[ANN][YAC] YACoin ongoing development

[ivanlabrie]

You can get today more YAC for a fraction of a BTC that I got mining at launch. Entry point is now as fair as it gets.

Yeah, +1...price is too darn cheap right now, and me without btc. :/

[Joe_Bauers]

You can get today more YAC for a fraction of a BTC that I got mining at launch. Entry point is now as fair as it gets.

Yeah, +1...price is too darn cheap right now, and me without btc. :/

No doubt. The most annoying thing about the current price to me is that I don't have BTC to buy more YAC's 

[Beave162]

Anyone mining this thing on a cloud?

[ivanlabrie]

Anyone mining this thing on a cloud?

Probably some botnet guy...I have yet to found a profitable vps provider for mining.

[BChydro]

Anyone mining this thing on a cloud?

Probably some botnet guy...I have yet to found a profitable vps provider for mining.

I doubt there are any botnets YAC mining. It's more profitable to CPU mine QRK or XPM. I'm guessing most of the YAC network is still GPU farms.

[anonymous_acc]

Code:

$ make -f makefile.unix 
/bin/sh ../share/genbuild.sh obj/build.h
gcc -c -O3 -msse2 -pthread -Wall -Wextra -Wformat -Wformat-security -Wno-unused-parameter -g -DBOOST_SPIRIT_THREADSAFE -I/usr/src/coins/yacoin/src -I/usr/src/coins/yacoin/src/obj -DUSE_UPNP=0 -DUSE_IPV6=1 -DSCRYPT_KECCAK512 -DSCRYPT_CHACHA -DSCRYPT_CHOOSE_COMPILETIME -DHAVE_BUILD_INFO -fno-stack-protector -fstack-protector-all -Wstack-protector -D_FORTIFY_SOURCE=2  -MMD -o obj/scrypt-jane.o scrypt-jane/scrypt-jane.c
scrypt-jane/scrypt-jane.c:10:8: error: expected identifier or ‘(’ before string constant
make: *** [obj/scrypt-jane.o] Error 1

Could some body provide me with true flags to build this coin?

[Joe_Bauers]

Code:

$ make -f makefile.unix 
/bin/sh ../share/genbuild.sh obj/build.h
gcc -c -O3 -msse2 -pthread -Wall -Wextra -Wformat -Wformat-security -Wno-unused-parameter -g -DBOOST_SPIRIT_THREADSAFE -I/usr/src/coins/yacoin/src -I/usr/src/coins/yacoin/src/obj -DUSE_UPNP=0 -DUSE_IPV6=1 -DSCRYPT_KECCAK512 -DSCRYPT_CHACHA -DSCRYPT_CHOOSE_COMPILETIME -DHAVE_BUILD_INFO -fno-stack-protector -fstack-protector-all -Wstack-protector -D_FORTIFY_SOURCE=2  -MMD -o obj/scrypt-jane.o scrypt-jane/scrypt-jane.c
scrypt-jane/scrypt-jane.c:10:8: error: expected identifier or ‘(’ before string constant
make: *** [obj/scrypt-jane.o] Error 1

Could some body provide me with true flags to build this coin?

You can probably use this as a starting point: https://github.com/yacoin/yacoin/blob/master/src/makefile.mingw

[cycloid]

Guys maybe its time to move on... xpm is everything yac was trying to do and is at the moment the only true cpu only coin with out weird N that messes with hash rates and actaully does something useful like find prime numbers  

 This coin had a good run but I just think there are now much better coins with active devs that could use our support and offer a better reward .

Just my two yacs lol

[bitdwarf]

You are free to send me your YAC, I'll help you free that hard drive space.

[ivanlabrie]

Guys maybe its time to move on... xpm is everything yac was trying to do and is at the moment the only true cpu only coin with out weird N that messes with hash rates and actaully does something useful like find prime numbers  

 This coin had a good run but I just think there are now much better coins with active devs that could use our support and offer a better reward .

Just my two yacs lol

XPM sure is nice, but it doesn't have POS...only an innovative POW, and it's really complicated for it to move forward the way difficulty works.

[CryptoMaster]

I don't think it's about XPM replacing YAC, but I think there's mainly 2 things that are putting in danger YAC and preventing its raise:

- The sudden, N increases. I don't know if it's possible to 'smoothen' the effects without a hard-fork, but it would be worth considering. The average foe is probably not OK with their hashrate halving overnight and difficulty taking 5-6 days to adjust. Since the N concept probably has to stay this way as it's 'the concept' of the coin, I guess the change should come with difficulty reacting faster after a N change.

- The lack of development news (not blaming the dev(s), I understand you can't do miracles with few numbers, but it's an issue from outside).

If these 2 things are tackled I don't see why YAC couldn't become more widespread. If nothing changes, well, I'm afraid we'll all have a good amount of very cheap coins.

[sairon]

I don't think it's about XPM replacing YAC, but I think there's mainly 2 things that are putting in danger YAC and preventing its raise:

- The sudden, N increases. I don't know if it's possible to 'smoothen' the effects without a hard-fork, but it would be worth considering. The average foe is probably not OK with their hashrate halving overnight and difficulty taking 5-6 days to adjust. Since the N concept probably has to stay this way as it's 'the concept' of the coin, I guess the change should come with difficulty reacting faster after a N change.

Yes, that's impossible without a hard fork.

EDIT:
However, as YAC has PoS mining, the PoW difficulty/Nfactor changes are not important. PoW should only be used for the initial distribution of coins. PoS will eventually overtake PoW and then invalidate it altogether as PoS blocks have much larger "trust" value assigned to them compared to PoW blocks which have a trust of 1 (just look at NVC).

Also, it's quite easy to supress PoW entirely if any large YAC holder wanted to do so - just hold onto your coins and when you see a PoW block on the network, ignore it and quickly make one PoS block linking to the previous block (not the new PoW block). The other peers will happily orphan the PoW block. You will need to make some code changes to your client first, but it's not that difficult and IMHO worth it for the lulz. Just imagine all the YAC pools getting nothing but orphans.

Now I hope you see the futility of PoW mining a coin that has PoS. So hashrate/N changes/whatever is not an issue for YAC in the long run (when there are many coins participating in proof of stake).
END EDIT.

- The lack of development news (not blaming the dev(s), I understand you can't do miracles with few numbers, but it's an issue from outside).

Currently we're trying to improve the client start-up time. Not much success so far (moved to LevelDB), but I've got an idea. (Make a bounty! )

If these 2 things are tackled I don't see why YAC couldn't become more widespread. If nothing changes, well, I'm afraid we'll all have a good amount of very cheap coins.

They're already quite cheap. Time to buy!

[bitdwarf]

I don't see mining having any problem at all, new coins keep being added regularly, and transactions are fast. For once we have a coin that has worked nominally since release without needing any tweaks.

[St.Bit]

Also, it's quite easy to supress PoW entirely if any large YAC holder wanted to do so - just hold onto your coins and when you see a PoW block on the network, ignore it and quickly make one PoS block linking to the previous block (not the new PoW block). The other peers will happily orphan the PoW block. You will need to make some code changes to your client first, but it's not that difficult and IMHO worth it for the lulz. Just imagine all the YAC pools getting nothing but orphans.

Now I hope you see the futility of PoW mining a coin that has PoS. So hashrate/N changes/whatever is not an issue for YAC in the long run (when there are many coins participating in proof of stake).

Don't get me bad ideas ...

Actually it does piss me off that people can now buy YACs so much cheaper than I had paid. I wouldn't even have to actually fight many POWs since I ask the miners for a little donation. It would be a shame if something happend to your block. Since I would still kill a lot of blocks there would be far less supply for the exchanges.

In fact I can't stop people from selling cheap at the exchanges, but if I punish all miners for to low prices I can somewhat stabilize the market. I do have the coins, the money to buy significant on the exchanges to prevent a panic and my morals ain't that good either.


On a total different subject, how can I automatically split up a big wallet into a few small ones. Let's say about 10.000 adresses?

[sairon]

Don't get me bad ideas ...

Actually it does piss me off that people can now buy YACs so much cheaper than I had paid. I wouldn't even have to actually fight many POWs since I ask the miners for a little donation. It would be a shame if something happend to your block. Since I would still kill a lot of blocks there would be far less supply for the exchanges.

In fact I can't stop people from selling cheap at the exchanges, but if I punish all miners for to low prices I can somewhat stabilize the market. I do have the coins, the money to buy significant on the exchanges to prevent a panic and my morals ain't that good either.

On a total different subject, how can I automatically split up a big wallet into a few small ones. Let's say about 10.000 adresses?

Something like:
1) create new wallet.dat
2) generate and save 10000 addresses via RPC command
3) switch to your old wallet.dat
4) send X YAC to each of these 10k addresses you just generated
5)
6) Profit!

Some BASH code for step 2:

Code:

for i in $(seq 1 10000) ; do yacoind getnewaddress >> addresses.txt ; done

And for step 4:

Code:

for address in $(cat addresses.txt) ; do yacoind sendtoaddress ${address} <AMOUNT> ; done

Replace <AMOUNT> by the amount of YACs you want to send to each address.

Quite easy.

[St.Bit]

Quite easy.

Wouldn't that be better to do with CC from one single adress?

[sairon]

Quite easy.

Wouldn't that be better to do with CC from one single adress?

Sure, but not with CC as it can not be easily automated. The best way I can think of is setting an account for the address you want to send from (in yacoin-qt debug window console for example):

Code:

setaccount <bitcoinaddress> <account>

Give it some nice account name.

Then instead of "sendtoaddress" use "sendfrom" (replace fromaccount by the name of the newly created account):

Code:

sendfrom <fromaccount> <tobitcoinaddress> <amount>

[Gorgoy]

Also, it's quite easy to supress PoW entirely if any large YAC holder wanted to do so - just hold onto your coins and when you see a PoW block on the network, ignore it and quickly make one PoS block linking to the previous block (not the new PoW block). The other peers will happily orphan the PoW block. You will need to make some code changes to your client first, but it's not that difficult and IMHO worth it for the lulz. Just imagine all the YAC pools getting nothing but orphans.

Now I hope you see the futility of PoW mining a coin that has PoS. So hashrate/N changes/whatever is not an issue for YAC in the long run (when there are many coins participating in proof of stake).

Don't get me bad ideas ...

Actually it does piss me off that people can now buy YACs so much cheaper than I had paid. I wouldn't even have to actually fight many POWs since I ask the miners for a little donation. It would be a shame if something happend to your block. Since I would still kill a lot of blocks there would be far less supply for the exchanges.

In fact I can't stop people from selling cheap at the exchanges, but if I punish all miners for to low prices I can somewhat stabilize the market. I do have the coins, the money to buy significant on the exchanges to prevent a panic and my morals ain't that good either.


On a total different subject, how can I automatically split up a big wallet into a few small ones. Let's say about 10.000 adresses?

HI all, regarding the splitting of wallets into smaller sizes, would a 10,000 YAC deposit per address make the POS last longer, meaning that when it gets split in half 30 days from now, it will be 5,000 YAC and so on and so forth. Is there a sweet spot in YAC size? Does 5,000 YAC sound reasonable, I hate seeing all the tiny POS on the block chain. Just me?

LOVE YOU YAC!!!!! Keep on strong, even if the price has gone down, and yes I did purchase 95% of mt coins when the price was 5x what it is now, but the potential is great, still think YAC is the best coin around.

[St.Bit]

HI all, regarding the splitting of wallets into smaller sizes, would a 10,000 YAC deposit ...

It wouldn't generate more rewards but far more blocks. It wouldn't be a good idea.

As Sairon suggested a rouge player could troll miners by delaying the update of his POS and kill their now ophran blocks. Having more adresses could prevent or do such thing. For me it currently makes no sense to POS at the moment so having a few thousand adresses ready if they could be useful for preventing so that is someting I'm currently thinking about.

The problem with that is not so much the miners, it's the lost transactions and trouble this could cause.

[aso118]

Guys maybe its time to move on... xpm is everything yac was trying to do and is at the moment the only true cpu only coin with out weird N that messes with hash rates and actaully does something useful like find prime numbers  

 This coin had a good run but I just think there are now much better coins with active devs that could use our support and offer a better reward .

Just my two yacs lol

XPM sure is nice, but it doesn't have POS...only an innovative POW, and it's really complicated for it to move forward the way difficulty works.

Right now, there are so many alt coins out there, most people are hoping from coin to coin (including litecoin).  Once the price of BTC settles down, and people begin to start mining for long-term profit (instead of which ever coin is the highest on the profitability chart that day), I think we will see a (large) increase to our continuous mining community.

I think the result will be a higher difficultly for the coin, which will in return decrease the number of coins generated per block, which will increase the value of YAC.   I have all of my mining rigs mining YAC and I'm differently taking advantage of the low prices.