[ANN][YAC] YACoin ongoing development

[X68N]

maybe we need a fundraiser thread for YAC , like the DGC dev did?

[ilostcoins]

I feel those holding over 100k YAC should try to get it more exposure, such as paying profit comparison website to accommodate it despite any such comparison is by nature more difficult and rough. Someone with 300K YAC can substantially increase his net worth by using 100k of it smartly. May be a fundraising thread can help these people stay behind the scene if they so choose. You can't get enough to achieve much without support of these big holders. Of course, small holders like me should also chip in a bit to make it look like a popular event.

There are also a couple of things I hope future updates to the YAC client can include.

1) Difficulty adjustment should happen much faster after N change. As it is, after an N increase moment, there is a period where coin mining becomes much harder. I remember the block times went from the intended 1 minute to like 2-3 minutes after the last N change. Yacoins mined greatly decreased for that period. I also stayed away until the block time came back down. By then, the pool I use have less than half the number of miners as before N change. Those people haven't come back.

2) While I personally think the total quantity of Yacoin generated with POW isn't out of line (see my post above), there is genuine confusion and concern about that. If Yacoin is to be popular, the amount that can be mined decades from now will be very small compared with what we're getting now. We may as well just put the "potentially infinite amount of POW generated coins" to bed by stopping POW after, e.g., 30 years. POS should make that viable. That could help some potential investors feel more comfortable without changing the basic design too much.

[cycloid]

personally I want to see the price go MUCH lower in the next little while, so I can pick up another 100k for 10btc

[igysa]

N has had 0 effect on the price in the past, what makes you think it will effect it now?

In my personal observation, every time N changed, price dropped lower as more and more miners gave up on it after seeing their hash rate drop.

I think you are wrong about N change and price drop, as yes, it happened last time N changed,  but I would say it was vice versa in most of the previous cases ...

I guess we all know that After next N change it will became almost impossible to mine YAC on GPU-s (cause of RAM limit, and higher needed TC which doesn’t comply).. this will prevent dumps that are happening now (as YAC was really the most profitable coin out there when YAC GPU mining came out even thou not listed on Coinchoose, and in last 10 days or so it is especially profitable as diff is so low)..’people were just dumping their daily YAC as still it was more profitable day after day  then any LTC, DGC, or don’t know what..

 it’s simple law of the market.. price must go up as there will be shortage in YAC supplies for at least 4-5 days until miners find out some better way to mine it, and in that time I expect price to go up high, and also those who are buying in last 15 days or so really big supplies of YAC are surely planning to make a profit later , so expect big pumps of YAC (me included).. Also remember that someone was buying BIG YAC on prices that are two time or more then now just 30-40 days ago..

.. for every thing there is a reason.. I strongly believe that who buys YAC now should expect good profit during the August.

[igysa]

YAC UP again, this time for good I think, wery thin sell walls after 0.0002 it shoulg go pretty high this time ! buy cheap YAC on Cryptsy !

[ivanlabrie]

YAC UP again, this time for good I think, wery thin sell walls after 0.0002 it shoulg go pretty high this time ! buy cheap YAC on Cryptsy !

I'm gonna buy some btc with cash for that

[aso118]

Bringing up an older topic....

- I would hope Windmaster would call his source official.

Probably an interesting point to open for discussion.  Does anyone object to calling my version of the client official?  Certainly it's not the original client, and I'm also not the original developer.  Thoughts everyone?

While it is not the original client is has become the official client after the original dev went MiA.

So it should be called "official client".  

I think we all agree WindMaster is the official developer of YACoin.  How would we go about updating the website to reflect this?  The latest wallet on the site is still 'unofficial' and is still rocking the novacoin logo.  I think a large percentage of the community doesn't realize that we DO have an active developer.  I think this is why so many heads turned when YBC was released....

[igysa]

enormous buy wall on Cryptsy  at  0.00024000 YAC BTC    

[eule]

enormous buy wall on Cryptsy  at  0.00024000 YAC BTC     

40btc @ 0.00021
Who would want to sell so cheap?  
edit: N-change soon http://muuttuja.org/yacoin/countdown/

[ivanlabrie]

enormous buy wall on Cryptsy  at  0.00024000 YAC BTC     

40btc @ 0.00021
Who would want to sell so cheap?  
edit: N-change soon http://muuttuja.org/yacoin/countdown/

Someone who wants to buy more cheap, before it's late?
Guys, can you point me to a technical analysis site or soft for other coins and exchanges? I tried cryptfolio for ltc/btc trading and it worked great for me.

[igysa]

Someone who wants to buy more cheap, before it's late?
Guys, can you point me to a technical analysis site or soft for other coins and exchanges? I tried cryptfolio for ltc/btc trading and it worked great for me.

http://coinmarketcap.com/
maybe

[ivanlabrie]

Someone who wants to buy more cheap, before it's late?
Guys, can you point me to a technical analysis site or soft for other coins and exchanges? I tried cryptfolio for ltc/btc trading and it worked great for me.

http://coinmarketcap.com/
maybe

Nope, not that...I need to apply technical indicators like simple moving average, stuff like that, to the data generated by the exchange sites API keys.

[ilostcoins]

Does the SSSE3 CPU miner released in the early days still work? I just tried it with a pool and it doesn't seem to connect. My GPU miner can connect to the pool totally fine.

Any other good miner for the higher N future?

[Thirtybird]

Does the SSSE3 CPU miner released in the early days still work? I just tried it with a pool and it doesn't seem to connect. My GPU miner can connect to the pool totally fine.

Any other good miner for the higher N future?

You should try and grab one of the newer compiles - they offer a speed improvement as long as you select the correct architecture, and the SSSE3 and AVX versions both work for sure.  That being said, I can't see why an older version would fail to connect unless you are pointing it at a pool that is no longer around.

[ilostcoins]

The pool is good and I'm using it with a GPU miner. Well, I guess I still have plenty of time to figure it out because GPU mining should still be the more cost effective option after the coming N change.


Yacoin look-alikes are coming out in droves these days. I see that as a kind of validation for the concept behind Yacoin. However, YAC, the original is still so cheap!  If people want a stake in the concept, they can still get plenty of YAC cheaply and easily. 

[alenevaa]

Nfactor has just changed! Nfactor is 12 now.

[ivanlabrie]

Nice! Just in time for my i7 3820...should be up and running this weekend.

[sva_h4cky0]

so GPU miner is dead??? 

[eule]

Nope, my 5770 is happily hashing @ 12.25kH. Try intensity 10 (or maybe even lower) and play around with thread concurrency.

[3dcgminer]

GPU is still 5x faster than CPU, but both are really slow at N=12.