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Author Topic: [AC] AsiaCoin | Pure PoS | 100% Interest  (Read 264528 times)
Collegestudent
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The blockchain is the future


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May 07, 2014, 10:16:26 AM
 #701

Micryon is right in one way because plans take time and what not, but try to do it under a week. And btw, remove ur cheap sell walls, your scaring randomly.
hrt
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May 07, 2014, 10:56:03 AM
Last edit: May 07, 2014, 11:06:22 AM by hrt
 #702

chinese dev = 80% scam chance....maybe more.
Are u senile? This illation equals to senile meditation. I'd never understood why have scam ratio in someone's intentions moved suckers here? Is ur point to warn me that i'm endangered to deal up further with my AC as dev is chinese? Plz lend me hand otherwise, simply buy my AC at 4K isn't ur goal to prevent the more kicking on my lean head by trust the chinese dev? Wtf are ur bullshit destined to? Even if he is injun why do u care of someone's congenital inclination to scam depends of nationality? Well, i'm likely admiring of scam, considering 800K in my bag and looking forward to more and much continuing of scam show  Grin. I like it, tons of money i've already lost prove that, is it clear? Can u GTFO instantly, i wanna barf of listening ppl still discuss what type of scam should i dread whereas fraud peeps around the corner.

  โ  NIMBUSCOIN DEVELOPER   
cassius69
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May 07, 2014, 11:09:34 AM
 #703

amateur hour. they got new wallet source already in the wild. would someone grab a copy lay down some hash and fork this shit before it gets worse?


crunchynut
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May 07, 2014, 11:22:54 AM
 #704


WARNING: DON'T GET PREYED AT BY ASIACOIN BAGHOLDERS

All this "strong community" is looking forward to is to get its scam coin back on the exchanges and dump the coins before it eventually dies.

They'll tell you anything that helps them to get rid of the asiacoin bag they are holding!

Don't fall for their desperate lies! It's the very same scam coin it was 4 days ago.

Use your brain and invest into something that wasn't a scam from the start.


◯ ◯ ◯ ◯

>>>>>> LAUNCHED: RAPECOIN - YOU CAN'T SAY NO TO THIS COIN <<<<<<

◯ ◯ ◯ ◯
micryon
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May 07, 2014, 11:24:38 AM
 #705

amateur hour. they got new wallet source already in the wild. would someone grab a copy lay down some hash and fork this shit before it gets worse?

Lol.. yeah.. someone plz TRY to do that.

Either you haven't read what design and implementation of the patch is.. or it's way over your head.


VTC: Vi5NxyF6FPCCEQDrsDcA34P8pXe1Yck21y
PDR: PP3EQsV3oX9bBkjpsnESguMHz3tfMqHXhy PlanetDollar
BCMann
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May 07, 2014, 11:32:04 AM
 #706


blabla...


Scam coin wasn t our! But we invested... the Revival Coin is our.. and now you tell us to keep hands of... just do it... and let us do!
akann46
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May 07, 2014, 11:36:23 AM
 #707

what will happen to those who bought the pre-mined coins?
Maxikosw
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May 07, 2014, 11:39:48 AM
 #708

what will happen to those who bought the pre-mined coins?

They can keep them because buyer is not cheater.

Specialkey
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May 07, 2014, 11:40:12 AM
 #709

Micryon upload the new wallet for all users

I've already released the wallet to the foundation.

But there will be an official deployment and rollout process.

Perfect. Cant await to install it. Grin

THX.
beachparty
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May 07, 2014, 12:08:13 PM
 #710

You would have to use new chain to erase premine. So pretty much new coin with the name of the failed coin.
yanlei2002
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May 07, 2014, 12:08:53 PM
 #711

good job Cheesy

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cassius69
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May 07, 2014, 12:10:38 PM
 #712

foundation...lol... just like whitecoin..

they must have hired mogonzo the shitcoin consultant.

ya know the definition of foundation right?

foundation = organized group of scammers  Grin

abel1337
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May 07, 2014, 12:13:32 PM
 #713

You would have to use new chain to erase premine. So pretty much new coin with the name of the failed coin.

Have you read anything in this thread?!?!!?

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johntseng
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May 07, 2014, 12:16:38 PM
 #714

You would have to use new chain to erase premine. So pretty much new coin with the name of the failed coin.

Have you read anything in this thread?!?!!?


It is so obviously.  Grin

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abel1337
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May 07, 2014, 12:21:14 PM
 #715

foundation...lol... just like whitecoin..

they must have hired mogonzo the shitcoin consultant.

ya know the definition of foundation right?

foundation = organized group of scammers  Grin

Why are you even here? Have you gained anything? Has this post that you made bettered yourself in any way?

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    CRYPTO WEBNEOBANK    
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cassius69
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May 07, 2014, 12:26:16 PM
 #716

foundation...lol... just like whitecoin..

they must have hired mogonzo the shitcoin consultant.

ya know the definition of foundation right?

foundation = organized group of scammers  Grin

Why are you even here? Have you gained anything? Has this post that you made bettered yourself in any way?

why do you stupid fuckers keep asking this same stupid question. im here for the same reason a lot of people are. for the lolz.

yes i am better because i warned others about losing money to a bunch of scum sucking leaches. that is a public service.


hrt
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May 07, 2014, 12:38:36 PM
 #717

foundation...lol... just like whitecoin..

they must have hired mogonzo the shitcoin consultant.

ya know the definition of foundation right?

foundation = organized group of scammers  Grin

Why are you even here? Have you gained anything? Has this post that you made bettered yourself in any way?

why do you stupid fuckers keep asking this same stupid question. im here for the same reason a lot of people are. for the lolz.

yes i am better because i warned others about losing money to a bunch of scum sucking leaches. that is a public service.


proclivities appreciated  Cheesy Cheesy Cheesy
''warned others about losing money'' listen chode shave ur head and get to the monastery or better convent u'll be wholly lol'd there
fuckin imbecile
 Cheesy Cheesy Cheesy

  โ  NIMBUSCOIN DEVELOPER   
ORiN
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May 07, 2014, 12:53:27 PM
 #718


WARNING: DON'T GET PREYED AT BY ASIACOIN BAGHOLDERS

All this "strong community" is looking forward to is to get its scam coin back on the exchanges and dump the coins before it eventually dies.

They'll tell you anything that helps them to get rid of the asiacoin bag they are holding!

Don't fall for their desperate lies! It's the very same scam coin it was 4 days ago.

Use your brain and invest into something that wasn't a scam from the start.



You can stick to your close minded opinion that a community cannot band together to fix a scammed coin. Yes, the original AC dev scammed all of us but can't we band together to make things right and even better? I am sure there will be panic selling when the new wallet comes. It is almost impossible for us to avoid that. While there are people who are going to dump their AC, there are people who are going to buy.
maxsinner
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May 07, 2014, 01:00:55 PM
 #719

So what is to prevent the original developer from selling more coins from the premine as we speak? Are you rolling back the block-chain to some point in the past or what, I don't get it?
zmhaha
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May 07, 2014, 01:05:15 PM
Last edit: May 07, 2014, 01:26:29 PM by zmhaha
 #720

I call for a adaptive PoS rate scheme.
If it is not so hard to implement,this definitely will give another major advantage.
I think this feature is very important to AC because AC has such high PoS rate initially, which means it could be that there is total of 100AC(just an example) in existence one year from now, or 200AC, based one how many coins got staked during the year.
(below is just a rough idea & thoughts, will need further elaborations.)

Downside of current PoS scheme(fixed rate given a time interval):
No accurate future supply can be estimated as a whole because there is no way to tell in advance who's gonna stake the coin, and for how many coins, and for how long, etc... For a high PoS rate, obviously this could be a big effect on the coin because the total supply may even get doubled if all coins are staking, or 0 increase if no one is staking.
Also because of this, if there is in fact something wrong the current PoS algorithm, it is harder to find out because we don't know what really should be the correct supply.

Adaptive PoS scheme (PoS difficulty):
Implement a PoS rate adjustment algorithm to fix a supply curve (a prescribed curve). And force the network to adjust the interest rate based on that supply curve. (Kinda like PoW mining difficulty adjustment) Then the network adjusts again to either higher or lower PoS rate based on whether the current supply increases at a rate above that of prescribed curve or not.

If more coins is being staked, so at a particular rate, more coin will be generated.
      Note   i): so the actual supply is above the original fixed curve at that particular moment.
                ii): This kinda like, in terms of PoW, the coin has a lot of hashing power(coins being staked) given the difficulty(interest rate).
                iii): this could be resulted from various reasons, like high confidence in the coin, high PoS rate, etc..
                iv): this may not be good because it will reduce the transactions

Then the network adjusts the interest rate to a lower % to follow that prescribed supply curve.
       Note: i): So this is like, in terms of PoW, increasing the difficulty(lowering the PoS rate) in order to follow the XX mins/block rule.
                ii): This way, an accurate actual supply can be estimated overtime.
                iii): Once the PoS rate is lowered, it will stop some people from staking and start using the coins, thus more transactions.





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