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Author Topic: YaCoin, can someone explain the block reward please  (Read 898 times)
Boba (OP)
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May 09, 2013, 10:18:09 AM
 #1

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 (OP)
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May 09, 2013, 11:02:14 AM
 #2

Bumpetibump, either noone knows, noone cares or noone likes me, what is it? Tongue
bitdwarf
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May 09, 2013, 11:05:27 AM
 #3

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.

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
Boba (OP)
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May 09, 2013, 11:09:09 AM
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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
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May 09, 2013, 11:17:10 AM
 #5

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.

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
Boba (OP)
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May 09, 2013, 11:21:20 AM
 #6

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.
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