1. What is AMS?

Introduction to AMSTokens

AmsterdamCoin (AMS) is a distributed digital currency originating from the Netherlands and is one of the oldest tokens in the country. It started mining its first block in 2014, utilizing blockchain technology to facilitate secure and decentralized transactions. The design of AMS aims to provide a secure, transparent, and decentralized payment method. It leverages blockchain technology to record and verify transactions, ensuring the security and immutability of transactions. As a token, AMS can be traded and transferred globally, offering a fast and convenient payment option.

2. Who founded AMS?

According to the provided information, there is no clear mention of the founders of AMS (AmsterdamCoin or Antmons) tokens. Here is a summary of the related information:

• AmsterdamCoin (AMS): The algorithm was originally discovered by Bitsend (BSD) and has been proven to prevent ASIC mining hardware.
• Antmons (AMS): No specific founder information is provided, but its official website and related social media links are mentioned.

Therefore, it is not possible to determine the specific founders of AMSTokens.

3. Which venture capital invested in AMS?

According to the provided search results, AMS (Amas) has different meanings in various contexts. Here is the information related to Tokens AMS:

• AMS (Amas) is referred to in certain articles as a token, but no specific investment information is available.
• AMS is mentioned in other articles as a mining brand rather than a token.

No specific venture capital firms have been mentioned as investors in Tokens AMS. However, the articles also suggest that AMS tokens may involve fraudulent activities, such as generating fake comments and promoting counterfeit tokens like AMS89K on YouTube.

Consequently, it is not possible to determine which venture capital firms invested in Tokens AMS, as the information may be associated with fraudulent activities.

4. How does AMS work?

AMSTokens (AmsterdamCoin) is a token based on blockchain technology, and its operational principles are as follows:

1. Masternodes **: AMS utilizes masternodes, which are computers running the AMS wallet and making decisions, such as locking SwiftTX transactions, coordinating coin mixing, and voting on budget funds. Masternodes require a collateral of 100,000 AMS coins and must be able to run 24 hours a day, connecting with a downtime of no more than 1 hour.

2. Variable Teeter-Totter Reward Balancing System: The AMS system employs a variable teeter-totter reward balancing system that dynamically adjusts the block reward size between nodes to promote an even distribution among nodes within the network.

3. Algorithm and Mining: The AMS algorithm was initially discovered by Bitsend (BSD) and is designed to prevent ASIC mining hardware. AMS has a 180-day proof-of-work phase and uses SwiftTX for instant transactions, requiring zero confirmation wait time.

4. Blockchain Technology: AMS is based on blockchain technology characterized by decentralization, immutability, and consensus. The blockchain network uses transparency to reduce the need for trust among participants and prevents participants from exerting power or control over each other in a way that could weaken network functionality.

In summary, AMSTokens operate through masternodes, a variable teeter-totter reward balancing system, and blockchain technology.