Post
Topic
Board Announcements (Altcoins)
Re: [ANN][AC]AsiaCoin - Full block reward arriving - PoS|No IPO|Zero Premine
by
richwang
on 18/04/2014, 01:24:29 UTC
****Notice: This page will be updated regularly, come back often.****
Miners,remember to spread your hashrate!
Giveaway system will open 8-12 later when we got enough coins to open it.
We won't send any free AC to you unless you submit your wallet address to the giveaway system.So stop posting your wallet address here!


AsiaCoin is created for Asia,helping investors and miners in asia through these hard times!



  • Launch Date:Wed, 16 Apr 2014 16:00:00 (GMT+00:00) UTC
  • Fair Launch:Wallets will be ready before launch in password protected zip file. First 1000 Blocks Reward is 100AC,This allows for people to ramp up the network hash gradually to avoid forking, allows people to tweak their rigs on the actual network, and alleviates all the traffic to the wallet downloads.
  • CountDown:






  • Algorithm:Scrypt
  • Pow + PoS
  • Symbol:AC
  • Block target:60 seconds
  • Block reward:10000 AC
  • Retarget: Every block
  • Max coin:360 Millions - 360,000,000 AC
  • P2P port: 35656
  • RPC port: 36565
  • NO IPO
  • Zero Premine




  • 150 Million is the total of coins in the POW stage,210 Million coins after 10 years
  • Two weeks of mining,AsiaCoin will have block reward for only two weeks! Approx. 20000 blocks.
  • Block Reward:10,000 AC.Halve every week,which means the reward will decrease to 5,000AC during the second week.
  • Max height: 2,0000 (after this network will not accept PoW)
  • Adopts a variable PoS rate with the following annual interest rate:First year stake interest is 100%, then starting Year 2, it will have an annual PoS interest of 2%
  • Min stake age: 2 weeks, no max age



























Code:
listen=1
server=1
daemon=1
maxconnections=100
rpcuser=asiacoinrpcuser
rpcpassword=somepassword
addnode=23.88.103.40
addnode=199.193.252.93
addnode=23.88.247.68


















  • Pool 1 = 6,000 AC - czvezda -paid txid:1b5bf077d7c17ba17006cee07cb361933d07da8061323ff674affd9502ec1f76
  • Pool 2 = 6,000 AC - hankrules -paid txid:fc8f02a13cb01696b6120dba6e328fbb98b1b566a912872b10dd52fc3ff2b3d2
  • Pool 3 = 6,000 AC - lolcoind
  • Pool 4 = 6,000 AC - appbox -paid txid:41006f5eb1da5d7c18979023bc184cff0d5c7677dd23af5681bd808993e0b6aa
  • Pool 5 = 6,000 AC - crackfoo -paid txid:5206807f287f42502777833e02e4dfa049b4a76669245ead72678444d50894dc
  • Pool 6 = 6,000 AC - hashhot -paid txid:3fb38e6ccf88b8ceb851b3e322a8341011b4089ed5f8f7016016b772f6ce4983
  • Pool 7 = 6,000 AC - Poolest
  • Pool 8 = 6,000 AC - guolong9988
  • Pool 9 = 6,000 AC - Obfuscode -paid txid: f766d7bb564e499327fbe0f074d59fe345c4104ce917e85f5930c8d0e0987bf0
  • Pool 10 = 6,000 AC - xfranz
  • Mac Wallet =  10,000 AC - instacash -paid txid:3b2fe8e79b1cf343b9220c1b76416e4f7e31e20c1c2da040996d2d1769899239
  • Video 1 = 10,000 AC
  • Video 2 = 10,000 AC
  • Video 3 = 10,000 AC
  • Games 1 = 6,000 AC - Shuxy -paid txid:2e42311049740ed160ebc22adc225710620f8298d1dfda35138cd22fabf17876
  • Games 2 = 6,000 AC
  • Games 3 = 6,000 AC
  • Merchants = 10,000 AC
  • Faucet = 6,000 AC - nxtar -paid txid:a1afdace1fb1d27d45a5b5f5a86dac87d2e00c6fdfe74593cbc7f389ac682c35
  • Blog Posts & Articles = 1,000 AC Each
  • Translations = 1,000 AC Each
    • Chinese - icess -paid txid:869577f5f27169989958df13df29511b20719106bb5d8bc34ca40d454677e19f
    • Russian - miner7788 -paid txid:49d901000429abfe750e2e4c74e83aba5b5b449f38e323daae444215b9244302
    • Russian -serejandmyself -paid txid:2b2d9a0fd11fb572b4f73196ead6af353001538fee8e36f4a42683d25941c716
    • Polish -Sooyoung -paid txid:1d4704a82a4375f98704422471797cebc9b3234c99db561b100d528ae4c57b08
    • Spanish - altcoiner -paid txid:d9a9df8c2fe115f1add294bcc40e7fed3a3ea530bf2ad8bbf9114422ebc217ba
    • German - BCMann -paid txid:8c5d6276592f2eafb75a90d0000844a41d9a2b93722b4f555c845cbb79efd62b
    • Greek - takkaros -paid txid:9fee5a966b93fd6c4b8c903e950654260e2bc3efa82e3b505c8af79a9b208b4d
    • Italian -Nagath -paid txid:386b4508cfc6057b3f4f7a48cb6cc35a81863572e8e6bb28c4bbfb5cc844107e
    • Dutch - gaazje -paid txid:26c598cb55bc1112f9c996248345916ce68ea86cd60f195e077ef9b6ff07d4e4
  • Other Things Please Contact Us




  • Automatic Giveaway System:Every person can get 500 AC for free.This Giveaway System will start after launch,and never stops. We will keep this giveaway running as long as we can.
  • But in order to prevent malicious submission,there're several easy steps to get your free AC.We strongly believe that this will actively contribute to the stable growth of the AsiaCoin community.
    • Add AC address to your signature on Bitcointalk and enter your bitcointalk username.
    • Or Follow us on Twitter and enter your twitter username.








  • Recently,a lot of Country Coin have been created with a huge % of the premine ( 48% + ). Then the coins were distributed to the people living in the country.For freedom, for finance or helping cryptocurrecny to be accepted by more and more people , however it seems to be a nice idea. But as we have seen, most of them are 100% HUGE SCAM. Because the huge premine is unfair to the miners and investors pay for the premined coins finally. So AsiaCoin is created without premine and IPO, it definitely fair to every miners and investors.
  • But a new problem has arisen which is important to any alternative coins - how to anti Pump And Dump? We think  that the multipool idea from BC is the most effective way to solve this problem. As planed, a multipool that pays out in Asiacoin will be built after the POW stage. This multipool will support the long term growth and profitability of Asiacoin. We set the fee to 2% and it will be used for the developement , promotion and also giveaway.




  • This is a simple plan of Asiacoin ,and we believe it would work pretty well. More details will follow after the launch.If you have some ideas,please contact us via email. contact@theasiacoin.com



  • Please donate to further developement and promotion
  • BTC:1EgsXZzaPxiiMZAAGbrwguycCkHbUA6Upc




  • What is PoS?
    Proof of Stake. Your cryptos produce interest in wallet as long as you keep them. So you don't have to mine and so nature protected.
    http://en.wikipedia.org/wiki/Proof-of-stake
  • First year stake interest is 100%? It's too high.
    Yes,most Cryptos with PoS has little stake interest from 1% to 5%. But you should notice that Asiacoin has an annual PoS interest of 2% since Year 2. The design of first year stake interest is more like a continuance of PoW. It's real energy efficiency because interest under 5% is originally designed to prevent deflation.
  • What sould I do to start PoS mining?
    Have your wallet unlocked and online.
  • Is AC equipped with Kimoto Gravity Well / KGW?
    No, KGW is not needed because the difficulty retargets with every block.
  • How can I help?
    If you have any desire to be part of something big, feel free to send us a message with skills you possess and we would be happy to discuss any opportunity with the AsiaCoin Development team.