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Author Topic: [AC] AsiaCoin | Pure PoS | 100% Interest  (Read 264528 times)
bittcoinn
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February 02, 2015, 01:59:35 PM
 #3381

Dogecoin : transfer takes roughly 1 hour ,
cost of transfer (as far as known) - 1 DOGE
DOGE is quite widely used for transfers

DOGE already had significant crashes and forks

Asiacoin : transfer time roughly 20 seconds
cost of transfer : 0.01 AC (roughly 50 times cheaper)

AC never had a fork (this present wallet)
AC so much better?
Youghoor
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February 02, 2015, 02:40:17 PM
 #3382

Still staking and getting lots of coins.
harry_weener
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February 04, 2015, 03:10:39 AM
 #3383

Gotta love POS  Wink
Maestro1 (OP)
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February 04, 2015, 07:42:04 AM
 #3384

NeuCoin (french startup that raised $2.25m funds) is using a very similar PoS schedule as ours. I don't know if they got the idea from us (we were first to it).

If you're happy with our work on AsiaCoin revival, please consider giving us trust feedback and provide donations to the new AsiaCoin Foundation.
BTC: 1LCsuAojeFqf5YamN9iiwEo3VJ9YM8HHjf
Enthef420
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February 15, 2015, 05:40:36 PM
 #3385

NeuCoin (french startup that raised $2.25m funds) is using a very similar PoS schedule as ours. I don't know if they got the idea from us (we were first to it).
With BTER down... I submitted a coin request to be added to poloniex. Lets see where this goes.

Maestro1 (OP)
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February 16, 2015, 07:17:30 AM
 #3386

NeuCoin (french startup that raised $2.25m funds) is using a very similar PoS schedule as ours. I don't know if they got the idea from us (we were first to it).
With BTER down... I submitted a coin request to be added to poloniex. Lets see where this goes.

Yeah, let's see where this goes. As Bter was our biggest exchange, I assume a good amount of AC were on Bter. I'll try to contact them to see the status of those coins. We'll try to get on a new exchange, preferably an Asian one.

If you're happy with our work on AsiaCoin revival, please consider giving us trust feedback and provide donations to the new AsiaCoin Foundation.
BTC: 1LCsuAojeFqf5YamN9iiwEo3VJ9YM8HHjf
Maestro1 (OP)
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February 17, 2015, 02:01:19 PM
 #3387

Bter told me to wait for an official update, not very reassuring.

Our largest wallets haven't been changed in a while, so I'm optimistic that the AC on Bter was not stolen. If you had AC on Bter, please post how much.

If you're happy with our work on AsiaCoin revival, please consider giving us trust feedback and provide donations to the new AsiaCoin Foundation.
BTC: 1LCsuAojeFqf5YamN9iiwEo3VJ9YM8HHjf
fonzerrellie
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February 17, 2015, 08:58:29 PM
 #3388

Oh cool Cheesy still a few months yet, and 5 % is a nice stable amount to give incentive to keep staking
5% is comfortable though I am personally fine with just 2% per annum. A higher % doesn't really mean much if the inflation outpace the staking rate.

actually after looking at mintcoins year end staking stats... not even half the coins were staked, so it's inflation was not even 10% of the 20% it could have been. which means 20% was not enough incentive for the majority to hold and stake.

I have a bunch of coins that are 5 - 10 % and I always notice that they seem to have more coins sitting on exchanges waiting to sell than staking. which is a hell of a lot worse than than a bit of inflation.


#Expanse $EXP 500 transactions 4 .1 EXP 1st Clone of ETH 
WAVES
Enthef420
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February 20, 2015, 08:04:20 PM
Last edit: February 21, 2015, 01:34:55 AM by Enthef420
 #3389

Bter told me to wait for an official update, not very reassuring.

Our largest wallets haven't been changed in a while, so I'm optimistic that the AC on Bter was not stolen. If you had AC on Bter, please post how much.

Had .1btc on bter and around 100k AC.

I will be moving the tipbot onto a linux server cloudserver and updating the code to the tipbot you can donate to my AC address listed below if you feel the work is going in the right direction.

I like the idea of a crowdfund is this something I can help put together?

ORiN
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February 21, 2015, 02:44:05 AM
 #3390

Bter told me to wait for an official update, not very reassuring.

Our largest wallets haven't been changed in a while, so I'm optimistic that the AC on Bter was not stolen. If you had AC on Bter, please post how much.
Had .1btc on bter and around 100k AC.

I will be moving the tipbot onto a linux server cloudserver and updating the code to the tipbot you can donate to my AC address listed below if you feel the work is going in the right direction.

I like the idea of a crowdfund is this something I can help put together?
An AC tipbot? Will we be able to deploy it for other purposes as well?
bittcoinn
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February 21, 2015, 09:54:05 PM
 #3391

explorer https://chainz.cryptoid.info/ac/#!extraction
again few strange wallets

wallets protocol 2.0.1   - now single IP ( also a node for Hyperstake and some other coins )
wallets protocol ,,zero'' - this is single IP in China 221.232.159.150 and for sure it is not a exchange

my question :
1. if someone modifies 2.0.0 wallet to such extent it shows 2.0.1 protocol or ''zero'' protocol would it be considered legit ?
2. for what reason he does such - possibly - hard work ? where is a profit ? could such a wallet stake much faster ?
bittcoinn
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February 21, 2015, 11:22:17 PM
 #3392

difficulty now 2.20

usually for a long time between 0.05 to 0.2

is it an attack ?
bittcoinn
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February 21, 2015, 11:39:32 PM
Last edit: February 22, 2015, 12:11:56 AM by bittcoinn
 #3393

difficulty now 2.20

usually for a long time between 0.05 to 0.2

is it an attack ?

update 2339 GMT now difficulty 2,50

update 0011 gmt diff 3.53 WTF?
Maestro1 (OP)
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February 22, 2015, 01:47:00 AM
 #3394

explorer https://chainz.cryptoid.info/ac/#!extraction
again few strange wallets

wallets protocol 2.0.1   - now single IP ( also a node for Hyperstake and some other coins )
wallets protocol ,,zero'' - this is single IP in China 221.232.159.150 and for sure it is not a exchange

my question :
1. if someone modifies 2.0.0 wallet to such extent it shows 2.0.1 protocol or ''zero'' protocol would it be considered legit ?
2. for what reason he does such - possibly - hard work ? where is a profit ? could such a wallet stake much faster ?

2.0.1 is basically the wallet version in the Linux source code, as there have been a little cleaning done on the code (it hasn't been anywhere near enough to warrant a new wallet release for all platforms though). If you compile from the Linux source, it will recognize it as 2.0.1 (or whatever version number, if you edit it before compiling). There's no difference, the only way the blockchain would accept their stakes is that if their stakes follows the same rules as everyone else's.

If you're happy with our work on AsiaCoin revival, please consider giving us trust feedback and provide donations to the new AsiaCoin Foundation.
BTC: 1LCsuAojeFqf5YamN9iiwEo3VJ9YM8HHjf
Maestro1 (OP)
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February 22, 2015, 01:48:01 AM
 #3395

difficulty now 2.20

usually for a long time between 0.05 to 0.2

is it an attack ?

A few of our big wallets started staking, this happens every now and again and will increase difficulty significantly. Increase in difficulty is not indicative of an attack.

If you're happy with our work on AsiaCoin revival, please consider giving us trust feedback and provide donations to the new AsiaCoin Foundation.
BTC: 1LCsuAojeFqf5YamN9iiwEo3VJ9YM8HHjf
Maestro1 (OP)
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February 22, 2015, 01:51:36 AM
 #3396

Bter is back online. I suggest trying to withdraw the coins as soon as they enable it and trade on Cryptsy or CoinSwap.

If you're happy with our work on AsiaCoin revival, please consider giving us trust feedback and provide donations to the new AsiaCoin Foundation.
BTC: 1LCsuAojeFqf5YamN9iiwEo3VJ9YM8HHjf
jacktheking
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February 22, 2015, 02:07:33 AM
 #3397

Android wallet coming soon? How soon is your soon? I'm looking for a light wallet for AsiaCoin..

So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.

Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!

Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
ORiN
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February 22, 2015, 03:43:58 AM
 #3398

difficulty now 2.20

usually for a long time between 0.05 to 0.2

is it an attack ?

update 2339 GMT now difficulty 2,50

update 0011 gmt diff 3.53 WTF?
Higher difficulty doesn't mean AC network is under attack. You might want to take a chill pill.
ORiN
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February 22, 2015, 03:47:17 AM
 #3399

Android wallet coming soon? How soon is your soon? I'm looking for a light wallet for AsiaCoin..
At the moment, we don't have an Android developer who can work on the wallet anymore.
bittcoinn
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February 22, 2015, 08:09:27 PM
Last edit: February 22, 2015, 11:21:19 PM by bittcoinn
 #3400

difficulty now 2.20

usually for a long time between 0.05 to 0.2

is it an attack ?

update 2339 GMT now difficulty 2,50

update 0011 gmt diff 3.53 WTF?
Higher difficulty doesn't mean AC network is under attack. You might want to take a chill pill.

thanks for info

then - what would constitute an attack ?

when wrote this post about difficulty shooting up  to 3.0 considered this:
1.it was never seen this high before
2.lately: strange wallets from explorer : protocol number ''zero'' wallets and ''2.0.1'' wallets occurring and no word on these versions on this page
2.for what reason someone should build new AC wallet (to show wallet versions of ''zero'' and ''2.0.1'') and keep it secret?
3.most obvious explanation : some unclear danger ahead
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