tellmemiau (OP)
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May 08, 2013, 02:06:43 PM Last edit: May 08, 2013, 02:37:34 PM by tellmemiau |
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Yacoin fails in many ways. First of all, it was released immediately and withount any announce - "1.5 days later" with technical premine - so, many of us just hadn't time to react. Initial difficulty is way too low, blockcreation speed is abnormal and all that cause unaffordable amount of stales and orphans. I insist that it should be restarted with clear launch date announce (at least 12 hours in advance), initial difficulty should be adjusted. If none of proposed actions will be done, it should be understood as one of the scamiest scamcoins. P.S: Fair rules will make this currency and its holders to prosper, else it will be forgoteen very fast. P.P.S: but it's the most fair altcoin launch so far agree, though...
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237
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May 08, 2013, 02:11:31 PM |
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Yacoin fails in many ways. First of all, it was released immediately and withount any announce - "1.5 days later" with technical premine - so, many of us just hadn't time to react. Initial difficulty is way to low, blockcreation speed is abnormal and all that cause unaffordable amount of stales and orphans. I insist that it should be relaunched with clear launch date announce (at least 12 hours in advance), initial difficulty should be adjusted.
If none of proposed actions will be done, it should be understood as one of the scamiest scamcoins.
There was no premine. When i opened up the client for the first time there were only 13 blocks when i had sync.
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Donatioins always welcome LTC: LL2UDTbQNx9UiP37ZzJ4CLQDWm6JPgZG8t
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txmasut
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May 08, 2013, 02:12:25 PM |
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Yacoin fails in many ways. First of all, it was released immediately and withount any announce - "1.5 days later" with technical premine - so, many of us just hadn't time to react. Initial difficulty is way too low, blockcreation speed is abnormal and all that cause unaffordable amount of stales and orphans. I insist that it should be restarted with clear launch date announce (at least 12 hours in advance), initial difficulty should be adjusted.
If none of proposed actions will be done, it should be understood as one of the scamiest scamcoins.
P.S: Fair rules will make this currency and its holders to prosper, else it will be forgoteen very fast.
Um, it was announced plenty of time in advance. Yes the exact time wasn't correct but everyone was waiting. Nothing scammy here unless GPU's are already mining it.
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freequant
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May 08, 2013, 02:13:43 PM |
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The dev gave an extra 1.5 days after planned launched date, which amounts to about 60h+ to get ready. What's the problem?
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Wolf Rainer
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Activity: 1960
Merit: 1022
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May 08, 2013, 02:14:26 PM |
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This is scam or im a big mother fucker unlucky bastard...
I have 2 pc, i7 and i3, total o more than 200 khash/s, in one i have 13 orphans, in the other 5 orphans, and 0 fucking yacoins acredited... Really?
If someone want to help me YEAoG4zPBHt2npLeyt5fRCNDALPRToiqAR
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maxmint
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May 08, 2013, 02:15:48 PM |
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I'm not sure how you could "relaunch" a coin. Once people are mining it, how could you stop them from doing so?
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freequant
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May 08, 2013, 02:16:00 PM |
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This is scam or im a big mother fucker unlucky bastard...
Well, this definitely isn't a scam, so that let's only one possible logical outcome...
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RetardedMonkey
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May 08, 2013, 02:16:04 PM |
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so, many of us just hadn't time to react. So because you didn't react in time to be on it within the first few hours, it should be re-released. Get out, joker.
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freequant
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May 08, 2013, 02:16:50 PM |
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I'm not sure how you could "relaunch" a coin. Once people are mining it, how could you stop them from doing so?
Well he can launch YAY: Yet Another Yacoin...
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237
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May 08, 2013, 02:17:12 PM |
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So people think it's a scam when they don't get anything for not giving anything?
I thought scam is when you invested something and somebody takes your stuff and runs
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Donatioins always welcome LTC: LL2UDTbQNx9UiP37ZzJ4CLQDWm6JPgZG8t
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lumpycustard
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May 08, 2013, 02:17:28 PM |
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Don't bother relaunching, just let it die.
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bitdwarf
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The cryptocoin watcher
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May 08, 2013, 02:17:34 PM |
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There was also pre-release code that could be used to test installation, and the YAC thread was all day on the forum's front page due to gif fun.
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𝖄𝖆𝖈: YF3feU4PNLHrjwa1zV63BcCdWVk5z6DAh5 · 𝕭𝖙𝖈: 12F78M4oaNmyGE5C25ZixarG2Nk6UBEqme Ɏ: "the altcoin for the everyman, where the sweat on one's brow can be used to cool one's overheating CPU" -- theprofileth
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Hydroponica
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fml
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May 08, 2013, 02:23:36 PM |
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It litterally took me 60 seconds to setup mining on 3 PC's....I think 1.5 days is plenty notice
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JimmyFL
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May 08, 2013, 02:27:49 PM |
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It litterally took me 60 seconds to setup mining on 3 PC's....I think 1.5 days is plenty notice
+1
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Boba
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May 08, 2013, 02:28:13 PM |
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I agree the lauch time was off and he should have announced a new date, but he didn't, but it's the most fair altcoin launch so far, since it was in fact preannounced, and it couldn't be mined with GPUs at start. About 20 mins after it was launched it was on block 49, so he couldn't have had alot of CPU power on it. The block generation rate is still fast several hours after lauch, but for most that only means more orphaned blocks. The starting difficulty should have been higher for sure.
Anyway, even I managed to snag a few blocks with my core i5 and a core i7 (The core i7 was way worse btw for some weird reason).
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balu
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May 08, 2013, 02:29:34 PM |
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It's not about YAC being a scam or not, but this is the biggest "premine" I've seen so far here (not really premine, as all had equal opportunity to jump in - though the launch was not at the previously set time) Based on the description this coin has 10 minute PoW block targets, yet even now there are blocks being found every 1-3 seconds. There are already 14.5k blocks mined - compare that to NVC, which has 19971 (!!!) or FTC, which has "only" 32546 blocks mined, having a 4* faster block target.. Even BTB, that is many times attacked for being a premined coin has 6531 blocks mined so far. I consider this a way bigger advantage for early adaptors than ANY other coin had so far. And it's only a few hours gone so far, I wonder how these statistics will look like tomorrow at this time. It's up to the market (us) to decide if we accept this though.
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aikklond
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May 08, 2013, 02:35:04 PM |
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This was an excelent launch, with sufficient warning, i started late and i am hitting many blocks. so stop whinning....
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tyrion70
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May 08, 2013, 02:37:09 PM |
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YES!!!! We must also relaunch BTC and LTC too! Since I was still wearing diapers when they got out, I didn't have enough chance to start mining them.
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