Adding xencoin soon?  Any ETA of when it might be added?

Any more news on when Crypsty will add this coin?  I think being able to trade it on a well known market will attract new miners, investors, and users!

I'm interested in this coin, for the very reason many of you dislike it; the 5% premined.  First off, all other alt coins (that I have seen) that have had pre-mining, have been 'sneaky' about it.  Example: NovaCoin claimed in the forums that there wasn't any pre-mining done.  When the block chain came up, we learned different.  I relish the fact that XenCoin announced their pre-mining and had a blockchain as proof at the time of the coin's launch.

However, the main reason I'm interested in this, is because they (the founders) of the coin have all the reason to develop the $%^& out of this coin.  What are the major cryptocoins right now?  BTC, LTC, and maybe PPC.  Why?  What do they have in common?  They all have active developers/development teams.  Now imagine if they had a stake (of 5%) of the coin they were trying to develop.  They could use this as start-up funds, offer bounties for help developing, or use it as pure motivation to improve their services, software, etc.  I mean it says right in the title of this post "Long term support."  Isn't that what we need to make a coin successful?

Besides, I don't know about you guys; but if I had 105 million alt coins right now that were worth next to nothing, I'd be willing to spend a massive amount of time and effort making this coin successful.  I'm anxious to see what they develop.

XmzpMFAAzaHjf5qswunKLyvvF5t6dF4GqE

Thanks!

+1

I have a lot of high hopes for YAC.  I know there has been a lot of alt-coins released lately (or crap-coins as many of us would like to properly refer to them ), but YAC is the first new alt-coin that offers something new.  It is the first coin (since litecoin) that has a took measures to protect against GHX and ASIC mining farms. 

The N-value of this coin increases, making the hashes double in length each time.  When this happens the difficultly will reduce by about half and cpu miners will receive about the same payout.  These longer algorithms are not easly processed by GHX or ASIC.  To the best of my knowledge, no one has been able to find a mine with these devises.  This might be the first one that is truly cpu mined only.

But keeping in mind that someone finds a way to mass-mine this coin in means other then cpu; it is still a great coin.  It has several built in features to help prevent the 51% mining concern that has arose in several other coins.  This coin block target is every minute (which leads to ultra-fast transaction speeds!) and offers a POS system that rewards 5% per coin-year destroyed.

The coin is only about 6 weeks old and is still pretty new the continuity.  But it's already had some major improvements from other coins that we've seen - such as being able to stake coins right from the wallet; there is no need to write batch and config files like for PPCoin.  I think this coin has been overlooked by many because of the number of crap coins that have been released lately.  In brief, I believe, this might be the best/strongest designed coin yet.

How do you mine this coin?

I cashed out some namecoins from a merged mining pool on Thursday (3 days ago) and I still haven't received them.  I took a look at the block chain and realized that there hasn't been a namecoin block since 6/6/2013 @ 21:51.

http://explorer.dot-bit.org/

Anyone have an idea what might be going on?

I believe YAC is a direct branch from NVC and I believe NVC is preparing to change how their POS reward is calculated on June 20th.  Has there been any discussion, or thoughts, on changing how YAC POS?

I thought I seen a few donations trickle through yesterday. 

http://yacexplorer.tk/address/YC83VqhfWWSJ1AmWcTsnssfTuqnENc86A7

I only mined about one coin so far - but I won't forget him.

*Face Palm* Apparently the 'www.' is needed.   

Thank-you.  It now works.

Thanks Sairon!  This is really helpful.

I am having a bit of trouble pulling API data out though.  Its probably just a noob mistake, but nothing is being returned when I try to pull from http://yacexplorer.tk/chain/YaCoin/q/getreceivedbyaddress/*my address here*.  

I also tried http://yacexplorer.tk/chain/YAC/q/getreceivedbyaddress/*my address here* & http://yacexplorer.tk/q/getreceivedbyaddress/*my address here* too, but no luck.  Any suggestions?

Looks like there was one launched yesterday.

http://yacexplorer.tk

Nobody else thinks 520 is a random number?

Bitcoins require 6 blocks in order to confirm (60 mins) while other cryptocoins require 15 blocks to confirm (30 mins).  Why do several of the new coins require 520?  It just seems like a random number.  Why not 500, 640, or 1000?

+1

Agreed.  We need a YAC explorer.  Its the first 'new' altcoin since litecoin.

LTC, PPC, and YAC.

Is there a blockchain for YAC yet?

But altcoins are dropping in exchange and USD value too.  If the demand was increasing for altcoins; wouldn't it raise the exchange ratio of altcoin to btc?

Looking through btc-e it looks like almost all of the alt coins have taken a big dip.  I mostly follow LTC and PPC; and they dropped from ~0.033 to ~0.025 and from ~0.0028 to ~0.0020.  What caused all of them to drop at once?  Or this is just normal market variation and nothing to get excited about? And they will eventually go back up?

That's how PPC work.  After 30 days a POS block can be mined and it will profit the number of coinyears deleted (1 coinyear = 0.01 PPC).  There doesn't seem to be a lot of information about how YAC is going to work.  Is there a blockchain explorer up and running for YAC yet?