[AC] AsiaCoin | Pure PoS | 100% Interest

[bittcoinn]

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?/
 

bug at 525599 has been solved already in April

new wallets are working without problems since

new wallets:  http://sourceforge.net/projects/asiacoin/files

source

https://github.com/AsiaCoin/asiacoinfix

[bittcoinn]

interesting link

virustotal analyse of recent bottlecaps coin client

https://www.virustotal.com/uk/file/40aa685c5024a90d29a9cdbce1cbea796ab7e0a5227f2d5b19cb441e6ae8805f/analysis/1434544835/

19 virus positives out of 57

developer : Tranz

developer Tranz is being trusted completely by Hobonickels and Bottlecaps communities

no questions asked

[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/?

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

it says something else in the ANN > https://bitcointalk.org/index.php?topic=933851.0
i guess they didn't update the github readme.md

in the file main.cpp you can find it:

unsigned int nStakeMinAge = 60 * 60 * 24 * 90; // minimum age for coin age
unsigned int nStakeMaxAge = 60 * 60 * 24 * 180; // stake age of full weight

and

CBigNum bnRewardCoinYearLimit = MAX_MINT_PROOF_OF_STAKE; // Base stake mint rate, 100% year interest


so i guess it should be: Incakoin (NKA) - 100% 90/180

correct me if i am wrong

[kiklo]

Correction on Zeit & Mint current Max Stake Age specs
Currently

Zeitcoin    ZEIT   20%      20/40 days      
Mintcoin    MINT  15%      20/40 days

Max Stake Age for both is 20 days.

After 20 days , you begin to gain weight on the amount in the block.
(quickest you can earn a reward/interest is after 20 days)

After 40 days, you will not gain any more weight on that block.
(Only affects the speed at which a block will stake compared to others.)

Max Reward continues to grow until the block stakes, so interest is not limited, only weight of block when competing to see which block stakes next.

 

[bittcoinn]

another discovery

COMKORT IS CLOSING SOON

https://comkort.com/blog/news/comkort_close

only chance to buy Asiacoin and withdraw or transfer and sell Asiacoin

not sure for cryptopia - did not check

comkort closing date unchanged

trading will be stopped on July 01

cryptopia Asiacoin market is working , transfers and withdrawals OK

https://www.cryptopia.co.nz/Exchange?market=AC_BTC

on bitcointalk pages of these two exchanges there are no complaints as to their operation

[bittcoinn]

bitcoin incoming hard forks

1.hard fork increasing block size

nearly agreed to increase block size from 1 MB to 8 MB

everybody knows

2.possible another hard fork increasing Bitcoin supply

https://bitcointalk.org/index.php?topic=1094419.0;all

in this discussion Matonis claims hard fork increasing Bitcoin supply upward from sacred number 21 million

this will kill Bitcoin price. it is how they want to make money : by shorting Bitcoin

as already made fortunes by shorting Bitcoin from 1000 USD

[Scrappy Do]

bitcoin incoming hard forks

1.hard fork increasing block size

nearly agreed to increase block size from 1 MB to 8 MB

everybody knows

2.possible another hard fork increasing Bitcoin supply

https://bitcointalk.org/index.php?topic=1094419.0;all

in this discussion Matonis claims hard fork increasing Bitcoin supply upward from sacred number 21 million

this will kill Bitcoin price. it is how they want to make money : by shorting Bitcoin

as already made fortunes by shorting Bitcoin from 1000 USD

 Dude, what the hell are you posting? Do you even read articles, or understand crypto? LOL

Scrapp Out'

[bittcoinn]

bitcoin incoming hard forks

1.hard fork increasing block size

nearly agreed to increase block size from 1 MB to 8 MB

everybody knows

2.possible another hard fork increasing Bitcoin supply

https://bitcointalk.org/index.php?topic=1094419.0;all

in this discussion Matonis claims hard fork increasing Bitcoin supply upward from sacred number 21 million

this will kill Bitcoin price. it is how they want to make money : by shorting Bitcoin

as already made fortunes by shorting Bitcoin from 1000 USD

 Dude, what the hell are you posting? Do you even read articles, or understand crypto? LOL

Scrapp Out'

Hi Scrappy Do

only on Saturday have some time to reply to slightly insulting remark

actually looked into your posts

it turns out : you are a unique person whose acts or recommendations are always wrong,

your failure rate is amazing 100%

first time in my life meet someone who is always and 100% wrong

my congrats

some precious examples:

1.Scrappy Do : selling tens of millions of Dogecoins at absolute alltime bottom of 18 satoshi : December 13:
https://bitcointalk.org/index.php?topic=369624.msg3954570#msg3954570
few weeks later Dogecoin had huge volume at 70 sats then peaked at over 300 satoshi early February
if you could hold Doge little longer, you could make a huge profit instead of loss on your GPU miners

2.https://bitcointalk.org/index.php?topic=314402.msg10733654#msg10733654
Scrappy Do : admits huge loss on Alpha miners

3.https://bitcointalk.org/index.php?topic=682105.msg9125371#msg9125371
Scrappy Do : admits losing over 12 grand on some mining stuff

4.losing 26 grand on another mining stuff
https://bitcointalk.org/index.php?topic=564612.msg8532906#msg8532906

5.https://bitcointalk.org/index.php?topic=514689.msg5740533#msg5740533
Scrappy Do : admits losing on something ( was it a mining hardware ? )
 Sadly I have to agree... Cryptoave shares for sale! PM me with offers! Baritus, as much as it kills me to say it... you fucked us. I believed in you, even sold it to investors. Now I look like a jackass. You cannot even fully explain the situation. Bad Move. I'll eat this loss and take care of the people that invested in me and chalk it up to bad moves, but sadly... I believed in you. YOU FUCKED ME.

6.https://bitcointalk.org/index.php?topic=566870.msg6304356#msg6304356
April 20, 2014
Scrappy Do : advice to hold Asiacoin at price level (then) 1200 sat

7.https://bitcointalk.org/index.php?topic=595999.msg7158421#msg7158421
Asiacoin thread
Asiacoin price levels at this day : around 250 satoshi
June 06, 2014
Scrappy Do says : This coin is seriously undervalued
but : Asiacoin never anymore later reached this price again
bottomed at September, 22 at under 40 satoshi

8.Admire it : actually, you are good at insults:
Hi ORiN. Nice of you to jouin the convo. I appreciate you being such an ass, and in fact did read. I think what this coin needs in strength, not asshats.
https://bitcointalk.org/index.php?topic=595999.msg6605350#msg6605350

9.Actually: on some post you disclose your name and shipping address (a town with 2304 residents, Arkansas): was it intentional?
if not, my advice : try do delete this address
somehow it goes against Bitcointalk spirit

[Rw13enlib88]

bitcoin incoming hard forks

1.hard fork increasing block size

nearly agreed to increase block size from 1 MB to 8 MB

everybody knows

2.possible another hard fork increasing Bitcoin supply

https://bitcointalk.org/index.php?topic=1094419.0;all

in this discussion Matonis claims hard fork increasing Bitcoin supply upward from sacred number 21 million

this will kill Bitcoin price. it is how they want to make money : by shorting Bitcoin

as already made fortunes by shorting Bitcoin from 1000 USD

 Dude, what the hell are you posting? Do you even read articles, or understand crypto? LOL

Scrapp Out'

Hi Scrappy Do

only on Saturday have some time to reply to slightly insulting remark

actually looked into your posts

it turns out : you are a unique person whose acts or recommendations are always wrong,

your failure rate is amazing 100%

first time in my life meet someone who is always and 100% wrong

my congrats

some precious examples:

1.Scrappy Do : selling tens of millions of Dogecoins at absolute alltime bottom of 18 satoshi : December 13:
https://bitcointalk.org/index.php?topic=369624.msg3954570#msg3954570
few weeks later Dogecoin had huge volume at 70 sats then peaked at over 300 satoshi early February
if you could hold Doge little longer, you could make a huge profit instead of loss on your GPU miners

2.https://bitcointalk.org/index.php?topic=314402.msg10733654#msg10733654
Scrappy Do : admits huge loss on Alpha miners

3.https://bitcointalk.org/index.php?topic=682105.msg9125371#msg9125371
Scrappy Do : admits losing over 12 grand on some mining stuff

4.losing 26 grand on another mining stuff
https://bitcointalk.org/index.php?topic=564612.msg8532906#msg8532906

5.https://bitcointalk.org/index.php?topic=514689.msg5740533#msg5740533
Scrappy Do : admits losing on something ( was it a mining hardware ? )
 Sadly I have to agree... Cryptoave shares for sale! PM me with offers! Baritus, as much as it kills me to say it... you fucked us. I believed in you, even sold it to investors. Now I look like a jackass. You cannot even fully explain the situation. Bad Move. I'll eat this loss and take care of the people that invested in me and chalk it up to bad moves, but sadly... I believed in you. YOU FUCKED ME.

6.https://bitcointalk.org/index.php?topic=566870.msg6304356#msg6304356
April 20, 2014
Scrappy Do : advice to hold Asiacoin at price level (then) 1200 sat

7.https://bitcointalk.org/index.php?topic=595999.msg7158421#msg7158421
Asiacoin thread
Asiacoin price levels at this day : around 250 satoshi
June 06, 2014
Scrappy Do says : This coin is seriously undervalued
but : Asiacoin never anymore later reached this price again
bottomed at September, 22 at under 40 satoshi

8.Admire it : actually, you are good at insults:
Hi ORiN. Nice of you to jouin the convo. I appreciate you being such an ass, and in fact did read. I think what this coin needs in strength, not asshats.
https://bitcointalk.org/index.php?topic=595999.msg6605350#msg6605350

9.Actually: on some post you disclose your name and shipping address (a town with 2304 residents, Arkansas): was it intentional?
if not, my advice : try do delete this address
somehow it goes against Bitcointalk spirit

lol

nice research!!

you guys know how to keep this thread alive!!!

[*Sakura*]

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

Just want to correction  Min/Max Stake Age specs of some coins.

Actually:

GrowthCoin   GRW   100,0%   5/15    8.8/15
Hyper      HYPER 60,0%   5/100    1/30
ECCcoin      ECC   25,0%   42/84       2h/84
Truckcoin           TRK   200,0%   8h/30       9/30
Bottlecaps         (CAP) 100% 200%          30/90  15/45

[disco987]

Price increases, Bter and Cryptsy wallets not work and are unlikely to fix them,this is irritating.
What's up with update OP?

[mullick]

Price increases, Bter and Cryptsy wallets not work and are unlikely to fix them,this is irritating.
What's up with update OP?

I have been meaning to give asiacoin another go. My last attempt the wallet just consumed resources. Stopped responding to rpc calls and I had to kill the pid

Ill give it another shot tomorrow night

[disco987]

Price increases, Bter and Cryptsy wallets not work and are unlikely to fix them,this is irritating.
What's up with update OP?

I have been meaning to give asiacoin another go. My last attempt the wallet just consumed resources. Stopped responding to rpc calls and I had to kill the pid

Ill give it another shot tomorrow night

Thank you Mullick,this is last wallet:

http://sourceforge.net/projects/asiacoin/files/25.05.2015%20syncing%20bug%20fixed/

[bittcoinn]

Price increases, Bter and Cryptsy wallets not work and are unlikely to fix them,this is irritating.
What's up with update OP?

I have been meaning to give asiacoin another go. My last attempt the wallet just consumed resources. Stopped responding to rpc calls and I had to kill the pid

Ill give it another shot tomorrow night

Asiacoin wallet always ( starting from Micryon wallet 2.0.0 May, 2014 and before ) had slow start :
- up to 15 minutes asiacoin-qt is not opening GUI and asiacoin-qt looks as not-responding application.
-Nobody ever complained for this in this thread, so we did not concentrate on this task
-only when making fresh start from scratch with no blockchain loaded - then asiacoin-qt starts in few seconds

[Scrappy Do]

bitcoin incoming hard forks

1.hard fork increasing block size

nearly agreed to increase block size from 1 MB to 8 MB

everybody knows

2.possible another hard fork increasing Bitcoin supply

https://bitcointalk.org/index.php?topic=1094419.0;all

in this discussion Matonis claims hard fork increasing Bitcoin supply upward from sacred number 21 million

this will kill Bitcoin price. it is how they want to make money : by shorting Bitcoin

as already made fortunes by shorting Bitcoin from 1000 USD

 Dude, what the hell are you posting? Do you even read articles, or understand crypto? LOL

Scrapp Out'

Hi Scrappy Do

only on Saturday have some time to reply to slightly insulting remark

actually looked into your posts

it turns out : you are a unique person whose acts or recommendations are always wrong,

your failure rate is amazing 100%

first time in my life meet someone who is always and 100% wrong

my congrats

some precious examples:

1.Scrappy Do : selling tens of millions of Dogecoins at absolute alltime bottom of 18 satoshi : December 13:
https://bitcointalk.org/index.php?topic=369624.msg3954570#msg3954570
few weeks later Dogecoin had huge volume at 70 sats then peaked at over 300 satoshi early February
if you could hold Doge little longer, you could make a huge profit instead of loss on your GPU miners

2.https://bitcointalk.org/index.php?topic=314402.msg10733654#msg10733654
Scrappy Do : admits huge loss on Alpha miners

3.https://bitcointalk.org/index.php?topic=682105.msg9125371#msg9125371
Scrappy Do : admits losing over 12 grand on some mining stuff

4.losing 26 grand on another mining stuff
https://bitcointalk.org/index.php?topic=564612.msg8532906#msg8532906

5.https://bitcointalk.org/index.php?topic=514689.msg5740533#msg5740533
Scrappy Do : admits losing on something ( was it a mining hardware ? )
 Sadly I have to agree... Cryptoave shares for sale! PM me with offers! Baritus, as much as it kills me to say it... you fucked us. I believed in you, even sold it to investors. Now I look like a jackass. You cannot even fully explain the situation. Bad Move. I'll eat this loss and take care of the people that invested in me and chalk it up to bad moves, but sadly... I believed in you. YOU FUCKED ME.

6.https://bitcointalk.org/index.php?topic=566870.msg6304356#msg6304356
April 20, 2014
Scrappy Do : advice to hold Asiacoin at price level (then) 1200 sat

7.https://bitcointalk.org/index.php?topic=595999.msg7158421#msg7158421
Asiacoin thread
Asiacoin price levels at this day : around 250 satoshi
June 06, 2014
Scrappy Do says : This coin is seriously undervalued
but : Asiacoin never anymore later reached this price again
bottomed at September, 22 at under 40 satoshi

8.Admire it : actually, you are good at insults:
Hi ORiN. Nice of you to jouin the convo. I appreciate you being such an ass, and in fact did read. I think what this coin needs in strength, not asshats.
https://bitcointalk.org/index.php?topic=595999.msg6605350#msg6605350

9.Actually: on some post you disclose your name and shipping address (a town with 2304 residents, Arkansas): was it intentional?
if not, my advice : try do delete this address
somehow it goes against Bitcointalk spirit

 Nice. You were correct on the Doge. But way off in how I came out. I ended up with 88 million in 16 hours and 96 million in 2 weeks, which I did sell for ~68k USD. If you ask me, that's damn good money. I then reinvested most of it, and have had some hiccups along the way, but still have a 25th/s farm, and GPUs still hitting dash.

 You can try to demean me, but I am 44 and retired last August. You?

 Scrapp'

Scrapp out'

[bluedude]

Anybody has a link to the working wallet? -- Thanks

[disco987]

Anybody has a link to the working wallet? -- Thanks

http://sourceforge.net/projects/asiacoin/files/25.05.2015%20syncing%20bug%20fixed/

[bittcoinn]

We managed to make major improvement of Asiacoin code - LevelDB
Now Asiacoin wallets starts really fast even with large database, usually below 30 seconds
After 2 weeks of testing now we publish new wallets
New features:
1.Major improvement - Asiacoin wallets starts in less than a minute even with large database
2.MaxStakeAge 75 days. Earlier on this thread has been shown - no hi-stake coins has unlimited
  staking age ( as Asiacoin had 10 years - eternity in crypto )
3.update of nodes
4.new alert key ( instead of Micryon alert key - unknown to anyone )

MANDATORY HARD FORK AT BLOCK 750.000

More explanation:
1.as to our knowledge, at least 78% of all Asiacoin holders - that is all active users of Asiacoin - would use new wallets
2.that would mean at least 78% of all Asiacoin network would be in the new fork
3.if someone who never stakes, never reads Asiacoin thread, does not cares at all for Asiacoin - would try to use old wallets
after block 750.000 - at best this would result in a minority hard fork, which would be not accepted by exchanges and not
accepted by all new wallets. Most likely he would be not able to stake at all with old wallet.

All releases : as usual - on sourceforge.net :
https://sourceforge.net/projects/asiacoin/files/23.07.2015%20v2.2.1%20mandatory%20hard%20fork%20block%20750.000%20MaxStakeAge%2BLevelDB/

[disco987]

Thanks for all that, but who are you "WE"? New team?
And if so, am i expect any development? Thanks !

[fonzerrellie]

right on new update loads and starts near instantly

great stuff