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Author Topic: [AC] AsiaCoin | Pure PoS | 100% Interest  (Read 264518 times)
Maestro1 (OP)
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May 09, 2014, 08:29:55 PM
 #1201

Coins now: 171,000,000

    Year 1, Month 1-2 : 100%
    Year 1, Month 3-4 : 80%
    Year 1, Month 5-6 : 60%  
    Year 1, Month 7-8 : 40%  
    Year 1, Month 8-10: 30%  
    Year 1, Month 10-12: 20% - This is end of Year 1
    Year 2, Month 1-2 : 15%
    Year 2, Month 3-4 : 10%  
    Year 2, Month 5-6 : 8%  
    Year 2, Month 7-8 : 6%  
    Year 2, Month 8-10: 4%  
    Year 2, Month 10-12: 3%

A few question regarding Stake-

1. How will Stake consider the age of the coins? When they were originally deposit into the wallet or the date of new wallet?

2. Also, first month's interest will be 8.33% and 6.66 % and 5% on top of the Staked amount for the next month and so on or will we get double the coins in 1 month?

3. Minimum age for Staking remains the same and what is it?

1. That's the date of their last transaction, so whenever they came to your address, regardless of wallet version.

2. The annual rate for the first two months is 100%, so that's 16.4% increase in the number of coins for the first two months.

3. Yes. It's 2 weeks.

--

An all-new version of the OP with FAQ is coming tonight.

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
syrota
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May 09, 2014, 08:34:45 PM
 #1202

New wallet works without problems! All the coins in place. Mining is coming! Great job team! Grin
Dyna
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May 09, 2014, 08:52:05 PM
Last edit: May 09, 2014, 09:07:17 PM by Dyna
 #1203

Hi friends

I'm now going to send the new wallet to those who PM'ed me today.

A number of Cryptomoms supporters are interested to donate to support your project by contributing DNotes, verses just BTC or AC which most likely they don't have. Would the AsiaCoin team want to add a DNotes deposit address for people to send their donations. It's your call.

For your reference:



Chase
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Re: SAVING ASIACOIN - Your Support will be appreciated.
« Reply #1 on: Today at 03:32:01 PM »
Quote
I'm going to look into AsiaCoin more this weekend when I have some time, but from what I have learned so far, I agree we should offer our support.  The current team should not be punished for trying to right the wrongdoing of the previous developer.  The new team has voided the 3 billion coins that he took and have started what looks like all the right steps to recover.

Could we set them up with a DNotes deposit address to help them out?  I think it would be very beneficial to AsiaCoin if the rest of the cryptocurrency world could see that they had another community (DNotes) standing by them in support.


Many thanks for your support. Yes I will send a PM now.




The new BTC address has been posted on Cryptomoms, replacing the first one. Two donations in (BTC) have been sent. Hopefully more to follow. When you have time please PM me a DNotes Deposit Address. Some members only have DNotes to spare but love to support. Thanks.
qopiyu
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May 09, 2014, 08:57:03 PM
 #1204

I would love to get the new wallet. Looking forward to finally getting all this corrected!
usao
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May 09, 2014, 08:59:35 PM
 #1205

Thanks to Maestro1 I got the new wallet working and my coins restored. Cheesy
Question though, it's all synced-up with the blockchain but still showing no staking since 5/1
Is that scheduled to resume at some point in the future? I saw the new staking schedule, and since I have a bunch of coins which should have staked in the past week, was wondering if/when that would happen.
Maestro1 (OP)
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May 09, 2014, 09:02:15 PM
 #1206

Thanks to Maestro1 I got the new wallet working and my coins restored. Cheesy
Question though, it's all synced-up with the blockchain but still showing no staking since 5/1
Is that scheduled to resume at some point in the future? I saw the new staking schedule, and since I have a bunch of coins which should have staked in the past week, was wondering if/when that would happen.


Staking should work already, if you unlocked your wallet. Did it start staking now? We have confirmation from a few members here that staking works fine in the new wallet.

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
usao
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May 09, 2014, 09:05:57 PM
 #1207

Thanks to Maestro1 I got the new wallet working and my coins restored. Cheesy
Question though, it's all synced-up with the blockchain but still showing no staking since 5/1
Is that scheduled to resume at some point in the future? I saw the new staking schedule, and since I have a bunch of coins which should have staked in the past week, was wondering if/when that would happen.


Staking should work already, if you unlocked your wallet. Did it start staking now? We have confirmation from a few members here that staking works fine in the new wallet.

Hmm, well the unlock option is greyed out, so I thought it was already unlocked.
Still no activity since 5/1.
micryon
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May 09, 2014, 09:13:22 PM
 #1208

Hmm, well the unlock option is greyed out, so I thought it was already unlocked.
Still no activity since 5/1.

You basically have to wait 2 weeks for every stake.. if you staked once using a transaction ID.. and got it say 5/1.  Then your next valid stake would be on 5/15.

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Xuorc
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May 09, 2014, 09:14:01 PM
 #1209

Regardless of the exchanges' code review status, Micryon and Maestro1 have been the cornerstones of the AsiaCoin community's volunteer dev team. I'm not sure the revival would succeed without them, and it certainly couldn't have been completed in this time frame without them. Major props Smiley

Miyron no doubt will never be forgotten i mean hes what he we want when we wanna do technical developments

Well don't thank me yet guys... Cryptsy and Mintpal still in reviews.. haven't green lighted the changes yet... (getting kind of antsy myself since the code has been ready 3 days ago..)

But anyways , for me, it was just a fun problem to look in to.. it's good to be part of something positive Smiley


Could not have said it better myself.  + 1000

usao
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May 09, 2014, 09:14:12 PM
 #1210

Hmm, well the unlock option is greyed out, so I thought it was already unlocked.
Still no activity since 5/1.
usao
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May 09, 2014, 09:14:53 PM
 #1211

Hmm, well the unlock option is greyed out, so I thought it was already unlocked.
Still no activity since 5/1.

You basically have to wait 2 weeks for every stake.. if you staked once using a transaction ID.. and got it say 5/1.  Then your next valid stake would be on 5/15.


Oh, I thought it was based on the age of the coin...
I had been mining since day-1, so have coins of all ages.
micryon
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May 09, 2014, 09:19:19 PM
 #1212

Hmm, well the unlock option is greyed out, so I thought it was already unlocked.
Still no activity since 5/1.

You basically have to wait 2 weeks for every stake.. if you staked once using a transaction ID.. and got it say 5/1.  Then your next valid stake would be on 5/15.


Oh, I thought it was based on the age of the coin...
I had been mining since day-1, so have coins of all ages.

Yes it is based on the age of the coin.. but it's not on the absolute coin age.. but rather it is the coin age as determined by the transaction that it was last seen in a block.  And what the algorithm does is compare that block time with the current time, to check that it is greater than 2 weeks.

Here's the code where it all happens.  I bolded the relevant statements.

unsigned int nStakeMinAge = 60 * 60 * 24 * 14;   // minimum age for coin age: 14d

// ppcoin: total coin age spent in transaction, in the unit of coin-days.
// Only those coins meeting minimum age requirement counts. As those
// transactions not in main chain are not currently indexed so we
// might not find out about their coin age. Older transactions are
// guaranteed to be in main chain by sync-checkpoint. This rule is
// introduced to help nodes establish a consistent view of the coin
// age (trust score) of competing branches.
bool CTransaction::GetCoinAge(CTxDB& txdb, uint64& nCoinAge) const
{
    CBigNum bnCentSecond = 0;  // coin age in the unit of cent-seconds
    nCoinAge = 0;

    if (IsCoinBase())
        return true;

    BOOST_FOREACH(const CTxIn& txin, vin)
    {
        // First try finding the previous transaction in database
        CTransaction txPrev;
        CTxIndex txindex;
        if (!txPrev.ReadFromDisk(txdb, txin.prevout, txindex))
            continue;  // previous transaction not in main chain
        if (nTime < txPrev.nTime)
            return false;  // Transaction timestamp violation

        // Read block header
        CBlock block;
        if (!block.ReadFromDisk(txindex.pos.nFile, txindex.pos.nBlockPos, false))
            return false; // unable to read block of previous transaction
        if (block.GetBlockTime() + nStakeMinAge > nTime)
            continue; // only count coins meeting min age requirement

        int64 nValueIn = txPrev.vout[txin.prevout.n].nValue;
        bnCentSecond += CBigNum(nValueIn) * (nTime-txPrev.nTime) / CENT;

        if (fDebug && GetBoolArg("-printcoinage"))
            printf("coin age nValueIn=%"PRI64d" nTimeDiff=%d bnCentSecond=%s\n", nValueIn, nTime - txPrev.nTime, bnCentSecond.ToString().c_str());
    }

    CBigNum bnCoinDay = bnCentSecond * CENT / COIN / (24 * 60 * 60);
    if (fDebug && GetBoolArg("-printcoinage"))
        printf("coin age bnCoinDay=%s\n", bnCoinDay.ToString().c_str());
    nCoinAge = bnCoinDay.getuint64();
    return true;
}

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PDR: PP3EQsV3oX9bBkjpsnESguMHz3tfMqHXhy PlanetDollar
min
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May 09, 2014, 09:22:34 PM
 #1213

Hmm, well the unlock option is greyed out, so I thought it was already unlocked.
Still no activity since 5/1.
https://i.imgur.com/FNFLo6V.jpg

How do you unlock your wallet pliz . In my wallet , Unlock is grey
ficklepickle
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May 09, 2014, 09:27:32 PM
 #1214

Hmm, well the unlock option is greyed out, so I thought it was already unlocked.
Still no activity since 5/1.


How do you unlock your wallet pliz . In my wallet , Unlock is grey

console walletpassphrase 90000000

micryon
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May 09, 2014, 09:28:18 PM
 #1215

Well first you need to encrypt your wallet. then the unlock option appears.

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ol92
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May 09, 2014, 09:29:00 PM
 #1216

If your wallet is not encrypted, there is no need to unlock!
But you can be vulnerable...
slasherzx
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May 09, 2014, 09:31:46 PM
 #1217

can i have the new wallet.. need to test it too thanks.. Smiley
M1CHA3LH
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May 09, 2014, 09:36:16 PM
 #1218

Can i have the new wallet plz?
c-cex
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CryptoCurrency EXchange: https://c-cex.com


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May 09, 2014, 09:39:11 PM
 #1219

AsiaCoin is opened for deposits/withdrawals/trading at c-cex.com exchange!

https://c-cex.com/?p=ac-btc
https://c-cex.com/?p=ac-usd

Welcome!

CryptoCurrency EXchange: https://c-cex.com
anderson705
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May 09, 2014, 09:44:08 PM
 #1220

Can i have the new wallet plz?
me too, can i have the new wallet please?
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