards breakdown
    • [blocks 259201-302399] 4.75 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 302400-345599] 4.5 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 345600-388799] 4.25 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 388800-431999] 4 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 432000-475199] 3.75 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 475200-518399] 3.5 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 518400-561599] 3.25 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 561600-604799] 3 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 604800-647999] 2.25 AMS (90% distributed to staker and masternode - 10% available to budget system)
    • [blocks 648000-Infinite]   2 AMS (90% distributed to staker and masternode - 10% available to budget system)

Wallet is currently in developement: https://github.com/CoinProjects/AmsterdamCoin-v4
hero member
Activity: 661
Merit: 500
We only want the FACTS!
I think we better go with something which has master nodes.

Master node purchases may boost the coin sales huge. I would rather go as a DASH or PIVX clone instead of Bitcoin.

As the poll points out for now we will be using PIVX

With or without the see-saw rewards?
copper member
Activity: 1024
Merit: 513
txbit.io - cryptocurrency exchange
I think we better go with something which has master nodes.

Master node purchases may boost the coin sales huge. I would rather go as a DASH or PIVX clone instead of Bitcoin.

As the poll points out for now we will be using PIVX
newbie
Activity: 48
Merit: 0
I think we better go with something which has master nodes.

Master node purchases may boost the coin sales huge. I would rather go as a DASH or PIVX clone instead of Bitcoin.
copper member
Activity: 1024
Merit: 513
txbit.io - cryptocurrency exchange
apt-get update y
apt-get update -y
apt-get upgrade -y
apt-get dist-upgrade -y
apt-get install build-essential libssl-dev libboost-all-dev libdb5.1 libdb5.1-dev libdb5.1++-dev libtool                                                                                                                                                 
apt-get install git ntp make g++ gcc autoconf cpp ngrep iftop sysstat autotools-dev pkg-config                                                                                                                                                           
sudo apt-get install libqt5gui5 libqt5core5a libqt5dbus5 qttools5-dev qttools5-dev-tools libprotobuf-dev protobuf-compiler libqrencode-dev                                                                                                                                                         
git clone  https://github.com/transferdev/Transfercoin.git
cd Transfercoin/src
sudo apt-get remove qt3-dev-tools libqt3-mt-dev
sudo apt-get install libqt4-dev libminiupnpc-dev
apt-get install libmpc-dev
sudo make -f makefile.unix # Headless transfer
strip transferd
sudo cp transferd /usr/local/bin
nohup ./transferd &
./transferd stop
GitHub
transferdev/Transfercoin
Transfercoin - source
 


This is Transfer coin command lines. Can you please edit as per the AMS?

Its the same for AMS. Just rename, copy, paste.
sr. member
Activity: 495
Merit: 250
apt-get update y
apt-get update -y
apt-get upgrade -y
apt-get dist-upgrade -y
apt-get install build-essential libssl-dev libboost-all-dev libdb5.1 libdb5.1-dev libdb5.1++-dev libtool                                                                                                                                                 
apt-get install git ntp make g++ gcc autoconf cpp ngrep iftop sysstat autotools-dev pkg-config                                                                                                                                                           
sudo apt-get install libqt5gui5 libqt5core5a libqt5dbus5 qttools5-dev qttools5-dev-tools libprotobuf-dev protobuf-compiler libqrencode-dev                                                                                                                                                         
git clone  https://github.com/transferdev/Transfercoin.git
cd Transfercoin/src
sudo apt-get remove qt3-dev-tools libqt3-mt-dev
sudo apt-get install libqt4-dev libminiupnpc-dev
apt-get install libmpc-dev
sudo make -f makefile.unix # Headless transfer
strip transferd
sudo cp transferd /usr/local/bin
nohup ./transferd &
./transferd stop
GitHub
transferdev/Transfercoin
Transfercoin - source
 


This is Transfer coin command lines. Can you please edit as per the AMS?
copper member
Activity: 1024
Merit: 513
txbit.io - cryptocurrency exchange
Service Unavailable

The server is temporarily unable to service your request due to maintenance downtime or capacity problems. Please try again later.

Apache/2.4.18 (Ubuntu) Server at www.amsterdamblockchain.info Port 80

I know. The server is now offline because I am preparing for the swap.
sr. member
Activity: 495
Merit: 250
Service Unavailable

The server is temporarily unable to service your request due to maintenance downtime or capacity problems. Please try again later.

Apache/2.4.18 (Ubuntu) Server at www.amsterdamblockchain.info Port 80
copper member
Activity: 1024
Merit: 513
txbit.io - cryptocurrency exchange
Blockchain is not working

Its slow but working. Thats why we are renewing the wallet. Please vote.
sr. member
Activity: 495
Merit: 250
Blockchain is not working
member
Activity: 82
Merit: 10
copper member
Activity: 1024
Merit: 513
txbit.io - cryptocurrency exchange
newbie
Activity: 39
Merit: 0
dev please make a slack channel
what is the problem dev?!?
why do you want to give up masternodes?!?!?!?!?!?
copper member
Activity: 1024
Merit: 513
txbit.io - cryptocurrency exchange
Hi, is there a slack or telegram channel to contact the devs in real time? do they reply on facebook quickly?

I am the dev and you can send me PMs if you have questions.
full member
Activity: 335
Merit: 100
Hi, is there a slack or telegram channel to contact the devs in real time? do they reply on facebook quickly?
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