Done.

OP also updated with the updated donation status. Many thanks to those who donated, we are putting them into good use.

Yes of course. We are working on our dedicated multipool and HashCo.ws has agreed to add AC to their payout options. I will announce when they do, should be very soon.

30 millions of the premine were used (for giveaways, bounties and dumped on exchanges). There are no more hidden blocks (we manually checked but resources are out there, anyone can check). This is confirmed by independent developers too. You're always welcome to see the source code too.

Like I said, ask the questions you may have, and we're happy to answer. According to you the fact that we're trying to be as transparent as possible, answer all questions, be respectful which leads to a smooth show is evidence to doubt our intentions and in favor of us being scammers. Interesting.

Everyone is entitled to their opinion, we don't know who the original developer is, it could be us, it could be you or anyone. I want to add what I've always said in the past week, in case you or readers have missed them.

• Our source code is out there, we always encouraged people to look at the source code, use tools like winmerge to compare it line by line with other PoS coins such as BC or Cinni to see if there's anything else hidden on the code.
• We encouraged people to ask questions that they may have, and always answered them respectfully (while questions/accusations have not always been respectful). I doubt you'd see a coin here with more responsive developers than the revived AC
• Look at our past, we're just people who stood up for everyone when someone needed to step up, you can see the whole process (though you can claim it was all orchestrated lol)
• See our transparency
• Observed what we've done so far, and what we're doing

In the end, it's up to the people to decide what they want to do. And those who are coming here to call us scammers (or even the original scammer) and telling that they've dumped right after exchanges relisted AC, you're welcome. Our efforts (the community) made your investment worth something again, and for that, you're welcome

Thanks, but again, that's the most obvious thing. I clearly wasn't asking how someone's stake is being calculated.

Thanks anyway, anyway.

It's true that we have a great plan. Right now we are building our core team by members who are committed to long term support of AsiaCoin in different aspects of development and marketing but of course we need support from the community, and you can support us in many ways:

• Helping us out. We need volunteers for development and marketing. You don't need to be an expert, this could be a great learning opportunity, as it has been for me personally and for a lot of us that are helping out. You want to be part of something bigger, well, we need you.
• By buying Asia Coin, and staking. You will be rewarded handsomely for it because of our very high stake rate, and you will help stabilizing the market and deriving the price higher, adding value to your investments
• By not dumping all you have on the market, obviously if you've seen positive progress with our work.
• Lastly, by making donations, so that we can pay bounties to professionals to add features and value to our ecosystem, like adding new features to the wallet, further promoting AC in the media, paying for marketing campaigns, wallets for mobile platforms, operational and development costs of the multipool, etc.

OP updated with new donations status and how we so far have spent them.

Xuorc, we received your donation too.

My question is academic, I just want to know what PoS difficulty variable refers to

I know the criticisms of PoS and a comparison of other features of PoS vs PoW was not really my question. Thanks anyway for taking the time to respond and the link too.

Yes indeed we have received it. Thanks

I was wondering how to interpret PoS difficulty? The output of getdifficulty from the daemon gives out some numbers, but exactly what do they mean?

I can understand that it probably means the higher it is, the higher the percentage of coins that are staking, but any way to quantify it to a percentage number, or at least to compare different PoS coins together with some quantification?

Also, what does "search-interval" mean?

BlackCoin:

CinniCoin:

AsiaCoin:

It seems like it's a variable to keep the block time independent of the number of coin who are staking, same as PoW difficulty, so in theory it should be able to somehow provide some sort of insight on how many coins are staking, same way as PoW difficulty can provide insight on the overall hashrate of the network. I just want that connection between the difficulty and the number of coins that are staking.

Thanks

With the clients that don't have Coin Control features (ours included), I don't know. With the clients that do have it, you can select which coins to send out. That's why we will add coin control feature in a future non-mandatory wallet update.

If your coins are already staking, they will not be sent out until all non-staking coins are out. If your coins are not yet mature for staking (say you have two deposits, one 10 days ago and one 2 days ago), I don't know whether the newest coins will be sent.

I'll try to contact them but HashCo.ws should be up and running very soon.

Edit: I contacted them on behalf of the development team, waiting for their response.

Sorry I quoted the wrong message I meant to quote this:

I gave it to them in DM. The old block explorer goes up and down, it was put up for us by mullick on a temporary server so we can't be sure that it's constantly up. We are working on two independent block explorers now.

If you have coins that are mature for staking, when  you enter the walletpassphrase command it should start to mint. If not, it means your coins are not yet mature for staking. The "Minting suspended due to locked wallet" message will disappear within 1 minute of entering the passphrase.

100% interest per year
0.27% interest per day
3.78% interest in two weeks

1000 * 0.0378 = 37.8 AC

I'm happy to announce that our Mac wallet is ready.

Download - Mirror


Screenshots



Mac OS X 10.6.8:


Mac OS X 10.9.2 (retina display):
https://i.imgur.com/4uZSpYT.png


OP updated.

On Mintpal: We can't, as the development team, contact them once every hour to ask for progress when they've already told us that they're working on it. What all of us as individuals can do is to ask them on Twitter.

I'm personally in no rush to get on Mintpal or Cryptsy ASAP. We are on every other exchange and we have a healthy volume at a stable price and I wouldn't mind if we kept it like this for even a few days. I understand that the situation might not be ideal especially if you have coins at Cryptsy, but again, what you can do is ask them on Twitter, they will follow where volume leads.


Yes they will stake 2 weeks after their last transaction regardless of wallet version.

Our market cap is nearly at $690,000 (~1529 BTC). We are indeed in the top 30 coins now. The journey to top 20 begins now.

It's just a technical issue on their side, it will be back up.

Yes. That's in our plans. Stay tuned.