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Title: *****!~~~ H A P P Y _ B I R T H D A Y _YACOIN ~~~!***** Post by: Joe_Bauers on May 08, 2014, 01:12:06 PM On 5/8/2013 Yacoin was officially released to the world and introduced the following innovations to the cryptocoin community.
The N parameter of Scrypt(N, 1, 1) [Some call this "Scrypt-jane"] SHA-3/Keccak-512 as a hashing used in Scrypt ChaCha20/8 stream cypher used as a mixing function in Scrypt Being one of the very few coins that could ONLY be mined by CPU when released, many have said that Yacoin was one of the fairest coins launched to date. Yacoin has 5 active devs and a very strong community: http://maps.google.com/maps?q=http://explorer.yacoin.org/static/peers.kml As of 2014-05-08 12:56:32, YAC is at a block height of 543205. Check out http://www.yacoin.org/ for more details. Title: Re: *****!~~~ H A P P Y _ B I R T H D A Y _YACOIN ~~~!***** Post by: El Dude on May 08, 2014, 02:03:22 PM Happy birthday botnet coin.
Title: Re: *****!~~~ H A P P Y _ B I R T H D A Y _YACOIN ~~~!***** Post by: Joe_Bauers on May 08, 2014, 02:23:24 PM It's botnet coin's birthday as well? Well happy birthday botnet coin!
Title: Re: *****!~~~ H A P P Y _ B I R T H D A Y _YACOIN ~~~!***** Post by: ilostcoins on May 09, 2014, 02:31:46 AM A year on, and the N change approach it started seems to be catching on in face of scrypt ASIC.
For me though, the most interesting thing about YACoin is the reward scheme. With most coins, the block rewards just keep going down. For many coins released in the past few months, their POW reward go way down even in the first year. For YACoin, the block reward now is actually higher than a year ago when it launched. Instead of starting the reward at its peak and then keep going down, the reward scheme has a bit of a fat middle part because reward increases with lower hashrate and every N change reduces hashrate/hardware. Quite an opposite of the "fastmine" in vogue these days. :) |