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Just wondering, what happened to Rat4? Doesnt he do any of the marketing?
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Micryon is right in one way because plans take time and what not, but try to do it under a week. And btw, remove ur cheap sell walls, your scaring randomly.
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Micryon upload the new wallet for all users
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Yo miryon been ages, is the wallet back?
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i hope people will not dump coin, when it released on exchanges
thats what im talking about on the irc. to not dump and help support for the long term and why. What is your nicname in IRC? Can you tell us? I must have seen you in the IRC, i think. CollegeGuy |
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i hope people will not dump coin, when it released on exchanges
thats what im talking about on the irc. to not dump and help support for the long term and why. |
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I repeat come to IRC #ACRevival
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Would be nice to put a new spin on this.. Not just an AC security patch.. but AC with new and improved PoS block halving patch..  Can i get wallet early tho, pm me link so i can test it. |
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With the original specifications so far AC worked very well with much acceptance in your community. That's what matters most!
Perhaps one should not deviate too much from the original specifications, beyond that I like it or not
There will even be a long time in the future to make another change for a better update! hahaha
No man this is best because discussion has been going for too long as i say this is the elixer we need to move forward. |
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and anyway 2nd yr interest was going to bring 320mill to 326mill. So this is even better
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Dear Community (Important):We need to finalize our decision on PoS staking rate of the coin. We put this up for debate many pages ago and a lot of you shared your ideas. I will try to summarize: - The majority of you invested in the coin mainly of its high stake rate in the first year and named it as its main feature: therefore we will honour it.
- However, a lot of you raised concerns about the future and sustainability of the coin with a very high interest rate, which is a valid point. The original developer did not think about the future of the coin, and we don't think his decisions were in the interest of long term survival of the coin
- Sudden change in the staking rate is NOT good for the coin as it creates a sudden change of its most significant specitication.
What I proposed a few pages ago: I personally think a swift change PoS rate from 70-100% to 2-5% is not a good idea, it's a very big change for a coin and its specification. I very much prefer a more slow gradual decrease on shorter intervals (e.g. instead of jumping from 100% in year 1 to 2% in year 2, we can do a slow decrease every 1-2 months until we get to 2% within 2-3 years).
I don't think the original developer thought about the long-term PoS issues of the coin, this is evident from the code he wrote but this is something that we need to decide.
And you guys mostly seemed to agree. Details will be like this: Coins now: 171,000,000 - Year 1, Month 1-2 : 100% - 199,500,000 AC
- Year 1, Month 3-4 : 80% - 226,100,000 AC
- Year 1, Month 5-6 : 60% - 248,710,000 AC
- Year 1, Month 7-8 : 40% - 265,290,666.6 AC
- Year 1, Month 8-10: 30% - 278,555,200 AC
- Year 1, Month 10-12: 20% - 287,840,373.3 AC. This is end of Year 1
- Year 2, Month 1-2 : 15% - 295,036,382 AC
- Year 2, Month 3-4 : 10% - 299,953,655 AC
- Year 2, Month 5-6 : 8% - 303,953,037 AC
- Year 2, Month 7-8 : 6% - 306,992,568 AC
- Year 2, Month 8-10: 4% - 309,039,185 AC
- Year 2, Month 10-12: 3% - 310,584,381 AC. This is the end of Year 2
- Year 3: 2% - 316,796,068
- Year 4: 2%
- ...
- Year 10: 2% - 363,899,103 AC
- Year 100: 2% - 2,162,700,201 AC
Note: These numbers are the maximum, if 100% of the coins stake all the time. This will not be the case obviously. So the actual total coin numbers will be significantly less but there is no way to know as we don't know what percentage will stake. This new staking system will be unique to our coin too, adding innovation to our investments! I ask to postpone other discussions now to when we agreed to PoS staking rate, as this is what we need to decide on urgently. We can't do a poll as the thread is not self-moderated. That was essential for building trust. Please let us know if you agree with this, and of course (even more importantly), if you disagree. This is actually more well thought out and better than me, (well only because i dont do as much as you) this gives tons of incentives for the same holders and future holders because its still excellent interest and the total coins will remain to be 320mill in 2 yrs rather than 320mill in 1 yr. |
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Maestro can we get a poll for POS interest
Options:
1. 70%
2. 100%
3. 2%
4. 5%
5. 10%
6. 1%
I would be inclined by 100% for two months as a continuity of PoW mining, only that more energy efficient through the PoS And then a lower rate as BC style to give sustainability to the price of medium and long term. And we do not have a problem of survival of the coin in the future!!! |
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Maestro can we get a poll for POS interest
Options:
1. 70%
2. 100%
3. 2%
4. 5%
5. 10%
6. 1%
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I'm back. Had a long day at work. Maestro1 and micryon, thanks for keeping me in the loop with updates and GREAT WORK GUYS! I will continue to support this community and help with marketing. One of the first things I will do after the patched wallet gets released, I will use CryptoSteam.com to have a list of AC links for people to browse and find more information about AC. A list of links to the official website, this thread, AC multipools, articles, exchanges, merchants, etc. If anyone has an idea of which open source CMS I can use to create a nice looking site that helps with adding links quickly, please let me know. For now, I'm still adding people to the list. PM me if you want to get on there. Everyone, continue to support this community! There are many things you can do. Get the word out there! Use WordPress, simply download WordPress v3.9 from http://wordpress.org/, and follow their famous 5-min installation guide. You should be able to setup a pretty nice-looking site within 30 minutes or so. Thank you for the suggestion. I do know how to install CMS like Wordpress, but I was wondering if there is a specific theme, plugin, or CMS that does a beautiful list of links and a way for people to submit their own links as well. I want it to be top-notch so people will see that we are a serious community. |
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2-3 FUDers came here, went back disspointed. Nice unity guys! WE need much more of this in future!! And Miyron give me the link to wallet please so i can get bounties updated. I have some neat long term plans
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wow, my order on 1100 sat has been filled on c-cex, what's going on, is project succeed? We have trades open. Deposits and withdrawals will be opened after wallet update. Let's want for developers to issue new wallet. you must feel so happy atm because u have so much attention thx to Asiacoin, you should consider improving ur exchange's interface because u can really get ahead now. |
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orders keep rising, still undervalued imo considering it went to 2500.
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I personally think a swift change PoS rate from 70-100% to 2-5% is not a good idea, it's a very big change for a coin and its specification. I very much prefer a more slow gradual decrease on shorter intervals (e.g. instead of jumping from 100% in year 1 to 2% in year 2, we can do a slow decrease every 1-2 months until we get to 2% within 2-3 years).
I don't think the original developer thought about the long-term PoS issues of the coin, this is evident from the code he wrote but this is something that we need to decide.
Exactly y im saying 70%. 70% is still pretty good |
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Is the wallet fixed so i can help with the bounties?
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