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Author Topic: Why yacoin will succeed  (Read 4610 times)
xan_The_Dragon
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May 14, 2013, 12:59:02 AM
 #1

i think YACOIN despite its name is a huge contender what do the two major cryptocurrencies have in common
BTC was the first sha-256 crypto (and yes the first crypto)
LTC was the first scrypt crypto
Correct me if i am wrong, but yacoin employs a new hashing algorithm so it will be the first of that type of hashing algorithm
So i think yacoin will stand out amongst the crowd of new coins

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May 14, 2013, 01:01:16 AM
 #2

From a other thread:
BTW - scrypt-jane isn't a hashing algorithm.  It's a software library that supports several different scrypt-based hashing algorithms, including scrypt+Salsa20/8 as used in Litecoin and scrypt+ChaCha20/8 as used in Yacoin.  The library is here:

https://github.com/floodyberry/scrypt-jane

Assuming the OP wants cgminer for Yacoin specifically, a change in the title of the thread is probably warranted, as "scrypt-jane" doesn't refer to the hashing algorithm in Yacoin.  It's ambiguous which scrypt-derived algorithm one is referring to if you say "scrypt-jane".

Edit: Not hoping it won't succeed. I have quite a huge share in Yac and still holding.
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May 14, 2013, 01:11:58 AM
 #3

My head hurts
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May 14, 2013, 01:18:33 AM
 #4

i think YACOIN despite its name is a huge contender what do the two major cryptocurrencies have in common
BTC was the first sha-256 crypto (and yes the first crypto)
LTC was the first scrypt crypto
Correct me if i am wrong, but yacoin employs a new hashing algorithm so it will be the first of that type of hashing algorithm
So i think yacoin will stand out amongst the crowd of new coins

Thanks for your pearls of "wisdom"....How is YAC doing on the exchange right now? Oh yeah, that's right, fucking horrible

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May 14, 2013, 01:21:52 AM
 #5

i think YACOIN despite its name is a huge contender what do the two major cryptocurrencies have in common
BTC was the first sha-256 crypto (and yes the first crypto)
LTC was the first scrypt crypto
Correct me if i am wrong, but yacoin employs a new hashing algorithm so it will be the first of that type of hashing algorithm
So i think yacoin will stand out amongst the crowd of new coins

Thanks for your pearls of "wisdom"....How is YAC doing on the exchange right now? Oh yeah, that's right, fucking horrible

stable as fuck is the new horrible.

BTC: 1QA7EMB5vPDJqhUWeXa6krppMa7DLsZVkF
YAC: YKos57wCeV2gdQJmwGsGFCZgcu3rGStYJD
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May 14, 2013, 01:24:31 AM
 #6

i think YACOIN despite its name is a huge contender what do the two major cryptocurrencies have in common
BTC was the first sha-256 crypto (and yes the first crypto)
LTC was the first scrypt crypto
Correct me if i am wrong, but yacoin employs a new hashing algorithm so it will be the first of that type of hashing algorithm
So i think yacoin will stand out amongst the crowd of new coins

Thanks for your pearls of "wisdom"....How is YAC doing on the exchange right now? Oh yeah, that's right, fucking horrible

stable as fuck is the new horrible.

So stable at such a low price, it actually costs money to mine it...And don't start on the free power, blah, blah, blah...Someone is paying the power bill.

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May 14, 2013, 02:38:55 AM
 #7

Good points and bad points with yacoin. It is innovative, but the release and initial difficulty have really screwed the market. It will be interesting to see how the N bump tonight goes.
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May 14, 2013, 03:41:19 AM
 #8

As long as transactions remain fast and the price isn't too volatile it's all good. Grin

We'll see in a few hours after the N++ event, but if coin supply continues to slow down eventually most coins will be in strong hands or Stake mining cold wallets.


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May 14, 2013, 02:18:54 PM
 #9



This guy really has it in for YAC lol - half his post history has to be YaCoin bashing.
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May 14, 2013, 02:33:18 PM
 #10



This guy really has it in for YAC lol - half his post history has to be YaCoin bashing.


butt hurt beverly ?


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May 14, 2013, 10:10:55 PM
 #11

i think YACOIN despite its name is a huge contender what do the two major cryptocurrencies have in common
BTC was the first sha-256 crypto (and yes the first crypto)
LTC was the first scrypt crypto
Correct me if i am wrong, but yacoin employs a new hashing algorithm so it will be the first of that type of hashing algorithm
So i think yacoin will stand out amongst the crowd of new coins

Thanks for your pearls of "wisdom"....How is YAC doing on the exchange right now? Oh yeah, that's right, fucking horrible

BTC dropped from $266 to $50 so it sucks? As far as I can see, current price fluctuates in $110 - 120 range.

So stable at such a low price, it actually costs money to mine it...

I suggest you to check BTC mining profitability chart for the period when block reward halved, it should reveal to you YAC is standing super strong. If people are mining even when
it costs more to mine than one gets back it means there is something those same people value more than profit.

This forum is not really a place for people like you, go to trollbox on BTC-e. There you will find many like you, who are loud but have no damn clue about anything that matters.

Yeah, because we all totally mine to collectively waste millions of kilowatts, not for anything resembling profit.

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May 15, 2013, 01:33:34 PM
 #12

yac deserves support, id like to see it succeed, so much so Im hanging onto my yac's and will keep mining here and there Cheesy

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May 15, 2013, 01:43:03 PM
 #13

Sooo, is there a miner for win x64 that won't empty my wallets?

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May 15, 2013, 01:44:18 PM
 #14

Is it allowed to lol in here? Because I really would like to lol...

Wanna spend some Bitcoins with a prepaid Master Card? All you need is a VirWox Account and a Skrill Master Card Wink
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May 15, 2013, 01:44:22 PM
 #15

Sooo, is there a miner for win x64 that won't empty my wallets?

the wallet emptying was not true.  a smear campaign put together by some people looking to make a quick buck.

BTC: 1QA7EMB5vPDJqhUWeXa6krppMa7DLsZVkF
YAC: YKos57wCeV2gdQJmwGsGFCZgcu3rGStYJD
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May 15, 2013, 01:46:23 PM
 #16

indeed, and the avx/sse3 cpuminer works just fine Cheesy

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May 15, 2013, 01:49:14 PM
 #17

Sooo, is there a miner for win x64 that won't empty my wallets?

https://bitcointalk.org/index.php?topic=201027.0
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May 15, 2013, 01:51:59 PM
 #18

lemmi guess.. cause you have some.
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May 15, 2013, 02:02:49 PM
 #19

it will not succeed if it used only for mining & trading, anybody that can give some hints on how to build some apps with php? i don't have experience with BTC so can't figure out where to start looking for some examples of tutorials.
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May 15, 2013, 02:18:39 PM
 #20

Sooo, is there a miner for win x64 that won't empty my wallets?

https://bitcointalk.org/index.php?topic=201027.0


Yeah... tried it when it came out, didn't work on my laptop.

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May 15, 2013, 03:01:28 PM
 #21

if I knew anything about php id shout both of you, but im just a lowly linux/unix/DC engineer ...

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May 15, 2013, 03:05:39 PM
 #22

I don't have anything to sell (unless I brainstorm something) otherwise I'd definitely start selling something hat can be paid solely with yac.

We have to talk some asic seller in accepting yac  Grin Grin

People are seriously shitting it, I'll have no funds to buy it anymore Smiley

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May 15, 2013, 03:20:25 PM
 #23

The bizarre thing is that CNC and FTC, both lame forks of LTC no different from the other 400 similar coins, are trading at more than twice the value of YAC.

Defies explanation
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May 15, 2013, 03:24:48 PM
 #24

I don't think a coin that has a yak in it's logo can ever reach mainstream acceptance. Maybe as a joke coin, but certainly not as a serious contender in the crypto universe. I would put it on the same level as BBQ Coin, except that BQC was the original joke coin, so YAC is actually inferior to BQC.

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May 15, 2013, 03:32:18 PM
 #25

Luckily, you =/= everyone.

So, you're saying people DO mine to waste electricity?

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May 15, 2013, 03:34:07 PM
 #26

I don't think a coin that has a yak in it's logo can ever reach mainstream acceptance. Maybe as a joke coin, but certainly not as a serious contender in the crypto universe. I would put it on the same level as BBQ Coin, except that BQC was the original joke coin, so YAC is actually inferior to BQC.
There are official flags (of organizations and state regions) with animals on them, why it is not "serious" for cryptocoins?

DTC: DMcKNp47fNtgM7sritK9GfJEQ1DzME5nwk
BTC: 1FgUGra685ZwkrX5VnRvfaYp4bHJhC7x4H
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May 15, 2013, 03:37:48 PM
 #27

mmm ever looked at the GNU logo HuhHuh


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May 15, 2013, 03:49:12 PM
 #28


And you're saying that's a GOOD thing? A lot of those people probably don't pay for the electricity they're using.

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May 15, 2013, 03:52:03 PM
 #29

I don't think a coin that has a yak in it's logo can ever reach mainstream acceptance. Maybe as a joke coin, but certainly not as a serious contender in the crypto universe. I would put it on the same level as BBQ Coin, except that BQC was the original joke coin, so YAC is actually inferior to BQC.

In other news... the avatars you used so far impose such a reliability  Grin

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May 15, 2013, 04:03:13 PM
 #30

If it wasn't bad enough that the coin has a yak in it's logo, imagine what people will think when they learn that the name stands for 'yet another alt-coin'.

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May 15, 2013, 04:34:18 PM
 #31

If it wasn't bad enough that the coin has a yak in it's logo, imagine what people will think when they learn that the name stands for 'yet another alt-coin'.
what about well-known "YACC - yet another compiler compiler" ?   Tongue

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May 15, 2013, 04:57:02 PM
 #32

If it wasn't bad enough that the coin has a yak in it's logo, imagine what people will think when they learn that the name stands for 'yet another alt-coin'.

Well, that was shit name, I give you that.  Grin

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kooke
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May 15, 2013, 05:07:03 PM
 #33

If it wasn't bad enough that the coin has a yak in it's logo, imagine what people will think when they learn that the name stands for 'yet another alt-coin'.
what about well-known "YACC - yet another compiler compiler" ?   Tongue

Where's the originality in that? People want a catchy name that they haven't heard before, not regurgitated ones. I think having a good name can be instrumental to the success of a crypto-coin, and a bad name can be detrimental to a crypto even if it has a good innovative concept.

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May 15, 2013, 05:07:57 PM
 #34

Quote
YAC   Yards After Catch
YAC   Yeast Artificial Chromosome

http://jtv.home.xs4all.nl/gtf/by_letter/Y

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May 15, 2013, 05:20:29 PM
 #35

If it wasn't bad enough that the coin has a yak in it's logo, imagine what people will think when they learn that the name stands for 'yet another alt-coin'.
what about well-known "YACC - yet another compiler compiler" ?   Tongue

Where's the originality in that? People want a catchy name that they haven't heard before, not regurgitated ones. I think having a good name can be instrumental to the success of a crypto-coin, and a bad name can be detrimental to a crypto even if it has a good innovative concept.

You have a point there definitely. Both YAC and JNK creators made coins that vere pretty innovative compared to crap that was and still announced here but both were half-arsed in naming their coins. Stupid and childish thing to do.

Though I think YAC managed to run away from the full name pretty much...  YAC is already used by almost anyone, that full name is rarely mentioned..

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bitdwarf
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May 15, 2013, 05:41:44 PM
 #36

YAC → Your Alternative Currency Grin


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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May 15, 2013, 05:51:48 PM
 #37

YAC → Your Alternative Currency Grin



that'd be a good slogan Grin

K.
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May 15, 2013, 06:54:22 PM
 #38

I would have preferred YIYAAC: Yac is yet another alt coin 
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May 15, 2013, 07:10:29 PM
 #39

YACoin like YES!Coin ...as opposed to NOCoin. Better than OKPay because you don't sound so unsure about it. When teaching your kids about crypto-currencies you can call it YabadabadoCoins and the cool kids on the streets call em YAKS. "I got these Rollies, you got any YAKS?"
YACoin branding is much better than most other alts especially peepee, feather and china.
Ditching of 'yet another alt' is a must for obvious reasons. And if pocopoco isn't interested in moving forward with this we need to take it over.
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May 15, 2013, 07:18:50 PM
 #40

I personally don't think ditching "yet another" is necessary. I quite like it, gives it some old school geek charm. Wink

Most people are just calling it YAC anyway.
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May 16, 2013, 10:39:45 PM
 #41

nice to see it rising Cheesy

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May 16, 2013, 11:02:47 PM
 #42

YAC → Your Alternative Currency Grin

+1
I do kinda like this one.
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May 17, 2013, 12:15:55 PM
 #43

i think YACOIN despite its name is a huge contender what do the two major cryptocurrencies have in common
BTC was the first sha-256 crypto (and yes the first crypto)
LTC was the first scrypt crypto
Correct me if i am wrong, but yacoin employs a new hashing algorithm so it will be the first of that type of hashing algorithm
So i think yacoin will stand out amongst the crowd of new coins

the most interesting thing about alt coins is how desperate people are to convince themselves the coin they've chosen is superior even if they don't actually understand how and it's destined to succeed!
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May 17, 2013, 12:20:06 PM
 #44

just for info guys, ive started to work on getting yac block explorer running ...

if anyone else is doing this shout

procrypto
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May 17, 2013, 01:02:41 PM
 #45

just for info guys, ive started to work on getting yac block explorer running ...

if anyone else is doing this shout

I started forking bitcoin-abe last night, did a few things, hit a couple of brick walls, read some posts, etc.

I'm happy to collaborate with you to get it rolling, or leave it to you. Entirely up to you, I just want it up and running asap. Shall we continue via PM?
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May 17, 2013, 01:03:44 PM
 #46

aha sure or might be worth an im session

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May 17, 2013, 05:26:31 PM
 #47

I think the name YAC just grows on you after a while.
 Price has been very stable unlike all the other clone alto's.
I am mining it with all my cpus Smiley

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February 20, 2014, 11:25:57 PM
 #48

Going up from the bottom, like this thread.

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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