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Author Topic: [AC] AsiaCoin | Pure PoS | 100% Interest  (Read 264518 times)
duplan
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July 04, 2014, 02:41:00 PM
 #3141

What about a kickstarter campaign or something like that?

We still dont have our true first wallet, only patches from old dev; still too soon to say Asia Coin is dead, it seems really live for me.

I trust and support Asia Coin.

The coin will be dead only when there will be nobody running a full node.
And even then , all it takes it's somebody to start their client again.

So basically , you can't really kill a coin.
Of course , with a price of 1 satoshi ... I doubt that anyone will still run a coin.

I run my node / client / wallet 24/7/365 . It is really no problem to keep it that way .
I know it helps the network , it's the least we can try to do . I am sure many think alike  Cool
ORiN
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July 05, 2014, 03:28:44 AM
 #3142

Can someone put up the PoS interest schedule in terms of blocks and estimated dates in the original post and on the AC website?

The link to the bitcointalk post is just in number of months and a bit confusing.  For example, I believe we are in Year 1 and  Month 3-4 or 80%.  But someone new may think we are currently in Year 1 (2014), Month 7-8 (July-August).  And I'm sure most would want to know the exact block cutoff times for each PoS phase.

I believe the start of Year 1, Month 3-4 was on block 72,000.  So how would I calculate the next start for Month 5-6 knowing each block is 60 sec?  Does one month equal 30 days or 31 days or is it just an estimation?  My guess would be that the code uses a fixed number of blocks which would approximate two months.  If so, what is that value?

I'm sure a lot of coin owners would be bummed if they staked one day late or one block late thinking they were still in the previous PoS phase.

Thanks.
It is actually accurate but the blockchain issue earlier caused us to backtrack on the schedule. We are incorporating a new POS schedule in the next version of the wallet. Everything is based on blocks and given the block time being 60 seconds. It is safe to say that we are on a 30-day month count. We are not affected by calendar months.

As for staking, not everyone will stake exactly after 14 days, there is an element of luck but you will not lose out any stake interest even if you stake late.
ORiN
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July 05, 2014, 03:24:00 PM
 #3143

We are in need of funds to pay the bounty for the multipool integration. The bounty for CoinKing will be 1 BTC.

BTC Donations: 1FjfP4pRgsjYPQUX5Uep9HMfFw6stsE9G3
AsiaCoin Donations: AXuMxpakwcxcnPtzkL6GNmp54PRc7Zxb2g

Please donate generously! Wink
kalenen
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July 05, 2014, 03:40:14 PM
 #3144

We are in need of funds to pay the bounty for the multipool integration. The bounty for CoinKing will be 1 BTC.

BTC Donations: 1FjfP4pRgsjYPQUX5Uep9HMfFw6stsE9G3
AsiaCoin Donations: AXuMxpakwcxcnPtzkL6GNmp54PRc7Zxb2g

Please donate generously! Wink

How much do we have at the moment?

www.bitmexscam.com
3HU5qQsR9fw4ptqGrssyDPinoRTfWAckxq
weeekeda
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July 05, 2014, 06:32:42 PM
 #3145

We really need Multipool !!!
welyoe
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July 06, 2014, 03:17:51 AM
 #3146

We really need Multipool !!!

try hashcow.ws ... you can cashout to AC

true-asset
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Uro: 1 URO = 1 metric tonne of Urea N46 fertilizer


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July 06, 2014, 04:20:02 AM
 #3147

It seems the links still point to v2.0.0.0 of the wallet. It gets stuck at block 71999

An links to 2.0.1.0 binaries?

Uro: A Real Long Term Currency, 1 URO = 1 metric tonne of Urea N46 fertilizer[/url]
Urea N46 tracks gradual increases in energy and food prices over the long term.
GIBZORS
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July 06, 2014, 07:07:54 PM
 #3148

It seems the links still point to v2.0.0.0 of the wallet. It gets stuck at block 71999

An links to 2.0.1.0 binaries?

The link in the first post is the 2.0.1.0, due to the rush at the time the devs forgot to change the version number.
The reason you are getting stuck is probably because you are connected to seeds which are still on the old wallet, which is preventing you from moving further.

If you go back a few posts you will see requests and solutions from other people which had the same problem.

AsiaCoin: Af4Yixiz9qn76HocgCoBAt7rUpRQaUrZ7z
ORiN
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July 07, 2014, 01:01:10 PM
 #3149

We are in need of funds to pay the bounty for the multipool integration. The bounty for CoinKing will be 1 BTC.

BTC Donations: 1FjfP4pRgsjYPQUX5Uep9HMfFw6stsE9G3
AsiaCoin Donations: AXuMxpakwcxcnPtzkL6GNmp54PRc7Zxb2g

Please donate generously! Wink

How much do we have at the moment?
We are transparent about it.

BTC: https://blockchain.info/address/1FjfP4pRgsjYPQUX5Uep9HMfFw6stsE9G3
AC: http://chainz.cryptoid.info/ac/address.dws?AXuMxpakwcxcnPtzkL6GNmp54PRc7Zxb2g
CycleSurfer
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July 07, 2014, 03:18:10 PM
 #3150

Can someone put up the PoS interest schedule in terms of blocks and estimated dates in the original post and on the AC website?

The link to the bitcointalk post is just in number of months and a bit confusing.  For example, I believe we are in Year 1 and  Month 3-4 or 80%.  But someone new may think we are currently in Year 1 (2014), Month 7-8 (July-August).  And I'm sure most would want to know the exact block cutoff times for each PoS phase.

I believe the start of Year 1, Month 3-4 was on block 72,000.  So how would I calculate the next start for Month 5-6 knowing each block is 60 sec?  Does one month equal 30 days or 31 days or is it just an estimation?  My guess would be that the code uses a fixed number of blocks which would approximate two months.  If so, what is that value?

I'm sure a lot of coin owners would be bummed if they staked one day late or one block late thinking they were still in the previous PoS phase.

Thanks.
It is actually accurate but the blockchain issue earlier caused us to backtrack on the schedule. We are incorporating a new POS schedule in the next version of the wallet. Everything is based on blocks and given the block time being 60 seconds. It is safe to say that we are on a 30-day month count. We are not affected by calendar months.

As for staking, not everyone will stake exactly after 14 days, there is an element of luck but you will not lose out any stake interest even if you stake late.


Here's the projected block schedule with approximate dates based on the original schedule (i.e. before the blockchain issue).  I believe the math is correct.

                                                  
                               Block Nbr                       Approximate Date (mm/dd/yyyy)
Year 1   Month 3-4        72,000    Start of 80%   (We are currently here)
Year 1   Month 5-6      158,400    Start of 60%       8/7/2014
Year 1   Month 7-8      244,800    Start of 40%      10/6/2014
Year 1    Month 9-10     331,200    Start of 30%      12/5/2014
Year 1   Month 11-12   417,600    Start of 20%      2/3/2015
Year 2   Month 1-2      504,000    Start of 15%      4/4/2015
Year 2   Month 3-4      590,400    Start of 10%      6/3/2015
Year 2   Month 5-6      676,800    Start of 8%       8/2/2015
Year 2   Month 7-8      763,200    Start of 6%         10/1/2015
Year 2   Month 9-10       849,600    Start of 4%          11/30/2015
Year 2   Month 11-12   936,000    Start of 3%           1/29/2016
Year 3   Month 1-12  1,022,400    Start of 2%           3/29/2016
Year 4   and beyond    1,540,800    Start of 1%           3/24/2017



GIBZORS
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July 08, 2014, 01:43:53 PM
 #3151

Starts to look like we will need some kind of pump if we want to stop the downtrend.

Is there anything up on the roadmap to be released in the near future from the dev team?

AsiaCoin: Af4Yixiz9qn76HocgCoBAt7rUpRQaUrZ7z
Maestro1 (OP)
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July 09, 2014, 12:16:41 AM
 #3152

Is there anything up on the roadmap to be released in the near future from the dev team?

We're working on a couple of ideas (all unique and never been done before in crypto, and all really have practical utility), I can't list them as our resources are limited (financially), and if we announce them, then other coins who have lots of BTC in their pockets for development costs can probably beat us in implementation speed.

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
GIBZORS
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July 09, 2014, 11:51:19 AM
 #3153

Is there anything up on the roadmap to be released in the near future from the dev team?

We're working on a couple of ideas (all unique and never been done before in crypto, and all really have practical utility), I can't list them as our resources are limited (financially), and if we announce them, then other coins who have lots of BTC in their pockets for development costs can probably beat us in implementation speed.

A valid and rational explaination. Thanks!
In what way is the team finanacially limited? Do you mean as in not being paid for the effort or missing funds to buy the necessary?

Who would be up for some donations? I would be, but I know it will probably take more than just me Smiley

AsiaCoin: Af4Yixiz9qn76HocgCoBAt7rUpRQaUrZ7z
kalenen
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July 09, 2014, 07:13:02 PM
 #3154

Is there anything up on the roadmap to be released in the near future from the dev team?

We're working on a couple of ideas (all unique and never been done before in crypto, and all really have practical utility), I can't list them as our resources are limited (financially), and if we announce them, then other coins who have lots of BTC in their pockets for development costs can probably beat us in implementation speed.

A valid and rational explaination. Thanks!
In what way is the team finanacially limited? Do you mean as in not being paid for the effort or missing funds to buy the necessary?

Who would be up for some donations? I would be, but I know it will probably take more than just me Smiley

I`m in. Got about 1m AC and could spare some Smiley

www.bitmexscam.com
3HU5qQsR9fw4ptqGrssyDPinoRTfWAckxq
GIBZORS
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July 09, 2014, 09:23:34 PM
 #3155

Is there anything up on the roadmap to be released in the near future from the dev team?

We're working on a couple of ideas (all unique and never been done before in crypto, and all really have practical utility), I can't list them as our resources are limited (financially), and if we announce them, then other coins who have lots of BTC in their pockets for development costs can probably beat us in implementation speed.

A valid and rational explaination. Thanks!
In what way is the team finanacially limited? Do you mean as in not being paid for the effort or missing funds to buy the necessary?

Who would be up for some donations? I would be, but I know it will probably take more than just me Smiley

I`m in. Got about 1m AC and could spare some Smiley

Depending on what it's supposed to be used for AC could or could not be a good choice for donating.
If it's for external needs BTC might be more useful. If it's for the dev team as a reward for their hard work then AC might be a good option.

AsiaCoin: Af4Yixiz9qn76HocgCoBAt7rUpRQaUrZ7z
kalenen
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July 10, 2014, 12:01:43 AM
 #3156

Is there anything up on the roadmap to be released in the near future from the dev team?

We're working on a couple of ideas (all unique and never been done before in crypto, and all really have practical utility), I can't list them as our resources are limited (financially), and if we announce them, then other coins who have lots of BTC in their pockets for development costs can probably beat us in implementation speed.

A valid and rational explaination. Thanks!
In what way is the team finanacially limited? Do you mean as in not being paid for the effort or missing funds to buy the necessary?

Who would be up for some donations? I would be, but I know it will probably take more than just me Smiley

I`m in. Got about 1m AC and could spare some Smiley

Depending on what it's supposed to be used for AC could or could not be a good choice for donating.
If it's for external needs BTC might be more useful. If it's for the dev team as a reward for their hard work then AC might be a good option.

You`re right!

www.bitmexscam.com
3HU5qQsR9fw4ptqGrssyDPinoRTfWAckxq
Scrappy Do
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July 10, 2014, 01:05:01 AM
 #3157

Is there anything up on the roadmap to be released in the near future from the dev team?

We're working on a couple of ideas (all unique and never been done before in crypto, and all really have practical utility), I can't list them as our resources are limited (financially), and if we announce them, then other coins who have lots of BTC in their pockets for development costs can probably beat us in implementation speed.

A valid and rational explaination. Thanks!
In what way is the team finanacially limited? Do you mean as in not being paid for the effort or missing funds to buy the necessary?

Who would be up for some donations? I would be, but I know it will probably take more than just me Smiley

I`m in. Got about 1m AC and could spare some Smiley

Depending on what it's supposed to be used for AC could or could not be a good choice for donating.
If it's for external needs BTC might be more useful. If it's for the dev team as a reward for their hard work then AC might be a good option.

You`re right!

 I am more of the thinking if they have a good design, I will support it. Are they actually working on anything? Hell I'll buy another 500k in a heartbeat, problem is, if it is going nowhere, why should I?
CycleSurfer
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July 10, 2014, 01:52:42 AM
 #3158

Regarding donations, the block explorer http://ac.blockx.info/ on the OP is unavailable and seems so for a few weeks now.  So the AC donations status link needs to be fixed as well.

According to this block explorer (http://chainz.cryptoid.info/ac/address.dws?AXuMxpakwcxcnPtzkL6GNmp54PRc7Zxb2g.htm), only 467,405 AC has been donated; well short of the 1 million goal.

Let's all donate some AC interest to the devs!


Mirmeko
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July 11, 2014, 12:21:16 PM
 #3159

I donated 30.000. Come on community let's fund our team!. Push!
duplan
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July 14, 2014, 12:10:16 AM
 #3160

Someone a member  Shocked please hail & request to add AC : http://www.cryptocoinsnews.com/bitcoin-forums/topic/what-altcoin-do-you-need-for-me-to-add-at-our-mining-pool#post-27845
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