[ANN][YAC] YACoin ongoing development

[sairon]

Pushing CPU to 100% is not the right solution. Idea behind PoS is to use very little power to run the network, a so called eco-friendly cryptocoin.

Never said it's a solution. I proposed it as a troubleshooting procedure.

maybe you can add a new command like "pospriority" to yacoind / debug window to change the POS miner priority for testing purposes?

I've added a command-line only switch "-fastpos". Usage:

Code:

yacoin-qt -fastpos=1

Pull request created and I would build a windows binary, but I've accidentaly deleted my dev virtual machine...

[ivanlabrie]

Pushing CPU to 100% is not the right solution. Idea behind PoS is to use very little power to run the network, a so called eco-friendly cryptocoin.

Never said it's a solution. I proposed it as a troubleshooting procedure.

maybe you can add a new command like "pospriority" to yacoind / debug window to change the POS miner priority for testing purposes?

I've added a command-line only switch "-fastpos". Usage:

Code:

yacoin-qt -fastpos=1

Pull request created and I would build a windows binary, but I've accidentaly deleted my dev virtual machine...

Sweet!

A new build with fast startup and this switch would be nice. I'll try it as soon as it's done.

[forsetifox]

Once coins make it to 30 days a PoS block being made within 24 hours would be ideal IMO. My client took like 4-5 days to get one. =/

So speeding up the PoS minting and SHOWING via the CPU usage it's actually doing something would be good IMO..

[pmconrad]

So speeding up the PoS minting and SHOWING via the CPU usage it's actually doing something would be good IMO..

No! That's totally against the whole point of PoS minting.

Besides, it wouldn't change anything in the long run, because an increase in PoS computing power would eventually lead to a higher PoS difficulty.

[Joe_Bauers]

I did see this happen a few times in my wallet - where several small transactions merged through a POS block and ended ~11 YAC in size.   I did have a POS that didn't again recently.

http://yacexplorer.tk/tx/996917e79b248e35cb4c5f98df7e7cda6a5bd1caf1dcb908e2f871fe51681dbf#i0

I'm not sure why sometimes it will merge small transactions, and other times it doesn't.   As you can see from the link above, when it doesn't merge with another transaction, any profit is lost.

IMHO that's a rounding "error". The minimum PoS reward is 0.01 YAC (at least I think it is) and if your reward is below that, you get nothing. Are you sure you had multiple sufficiently small inputs on a single address (beware of change addresses!) when you minted that block?

EDIT: BTW, is the new logo already added in the official repo? If not, can someone please make those so I can build a new wallet with all the bells and whistles not yet included in joe's repo? Need 16x16, 32x32, 48x48, 80x80, 128x128, 256x256 px PNG logo and 48x48 ICO icon.

EDIT2: Found most of the images on github, just need the 256x256 px PNG. Also, fuck... I've deleted my dev virtual machine. -.-"

I see your edit so it looks like you've found them, but for everyone that isn't aware, all of the new images and logos are here:
https://github.com/yacoin/yacoin/releases/tag/testing_0.4.1-b   Also, the 256x256 is yacoin.png 

This is a testing release that contains coin control, the icons and images, and many other updates and will likely be the next stable release soon. So, test it out if able. 

[ilostcoins]

...
What happens if person does not bother generating PoS blocks for let's say 2 years? Does he or she gets the same PoS reward as persons who
were PoS mining every 30 days in same period of time?
...

I think "coinage" is capped at 3 months. So, 10-month-old coins are just like 3-months-old. Waiting a year or two before starting up the client again will be missing the chance for some of the interest that could be generated.

Beyond that, much of POS are still quite mysterious to me.

[St.Bit]

This is a testing release that contains coin control, the icons and images, and many other updates and will likely be the next stable release soon. So, test it out if able. 

Great. Any chance the DB update will make it aswell?

[Joe_Bauers]

This is a testing release that contains coin control, the icons and images, and many other updates and will likely be the next stable release soon. So, test it out if able. 

Great. Any chance the DB update will make it aswell?

Unfortunately not, but absolutely for 0.4.2 

[sairon]

So speeding up the PoS minting and SHOWING via the CPU usage it's actually doing something would be good IMO..

No! That's totally against the whole point of PoS minting.

Besides, it wouldn't change anything in the long run, because an increase in PoS computing power would eventually lead to a higher PoS difficulty.

It wouldn't affect PoS diff at all when averaged over a few blocks. It's just a waste of electricity if you have your client running 24/7 anyways (but can actually save electricity when you launch your pc for just a few minutes to get your PoS rewards).

...
What happens if person does not bother generating PoS blocks for let's say 2 years? Does he or she gets the same PoS reward as persons who
were PoS mining every 30 days in same period of time?
...

I think "coinage" is capped at 3 months. So, 10-month-old coins are just like 3-months-old. Waiting a year or two before starting up the client again will be missing the chance for some of the interest that could be generated.

That's right.

[pmconrad]

So speeding up the PoS minting and SHOWING via the CPU usage it's actually doing something would be good IMO..

No! That's totally against the whole point of PoS minting.

Besides, it wouldn't change anything in the long run, because an increase in PoS computing power would eventually lead to a higher PoS difficulty.

It wouldn't affect PoS diff at all when averaged over a few blocks.

Think globally. A single client using lots of hashpower to generate PoS blocks with only a few coins in the wallet won't change the difficulty much.
But if you change the official client to speed up PoS minting, then everybody will use the higher hashrate, and then difficulty will rise.

 It's just a waste of electricity if you have your client running 24/7 anyways (but can actually save electricity when you launch your pc for just a few minutes to get your PoS rewards).

True.

[ivanlabrie]

Is it a good idea to send all my coins to a new address to start POS minting?
I switched to Ubuntu now, and I have my old .dat file and also can dual boot win, so I was thinking of doing that.

[Thirtybird]

Is it a good idea to send all my coins to a new address to start POS minting?
I switched to Ubuntu now, and I have my old .dat file and also can dual boot win, so I was thinking of doing that.

If you send them to a new address, the POS mining date starts over - I would just use the old wallet.

[pmconrad]

Is it a good idea to send all my coins to a new address to start POS minting?
I switched to Ubuntu now, and I have my old .dat file and also can dual boot win, so I was thinking of doing that.

You need at least 10 YAC per address, so this may be required if you have lots of small change on different addresses.

[ivanlabrie]

Is it a good idea to send all my coins to a new address to start POS minting?
I switched to Ubuntu now, and I have my old .dat file and also can dual boot win, so I was thinking of doing that.

If you send them to a new address, the POS mining date starts over - I would just use the old wallet.

I thought the small transactions would be worse, since I mined most of the coins, then bought some more.

How can I import my wallet dat? Just copy and place it inside the yacoin folder in my home directory?

[SirMintALot]

I would dump the privkey of your YAC adress

Code:

dumpprivkey <yacoinadress>

and then import it on the new machine

Code:

importprivkey <yacoinprivkey> [label]

after that yacoin usually crashes (at least it always did when I imported vanitygen adresses), but when you restart yacoin the new adress should be added to it

[Joe_Bauers]

Is it a good idea to send all my coins to a new address to start POS minting?
I switched to Ubuntu now, and I have my old .dat file and also can dual boot win, so I was thinking of doing that.

If you send them to a new address, the POS mining date starts over - I would just use the old wallet.

I thought the small transactions would be worse, since I mined most of the coins, then bought some more.

How can I import my wallet dat? Just copy and place it inside the yacoin folder in my home directory?

If you've already compiled YACoin in Ubuntu, then replace the wallet.dat in .yacoin That's a hidden folder, so you will need to show hidden folder in whatever file manager you have.

If you haven't compiled yet, just create a .yacoin folder in home and copy your wallet.dat there. Then compile.  

[ivanlabrie]

I've compiled it, and optimized with native/O3 flags lol (doubt it'll help with PoS)
I'll try copying my .dat, seems simple enough.

Thanks guys!

[St.Bit]

Back to YACoin logo debate. The reason ...

At first it was entertaining, but now it's just anoying.

Everyone was heard and could post ideas, we decided that we will vote here on the logo and we voted. No further reasoning needed.

[SirMintALot]

New logo is way too generic and trendy, and now practically replicated and to be used with another altcoin. No problem? If so, you are idiot.

+1

it just looks like yet another bullshit coin logo. I like the Yak because it is different and etablished since a while. I can understand people liking the hexagonal logos, because they are also different than standard junk logos and you can recognise it quickly. But think about he new logo: When someone uses this logo in a shop that accepts lots of different coins, lots of s people will miss the YACoin Logo because it looks like every other coin. People will end up paying with bitcon, litecoin or whatever just because they didnt see that also YACoin is accepted. IMHO it is just dumb and doing no good to YACoin when this logo is used (especially if main pages like Yacoin.org and Yacointalk.com stick to the old logo).

[sairon]

So speeding up the PoS minting and SHOWING via the CPU usage it's actually doing something would be good IMO..

No! That's totally against the whole point of PoS minting.

Besides, it wouldn't change anything in the long run, because an increase in PoS computing power would eventually lead to a higher PoS difficulty.

It wouldn't affect PoS diff at all when averaged over a few blocks.

Think globally. A single client using lots of hashpower to generate PoS blocks with only a few coins in the wallet won't change the difficulty much.
But if you change the official client to speed up PoS minting, then everybody will use the higher hashrate, and then difficulty will rise.

You can mint as much PoS blocks as you have PoS-eligible inputs - and that takes time. A lot of time. (Also, I've got a feeling that PoS diff is static.)