[ANN][AMS] AmsterdamCoin™ | 100% PoS, Cold-Staking, Side-Chains, Smart-Contracts

[Daleaus]

It appears as though it's working now, 0.5 AMS every 5 minutes or so comes in under stake. does that sound right?

Thanks for your help! Much appreciated!

[1714118389]

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[1714118389]

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[1714118389]

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[keesdewit]

It appears as though it's working now, 0.5 AMS every 5 minutes or so comes in under stake. does that sound right?

Thanks for your help! Much appreciated!

Yes great! You're welcome.

[TheInfidel]

It appears as though it's working now, 0.5 AMS every 5 minutes or so comes in under stake. does that sound right?

Thanks for your help! Much appreciated!

I don't know if that's right, but those are the numbers I'm getting too.

[keesdewit]

It appears as though it's working now, 0.5 AMS every 5 minutes or so comes in under stake. does that sound right?

Thanks for your help! Much appreciated!

I don't know if that's right, but those are the numbers I'm getting too.

Yes that is OK

[Daleaus]

I was under the impression that it would be 50% of the POS, shouldn't that figure be different every time ? depending on the amounts people are staking?

[keesdewit]

I was under the impression that it would be 50% of the POS, shouldn't that figure be different every time ? depending on the amounts people are staking?

Staking has a fixed reward per block. Lots of people are staking so the numbers are correct.

[Daleaus]

I see! thanks a lot! great support

[BurstIncomeAsset]

May  I know what is this new InstantX proposal?

It sounds exciting to be a new feature of AMS.

[verycoinsuchlist]

Do you have a good idea for AmsterdamCoin?

well, apart from that wallet already spruced up with some nice features that at least I haven't noticed anywhere else before (eg. the integrated ez as cake masternode setup), I actually have an idea esp. for this being a local coin that hopefuly will have real-world acceptance in the future

so long story short: an integrated list of locations that accepts AMS as a means of payment, i.e. where you actually can buy stuff or exchange AMS with fiat or other crypto currencies the brick-n-mortar way.
this of course could be enhanced with:
- an integrated open street map view
- a link to osm, something like eg. http://www.openstreetmap.org/note/471587#map=15/52.3747/4.9004&layers=ND

there might as well be some ways to create additional long term revenue for the developer/initiator crew. real-world market integration with selected shop owners whosoever (hardware/software) could be as well refunded with such an integration.
however, it basically depends on how many actual real-persons and/or individual brick-and-mortar business' could/would participate in a localy accepted cryptop payment network.

in line with the latter i'd say there as well stands a big bright YES to:

New poll question: Should we include InstantX?

https://www.dashpay.io/instantx/

I see instaX as a crucial feature for acceptance in b-n-m stores


I'd love to see signs like [we accept AMS, BTC, DASH, LTC (and of course your fiat money if you do insist)] in real shops next time I walk through nieuwmarkt

guys, I have a hunch this coin could actually become sort of game changer - at least I recognise there's a lot potential...

[keesdewit]

May  I know what is this new InstantX proposal?

It sounds exciting to be a new feature of AMS.

This is the InstantX whitepaper: https://www.dashpay.io/instantx/

In short words it means that transaction are sent faster. This is good for payments in real world shops.

[keesdewit]

Do you have a good idea for AmsterdamCoin?

well, apart from that wallet already spruced up with some nice features that at least I haven't noticed anywhere else before (eg. the integrated ez as cake masternode setup), I actually have an idea esp. for this being a local coin that hopefuly will have real-world acceptance in the future

so long story short: an integrated list of locations that accepts AMS as a means of payment, i.e. where you actually can buy stuff or exchange AMS with fiat or other crypto currencies the brick-n-mortar way.
this of course could be enhanced with:
- an integrated open street map view
- a link to osm, something like eg. http://www.openstreetmap.org/note/471587#map=15/52.3747/4.9004&layers=ND

there might as well be some ways to create additional long term revenue for the developer/initiator crew. real-world market integration with selected shop owners whosoever (hardware/software) could be as well refunded with such an integration.
however, it basically depends on how many actual real-persons and/or individual brick-and-mortar business' could/would participate in a localy accepted cryptop payment network.

in line with the latter i'd say there as well stands a big bright YES to:

New poll question: Should we include InstantX?

https://www.dashpay.io/instantx/

I see instaX as a crucial feature for acceptance in b-n-m stores


I'd love to see signs like [we accept AMS, BTC, DASH, LTC (and of course your fiat money if you do insist)] in real shops next time I walk through nieuwmarkt

guys, I have a hunch this coin could actually become sort of game changer - at least I recognise there's a lot potential...

Thanks for your suggestion! The list of locations where you can spend AMS will be available. I also would love to see AMS accepted in the nieuwmarkt stores. We are working on that and we will succeed.

[keesdewit]

Mac OSX wallet available now!

http://www.amsterdamcoin.com/download/mac/amsterdamcoin-qt.zip

[verycoinsuchlist]

We are working on that and we will succeed.

this in fact would be another milestone toward weakening and breaking and eventually superseding the bankster oligarchy in the long run.
I not only wish you all the success possible at the current stage of crypto currency adoption, moreover I wish you all the energy, sturdiness and persistency towards the next limits that are on to be taken.
I'm all with you... the next 2 years might bring some surprising steps toward that greater goal. I'm pondering for some time now about various concepts for introducing, maintaining and first and foremost integrating alternative local currency systems with focus on real-world usage over market representation and trading relevance (which obviously most cryptos are targeted primarily ...and thus most of them are de facto simply irrelevant and virtually non-existing in a broader sense).

so, ik duim for je! ...en mine vanzelfsprekend  

[BurstIncomeAsset]

This coin needs more promotion. The excitement is going up, but the price is going down.

This is not good. The price should be at least 1000 satoshi by now.

[Zeta0S]

This coin needs more promotion. The excitement is going up, but the price is going down.

This is not good. The price should be at least 1000 satoshi by now.

Advertisement works, maybe some blog like cryptomining blog, ccn?

Maybe i do a other article on it, maybe not.. time..

[gregofdoom]

This coin needs more promotion. The excitement is going up, but the price is going down.

This is not good. The price should be at least 1000 satoshi by now.

Relax, dream soon will be purchased at a price 2000 sat for AMS.
Vegas and keesdewit, an explosive mixture

[bignev]

I can do a blog or something if people think it will help. I'll have a think and maybe put up an article tomorrow to get some feedback if I get some time.

[TimC]

Symbol AMS
Algo Quark
84 Million coins available
PoW block reward 10 AMS halving every 840000 blocks
PoS 8% reward
Masternodes (50% of PoS blocks) 100000 AMS collateral
Automatic TOR client
Encrypted messages
Stealth Address
Darksend
Built-in block explorer
60 seconds block time
24 hours staking time
RPC Port 61511
P2P Port 61510

The specs show a POS of 8% but I only get 0.5 AMS per stake. Does the OP need to be updated? It is really 0.5 AMS per stake?

[Zeta0S]

I can do a blog or something if people think it will help. I'll have a think and maybe put up an article tomorrow to get some feedback if I get some time.

What`s your blog url skipper 

[verycoinsuchlist]

The specs show a POS of 8% but I only get 0.5 AMS per stake. Does the OP need to be updated? It is really 0.5 AMS per stake?

correct me if I'm wrong but I always assumed that it reads like: you would on average generate an 8% revenue (regarding the balance of stake-ready coins within the staking min/max parameters) per year by POS minting ...or would you?

...haven't run the tx history of my staking wallet through analysis as of now... yet however, after a darn rough guesstimate I had the impression of even a sheer ~50% rev. over a year (if you'd read %stake like above) if frequency and orph rate roughly stay the same... and I found no reasonable evidence suggesting this might actually change at some point in the future...

so to speak briefly: this wallet is minting as if the end of all days is close
it's flinging coins like a dripping spigot... ~2-5% orphans due to network latency or dropouts (which is reasonably fine regarding a yield on avg. every ~5-6min)...
...and then there have been some intervals with no active masternodes, leading to the whole 1.0 per yield staying in your own wallet. no masternodes, no sharing... but I assume this will be ruddy rare events when masternode installations increase over time.


about that dip in price ...however, nothing to be especially worried about at this point of market positioning... sure thing miners dump a fair amount of coins for profit. it's part of the nature of the concept, that's why most of the mining happens in the first place
I actually enjoy that there's not toooo much of buywalls atm so that little dip as well forks some of the dump into my stash for a budget