alenevaa
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November 10, 2015, 01:57:11 PM Last edit: November 11, 2015, 07:32:46 AM by alenevaa |
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Why does the N factor need to change like this...what is the benefit?
I think primary goal was protection against ASIC. With such scheme no ASIC/FPGA devices can be made for mining. And secondary goal was to make more even distribution. With every Nfactor changing, different type of hardware is more preferable for mining. Therefore, YACoin is one of the very few alt coins that can be mined efficiently on a CPU. This means that almost anyone can be part of the YACoin mining community!
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Beave162
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November 12, 2015, 10:28:42 AM |
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Incrementing N will lead to immediate hashing speed decrease. Difficulty will reflect these speed changes (i.e. difficulty will decrease after N++) with lags. As soon as block reward depends on difficulty the reward will increase also and more miners will be motivated to join after N++. It's not easy to predict now but we can be sure that some waves will happen on each N++ event.
I think it is important to not that last part "we can be sure that some waves will happen on each N++ event." NFactor changes have had a negative effect in the beginning, mainly because miners became disenchanted with having to adjust settings, and increasing block rewards made it seem that early sacrifices didn't pay off. The great thing is that the NFactor makes it like going from sha-256 to scrypt to X11 and so forth... the algorithm changes on a SET schedule, which generally leads to different hardware that is most optimal for 'mining'. Unlike the flawed thinking in other crypto communities (a disease really), where a few power-hungry people control and manipulate the algorithm for their best interest or to whatever is the flavor of the month, YACoin's changing algorithm is on a SET schedule, and it hasn't been changed since inception years ago. Some predictability is important. What is interesting right now is that the reward per block has reached the max that is set in the code (100 YAC per block). If the difficulty drops 100 fold, the block rewards will not change, unlike what has occurred up to this point at each NFactor change. An optimistic note is that new CPUs and GPUs that are developed hence forth by mainstream, computer-tech companies can only benefit the YAC network and the marketcap and any new interest. I think an 'altcoin' shouldn't strive to be 2nd, 3rd, 4th, etc to Bitcoin... it should strive to be BETTER than Bitcoin. There is a lot of room for improvement technically and fundamentally, but if a coin ever surpasses Bitcoin, it will be through mass appeal to a wider audience that Bitcoin is failing to do on many levels.
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YaCoin: YL5kf54wPPXKsXd5T18xCaNkyUsS1DgY7z BitCoin: 14PFbLyUdTyxZg3V8hnvj5VXkx3dhthmDj
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aso118b
Newbie
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November 25, 2015, 11:18:17 PM |
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What is interesting right now is that the reward per block has reached the max that is set in the code (100 YAC per block). If the difficulty drops 100 fold, the block rewards will not change, unlike what has occurred up to this point at each NFactor change.
As an update; according to the pool and wallet statistics it appears the block reward has fallen to 95 coins per block (and is still dropping). Looks like there is some serious mining power being added to cause this increase in block difficultly!
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NineEleven
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January 12, 2016, 06:20:53 PM |
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I is there any echange where i can trade some yac? cryptsy seem's to much goxed
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old c coder
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January 12, 2016, 09:36:04 PM |
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I is there any echange where i can trade some yac? cryptsy seem's to much goxed See the bottom of https://www.yacoin.org/tech.htmlRon
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LTC: LUYiMVsrFQewUSPDasSKGzhyTPAkiTeSov BTC: 1DPvP6WoZzaNQ9Nxzd64hjYad1kyQzTTbx YAC: Y3ZggXDvnRJaRwtVGyGJwt6DMLN3EPQpQf The day is coming when a single carrot, freshly observed, will set off a revolution. Paul Cezanne
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Beave162
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January 12, 2016, 09:59:24 PM |
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I is there any echange where i can trade some yac? cryptsy seem's to much goxed What's happening with Cryptsy now?
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YaCoin: YL5kf54wPPXKsXd5T18xCaNkyUsS1DgY7z BitCoin: 14PFbLyUdTyxZg3V8hnvj5VXkx3dhthmDj
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NineEleven
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January 13, 2016, 02:51:41 PM |
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I is there any echange where i can trade some yac? cryptsy seem's to much goxed What's happening with Cryptsy now? Probably insolvent BTC / LTC / DASH withdraw not woking simve begining of December By the way allCryp is dead BTER é cant create a YAC address It Says : New address is being generated for you, please wait a moment and refresh this page. But it never creates Whithout cryptsy there no exchange for yac
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Beave162
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January 14, 2016, 04:19:57 AM |
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I is there any echange where i can trade some yac? cryptsy seem's to much goxed What's happening with Cryptsy now? Probably insolvent BTC / LTC / DASH withdraw not woking simve begining of December By the way allCryp is dead BTER é cant create a YAC address It Says : New address is being generated for you, please wait a moment and refresh this page. But it never creates Whithout cryptsy there no exchange for yac I wasn't aware of the BTER problem. I do know that they stole $5000 dollars worth of coins from me a while back. I don't forget that. I'll have to try a very small BTC withdrawal from Cryptsy when they resume withdrawals after this recent phishing attack. I can say that I withdrew YAC a couple days ago, and it processed just fine. But most importantly... --YAC-only Exchange - 214,349 YACDonate to bounty here: YLNhNhRVspJMZLBN4PcSjkLsVTd3TMaq7Rhttps://forum.yacoin.org/index.php?topic=745.0
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YaCoin: YL5kf54wPPXKsXd5T18xCaNkyUsS1DgY7z BitCoin: 14PFbLyUdTyxZg3V8hnvj5VXkx3dhthmDj
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Beave162
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January 15, 2016, 08:40:22 AM |
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I is there any echange where i can trade some yac? cryptsy seem's to much goxed What's happening with Cryptsy now? Probably insolvent BTC / LTC / DASH withdraw not woking simve begining of December By the way allCryp is dead BTER é cant create a YAC address It Says : New address is being generated for you, please wait a moment and refresh this page. But it never creates Whithout cryptsy there no exchange for yac I'll have to try a very small BTC withdrawal from Cryptsy when they resume withdrawals after this recent phishing attack. I can say that I withdrew YAC a couple days ago, and it processed just fine. Well... nevermind
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YaCoin: YL5kf54wPPXKsXd5T18xCaNkyUsS1DgY7z BitCoin: 14PFbLyUdTyxZg3V8hnvj5VXkx3dhthmDj
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bitdwarf
Sr. Member
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The cryptocoin watcher
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January 15, 2016, 01:20:26 PM |
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Makes you wonder how many YAC are stuck in cryptsy right now.
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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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Beave162
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January 17, 2016, 04:28:25 AM |
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Until someone fulfills the YAC-only Exchange Bounty, YACoin needs to get on another exchange. Does anyone have any ideas, prospects?
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YaCoin: YL5kf54wPPXKsXd5T18xCaNkyUsS1DgY7z BitCoin: 14PFbLyUdTyxZg3V8hnvj5VXkx3dhthmDj
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arkhimed
Newbie
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Activity: 14
Merit: 0
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January 17, 2016, 01:35:55 PM |
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Until someone fulfills the YAC-only Exchange Bounty, YACoin needs to get on another exchange. Does anyone have any ideas, prospects?
I think this question should be addressed to the biggest wallet owner.
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hanzac
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January 17, 2016, 02:13:55 PM |
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Is there anyone willing to ask Bter.com to fix the YAC deposit problem? I think currently Bter.com is reliable for they are running the service for a long time after the previous attack.
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Beave162
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January 17, 2016, 07:24:01 PM |
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Is there anyone willing to ask Bter.com to fix the YAC deposit problem? I think currently Bter.com is reliable for they are running the service for a long time after the previous attack.
BTER flat out STOLE $5000 worth of coins from me a couple years ago. I would not be the one to address them even if I wanted to. It would be preferable to be on an exchange with a good reputation, but unfortunately, that is asking for a lot nowadays... shapeshift.io would be one option? We would need multiple people asking to add it. It does not matter if one is a 'dev' or one of the "biggest wallet owners." The number of people asking (in a professional manner) will matter the most. Until the YAC-only Exchange Bounty is fulfilled (or until perhaps there is an innovative alternative to the typical exchange model), YAC needs to be added to some exchange out there.
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YaCoin: YL5kf54wPPXKsXd5T18xCaNkyUsS1DgY7z BitCoin: 14PFbLyUdTyxZg3V8hnvj5VXkx3dhthmDj
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Etern4l
Newbie
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Activity: 26
Merit: 0
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January 18, 2016, 05:58:59 AM |
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I've both sent a ticket and wrote and email to bter about yac and no answer for 15+ hours... So yea...
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Beave162
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January 18, 2016, 07:07:03 AM Last edit: January 18, 2016, 11:32:23 AM by Beave162 |
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I've both sent a ticket and wrote and email to bter about yac and no answer for 15+ hours... So yea...
I can tell you the best method is to use the QQ chat program.
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YaCoin: YL5kf54wPPXKsXd5T18xCaNkyUsS1DgY7z BitCoin: 14PFbLyUdTyxZg3V8hnvj5VXkx3dhthmDj
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NineEleven
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January 18, 2016, 11:28:30 AM |
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Bittrex would be nice
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arkhimed
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January 18, 2016, 02:30:58 PM |
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1. Cryptsy has been “goxed”. 2. Bter has got low volume.
There is only BTC-E. What do BTC-E's owners say about Yacoin? Has somebody dealt with them?
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Etern4l
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January 18, 2016, 05:50:12 PM |
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BTC 38 is pretty decent option too and judging by my experience with them they have one of the best supports. Plus they had pretty every scrypt chacha coin at one point.
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