ABOUT YAC AND JKC

[e777]

   I think the two currency will be on  trading platform soon.

[Nolo]

   I think the two currency will be on  trading platform soon.

Any other thoughts you'd like to share?  What are your thoughts on the current Israel-Syria conflict?  What do you think about the Jodie Arias verdict?  WTF is this?   

[Hazard]

Both have stupid names. But then again I guess BBQCoin did too, and it got on an exchange. Altcoins are a funny business  

My vote goes towards RoyalCoin.

[e777]

Both have stupid names. But then again I guess BBQCoin did too, and it got on an exchange. Altcoins are a funny business  

My vote goes towards RoyalCoin.

BBQCoin no longer suitable for mining，RoyalCoin may be should wait some time.

[xibeijan]

YaCoin is different than the other coins because the intial coins were mined by millions of normal people with CPUs.  Thus, there's already a lot of stakeholders.

As soon as YaCoin is able to be mined with GPUs there will be another wave of stake holders.

This is different than any other altcoin so far.

For this reason I think YaCoin will be valued much higher on the exchanges.  Obviously it will go to an exchange.

[e777]

Agree

[caish5]

YaCoin is different than the other coins because the intial coins were mined by millions of normal people with CPUs.  Thus, there's already a lot of stakeholders.

As soon as YaCoin is able to be mined with GPUs there will be another wave of stake holders.

This is different than any other altcoin so far.

For this reason I think YaCoin will be valued much higher on the exchanges.  Obviously it will go to an exchange.

Or few hundred smart enough to rent amazon clusters.
People like me!

[pocopoco]

YaCoin is different than the other coins because the intial coins were mined by millions of normal people with CPUs.  Thus, there's already a lot of stakeholders.

As soon as YaCoin is able to be mined with GPUs there will be another wave of stake holders.

This is different than any other altcoin so far.

For this reason I think YaCoin will be valued much higher on the exchanges.  Obviously it will go to an exchange.

I will comment the GPU issue here. Yes, it is possible to develop OpenCl or cuda miner for scrypt(N, 1, 1). But the CPU / GPU hashrate difference will be less than 10 times and will decrease over time. So GPU's contribution into miner's total hashrate (even in case somebody will implement this) will be like one or two additional CPU cores. This is because scrypt will need more and more fast random access memory with N increased.

[LOG123]

[xibeijan]

YaCoin is different than the other coins because the intial coins were mined by millions of normal people with CPUs.  Thus, there's already a lot of stakeholders.

As soon as YaCoin is able to be mined with GPUs there will be another wave of stake holders.

This is different than any other altcoin so far.

For this reason I think YaCoin will be valued much higher on the exchanges.  Obviously it will go to an exchange.

I will comment the GPU issue here. Yes, it is possible to develop OpenCl or cuda miner for scrypt(N, 1, 1). But the CPU / GPU hashrate difference will be less than 10 times and will decrease over time. So GPU's contribution into miner's total hashrate (even in case somebody will implement this) will be like one or two additional CPU cores. This is because scrypt will need more and more fast random access memory with N increased.

You are obviously a genius.  Based on what you've just said, it sound like YaCoin will be far superior to bitcoin.

I will therefore revise my YaCoin outlook from bullish to mega bullish!  Well done.

A couple more questions:

1) Do you have any plans for an official website and bounties for merchants to start accepting YaCoin?

2) Can comment about the amazingly fast confirmation speeds, especially w.r.t. security and double spend?  I was pleasantly surprised how swiftly YaCoin transactions are processed.  It really makes a huge difference.  In the long-term, I can see YaCoin's fast transactions being a serious advantage for this crypto currency.

3) Finally, there is a very professional looking logo drifting around.  https://bitcointalk.org/index.php?topic=196196.msg2084974#msg2084974    Have you seen it?  Will you adopt it?

Thanks for all your great work.

[e777]

A few days later, there will be some different.

[zhaojundong]

i think YAC is cool
CPU mining protect more normal person can join the currency

[e777]

JAC is aslo cool ,i like special blocks.

[bitdwarf]

Feels that its about time for people to get tired of new alt coin every day. Its almost like all these garbage coins are having their own mini bubble and about to collapse hard, all it takes it for one new coin to fail completly - almost no miners at all, no thread responses, nothing.

Welp, when a GPU crypto runs out of hype miners point their rigs to one of the other ~12 similar cryptos.

Where are they going to point their CPUs to, tho?

[xibeijan]

YaCoin is different than the other coins because the intial coins were mined by millions of normal people with CPUs.  Thus, there's already a lot of stakeholders.

As soon as YaCoin is able to be mined with GPUs there will be another wave of stake holders.

This is different than any other altcoin so far.

For this reason I think YaCoin will be valued much higher on the exchanges.  Obviously it will go to an exchange.

I will comment the GPU issue here. Yes, it is possible to develop OpenCl or cuda miner for scrypt(N, 1, 1). But the CPU / GPU hashrate difference will be less than 10 times and will decrease over time. So GPU's contribution into miner's total hashrate (even in case somebody will implement this) will be like one or two additional CPU cores. This is because scrypt will need more and more fast random access memory with N increased.

Oh, and one more question.

Does YaCoin also implement long-term power efficiency like ppCoin?  I thought I heard something about it supporting PoS as well as PoW.  If so, can you explain how PoS works and if there's PoS mining, then how do we enable this?

Thanks.

[xibeijan]

Feels that its about time for people to get tired of new alt coin every day. Its almost like all these garbage coins are having their own mini bubble and about to collapse hard, all it takes it for one new coin to fail completly - almost no miners at all, no thread responses, nothing.

Noone even tries to create something new anymore, just slap the new name/logo and create the new [ann] thread 

YaCoin is quite new and innovative.  It's the only coin to really solve the GPU problem and, thus, level the playing field.

[xibeijan]

i think YAC is cool
CPU mining protect more normal person can join the currency

+1 for that.  100% agreed.

[bushstar]

YaCoin is different than the other coins because the intial coins were mined by millions of normal people with CPUs.  Thus, there's already a lot of stakeholders.

As soon as YaCoin is able to be mined with GPUs there will be another wave of stake holders.

This is different than any other altcoin so far.

For this reason I think YaCoin will be valued much higher on the exchanges.  Obviously it will go to an exchange.

Or few hundred smart enough to rent amazon clusters.
People like me!

Attention should be paid to the above comment. It occurred to me when people started complaining about the difficulty to mine coins on their decent CPUs, that there would be a few who would be setting up CPU farms which is easier than ever to do in this modern age.

Personally I think YAC is excellent as it has made an attempt to keep the GPU miners at bay and therefore allows more people to join in coin generation. How this pans out over time is another matter that I am keenly watching.

[bitdwarf]

Oh, and one more question.

Does YaCoin also implement long-term power efficiency like ppCoin?  I thought I heard something about it supporting PoS as well as PoW.  If so, can you explain how PoS works and if there's PoS mining, then how do we enable this?

Thanks.

Yes, YACoin has NovaCoin's fork of PPCoin's PoS. I'm really tempted to hold all my YACs and trade only the coins from PoS.

[e521]

YaCoin is different than the other coins because the intial coins were mined by millions of normal people with CPUs.  Thus, there's already a lot of stakeholders.

As soon as YaCoin is able to be mined with GPUs there will be another wave of stake holders.

This is different than any other altcoin so far.

For this reason I think YaCoin will be valued much higher on the exchanges.  Obviously it will go to an exchange.

I will comment the GPU issue here. Yes, it is possible to develop OpenCl or cuda miner for scrypt(N, 1, 1). But the CPU / GPU hashrate difference will be less than 10 times and will decrease over time. So GPU's contribution into miner's total hashrate (even in case somebody will implement this) will be like one or two additional CPU cores. This is because scrypt will need more and more fast random access memory with N increased.

1:10 or 1:1.25? Ratios are quire different..

Also considering:

- people already invested big money on GPUs
- you only need 1 miner [mobo+cpu+ram+psu] for 4-6 GPUs

GPU mining will still be more convenient