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

[midnight_miner]

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

I like the plan!

You need a budget/development system to help promote the coin and its development.  I am glad you are implementing a reasonable system to support future development.
I am very busy, but I am available to help out in any way I can with the support of AMS coin.

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[luckytimes]

So if one buys coins right now, will the ratio be lower? Is the coin supply going to remain the same?

[keesdewit]

So if one buys coins right now, will the ratio be lower? Is the coin supply going to remain the same?

It will stay the same

[luckytimes]

So if one buys coins right now, will the ratio be lower? Is the coin supply going to remain the same?

It will stay the same

Okay. So will this be the same coin? Or will there be a new launch with new Masternodes? I am confused on this. Thanks

[SlowGrowth]

My wallet hasn't been syncing. It's been days.
Anyone know whats up?

Any nodes I can add to sync.

If all hope lost, wait for the next update. This will solve everything.

Greetz
Steve

I have been on the same situation for over a year now so i guess ill just wait for the new update ( no rush now ). Im glad to see Kees upgrading AMS, because i think the level of competitiveness is going for all time highs and for this project to succed you ned to be able to constantly improve and stay on the curve has they say... Has far as i understand there wont be a need to swap coins am i right? Thanks and keep up the good work

[zecon]

Wallet has been stuck syncing for days now, can't get pasts "1 year and 36 weeks"...

Is it a new wallet issue or nodes? Any suggestions?

Thanks

[solarrobot]

Wallet has been stuck syncing for days now, can't get pasts "1 year and 36 weeks"...

Is it a new wallet issue or nodes? Any suggestions?

Thanks

A few pages back in this thread there is a link to some recent chain data known as a bootstrap (synced up to a few days ago). I downloaded it and it helped me sync the chain instantly.

[dellzxd]

yobit wallet not working... as always... many coins on maintence status.

[keesdewit]

yobit wallet not working... as always... many coins on maintence status.

I know and already did a dev support request on sunday.

[keesdewit]

Almost done. Just working on a fix for masternode payments at the moment 

[NLGer]

Hi Kees, it looks promising!

There has been a lot of trading in AMS Coin on Yobit last week!

[tomsmith26]

It's interesting . I like this form . it looks impressive with this project .
How long can I use this platform ?

[luckytimes]

I just invested into this coin. I think AMS as a currency for Amsterdam would be great Any locals in the area actually accepting this currency yet? This coin has a fairly low supply and tiny marketcap. Combine that with Masternodes and I see some potential here. Looks like the Dev works hard and this community is growing. I look forward to the future of this coin. BTW.....CMC says this coin has a circulating supply of 9.6 million coins. I am hoping this is correct. Can anyone confirm this? Thanks

[NLGer]

I just invested into this coin. I think AMS as a currency for Amsterdam would be great Any locals in the area actually accepting this currency yet? This coin has a fairly low supply and tiny marketcap. Combine that with Masternodes and I see some potential here. Looks like the Dev works hard and this community is growing. I look forward to the future of this coin. BTW.....CMC says this coin has a circulating supply of 9.6 million coins. I am hoping this is correct. Can anyone confirm this? Thanks

AMS has 60M coins total
20M are for development
10M are for the dev in about ten years
3.5M are burnt in the last swap

So you get a supply of roughly 26.5 million coins at the moment.
Please correct me if i'm wrong ;-)

[c0in_junkie]

Looks great!
Can we change our AMS coins then to the new Version?

[luckytimes]

I just invested into this coin. I think AMS as a currency for Amsterdam would be great Any locals in the area actually accepting this currency yet? This coin has a fairly low supply and tiny marketcap. Combine that with Masternodes and I see some potential here. Looks like the Dev works hard and this community is growing. I look forward to the future of this coin. BTW.....CMC says this coin has a circulating supply of 9.6 million coins. I am hoping this is correct. Can anyone confirm this? Thanks

AMS has 60M coins total
20M are for development
10M are for the dev in about ten years
3.5M are burnt in the last swap

So you get a supply of roughly 26.5 million coins at the moment.
Please correct me i'm wrong ;-)

Okay. But.....any idea how many are actually circulating at this moment? I am trusting CMC is correct. Anyone confirm?

[zecon]

Wallet has been stuck syncing for days now, can't get pasts "1 year and 36 weeks"...

Is it a new wallet issue or nodes? Any suggestions?

Thanks

A few pages back in this thread there is a link to some recent chain data known as a bootstrap (synced up to a few days ago). I downloaded it and it helped me sync the chain instantly.

Make sure you download and use the bootstrap before you start syncing the wallet...

http://www.amsterdamcoin.com/download/bootstrap.zip

[cryptoam]

Can you please provide Slack invite. I am interested in this coin.

[wll1rah]

Almost done. Just working on a fix for masternode payments at the moment 

Can't wait for the rebirth Kees.
Thanks fro bringing it back to life.

[zecon]

I've downloaded the bootstrap and have still been stuck syncing on "10 hour behind" for almost a day now.

Getting a lot of orphaned blocks in the debug log. Any thoughts?