[ANN][YAC] YACoin ongoing development

[sairon]

Regarding the total supply - this is from sairon :

That's theoretically unlimited capped at 2,000,000,000 coins. However, transaction fees are destroyed instead of distributed to miners and proof-of-work block reward decreases with increasing difficulty. So IMHO it will find its equilibrium somewhere lower.

not true, there's no coin supply limit. the 2 bil limitation applies only to a single input.
that said, the equilibrium part still holds. it all depends on how the tx volume, pow supply and pos supply balance out.

I am going to use one word to describe coin supply. Would you like infinite or unlimited?

unlimited describes it much better than infinite

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[Beave162]

Regarding the total supply - this is from sairon :

That's theoretically unlimited capped at 2,000,000,000 coins. However, transaction fees are destroyed instead of distributed to miners and proof-of-work block reward decreases with increasing difficulty. So IMHO it will find its equilibrium somewhere lower.

not true, there's no coin supply limit. the 2 bil limitation applies only to a single input.
that said, the equilibrium part still holds. it all depends on how the tx volume, pow supply and pos supply balance out.

I am going to use one word to describe coin supply. Would you like infinite or unlimited?

unlimited describes it much better than infinite

Thank you very much btc-mike. Is "no set limit" acceptable? Like with PPC, YACoin supply could eventually decrease due to transaction fees being destroyed.

[btc-mike]

YACoin is on the list, but I need info.

What is the total supply? That is blank in first post.

What exactly is the PoW algo? One part says Scrypt-N SHA-3, another says just Scrypt-N and in the next sentence talks about SHA-3 Keccak. Finally the miner uses Scrypt-chacha. I know the SHA-3 winner is Keccak but how does it fit into YACoin?

See this for PoW algorithm:
http://forum.yacoin.org/index.php?topic=322.msg1495#msg1495

...

According to above post post, the library is Scrypt Jane and Scrypt Chacha is one of the mix functions. The hash is Scrypt-Keccak512 with N increasing over time

I will call it whatever you want, but I think Scrypt Jane or ChaCha are incorrect.

[sairon]

YACoin is on the list, but I need info.

What is the total supply? That is blank in first post.

What exactly is the PoW algo? One part says Scrypt-N SHA-3, another says just Scrypt-N and in the next sentence talks about SHA-3 Keccak. Finally the miner uses Scrypt-chacha. I know the SHA-3 winner is Keccak but how does it fit into YACoin?

See this for PoW algorithm:
http://forum.yacoin.org/index.php?topic=322.msg1495#msg1495

...

According to above post post, the library is Scrypt Jane and Scrypt Chacha is one of the mix functions. The hash is Scrypt-Keccak512 with N increasing over time

I will call it whatever you want, but I think Scrypt Jane or ChaCha are incorrect.

call it scrypt-yac, it's got its own Nfactor schedule anyway

[btc-mike]

YACoin is on the list, but I need info.

What is the total supply? That is blank in first post.

What exactly is the PoW algo? One part says Scrypt-N SHA-3, another says just Scrypt-N and in the next sentence talks about SHA-3 Keccak. Finally the miner uses Scrypt-chacha. I know the SHA-3 winner is Keccak but how does it fit into YACoin?

See this for PoW algorithm:
http://forum.yacoin.org/index.php?topic=322.msg1495#msg1495

...

According to above post post, the library is Scrypt Jane and Scrypt Chacha is one of the mix functions. The hash is Scrypt-Keccak512 with N increasing over time

I will call it whatever you want, but I think Scrypt Jane or ChaCha are incorrect.

call it scrypt-yac, it's got its own Nfactor schedule anyway

Done.

If someone would write up a quick description, I will make a new page for Scrypt-YAC and make an entry here: http://cpucoinlist.com/cryptocurrency-algorithms/

[Thirtybird]

Hmmm, see, everyone has their own opinion on what to call it.  I refer to Windmaster's post on the matter as my argument for name

https://bitcointalk.org/index.php?topic=206577.msg2332885#msg2332885


regarding the N-Factor schedule - it's in use by no less than a dozen coins..


P.S. Sairon - any word on when the wiki will be back?

[ilostcoins]

Groko's been doing some work on the POS miner through the YACoin client.  Looks like he found a world around to some of the long-term concerns.  I thought I would share the link here to increase awareness.  I believe he recently made a pull request to have this items added to the sourcecode.

http://yacointalk.grokonet.com/t/pos-mining-performance-boost/67

More excellent additions by Groko! Well need some community consensus on this, so everyone that can, please provide your opinion.

I certainly prefer seeing coins combined than split. Since it doesn't fork the blockchain, if some unforeseen problems arise, it should be relatively easy to go back.

[alenevaa]

If someone would write up a quick description, I will make a new page for Scrypt-YAC and make an entry here: http://cpucoinlist.com/cryptocurrency-algorithms/

http://wiki.cryptsy.com/yac

[sairon]

P.S. Sairon - any word on when the wiki will be back?

wasn't my wiki

[Thirtybird]

P.S. Sairon - any word on when the wiki will be back?

wasn't my wiki

Sorry,  I could have sworn when there were issues with the domain name previously you were the one to resolve it.  Doig some post digging, looks like it's merjnk...

[Joe_Bauers]

P.S. Sairon - any word on when the wiki will be back?

wasn't my wiki

Sorry,  I could have sworn when there were issues with the domain name previously you were the one to resolve it.  Doig some post digging, looks like it's merjnk...

I'd be happy to add something new to the website if someone wants to pull to https://github.com/yacoin/yacoin.org

[xuxu1234]

I  LIKE  YACOIN   BUT  ,  Recently,IT'S More and more cheaper, and I  am no more confidence.,Sell all the coins !!!

[Joe_Bauers]

I  LIKE  YACOIN   BUT  ,  Recently,IT'S More and more cheaper, and I  am no more confidence.,Sell all the coins !!!

I will buy your coins.

[senj]

Groko's been doing some work on the POS miner through the YACoin client.  Looks like he found a world around to some of the long-term concerns.  I thought I would share the link here to increase awareness.  I believe he recently made a pull request to have this items added to the sourcecode.

http://yacointalk.grokonet.com/t/pos-mining-performance-boost/67

More excellent additions by Groko! Well need some community consensus on this, so everyone that can, please provide your opinion.

I certainly prefer seeing coins combined than split. Since it doesn't fork the blockchain, if some unforeseen problems arise, it should be relatively easy to go back.

I would also prefer combined coins over splitted. But I was hoping someone would at least comment information I mentioned here about possibility of upgrading yacoin with Proof of Activity or something similar.
Chaintrust problem is the biggest obstracle and without it this crypto won't be worth much. But nobody seems to care anymore about that.

Now I don't know how to fix it myself, but I was planning to offer my product/service for yacoin.
But this will not happen unless chaintrust deficiency get's fixed first (not forgotten).

[Joe_Bauers]

Groko's been doing some work on the POS miner through the YACoin client.  Looks like he found a world around to some of the long-term concerns.  I thought I would share the link here to increase awareness.  I believe he recently made a pull request to have this items added to the sourcecode.

http://yacointalk.grokonet.com/t/pos-mining-performance-boost/67

More excellent additions by Groko! Well need some community consensus on this, so everyone that can, please provide your opinion.

Still looking for an opinion for some of the bigger holders and old timers in the community.  YAC doesn't mix very well with dictator

[sairon]

Groko's been doing some work on the POS miner through the YACoin client.  Looks like he found a world around to some of the long-term concerns.  I thought I would share the link here to increase awareness.  I believe he recently made a pull request to have this items added to the sourcecode.

http://yacointalk.grokonet.com/t/pos-mining-performance-boost/67

More excellent additions by Groko! Well need some community consensus on this, so everyone that can, please provide your opinion.

Still looking for an opinion for some of the bigger holders and old timers in the community.  YAC doesn't mix very well with dictator

PoS doesn't secure the network now anyway, so I'd go with the more user-friendly option and that's not splitting the stake (although it's beyond me why all the people want it to be this way).

[WindMaster]

Still looking for an opinion for some of the bigger holders and old timers in the community.  YAC doesn't mix very well with dictator

I would tend to prefer that splitting not occur.

[lagur]

What do you think of GT 630 4GB for this coin?

[ivanlabrie]

What do you think of GT 630 4GB for this coin?

I think it won't mine too well...r7 240 4gb is faster.

[skytaper]

 It's time for renaissance now )))! Everybody dance and buy now)!