Re: [ANN] [AC] AsiaCoin Reverse-Scam | Hard Fork and Patch
What I never liked of AC is that has a very high interest rate in the first year, And this will bring down its price in the medium and long term! With 5 % is OK! 
If you can change that too much better!
Already there are enough coins over with hidden premine sold!
If you can change that too much better!
Already there are enough coins over with hidden premine sold!
yes POS rewards *will* be adjusted via patch , and hard fork..
shouldn't the PoS mining rewards remain intact. 100% interest first year is one of the few reasons why i bought AC.
It is going to have to change to account for the extra 30M premine that was already distributed.. basically instead of starting at 160m -> 320m to end of the year with 160m paid out through staking. we must take a dilution of the 30m.. so that it goes from 190m->320m within the year.
If I remember correctly (correct me if I'm mistaken) when the 20106 blocked was mined there was only 141million coins ? So with the premine wouldn't that make it 171mil?