[AC] AsiaCoin | Pure PoS | 100% Interest

[bittcoinn]

cryptsy signs of disorder

Inaki López ‏@Nakitxu May 31

USD Withdrawals at #cryptsy not working. #Teher not working. 4 days without support answer and counting... sic.

[bittcoinn]

now understand

why

1.Micryon had to disappear prematurely in August 2014, both from Bitcointalk as Github

2.why (never-existing) Asiacoin Foundation is interested only in control of Asiacoin github, and is not interested in any other topic
including Cryptsy and Bter listing, marketing of Asiacoin and Asiacoin development

will publish this knowledge in short timeframe after more confirmations

[mightgetlucky]

didn't this drop to like 50 sats?

[Rw13enlib88]

news?

[bittcoinn]

news?

working on new wallet version including:
-system alerts
-explorer window within Asiacoin client (similar to Vericoin)

alerts were planned already in 2014 - we see references to alerts in Micryon source but unfinished:
https://github.com/AsiaCoin/AsiaCoinFix/blob/master/src/alert.cpp
https://github.com/AsiaCoin/AsiaCoinFix/blob/master/src/alert.h

as to Asiacoin - network is very strong, 58% of all coins are staking now : https://chainz.cryptoid.info/ac/#!extraction
only handful of coins have stronger network percentagewise

[*Sakura*]

Any news about Cryptsy wallet? I can't withdraw my coins.

[Rw13enlib88]

news?

working on new wallet version including:
-system alerts
-explorer window within Asiacoin client (similar to Vericoin)

alerts were planned already in 2014 - we see references to alerts in Micryon source but unfinished:
https://github.com/AsiaCoin/AsiaCoinFix/blob/master/src/alert.cpp
https://github.com/AsiaCoin/AsiaCoinFix/blob/master/src/alert.h

as to Asiacoin - network is very strong, 58% of all coins are staking now : https://chainz.cryptoid.info/ac/#!extraction
only handful of coins have stronger network percentagewise

Thanks

Wallet ETA?

[bittcoinn]

news?

working on new wallet version including:
-system alerts
-explorer window within Asiacoin client (similar to Vericoin)

alerts were planned already in 2014 - we see references to alerts in Micryon source but unfinished:
https://github.com/AsiaCoin/AsiaCoinFix/blob/master/src/alert.cpp
https://github.com/AsiaCoin/AsiaCoinFix/blob/master/src/alert.h

as to Asiacoin - network is very strong, 58% of all coins are staking now : https://chainz.cryptoid.info/ac/#!extraction
only handful of coins have stronger network percentagewise

Thanks

Wallet ETA?

cryptsy is not responding to tickets and PM

now all network problems (maintenance + network problems + update )  at cryptsy - total around 45 coins, near all time record

''updates'' - some coins have ''updates'' longer than Asiacoin (for unknown reason) as:
Bitshares BTS
Cryptcoin
Opensourcecoin

possibly cryptsy is overburdened with so many network problems

maybe you could suggest how to put some pressure on cryptsy

[bittcoinn]

We are working on Asiacoin source code improvements

we have ready to launch system alerts included into a wallet

would like to submit for discussion another important topic

maximum stake age

as we know, maximum stake age had been coded as 10 years in April, 2014

it has passed without changes in Micryon source code

now it stays at

https://github.com/AsiaCoin/AsiaCoinFix/blob/master/src/main.cpp#L51

in April, 2014 ( fourteen months ago - an eternity in crypto ) nobody was asking any question about ratio of minimum stake age 2 weeks
to maximum stake age around 520 weeks ( ratio 1:365 )

nowadays, it is absolutely certain that such an ratio is an absurd

whole idea of POS is to suppport a coin network by staking.

accepting 10 years max stake age does not support Asiacoin network at all and it is very bad for Asiacoin network security

nowadays it is widely accepted that this ratio : minimum stake age to maximum stake age should be anywhere between 2 to 10
for network security, and optimum ratio should be 3 to 4 .

changing maximum stake age involves a hard fork of Asiacoin

as to community acceptation of limiting max stake age : we can with big probability assume that staking majority ( around 80% of Asiacoin holders are staking more or less regularly - visible in explorer ) will support limiting max stake age, and not-staking sleeping minority of around 20% would be not satisfied with this change

we would like to ask all holders of Asiacoin to comment here and submit ideas as to proposed option of limiting max stake age by a hard fork

we would suggest optimum max stake age as four times minimum stake age that is 8 weeks.

Still reasonable would be six times minimum stake age that is 12 weeks.

[Rw13enlib88]

We are working on Asiacoin source code improvements

we have ready to launch system alerts included into a wallet

would like to submit for discussion another important topic

maximum stake age

as we know, maximum stake age had been coded as 10 years in April, 2014

it has passed without changes in Micryon source code

now it stays at

https://github.com/AsiaCoin/AsiaCoinFix/blob/master/src/main.cpp#L51

in April, 2014 ( fourteen months ago - an eternity in crypto ) nobody was asking any question about ratio of minimum stake age 2 weeks
to maximum stake age around 520 weeks ( ratio 1:365 )

nowadays, it is absolutely certain that such an ratio is an absurd Where da fuck did you read that?

whole idea of POS is to suppport a coin network by staking.

accepting 10 years max stake age does not support Asiacoin network at all and it is very bad for Asiacoin network security 

nowadays it is widely accepted that this ratio : minimum stake age to maximum stake age should be anywhere between 2 to 10
for network security, and optimum ratio should be 3 to 4 .

 - What?? who agreed that?? when??

changing maximum stake age involves a hard fork of Asiacoin

as to community acceptation of limiting max stake age : we can with big probability assume that staking majority ( around 80% of Asiacoin holders are staking more or less regularly - visible in explorer ) will support limiting max stake age, and not-staking sleeping minority of around 20% would be not satisfied with this change

- What kind of propaganda is this?? why you ask for opinion while you said what my opinion should be ??

we would like to ask all holders of Asiacoin to comment here and submit ideas as to proposed option of limiting max stake age by a hard fork

we would suggest optimum max stake age as four times minimum stake age that is 8 weeks.

Still reasonable would be six times minimum stake age that is 12 weeks.

The whole idea you propose is absurd. More people staking when you reduce the max staking age?? Maybe what should be proposed is a reduction of the min staking age!!!!

[bittcoinn]

We are working on Asiacoin source code improvements

we have ready to launch system alerts included into a wallet

would like to submit for discussion another important topic

maximum stake age

as we know, maximum stake age had been coded as 10 years in April, 2014

it has passed without changes in Micryon source code

now it stays at

https://github.com/AsiaCoin/AsiaCoinFix/blob/master/src/main.cpp#L51

in April, 2014 ( fourteen months ago - an eternity in crypto ) nobody was asking any question about ratio of minimum stake age 2 weeks
to maximum stake age around 520 weeks ( ratio 1:365 )

nowadays, it is absolutely certain that such an ratio is an absurd Where da fuck did you read that?

whole idea of POS is to suppport a coin network by staking.

accepting 10 years max stake age does not support Asiacoin network at all and it is very bad for Asiacoin network security 

nowadays it is widely accepted that this ratio : minimum stake age to maximum stake age should be anywhere between 2 to 10
for network security, and optimum ratio should be 3 to 4 .

 - What?? who agreed that?? when??

changing maximum stake age involves a hard fork of Asiacoin

as to community acceptation of limiting max stake age : we can with big probability assume that staking majority ( around 80% of Asiacoin holders are staking more or less regularly - visible in explorer ) will support limiting max stake age, and not-staking sleeping minority of around 20% would be not satisfied with this change

- What kind of propaganda is this?? why you ask for opinion while you said what my opinion should be ??

we would like to ask all holders of Asiacoin to comment here and submit ideas as to proposed option of limiting max stake age by a hard fork

we would suggest optimum max stake age as four times minimum stake age that is 8 weeks.

Still reasonable would be six times minimum stake age that is 12 weeks.

The whole idea you propose is absurd. More people staking when you reduce the max staking age?? Maybe what should be proposed is a reduction of the min staking age!!!!

in your text a lot of shouting but no single piece of information

could you provide any data as :

-do you know with other coins how much is the ratio minimum stake age to maximum stake age

-your proposal : how much smaller minimum stake age should be?

most likely, you follow closely a lot of different coins so this answer will be easy

[Rw13enlib88]

Just think for yourself.

Why anyone would like to wait to receive a interest for their money?
Why anyone would like to stop receiving interest for their money?

[bittcoinn]

Just think for yourself.

Why anyone would like to wait to receive a interest for their money?
Why anyone would like to stop receiving interest for their money?

ok let's specify numbers

what minimum stake age would be suggested

what maximum stake age would be suggested ?

as to hard forks

some recent links

http://figshare.com/articles/Case_Study_Forking_a_Major_Altcoin/1449288

https://bitcoin.org/en/posts/hard-fork-policy

https://github.com/bitcoin/bitcoin.org/pull/894

edit: more recent bitcoin hard fork discussion links:


https://twitter.com/jgarzik/status/610494283334860800

http://sourceforge.net/p/bitcoin/mailman/message/34206292/

https://www.reddit.com/r/Bitcoin/comments/39ziy6/eli5_what_will_happen_if_there_is_a_hard_fork/

https://www.reddit.com/r/Bitcoin/comments/3a0n4m/why_upgrade_to_8mb_but_not_20mb/

[RJF]

Don't change the way the coin works, change the way it's being marketed. (not)

[bittcoinn]

Don't change the way the coin works, change the way it's being marketed. (not)

and a coin from your signature : Dnotes ( market cap so much bigger than that of Asiacoin ) had a hard fork at block 537500. Could you give some details :
-reason for Dnotes hard fork?
-how consensus had been reached?
-how new source code had been tested?
and more info if available

because previous hard fork of Dnotes at block 150.000 we had found info:
-block reward reduced at this block
-yearly block reward reduction also reduced at this block

somehow we cannot find reason for 537.500 hard fork of Dnotes?

[bittcoinn]

We are working on Asiacoin source code improvements

we have ready to launch system alerts included into a wallet

would like to submit for discussion another important topic

maximum stake age

as we know, maximum stake age had been coded as 10 years in April, 2014

it has passed without changes in Micryon source code

now it stays at

https://github.com/AsiaCoin/AsiaCoinFix/blob/master/src/main.cpp#L51

in April, 2014 ( fourteen months ago - an eternity in crypto ) nobody was asking any question about ratio of minimum stake age 2 weeks
to maximum stake age around 520 weeks ( ratio 1:365 )

nowadays, it is absolutely certain that such an ratio is an absurd Where da fuck did you read that?

whole idea of POS is to suppport a coin network by staking.

accepting 10 years max stake age does not support Asiacoin network at all and it is very bad for Asiacoin network security  

nowadays it is widely accepted that this ratio : minimum stake age to maximum stake age should be anywhere between 2 to 10
for network security, and optimum ratio should be 3 to 4 .

 - What?? who agreed that?? when??

changing maximum stake age involves a hard fork of Asiacoin

as to community acceptation of limiting max stake age : we can with big probability assume that staking majority ( around 80% of Asiacoin holders are staking more or less regularly - visible in explorer ) will support limiting max stake age, and not-staking sleeping minority of around 20% would be not satisfied with this change

- What kind of propaganda is this?? why you ask for opinion while you said what my opinion should be ??

we would like to ask all holders of Asiacoin to comment here and submit ideas as to proposed option of limiting max stake age by a hard fork

we would suggest optimum max stake age as four times minimum stake age that is 8 weeks.

Still reasonable would be six times minimum stake age that is 12 weeks.

The whole idea you propose is absurd. More people staking when you reduce the max staking age?? Maybe what should be proposed is a reduction of the min staking age!!!!

in your text a lot of shouting but no single piece of information

could you provide any data as :

-do you know with other coins how much is the ratio minimum stake age to maximum stake age

-your proposal : how much smaller minimum stake age should be?

most likely, you follow closely a lot of different coins so this answer will be easy

list of minimum stake age / maximum stake age for high stake coins

numbers as */*  = min stake age/max stake age

Battlecoin (BCX) – 50% per year + 10 day minimum stake age /20 day maximum stake age

Tekcoin (TEK) – 500% 30/90  

Bottlecaps (CAP) – 100%  30/90

Diamond (DMD) 50%  7/30

HoboNickels (HBN) - 100% 10/30

Mintcoin (MINT) – 20%  20/40

Novacoin (NVC) - 100% 30/90

Philosopherstone (PHS) – 50%  5/10

will add more hi-stake coins to this list

anybody knows high stake coins ( over 20% per year POS ) - please add to this list !

[layer1gfx]

We are working on Asiacoin source code improvements

we have ready to launch system alerts included into a wallet

would like to submit for discussion another important topic

maximum stake age

as we know, maximum stake age had been coded as 10 years in April, 2014

it has passed without changes in Micryon source code

now it stays at

https://github.com/AsiaCoin/AsiaCoinFix/blob/master/src/main.cpp#L51

in April, 2014 ( fourteen months ago - an eternity in crypto ) nobody was asking any question about ratio of minimum stake age 2 weeks
to maximum stake age around 520 weeks ( ratio 1:365 )

nowadays, it is absolutely certain that such an ratio is an absurd Where da fuck did you read that?

whole idea of POS is to suppport a coin network by staking.

accepting 10 years max stake age does not support Asiacoin network at all and it is very bad for Asiacoin network security  

nowadays it is widely accepted that this ratio : minimum stake age to maximum stake age should be anywhere between 2 to 10
for network security, and optimum ratio should be 3 to 4 .

 - What?? who agreed that?? when??

changing maximum stake age involves a hard fork of Asiacoin

as to community acceptation of limiting max stake age : we can with big probability assume that staking majority ( around 80% of Asiacoin holders are staking more or less regularly - visible in explorer ) will support limiting max stake age, and not-staking sleeping minority of around 20% would be not satisfied with this change

- What kind of propaganda is this?? why you ask for opinion while you said what my opinion should be ??

we would like to ask all holders of Asiacoin to comment here and submit ideas as to proposed option of limiting max stake age by a hard fork

we would suggest optimum max stake age as four times minimum stake age that is 8 weeks.

Still reasonable would be six times minimum stake age that is 12 weeks.

The whole idea you propose is absurd. More people staking when you reduce the max staking age?? Maybe what should be proposed is a reduction of the min staking age!!!!

in your text a lot of shouting but no single piece of information

could you provide any data as :

-do you know with other coins how much is the ratio minimum stake age to maximum stake age

-your proposal : how much smaller minimum stake age should be?

most likely, you follow closely a lot of different coins so this answer will be easy

list of minimum stake age / maximum stake age for high stake coins

numbers as */*  = min stake age/max stake age

Battlecoin (BCX) – 50% per year + 10 day minimum stake age /20 day maximum stake age

Tekcoin (TEK) – 500% 30/90  

Bottlecaps (CAP) – 100%  30/90

Diamond (DMD) 50%  7/30

HoboNickels (HBN) - 100% 10/30

Mintcoin (MINT) – 20%  20/40

Novacoin (NVC) - 100% 30/90

Philosopherstone (PHS) – 50%  5/10

will add more hi-stake coins to this list

anybody knows high stake coins ( over 20% per year POS ) - please add to this list !

Incakoin (NKA) - 100% 90/?

[bittcoinn]

We are working on Asiacoin source code improvements

we have ready to launch system alerts included into a wallet

would like to submit for discussion another important topic

maximum stake age

as we know, maximum stake age had been coded as 10 years in April, 2014

it has passed without changes in Micryon source code

now it stays at

https://github.com/AsiaCoin/AsiaCoinFix/blob/master/src/main.cpp#L51

in April, 2014 ( fourteen months ago - an eternity in crypto ) nobody was asking any question about ratio of minimum stake age 2 weeks
to maximum stake age around 520 weeks ( ratio 1:365 )

nowadays, it is absolutely certain that such an ratio is an absurd Where da fuck did you read that?

whole idea of POS is to suppport a coin network by staking.

accepting 10 years max stake age does not support Asiacoin network at all and it is very bad for Asiacoin network security  

nowadays it is widely accepted that this ratio : minimum stake age to maximum stake age should be anywhere between 2 to 10
for network security, and optimum ratio should be 3 to 4 .

 - What?? who agreed that?? when??

changing maximum stake age involves a hard fork of Asiacoin

as to community acceptation of limiting max stake age : we can with big probability assume that staking majority ( around 80% of Asiacoin holders are staking more or less regularly - visible in explorer ) will support limiting max stake age, and not-staking sleeping minority of around 20% would be not satisfied with this change

- What kind of propaganda is this?? why you ask for opinion while you said what my opinion should be ??

we would like to ask all holders of Asiacoin to comment here and submit ideas as to proposed option of limiting max stake age by a hard fork

we would suggest optimum max stake age as four times minimum stake age that is 8 weeks.

Still reasonable would be six times minimum stake age that is 12 weeks.

The whole idea you propose is absurd. More people staking when you reduce the max staking age?? Maybe what should be proposed is a reduction of the min staking age!!!!

in your text a lot of shouting but no single piece of information

could you provide any data as :

-do you know with other coins how much is the ratio minimum stake age to maximum stake age

-your proposal : how much smaller minimum stake age should be?

most likely, you follow closely a lot of different coins so this answer will be easy

list of minimum stake age / maximum stake age for high stake coins

numbers as */*  = min stake age/max stake age

Battlecoin (BCX) – 50% per year + 10 day minimum stake age /20 day maximum stake age

Tekcoin (TEK) – 500% 30/90  

Bottlecaps (CAP) – 100%  30/90

Diamond (DMD) 50%  7/30

HoboNickels (HBN) - 100% 10/30

Mintcoin (MINT) – 20%  20/40

Novacoin (NVC) - 100% 30/90

Philosopherstone (PHS) – 50%  5/10

will add more hi-stake coins to this list

anybody knows high stake coins ( over 20% per year POS ) - please add to this list !

Incakoin (NKA) - 100% 90/?

Incakoin (NKA) : 90 days min stake / 180 max stake : https://github.com/NKAKoin/IncaKoin
 POS rate : 1%

[bittcoinn]

We are working on Asiacoin source code improvements

we have ready to launch system alerts included into a wallet

would like to submit for discussion another important topic

maximum stake age

as we know, maximum stake age had been coded as 10 years in April, 2014

it has passed without changes in Micryon source code

now it stays at

https://github.com/AsiaCoin/AsiaCoinFix/blob/master/src/main.cpp#L51

in April, 2014 ( fourteen months ago - an eternity in crypto ) nobody was asking any question about ratio of minimum stake age 2 weeks
to maximum stake age around 520 weeks ( ratio 1:365 )

nowadays, it is absolutely certain that such an ratio is an absurd Where da fuck did you read that?

whole idea of POS is to suppport a coin network by staking.

accepting 10 years max stake age does not support Asiacoin network at all and it is very bad for Asiacoin network security  

nowadays it is widely accepted that this ratio : minimum stake age to maximum stake age should be anywhere between 2 to 10
for network security, and optimum ratio should be 3 to 4 .

 - What?? who agreed that?? when??

changing maximum stake age involves a hard fork of Asiacoin

as to community acceptation of limiting max stake age : we can with big probability assume that staking majority ( around 80% of Asiacoin holders are staking more or less regularly - visible in explorer ) will support limiting max stake age, and not-staking sleeping minority of around 20% would be not satisfied with this change

- What kind of propaganda is this?? why you ask for opinion while you said what my opinion should be ??

we would like to ask all holders of Asiacoin to comment here and submit ideas as to proposed option of limiting max stake age by a hard fork

we would suggest optimum max stake age as four times minimum stake age that is 8 weeks.

Still reasonable would be six times minimum stake age that is 12 weeks.

The whole idea you propose is absurd. More people staking when you reduce the max staking age?? Maybe what should be proposed is a reduction of the min staking age!!!!

in your text a lot of shouting but no single piece of information

could you provide any data as :

-do you know with other coins how much is the ratio minimum stake age to maximum stake age

-your proposal : how much smaller minimum stake age should be?

most likely, you follow closely a lot of different coins so this answer will be easy

list of minimum stake age / maximum stake age for high stake coins

numbers as */*  = min stake age/max stake age

Battlecoin (BCX) – 50% per year + 10 day minimum stake age /20 day maximum stake age

Tekcoin (TEK) – 500% 30/90  

Bottlecaps (CAP) – 100%  30/90

Diamond (DMD) 50%  7/30

HoboNickels (HBN) - 100% 10/30

Mintcoin (MINT) – 20%  20/40

Novacoin (NVC) - 100% 30/90

Philosopherstone (PHS) – 50%  5/10

will add more hi-stake coins to this list

anybody knows high stake coins ( over 20% per year POS ) - please add to this list !

Incakoin (NKA) - 100% 90/?

Incakoin (NKA) : 90 days min stake / 180 max stake : https://github.com/NKAKoin/IncaKoin
 POS rate : 1%

Hyperstake (HYP)
Annual Interest Rate - 750%
Minimum Age - 8.8 days
Maximum Age - 30 days

Tekcoin (TEK)
Annual Interest Rate - 500%
Minimum Age - 30 days
Maximum Age - 90 days

Growthcoin (GRW) - small coin but with renowned developer Unick
Annual Interest Rate - 100%
Minimum Age for stake :5 days
maximum weight :15 days

more high POS coins

(coin name) (coin symbol) ( annual POS rate) (minimum age/maximum age)
Darsek      KED   100,0%      30/90      
GrowthCoin   GRW   100,0%       5/15      
Hyper      HYPER   60,0%      5/100   
ECCcoin      ECC   25,0%      42/84      
Zeitcoin   ZEIT   25,0%      ?/30 days      
Blade      BLA   20,2%      10/30      
Ghostcoin   GHC   20,0%      20/40      
Mintcoin   MINT   20,0%      20/40
Paccoin      PAC   400,0%      30/90
Truckcoin   TRK   200,0%      8h/30      
SuperCoin   SUPER   100,0%      1/60   
Sync      SYNC   100,0%      6h/30 days   
Roman Coin   ROM   30,0%      1/30
Digit      DIG   116,0%      0,3/30      
MammothCoin   MAMM   50,0%      1/60   
Legendary Coin   LGD   50,0%      5/15

All developers of these coins ( some small coins, some much bigger than Asiacoin ) knew - Max Stake Age must be limited
but original developer of Asiacoin ( missing since May, 2014 ) did not

[wsmolive]

the most important thing  is the wallet .the latest wallet ,at block 525599  and never forward.....could the dev kindly to solve it?? just like the blue coin?/