YaCoin, can someone explain the block reward please

[Boba]

YaCoin has most of the buzz atm, but I'm not quite sure I understand how the reward is calculated, as I understand it the reward per block can actually go up when N value changes. By how much will the reward increase? and how often will this happen? Is there a chance for high inflation rate?

[Boba]

Bumpetibump, either noone knows, noone cares or noone likes me, what is it?

[bitdwarf]

Reward goes up and difficulty goes down after the N in the scrypt algorithm changes, but also hashing speed goes down. So it's a bit of a bump in the road, but shouldn't ultimately affect much the rate of minting. I haven't ran any numbers, tho.

[Boba]

Reward goes up and difficulty goes down after the N in the scrypt algorithm changes, but also hashing speed goes down. So it's a bit of a bump in the road, but shouldn't ultimately affect much the rate of minting. I haven't ran any numbers, tho.

So your saying that inflation rate will be essentially unaffected by the N jumps?

[bitdwarf]

So your saying that inflation rate will be essentially unaffected by the N jumps?

I have no authority to say that, just that it's counterbalanced.

[Boba]

Ok, thanks bitdwarf.

I hope someone could shed some more light on it. Uncertainty is is never a good thing when it comes to cryptos.