Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [AC] Official Asia Coin Revival | Hard Fork and Voiding Pre-Mine
by
johntseng
on 05/05/2014, 05:50:11 UTC
Dear Community

Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?

Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.

So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number Smiley ).

I don't know if it is possible to keep 100% interest, if possible, it should.
As change this spec is possible to kill the coin during relaunch. We should minimize the modify.
I believe many of the investor are attracted by the interest including me.
If change it to a low amount then it is nothing so much different to other POS coins.
If it is not possible to keep 100%, then try to minimize the deduction.
However, I will support whatever the new team do.
Once again, thanks for the great job.