Latest posts of: RavenWing71

Another Proof-Of-Stake Coin -- AsiaCoin -- http://theasiacoin.com/

Claims first year 100%

From source code at https://github.com/AsiaCoin/AsiaCoin/blob/master/src/util.h

Code:

static const int64 COIN = 1000000;

From source code at https://github.com/AsiaCoin/AsiaCoin/blob/master/src/main.h

Code:

static const int64 MAX_MONEY = 360000000 * COIN;	// 36 mil
static const int64 MAX_MINT_PROOF_OF_STAKE = 0.10 * COIN;	// 10% annual interest

From source code at https://github.com/AsiaCoin/AsiaCoin/blob/master/src/main.cpp

Code:

unsigned int nStakeMinAge = 60 * 60 * 24 * 14;	// minimum age for coin age: 14d
unsigned int nStakeMaxAge = 60 * 60 * 24 * 365 * 10;	// stake age of full weight: 10y
unsigned int nStakeTargetSpacing = 60;	// 60 sec block spacing

Code:

const int YEARLY_BLOCKCOUNT = 525600;	// 365 * 1440
int64 GetProofOfStakeReward(int64 nCoinAge, unsigned int nBits, unsigned int nTime, int nHeight)
{
    int64 nRewardCoinYear;
nRewardCoinYear = MAX_MINT_PROOF_OF_STAKE;

if(nHeight < YEARLY_BLOCKCOUNT)
{
nRewardCoinYear = 7.15 * MAX_MINT_PROOF_OF_STAKE; //due to the compounded interest
}
else
{
nRewardCoinYear = MAX_MINT_PROOF_OF_STAKE / 5;
}

    int64 nSubsidy = nCoinAge * nRewardCoinYear / 365;
if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfStakeReward(): create=%s nCoinAge=%"PRI64d" nBits=%d\n", FormatMoney(nSubsidy).c_str(), nCoinAge, nBits);

    return nSubsidy;
}