[ANN][YAC] YACoin ongoing development

[Beave162]

YBCoin is no longer going to be a scrypt chacha coin so expect some of the miners to come either to yac or utc.
http://www.ybcoin.com/wp-content/files/New_YBCoin_Whitepater_V2.72_en.pdf

Ahhh, there is the whitepaper. Can someone much smarter than me explain a couple things... it isn't a fork right? It is a new YBCoin that can be exchanged with the old YBCoins, but people can still mine the old blockchain, right?

Is the entire switch supposed to occur by the 24th of November? Some of this info is lost in translation http://www.btc38.com/altcoin/ybc/4909.html

Virtual PoW just means a multipool with subsidies paid out to miners? People will always try to come up with schemes that they swear are win-win situations, creating value out of nothing. I like multipools, but they should be viewed for what they are: a marketing gimmick. What has fascinated me recently is the trend now toward centralization, to a single point of failure in the crypto-world.

Either way, I'd say this is incredible news for the future price of YAC. More miners equals higher difficulty equals lower PoW block reward. UTC isn't really comparable since it is at a different NFactor and the way the pools are setup, you are guaranteed to lose at least 3% of mining rewards.

[echo00114]

...
my yac lost ?

It seems coins got to the destination address:

http://explore.grokonet.com/?address=Y6VGzRr3c7HKkQT2kcGc3oYZPmvrj6Nypj
http://explorer.yacoin.net/address/Y6VGzRr3c7HKkQT2kcGc3oYZPmvrj6Nypj

Perhaps transaction wasn't accepted in the block right away.

Anyway you should contact bter if transfered funds aren't listed in your balance.

thanks  all ok only 8 hours late my tranfer
bye

[aso118]

YBCoin is no longer going to be a scrypt chacha coin so expect some of the miners to come either to yac or utc.
http://www.ybcoin.com/wp-content/files/New_YBCoin_Whitepater_V2.72_en.pdf

Ahhh, there is the whitepaper. Can someone much smarter than me explain a couple things... it isn't a fork right? It is a new YBCoin that can be exchanged with the old YBCoins, but people can still mine the old blockchain, right?

Is the entire switch supposed to occur by the 24th of November? Some of this info is lost in translation http://www.btc38.com/altcoin/ybc/4909.html

Virtual PoW just means a multipool with subsidies paid out to miners? People will always try to come up with schemes that they swear are win-win situations, creating value out of nothing. I like multipools, but they should be viewed for what they are: a marketing gimmick. What has fascinated me recently is the trend now toward centralization, to a single point of failure in the crypto-world.

Either way, I'd say this is incredible news for the future price of YAC. More miners equals higher difficulty equals lower PoW block reward. UTC isn't really comparable since it is at a different NFactor and the way the pools are setup, you are guaranteed to lose at least 3% of mining rewards.

This is interesting news.   btw - did we ever make a whitepaper for YAC?  I know there was some discussion about it before.

Should we start one in GitHub?

[Grim]

Just upgraded from win 7 to win 8.1 but yacminer wont accept my settings below anymore  
(amd driver is of course 13.12 for R7 240 4GB)

settings:

yacminer.exe --scrypt-chacha --buffer-size 3480 -w 64 -g 1 --rawintensity 1280 --lookup-gap 6



error message:

 [2014-11-26 00:55:30] GPU 0: bufsize for thread @ 3480MB based on buffer-size
 [2014-11-26 00:55:30] Maximum buffer memory device 0 supports says 536870912
 [2014-11-26 00:55:30] Your scrypt settings come to -645922816
 [2014-11-26 00:55:30] Error -61: clCreateBuffer (padbuffer8), decrease TC or increase LG
 [2014-11-26 00:55:30] Failed to init GPU thread 0, disabling device 0

[Grim]

GPU_MAX_ALLOC_PERCENT=100

fixed it

[lpedretti]

Try with older drivers(13.12).

This.  very much this.  If the config from the ultracoin site launches on your card, you will not get HW errors unless you're using drivers beyond 13.12. 

Best GPU for the money for mining YAC is still the R7 240 4GB sapphire card.  $70 card nets 365 -370 Hash/sec, and works perfectly fine with 1x risers.

As for how much one is making in a day, right now is _not_ a good time to determine that - the difficulty is still adjusting to the new network hashrate and hasn't hit its equilibrium value yet - look for it to hit ~90-100. 

Anybody tested r7 240 2gb? it's difficult to get the 4gb versions around here lately...

[Joe_Bauers]

YBCoin is no longer going to be a scrypt chacha coin so expect some of the miners to come either to yac or utc.
http://www.ybcoin.com/wp-content/files/New_YBCoin_Whitepater_V2.72_en.pdf

Ahhh, there is the whitepaper. Can someone much smarter than me explain a couple things... it isn't a fork right? It is a new YBCoin that can be exchanged with the old YBCoins, but people can still mine the old blockchain, right?

Is the entire switch supposed to occur by the 24th of November? Some of this info is lost in translation http://www.btc38.com/altcoin/ybc/4909.html

Virtual PoW just means a multipool with subsidies paid out to miners? People will always try to come up with schemes that they swear are win-win situations, creating value out of nothing. I like multipools, but they should be viewed for what they are: a marketing gimmick. What has fascinated me recently is the trend now toward centralization, to a single point of failure in the crypto-world.

Either way, I'd say this is incredible news for the future price of YAC. More miners equals higher difficulty equals lower PoW block reward. UTC isn't really comparable since it is at a different NFactor and the way the pools are setup, you are guaranteed to lose at least 3% of mining rewards.

This is interesting news.   btw - did we ever make a whitepaper for YAC?  I know there was some discussion about it before.

Should we start one in GitHub?

Yes, Github would probably be a good start. As far as I've seen, no one has started one yet.

[MemberCount+1]

Where is the new wallet update? Any new details about the development progress?

[Joe_Bauers]

Probably 90% I have been able to compile and run the new version, so should be soon.

[aso118]

I'd be happy to 'beta test' it if you wanted to try running it on another computer.

[majsta]

I can't get much more than 100h/s on 280x. Is that ok after last nfactor change? It seems to me that there is much room for improvements here regarding compatibility with new catalyst drivers.

[Beave162]

Bounty Announcement

100,000 YAC Bounty - Built-in Wallet Miner with Auto-tune, Auto-detect

Here are the basic requirements explained:

1) Built-In Miner - It is much more user friendly to have a one-stop program to mine, mint, send, manage YACoins. ThirtyBird's YACminer has done wonders improving and optimizing mining operations. Why not have his YACminer incorporated in the wallet itself? Also, allow for the minerd cpu miner to be utilized within the wallet as well as Nvidia card miners that are already out there.

2) Auto-tune - ThirtyBird has discussed and looked into this feature before. It is something that cudaminer already has done for NVidia cards. The idea here is to make it so one does not need to fool around to find close-to-optimum settings. I envision an 'Advanced' section can allow tweaks or troubleshooting. It doesn't have to be exactly optimum, but the goal is to lower the barrier to entry to allow a computer-illiterate to start mining right away, cost-effectively with ease.

3) Auto-detect - This concept may be the most difficult. Bitminter autodetects hardware through it's java application. This feature should detect every piece of hardware connected to the system that is capable of mining YAC--CPU and GPUs.

The bottom-line is that the software aspect of mining should be as easy, user-friendly as possible. Ideally, I could see a couple 'buttons' on the main wallet view with "Earn Interest" and "Earn through Computing Hardware" options. There could also be a wizard that pops up for entering pool information as necessary.

I would love to promote YAC to a wide audience, but mining software is at a point that turns off a lot of potential stakeholders. I think when people enjoy spending a lot of time working on computers and code, they tend to forget how foreign and complicated unappealing even the simplest tasks seem to a lot of people.

I imagine ThirtyBird, Joe_Bauers, Groko, old c coder could work together on this project, but I also hope more people will donate to the bounty to make it worth the interest of other intelligent people in the cryptoworld near the same caliber. It would open up a lot of doors in terms of marketing if it can be said YACoin is THE most user-friendly coin in crypto. Besides, it there a coin out there right now that favors CPU mining as much as YAC?

Per usual, the YACoin for the bounty will be kept in a specified address. Please feel free to help grow the bounty. Given my reputation, it is safe to say the coins will be kept safe and secure until the bounty if fulfilled. I will use my discretion and consult with other contributors of the bounty to make sure the intent is sufficiently fulfilled (ie there may be some room for creativity in the Autodetect feature). Any and all feedback will be appreciated. Thank you!

Bounty Address: YAA2QgGmKdzo31pg6iZBQNTF2xgRHmsVXw

**I tried posting on forum.yacoin.org, but I kept getting a 502 bad gateway error. If anyone can fix that, I will post on those forums.

[aso118]

Bounty Announcement

100,000 YAC Bounty - Built-in Wallet Miner with Autotune, Autodetect

Here are the basic requirements explained:

1) Built-In Miner - It is much more user friendly to have a one-stop program to mine, mint, send, manage YACoins. ThirtyBird's YACminer has done wonders improving and optimizing mining operations. Why not have his YACminer incorporated in the wallet itself? Also, allow for the minerd cpu miner to be utilized within the wallet as well as Nvidia card miners that are already out there.

2) Autotune - ThirtyBird has discussed and looked into this feature before. It is something that cudaminer already has done for NVidia cards. The idea here is to make it so one does not need to fool around to find close-to-optimum settings. I envision an 'Advanced' section can allow tweaks or troubleshooting. It doesn't have to be exactly optimum, but the goal is to lower the barrier to entry to allow a computer-illiterate to start mining right away, cost-effectively with ease.

3) Autodetect - This concept may be the most difficult. Bitminter autodetects hardware through it's java application. This feature should detect every piece of hardware connected to the system that is capable of mining YAC--CPU and GPUs.

The bottom-line is that the software aspect of mining should be as easy, user-friendly as possible. Ideally, I could see a couple 'buttons' on the main wallet view with "Earn Interest" and "Earn through Computing Hardware" options. There could also be a wizard that pops up for entering pool information as necessary.

I would love to promote YAC to a wide audience, but mining software is at a point that turns off a lot of potential stakeholders. I think when people enjoy spending a lot of time working on computers and code, they tend to forget how foreign and complicated unappealing even the simplest tasks seem to a lot of people.

I imagine ThirtyBird, Joe_Bauers, Groko, old c coder could work together on this project, but I also hope more people will donate to the bounty to make it worth the interest of other intelligent people in the cryptoworld near the same caliber. It would open up a lot of doors in terms of marketing if it can be said YACoin is THE most user-friendly coin in crypto. Besides, it there a coin out there right now that favors CPU mining as much as YAC?

Per usual, the YACoin for the bounty will be kept in a specified address. Please feel free to help grow the bounty. Given my reputation, it is safe to say the coins will be kept safe and secure until the bounty if fulfilled. I will use my discretion and consult with other contributors of the bounty to make sure the intent is sufficiently fulfilled (ie there may be some room for creativity in the Autodetect feature). Any and all feedback will be appreciated. Thank you!

Bounty Address: YAA2QgGmKdzo31pg6iZBQNTF2xgRHmsVXw

**I tried posting on forum.yacoin.org, but I kept getting a 502 bad gateway error. If anyone can fix that, I will post on those forums.

Excellent, thanks Beave.  I will most likely add to this bounty in the near future.  I would also like to see an 'official' pool and a list of other major pools listed directly in the miner.  I've explained YAC to too many people who have told me it is 'too complicated' to set up a miner in a pool and they don't like the 'trojans' they are downloading with the stand-alone miners.  I believe this integration is essential for YAC.

I've also been having issues with '502 bad gateway' when posting on the forum.  I thought it was an issue with my computer.  Glad it's not just me.

[Beave162]

Excellent, thanks Beave.  I will most likely add to this bounty in the near future.  I would also like to see an 'official' pool and a list of other major pools listed directly in the miner.  I've explained YAC to too many people who have told me it is 'too complicated' to set up a miner in a pool and they don't like the 'trojans' they are downloading with the stand-alone miners.  I believe this integration is essential for YAC.

I've also been having issues with '502 bad gateway' when posting on the forum.  I thought it was an issue with my computer.  Glad it's not just me.

Thank you, aso. You can tell alts are struggling to gain traction with newcomers when you look at all of the recent forks and algorithm changes. I believe the only way people will buy into a coin, especially one that has been around for a long time, is to sell them on the user-friendly aspect. I want to tell someone on the street to visit www.yacoin.org and make them feel confident there isn't a huge barrier to entry into this alternative currency. Bitcoin even has a lot of work to do in this realm--you can sense the need.

[Beave162]

YAC will now have a USD trading pair!

https://www.crypto-trade.com/news/98

[aso118]

YAC will now have a USD trading pair!

https://www.crypto-trade.com/news/98

This is great news!

[bitdwarf]

You know another thing that would be cool? YAC client and miner coded in Rust.

[aso118]

You know another thing that would be cool? YAC client and miner coded in Rust.

This would be a first for any cryptocoin as far as I know.  They all use C/C++ to my knowledge.

[ivanlabrie]

Good friends of the Yacoin community!

We will be starting with our charity focused coin X-CHILDREN's airdrop tonight at 21 EST.
Join us at Bittrex, we will be exchanging 1000 CHILD per every 1000 satoshi price increase, starting from 2000 child for the first order.

Our goal is to sell the 100k+ coins the donation fund contains, and reach a substantial donation for Save the Children IT.

We will document every time we reach 1 BTC, and donate the funds sending Euros to the Save the Children IT bank account.

Twitter @ivan_labrie

https://bitcointalk.org/index.php?topic=754195.msg9812619#msg9812619

[Beave162]

YAC/BTC and YAC/USD trading pairs are now on www.crypto-trade.com ! Per usual, I urge you to not keep substantial amounts of coins on any exchange. I am cautiously optimistic with cryptotrade, and it is great to be able to trade directly for USD.

I have also increased my GIVE-A-WAY to 4000 YACoin! It really is minimal work to take $4 USD worth of YACoin from me, and it will be for a great cause. Please check out the thread with the details:  https://forum.yacoin.org/index.php?topic=672.msg3501

I also want to thank feeleep for adjusting how hashrates are displayed on yac.coinmine.pl. Since not one graphics card out there can break 1 khash/s, it makes more sense to see your hashrate in hash/s. Thanks a lot, feeleep! I encourage anyone using his pool to donate a small percentage as a courtesy.