[AC] AsiaCoin | Pure PoS | 100% Interest

[nfox]

I've supported WC when it was down , doing the same with AC, and this project after revival will be a huge success attracting the entire community, "what doesn't kill you makes you stronger"..  from my point of view.

[trdiablo]

Awesome, I like this idea, what a great community.

+1 for AC

I know there are a lot of moving parts for a project like this but if you can give any ETA for when it is done on the first page I think it would be great.

[seattletu]

Very impressive  AC community. Its good to see whitecoin survive and now you guys will likely survive too. The crypto world as a whole is pretty awesome.

[ORiN]

Very impressive  AC community. Its good to see whitecoin survive and now you guys will likely survive too. The crypto world as a whole is pretty awesome.

To top it off, the new team is spearheaded by several Asians. Time for us to take things into our own hands.

[ozrep]

@micryon

any donation-address? I'd like to send some satoshi to support you and the community.

Working on getting one setup.. sorry been coding most of the day.

Donation accounts aren't safe on personal wallets.. so going to put it on blockchain.info wallet.

I agree. That's perfect

Okay BTC Donation wallet address setup, addr is : 1FjfP4pRgsjYPQUX5Uep9HMfFw6stsE9G3

Note: do not donate until Maestro has updated OP with instructions.  Just put the address out there so you know it came from me.

I added the address to my contacts in my Electrum wallet. So I wait for Maestro. Sadly i'm investing a lot in GUN but I can start with a small donation of 0.1 bitcoin. Hopefully I will donate more and maybe others will follow me instead of buying cheap asiacoins just to dump them the day after your relaunch.

[sorryguys]

I've supported WC when it was down , doing the same with AC, and this project after revival will be a huge success attracting the entire community, "what doesn't kill you makes you stronger"..  from my point of view.

I can't agree more . I will continue supporting AC as well.
I do believe it will take me with good profit.

[cryptoba]

 As it seems, some want to keep the interest rates like they were, and others, put them back down to classical interest rates, we could simply decide to cut them in 2.

1st year 50% instead of 100%
2nd year 25% ....
3rd year and+ 2,5% .....
Just an idea.

Thank you Micryon and Maestro1, and everybody else for the great job !

Best wishes

[1354872623]

new asia? another mistake

[CryptoSteam]

Just updated the list at CryptoSteam.com.

Please PM me if you want to be added to the list.

Will be back in a few hours to add more people.

[zmija]

I think IRC channel sould be added also

[ORiN]

new asia? another mistake

It's not new. We are just a new team that came together to fix the source code and disable the premine.

[Stinky_Pete]

Dear Community

Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?

Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.

So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number ).

My vote is for just fixing the premine - everything else should stay as it was in the original.

[Historical]

new asia? another mistake

It's not new. We are just a new team that came together to fix the source code and disable the premine.

+1

[tokyoghetto]

The interest rate must remain as close to 100% as possible for the first year. People need to stop suggesting anything lower. The point of reviving the coin is to be as close to the original specs as possible.

But dont u think a 50% interest is too much :/ 190,000x1.5 = close to 280,000. A 1% interest coin would sustain itself better with less money being generated.

Its not when you consider the volatile nature of altcoins. Don't compare altcoins to traditional fiat currencies. Its early in the game 100% is not too much. Read my hobonickels journal to see high interest in action.

[tokyoghetto]

Dear Community

Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?

Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.

So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number ).

I think stake something like 15% on year would be good. And that stake time 2 week is too long how about 12hours or so.

keep the original specs. 100%. Where did you get 15% anyways? and changing the stake time to 12 hours? Why is everyone trying to lower the interest on Asiacoin. there are plenty of other coins that offer low PoS interest.

Keep Asiacoin as close to 100% as possible for the first year.

[rudius]

Hi,

I got rid of all my AC when i felt that something was off.

I m now looking to buy AC coins. Is the actual blockchain safe for transactions? ( at what height will it happen? )

Ps: i m taking offers. PM Me.

[altcoinherald]

Hi,

I got rid of all my AC when i felt that something was off.

I m now looking to buy AC coins. Is the actual blockchain safe for transactions? ( at what height will it happen? )

Ps: i m taking offers. PM Me.

You aren't serious, are you?

[rudius]

Hi,

I got rid of all my AC when i felt that something was off.

I m now looking to buy AC coins. Is the actual blockchain safe for transactions? ( at what height will it happen? )

Ps: i m taking offers. PM Me.

You aren't serious, are you?

I m very serious.

And by the way, i don t like your articles. 

[Obfuscode]

Scam-Revert? Sounds exciting!

[cjp007]

Scam-Revert? Sounds exciting!

Shows how strong the AC coin community was and is. Exciting stuff - waiting anxiously for the patch!