New YBCoin is coming up soon, Let's share the joy of China No.1 crypto-coin.
Reply this thread and leave your YBC address, you will receive 1 shinning YBC. Only first 200 replys count. 1 YBC worths almost 1 USD at this moment.-------------------------------
What is YBCoin？The original algorithm of YBC was derived from YA Coin (YAC), YBCoin development team redeveloped it, and made it China NO.1. With YBCoin development team's effort, YBC now has become the best chinese crypto-coin, both from the perspective of price and market-cap. YBC community now has more than 100 thousand users, and it keeps growing. A major YBC upgrade is coming, below are the details. Do you want to miss a ride?
Summarization of Upgradation SchemeThe scheme details are below:
1. The total number of new YBC is set at 3 million at the beginning. The current coins could be equally converted with a ratio of 1:1. New YBC’s abbreviation is still YBC, and logo still remain the same as before. Predictably, this portion of YBC would be less than 2.3 million. Considering some of the coins have probably been lost during circulation, the ultimate number would be below this number. Remaining Unclaimed new YBC will be distributed through VPOW.
2. Revoke Proof of Work mechanism (POW mining), interest rate of Proof of Stake mechanism (POS mining) adjusts to 1% per year.
3. Miners could mine other digital currencies through multipool（8baochi.com）, to exchange YBC (VPOW), and some extra YBC revenue, less than 10%, could be gained. The maximum reward would be less than 3000 coins per day (that is to say, when miners buy more than 30000 YBCs, the maximum reward would be 3000.)
4. Multi-pool (8baochi.com) will initiate a share allotment plan, freely giving away shares of multi-pool (8baochi.com) to YBC users so that the revenue could be shared.
5. After the allotment of the YBCoin multi-pool (8baochi.com), a host node distribution mechanism will be initiated, in order to encourage coin holders and guarantee the security of the network.
6. 100 thousand coins will be reserved as the promotion funds, only will use on promoting YBC, reward developers and sponsor public welfare activities. The YBC Foundation Committee and YBC Development Team are jointly responsible to supervise the fund-using condition of the related projects.
7. When new YBcoin comes out, the total number will be 3 million, with a constructed proportion as follows:
For a complete version of new YBC white paper,
Download from here：
http://www.ybcoin.com/wp-content/files/New_YBCoin_Whitepater_V2.72_en.pdfVisit another exciting project of YBCoin team, the taiyi project:
www.taiyilabs.com 
