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Author Topic: [ANN] [YC] YellowCoin ★★Pure POS★★ Let's color the MOON !!!1.0.0.3 Updated  (Read 184690 times)
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May 04, 2014, 05:50:41 PM
 #1281

Just received 9826 YC

                               
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May 04, 2014, 05:58:56 PM
 #1282

Anything else I need to do to have them start staking except download the new wallet?

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May 04, 2014, 06:03:26 PM
 #1283

Anything else I need to do to have them start staking except download the new wallet?

Should be all you need, just download and make sure your wallet is unlocked. I was pleasantly surprised to see a PoS reward this morning.

Pool admin @ http://cryptonotepool.org.uk/ - for miners who value reliability (and like orange)!
Currently donating all of our 1% pool fee to the dev fund - mine at CryptonotepoolUK and support XMR at no extra cost!
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May 04, 2014, 06:20:47 PM
 #1284


I m not saying you are hiding anything.

But let face it, it is a huge part of the available coins. You have 5000000 coins from the premine. Since you didn t give us the address of the premine, we can assume that you are staking them at 10% daily.

Ok, maybe not all 5,000,000. So let s say you will just double the premine instead of *2,8.

So now you have 10,000,000 coins and there is 26,529,417 coins supply according from coinmarketcap. That is roughly 30% of premine with the current coins available.
I call that a huge premine and that s the reason why no big players will come to play with you.


Rudius your logic is very flawed.

Firstly, most of the premine is already given away.Secondly, coinmarketcap is 27M NOW but will increase a lot in the next ten days probably to around 60M

If the remaming premine was FULLY staked for 10 days it would give the dev approx 1.8 million coins which is 3%, not 30%

And that's the very highest percent. Actual % is probably much lower so give the guy a break. It is very much in the devs interest to promote the coin and increase it's value.

Thank you for clarifying. It isn t what people understand when they first have a look to the spec of this coin.
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May 05, 2014, 12:27:50 AM
 #1285

+1 Totally agree, people that are saying that YC is too high pre-mine really need to have a look at other coins... This is (or can be) a great coin, and remember Blackcoin was also trading at 500sats in the beginning and then jump to 80000sats.

One question is the max coins really 1,000,000,000? Looks a lot. Maybe some more information how you get to this number. As for example i did a calculation on a coin and it was based on 100 years of mining... those 1,000,000,000 looks also pretty high...

The coin has a cap of 1billion coins.  HOWEVER, only 25million were minted in POW, and with the 10% POS phase nearly 25% complete, only 2million more were created for a total money supply of just over 27million currently. 

To reach the 1billion total coins, it's going to take hundreds if not thousands of years at the continuing 3.65% stake.

This coin is severely undervalued in comparison to WC/BC etc.  It could run anywhere from 10x-50x, and judging by how fast it's climbing on the mintpal upvotes (It's almost in the top 10 after 1 week) Yellow is going to be everyone's favorite color soon Smiley
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May 05, 2014, 01:14:36 AM
 #1286

Did somebody audit the code here.  We don't want this greatcoin to be like AC...where there is hidden stash of coins in the genesis block.

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May 05, 2014, 01:15:51 AM
 #1287

Did somebody audit the code here.  We don't want this greatcoin to be like AC...where there is hidden stash of coins in the genesis block.

Read back a few pages, that has been answered.  Also, many have scoured the blockchain which is listed in the OPs first announcement listed as the block explorer to make sure it is looking clean.
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May 05, 2014, 02:13:24 AM
 #1288

+1 Totally agree, people that are saying that YC is too high pre-mine really need to have a look at other coins... This is (or can be) a great coin, and remember Blackcoin was also trading at 500sats in the beginning and then jump to 80000sats.

One question is the max coins really 1,000,000,000? Looks a lot. Maybe some more information how you get to this number. As for example i did a calculation on a coin and it was based on 100 years of mining... those 1,000,000,000 looks also pretty high...

The coin has a cap of 1billion coins.  HOWEVER, only 25million were minted in POW, and with the 10% POS phase nearly 25% complete, only 2million more were created for a total money supply of just over 27million currently. 

To reach the 1billion total coins, it's going to take hundreds if not thousands of years at the continuing 3.65% stake.

This coin is severely undervalued in comparison to WC/BC etc.  It could run anywhere from 10x-50x, and judging by how fast it's climbing on the mintpal upvotes (It's almost in the top 10 after 1 week) Yellow is going to be everyone's favorite color soon Smiley

Agree, I love this coin, and keep voting:) let's list on MINTPAL, show the yellow power Grin

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May 05, 2014, 02:15:13 AM
 #1289

Did somebody audit the code here.  We don't want this greatcoin to be like AC...where there is hidden stash of coins in the genesis block.

Yes, could some one audit it,and I have faith in the dev team, they premined and distributed them fairly Grin

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May 05, 2014, 03:07:05 AM
 #1290

I don't understand. I don't get 10% stacking YC at all.

I received one stacking transaction before the 10% period. Then, I installed v1.0.0.1 right after the release. No staking transaction happened ever since.

Is there any way to check if something is wrong?

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May 05, 2014, 03:26:40 AM
 #1291

I don't understand. I don't get 10% stacking YC at all.

I received one stacking transaction before the 10% period. Then, I installed v1.0.0.1 right after the release. No staking transaction happened ever since.

Is there any way to check if something is wrong?


You wallet open? Not locked?





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May 05, 2014, 04:19:27 AM
 #1292

I don't understand. I don't get 10% stacking YC at all.

I received one stacking transaction before the 10% period. Then, I installed v1.0.0.1 right after the release. No staking transaction happened ever since.

Is there any way to check if something is wrong?


Just wait, be patient

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May 05, 2014, 05:38:07 AM
 #1293

Just spent 0,01 BTC on Mintapal Voting Grin
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May 05, 2014, 06:18:53 AM
 #1294

I don't understand. I don't get 10% stacking YC at all.

I received one stacking transaction before the 10% period. Then, I installed v1.0.0.1 right after the release. No staking transaction happened ever since.

Is there any way to check if something is wrong?


Just wait, be patient

Just received mine 10% Smiley
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May 05, 2014, 06:19:14 AM
 #1295

Just spent 0,01 BTC on Mintapal Voting Grin

Still don't understand why we are not listed.
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May 05, 2014, 06:20:11 AM
 #1296

Yeeaaahh the 10 place  Grin
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May 05, 2014, 06:46:51 AM
 #1297

https://www.mintpal.com/voting

RANK      COIN  NAME            BTC PAYMENT ADDRESS                            VOTES
10      YC   YellowCoin        122YUZrD1683uwbELweMDrBgqg893ZvBjQ              44965

                               
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May 05, 2014, 06:49:27 AM
 #1298

https://www.mintpal.com/voting#YC
 Every user is limited to 5 (five) votes per hour.
RANK 9      YC   YellowCoin   122YUZrD1683uwbELweMDrBgqg893ZvBjQ        45800   VOTES

                               
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gg234
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May 05, 2014, 07:01:48 AM
 #1299

Some one seems to be using some sort of bot to vote if they found YC will be de-listed

https://www.mintpal.com/voting#YC
 Every user is limited to 5 (five) votes per hour.
RANK 9      YC   YellowCoin   122YUZrD1683uwbELweMDrBgqg893ZvBjQ        45800   VOTES
cryptobear
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May 05, 2014, 07:24:03 AM
 #1300

We change a little our rules due to 10% POS period:
to give our miners full opportunities of POS-mining we are starting to make withdrawals 5-6 times per day(so you could start pos earlier). However, to decrease loss for transaction fee we increase minimal withdraw size to 50YC.(about 4h on 500Kh/s GPU)

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