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Author Topic: [ANN][YAC] YACoin ongoing development  (Read 338016 times)
Beave162
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April 27, 2014, 06:50:08 AM
 #2061

i download the 4.3wallet(windows) but always out sync

Mine works great... maybe try re-downloading?

YaCoin: YL5kf54wPPXKsXd5T18xCaNkyUsS1DgY7z 
BitCoin: 14PFbLyUdTyxZg3V8hnvj5VXkx3dhthmDj
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ziliao
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April 27, 2014, 07:02:33 AM
 #2062

i download the 4.3wallet(windows) but always out sync

Mine works great... maybe try re-downloading?
Already re-downloading,still out sync
Beave162
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April 27, 2014, 07:12:04 AM
 #2063

Did you delete everything except wallet.dat? I don't know if you are familiar with App Data folder... It is strange for it to be a problem with you, but perfectly fine on my windows 8 computer...

YaCoin: YL5kf54wPPXKsXd5T18xCaNkyUsS1DgY7z 
BitCoin: 14PFbLyUdTyxZg3V8hnvj5VXkx3dhthmDj
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April 27, 2014, 08:09:11 AM
 #2064

Did you delete everything except wallet.dat? I don't know if you are familiar with App Data folder... It is strange for it to be a problem with you, but perfectly fine on my windows 8 computer...
yes,delete everything at \AppData\Roaming\yacoin
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April 27, 2014, 08:34:53 AM
 #2065

or, you know, you just have to wait for the blockchain to actually download
 Huh

GPG key ID: 5E4F108A || BTC: 1hoardyponb9AMWhyA28DZb5n5g2bRY8v
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April 28, 2014, 12:59:41 PM
 #2066

I'm not visiting this forum very often these days. The great flood of whatever-to-get-attention-coins in recent months has worn me out.  Undecided

Just want to say the change in OP looks good and a multipool that pays in YAC would be great. If someone makes it happen, I'll use it gratefully.  Smiley

LTC: LSyqwk4YbhBRtkrUy8NRdKXFoUcgVpu8Qb   NVC: 4HtynfYVyRYo6yM8BTAqyNYwqiucfoPqFW   TAG id: 4313
CMC: CAHrzqveVm9UxGm7PZtT4uj6su4suxKzZv   YAC: Y9m5S7M24sdkjdwxnA9GZpPez6k6EqUjUt
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April 28, 2014, 04:08:56 PM
 #2067

You can add this thread to your Watchlist and that way get a small list of threads you want to follow. "watch" link should be right next to reply and notify

https://bitcointalk.org/index.php?action=watchlist
bitcoinvideos
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April 30, 2014, 09:50:33 PM
 #2068

You can add this thread to your Watchlist and that way get a small list of threads you want to follow. "watch" link should be right next to reply and notify

https://bitcointalk.org/index.php?action=watchlist

That's exactly what I do. That way I can filter out the junk!
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May 01, 2014, 07:10:08 PM
 #2069

no total coins supply ? Any guess ?
sairon
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May 01, 2014, 09:05:54 PM
 #2070

no total coins supply ? Any guess ?
TL;DR: unlimited

reasons:
* no block reward halving as in bitcoin, the reward is simply inversly proportional to current difficulty (max possible yearly supply growth is 52`596`000 coins)
* proof of stake minting also increases the total coin supply (at a max possible rate of 5% per year for the whole network)

so the worst-case scenario (inflation-wise) for a one year period is a supply growth of roughly 52.6 million (lowest possible PoW difficulty) + 5% of all previously minted coins (everyone is just hoarding and PoS minting) Smiley

(the calculation above does not account for interest generated from coins minted in the "current" year for the sake of simplicity)

however, the maximum amount of coins that can be sent in a single transaction output is limited to 2`000`000`000 coins (defined in the code as MAX_MONEY constant - so I assume some people incorrectly assume that's the coin supply cap Smiley )

GPG key ID: 5E4F108A || BTC: 1hoardyponb9AMWhyA28DZb5n5g2bRY8v
canonsburg
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May 01, 2014, 09:33:45 PM
 #2071

Any thoughts on the price of YAC?

Its at about half of when I first started. I know the next Nfactor change is coming is about 29 day.
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May 01, 2014, 09:36:35 PM
 #2072

Any thoughts on the price of YAC?

Its at about half of when I first started. I know the next Nfactor change is coming is about 29 day.

THE PRICE OF YACOIN

IS TOO DAMN LOW

 Roll Eyes

GPG key ID: 5E4F108A || BTC: 1hoardyponb9AMWhyA28DZb5n5g2bRY8v
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May 01, 2014, 09:52:53 PM
 #2073

Hey,

I have a feeling that people are afraid of nfactor 14. Is there any faq, or how-to-mine for newbies that I could promote?

https://whattomine.com - Check what to mine Smiley | BTC: 1FanqAfDSCvQwzChwnvF3VGd9GTNV4n1tL | ETH: 0x932b9db891587dfae6f5d98cb27e7844a75160ba
sairon
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May 01, 2014, 10:05:51 PM
 #2074

Hey,

I have a feeling that people are afraid of nfactor 14. Is there any faq, or how-to-mine for newbies that I could promote?

sure, here's a short FAQ

Q: OMG I GOT 50x LOWER HASHRATE WITH YAC THAN I HAVE WITH LTC!!!!1
A: don't look at hashrates, compare your daily profits (learn2math)

GPG key ID: 5E4F108A || BTC: 1hoardyponb9AMWhyA28DZb5n5g2bRY8v
Beave162
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May 01, 2014, 11:22:36 PM
 #2075

no total coins supply ? Any guess ?
TL;DR: unlimited

reasons:
* no block reward halving as in bitcoin, the reward is simply inversly proportional to current difficulty (max possible yearly supply growth is 52`596`000 coins)
* proof of stake minting also increases the total coin supply (at a max possible rate of 5% per year for the whole network)

so the worst-case scenario (inflation-wise) for a one year period is a supply growth of roughly 52.6 million (lowest possible PoW difficulty) + 5% of all previously minted coins (everyone is just hoarding and PoS minting) Smiley

(the calculation above does not account for interest generated from coins minted in the "current" year for the sake of simplicity)

however, the maximum amount of coins that can be sent in a single transaction output is limited to 2`000`000`000 coins (defined in the code as MAX_MONEY constant - so I assume some people incorrectly assume that's the coin supply cap Smiley )

I feel like the word 'unlimited' should be avoided--political correctness Smiley. I like 'no predetermined limit'. A limit theoretically could be reached and total coins could even decline since transaction fees are destroyed.

It is the same as Peercoin except:
1) YAC POS around 5% max annual inflation rate; PPC around 1%
2) POW block reward increases with each NFactor change assuming miners constant

I like this explanation: "Long answer: Unlike bitcoin, ppcoin does not have a fixed money supply cap. However this does not mean that ppcoin is significantly more inflationary than Bitcoin. The minting design attempts to better mimick gold than Bitcoin does in our opinion. Gold does not have a known money supply cap either, but we know it's reliably scarce. For many years annual inflation of gold is around 1-3%. In ppcoin there are two types of minting, proof-of-work and proof-of-stake. The proof-of-work minting rate is regulated by Moore's Law, which dictates that our ability in proof-of-work grows exponentially. We are aware that Moore's Law eventually has to end, but by that time inflation in ppcoin is likely already approaching gold's level. The proof-of-stake minting introduces at most 1% annual inflation. Meanwhile ppcoin's transaction fees are destroyed to counterbalance these inflationary forces. So overall ppcoin's minting design is still a very low future-inflation design comparable to Bitcoin.
There is a 2-billion coin max value in the source code, however that is only used for consistency checking and is not meant to be part of the minting design."

http://www.reddit.com/r/ppcoin/comments/1bv4dt/what_is_ppcoins_coin_cap_easy_to_understand/

Good discussion on economic implications:
http://www.peercointalk.org/index.php?topic=187.0

YaCoin: YL5kf54wPPXKsXd5T18xCaNkyUsS1DgY7z 
BitCoin: 14PFbLyUdTyxZg3V8hnvj5VXkx3dhthmDj
Beave162
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May 01, 2014, 11:36:46 PM
 #2076

Any thoughts on the price of YAC?

Its at about half of when I first started. I know the next Nfactor change is coming is about 29 day.

The slow, insidious decline... reminds me of LTC right before it shot up from $1.6 to over $48. A lot of people would rather hold on to bitcoin (or USD) rather than yac, which is understandable. I think it is just a lottery to guess where the bottom will be (and when to sell on the way up!). I don't like this low volume though.

Hey,

I have a feeling that people are afraid of nfactor 14. Is there any faq, or how-to-mine for newbies that I could promote?

sure, here's a short FAQ

Q: OMG I GOT 50x LOWER HASHRATE WITH YAC THAN I HAVE WITH LTC!!!!1
A: don't look at hashrates, compare your daily profits (learn2math)

A newbie like my parents? Or a newbie like an UltraCoin cult member?

It would be awesome to have mining software that automatically detects your hardware and just takes care of the rest. Then parlay that into a multipool (which includes many coins of all algorithms) that pays out in YAC. game. set. match.

YaCoin: YL5kf54wPPXKsXd5T18xCaNkyUsS1DgY7z 
BitCoin: 14PFbLyUdTyxZg3V8hnvj5VXkx3dhthmDj
fredeq
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May 02, 2014, 12:30:24 AM
 #2077

Haha that would be nice indeed.

Sairon I am serious people outside China are afraid to touch chacha. Nice little infographic FAQ would help you guys out, just sayin. If you ever do it, feel free to pm me.

https://whattomine.com - Check what to mine Smiley | BTC: 1FanqAfDSCvQwzChwnvF3VGd9GTNV4n1tL | ETH: 0x932b9db891587dfae6f5d98cb27e7844a75160ba
Joe_Bauers
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May 02, 2014, 01:05:29 AM
 #2078

Haha that would be nice indeed.

Sairon I am serious people outside China are afraid to touch chacha. Nice little infographic FAQ would help you guys out, just sayin. If you ever do it, feel free to pm me.

In case anyone wants to make changes for the website:  https://github.com/yacoin/yacoin.org   Wink
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May 02, 2014, 01:33:44 AM
 #2079

Haha that would be nice indeed.

Sairon I am serious people outside China are afraid to touch chacha. Nice little infographic FAQ would help you guys out, just sayin. If you ever do it, feel free to pm me.

In case anyone wants to make changes for the website:  https://github.com/yacoin/yacoin.org   Wink

One thing that would be great is if someone can generate google translate code @ https://translate.google.com/manager/website/
Beave162
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May 04, 2014, 11:34:37 PM
 #2080

There should be translations of the OP in many languages--yea, especially Chinese. I like how UltraCoin has that setup where you can just click the flag of a different country to get the respective translation.


For the meme contest, I've updated the rules on how the voting will go down and when the bounties will be awarded. The memes are pretty entertaining so far (I've used a couple myself), but there hasn't been a submission in weeks! Even at these extremely deflated prices, first place gets $50 USD worth of coin--for a picture.


http://forum.yacoin.org/index.php?topic=631.0
https://bitcointalk.org/index.php?topic=561040

YaCoin: YL5kf54wPPXKsXd5T18xCaNkyUsS1DgY7z 
BitCoin: 14PFbLyUdTyxZg3V8hnvj5VXkx3dhthmDj
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