[AC] AsiaCoin | Pure PoS | 100% Interest

[Nicolaas.R]

Test completed Sending,Receving works fine.

A+ for the wallet

GOOOOOOOOO AC TEAM!!!!

[Maestro1]

Awesome I'm definitely donating. Incredible how awesome the website looks and how much work people have put in.

 I guess the current dilemma is whether to keep the 100% POS and have more coins or adjust the POS so that you end up with 320 million at the end of the year. If the number of minted coins is 190 million including the 30 million dumped from the dev, so after 100% pos there would be 380 million coins. Contrast  with having say 70% POS and 323 million. I guess it all depends if the number of coins will push the price down proportionally, if the coin number increases with the price staying fixed of course that is more desirable but I feel its unlikely.

I would be okay with either. I don't feel deft enough to ascertain whether the price would be able to remain constant or increase while the coin supply is increasing, or project how the increase of coins would influence the value of the coins especially since cryptocurrencies are so inherently volatile.

We decided to change PoS staking rates to a gradually decreasing one (obviously by debating it here), details here: https://bitcointalk.org/index.php?topic=595999.msg6547116#msg6547116

[Collegestudent]

Awesome I'm definitely donating. Incredible how awesome the website looks and how much work people have put in.

 I guess the current dilemma is whether to keep the 100% POS and have more coins or adjust the POS so that you end up with 320 million at the end of the year. If the number of minted coins is 190 million including the 30 million dumped from the dev, so after 100% pos there would be 380 million coins. Contrast  with having say 70% POS and 323 million. I guess it all depends if the number of coins will push the price down proportionally, if the coin number increases with the price staying fixed of course that is more desirable but I feel its unlikely.

I would be okay with either. I don't feel deft enough to ascertain whether the price would be able to remain constant or increase while the coin supply is increasing, or project how the increase of coins would influence the value of the coins especially since cryptocurrencies are so inherently volatile.

We decided to change PoS staking rates to a gradually decreasing one (obviously by debating it here), details here: https://bitcointalk.org/index.php?topic=595999.msg6547116#msg6547116

Can u add this to the frontpage by editing as well as adding to the website?

[Maestro1]

Awesome I'm definitely donating. Incredible how awesome the website looks and how much work people have put in.

 I guess the current dilemma is whether to keep the 100% POS and have more coins or adjust the POS so that you end up with 320 million at the end of the year. If the number of minted coins is 190 million including the 30 million dumped from the dev, so after 100% pos there would be 380 million coins. Contrast  with having say 70% POS and 323 million. I guess it all depends if the number of coins will push the price down proportionally, if the coin number increases with the price staying fixed of course that is more desirable but I feel its unlikely.

I would be okay with either. I don't feel deft enough to ascertain whether the price would be able to remain constant or increase while the coin supply is increasing, or project how the increase of coins would influence the value of the coins especially since cryptocurrencies are so inherently volatile.

We decided to change PoS staking rates to a gradually decreasing one (obviously by debating it here), details here: https://bitcointalk.org/index.php?topic=595999.msg6547116#msg6547116

Can u add this to the frontpage by editing as well as adding to the website?

It is on the front page (second post though). We will add it to the website today.

[Collegestudent]

Awesome I'm definitely donating. Incredible how awesome the website looks and how much work people have put in.

 I guess the current dilemma is whether to keep the 100% POS and have more coins or adjust the POS so that you end up with 320 million at the end of the year. If the number of minted coins is 190 million including the 30 million dumped from the dev, so after 100% pos there would be 380 million coins. Contrast  with having say 70% POS and 323 million. I guess it all depends if the number of coins will push the price down proportionally, if the coin number increases with the price staying fixed of course that is more desirable but I feel its unlikely.

I would be okay with either. I don't feel deft enough to ascertain whether the price would be able to remain constant or increase while the coin supply is increasing, or project how the increase of coins would influence the value of the coins especially since cryptocurrencies are so inherently volatile.

We decided to change PoS staking rates to a gradually decreasing one (obviously by debating it here), details here: https://bitcointalk.org/index.php?topic=595999.msg6547116#msg6547116

Can u add this to the frontpage by editing as well as adding to the website?

It is on the front page (second post though). We will add it to the website today.

Btw i msged cinnicoin dev on his blockchain no reply yet, and hows ur search going for the blockchain? Richlist is easy blockchain's the hard part

[Maestro1]

I just recieved word from Plath.net developer that they have reviewed our new source code, are happy with the work, and have upgraded their wallets to the new version. The trades and deposits there are on hold as well per our recommendation.

Edit: Just received the same thing from swaphole.

[Collegestudent]

I just recieved word from Plath.net developer that they have reviewed our new source code, are happy with the work, and have upgraded their wallets to the new version. The trades and deposits there are on hold as well per our recommendation.

Offtopic but never realised Palth looked so close to Mintpal...potential of the exchange here?

[Maestro1]

In case people are wondering, this is the current status of exchanges regarding our patch:


C-Cex
(installed our wallets, trades are active, deposits/withdrawals are on hold)

Bter.com
Plath.net
Swaphole
(all installed our wallets, trades/deposits/withdrawals are on hold)

Coin-Swap
Cryptsy
Mintpal
Bittrex
CryptoALTeX
Poloniex
(all reviewing source code, trades/deposits/withdrawals are on hold)

[web_PC]

In case people are wondering, this is the current status of exchanges regarding our patch:


C-Cex
(installed our wallets, trades are active, deposits/withdrawals are on hold)

Bter.com
Plath.net
Swaphole
(all installed our wallets, trades/deposits/withdrawals are on hold)

Coin-Swap
Cryptsy
Mintpal
Bittrex
CryptoALTeX
Poloniex
(all reviewing source code, trades/deposits/withdrawals are on hold)

Good job Maestro1 

[Klarisskin]

I will donate to the new devs 10% of my AC once the revived AC is up and running.

[dzonikg28]

i touth that this is unrepearable ..but WOW..i am realy impressed..i have only 30k on mint pal but still happy that it will not die and now have some awsome devs behind

[maxsinner]

In theory can the code be reversed in a future fork so that the premine becomes again valid?

[Maxikosw]

In theory can the code be reversed in a future fork so that the premine becomes again valid?

No because every wallet have to run same code or they are diffrent forks. It can be done but everobody have to install that wallet

[ac2]

A huge thank you to our new dev team!!! THE A TEAM!
Maestro1
abel1337
X-Laboratories
ORiN
abel1337
Whatzhub
micryon
Xuorc
zikomoto
EnabledZombi3
Deathtoallptots
Collegestudent
CryptoSteam

The white knights of the crypto world. With soooo many sad scam stories out there, you guys have done a service not just to us, but to the ethos of decentralized currency.

DON'T SELL ASIACOIN! SUPPORT YOUR COIN! SUPPORT A LEGACY OF COMMUNITY, TRANSPARENCY, AND GOODWILL!
SUPPORT ASIA! DON'T SELL!

[Nicolaas.R]

Staking works Fine too!!!

[mrdennis86]

I will donate to the new devs 10% of my AC once the revived AC is up and running.

me tooo 

Me 2!!!!

[Specialkey]

When there is a new Mac wallet I am happy

[syrota]

Is anyone else still mining in the multipool?

Yes

[Shurugwi]

Is anyone else still mining in the multipool?

I am yes

[szblover]

waiting for the new wallet to be released.