[ANN] [YC] YellowCoin ★★Pure POS★★ Let's color the MOON !!!1.0.0.3 Updated

[Rainer4256]

It is important to be specific.

As advertised "10% Daily" would seem to mean compound interest i.e. each day every day you earn 10% of stake.

That would easily result in extremely massive numbers within months.

Can someone lay it out exactly point by point what the POS for this coin really is in plain terms?

OP says: Block Day 8-17 (POS): Nominal Stake Interest: 10% Daily
That means after 10 days your balance is ... yourcoins * 2.6.

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[cryptoba]

It is important to be specific.

As advertised "10% Daily" would seem to mean compound interest i.e. each day every day you earn 10% of stake.

That would easily result in extremely massive numbers within months.

Can someone lay it out exactly point by point what the POS for this coin really is in plain terms?

It would have been 10% from Day 8 to 17...so for 9/10 days.

[tomvalois]

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN

This would mean that you will get 10% daily for a year. I think it's rather: coin * 1,0365 + coin * 1.1^8 for one year.

yes it s the annual rate for a year. but it is limited to 10 days. See below :

Code:

if(nHeight < (7 * DAILY_BLOCKCOUNT))
		nRewardCoinYear = 1 * MAX_MINT_PROOF_OF_STAKE;
	else if(nHeight < (18 * DAILY_BLOCKCOUNT))
		nRewardCoinYear =  35159056994887200 * MAX_MINT_PROOF_OF_STAKE;

We have the normal rate for the first 7 days. And from 7 to 18 first days we have the super POS rate, currently setted to 1% daily.

OP says: Block Day 8-17 (POS): Nominal Stake Interest: 10% Daily

Yes and code says otherwise, but you are free to inspect it.

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN <-- This is wrong!
(1.1^365)/0.0365 = 3.5159... * 10^16

Please this is exactly the same 35159056994887200 = 3.5159... * 10^16

Your last 4 digits are wrong, must be ...6375. But anyway, this number is far too big to be taken seriously.

Sorry if you didn t understand the point. My english is so limited.

But at the end, this is the reason why you are not seing the 10% daily in your wallet. Maybe someone who can understand what i m saying explain to him?

edit : i tried to help. I don t have any YC and will not have it. Way too many premine to be interesting. I m not spreading FUD, the code is from github. Everybody can have a look at it.

Okay - look at block 30,000:

http://www.yellow-coin.com:1777/block/f9b633160be64a4623ec9e7a1f519629bc98b096fe8748445d787e0fbfd66256

Here we have 2000.2326 staked coins and a PoS reward of 0.2267 coins. That works out to a little over 0.012% for 1.2378 coin days.

Now look at block 40,000:

http://www.yellow-coin.com:1777/block/72e2be488847c607cb74ec1ef69717e64f313278f40549aa09febd6f8d10f077

We have 50.7303 staked coins and a PoS reward of 0.0087 coins. That works also works out to a little over 0.017% for 1.48689 coin days.

According to the code, the reward for block 40,000 should be 10,000 times the reward for block 30,000. Regardless of whether 10,000 is the right number to use, it isn't even doing that. There is another issue!

[CHMinePeeR]

where is dev all this past pages of pages on this thread??? dumping YCs?? lol

[Rainer4256]

And show that link: https://bitcointa.lk/threads/the-completely-unfair-distribution-of-yellow-coin.306172/

That tells a lot why the price isn't rising.

[XbladeX]

Hello, i registered with ID 187466 why i still receive nothing right now???

What's is wrong???

Understand nothing!!!!!!

Always like that in my life!!! Never chance!!!!!!!!!!

Thanks soo much i do it for nothing!!! I'm waiting for nothing!!!!!!!!!!!!!

Sorry we know someone may be missed. Don't worry. Just wait and resubmit your ID when we publish a new entrance. If it still doesn't work then we will send the free YC to you manually. Sorry for the inconvenience it caused!

What you talk about new entrance??? Web site is on error right now!!!

I do what they needed for that giveaway!!!! It is not normal and more yesterday i send you a msg!!!!

That is your reply yesterday:

Hello, i register on http://www.yellow-coin.com/f/index.php with my member ID 187466 but i have change my YC add on my signature and when i want update the add on http://www.yellow-coin.com/f/index.php, he not change my YC address

What i need to do?

I keep the old or the new in my signature

Thanks

We will update it for you soon.

You update what??

When we started distributing the giveaway, the submission page was closed. That's why you can't open it now.

Sorry for not sending the giveaway to you. It's our mistake. Please wait patiently for the second chance to submit your ID again. Sorry for the inconvenience this caused you!

I don't wait anything more!!! I'm hungry losing my time with your shit giveaway!! Keep your coin!! Signature changed!!!

And show that link: https://bitcointa.lk/threads/the-completely-unfair-distribution-of-yellow-coin.306172/

Mister many people including me get  free coins for dump/keep wheteever you want-dystrybution was preaty-fair deal with that.
I think most of people 99% who wanted free coins they got them i have got about 3400...
This is not gamebreaking amount but i have got them as many people here.
DO you realy want to be so piss of because of 0.002074 BTC current value ?
Most free coin were dumped anyway YC guy made his work.
For me that giveaway was more fair than others because puppet account got less - i like it.
Op wrote devs can do whatever they want with their coins so i don't see scam arroud YC.
Even if they dump their coins on market so far i see they made much more work than eg. premined WC
with much less effect. Do you realy have to be in such rage for 0,002 BTC ?...I don't this is worth your anger.
YC dev send that 1m free coins as you see that caused  i have PMed YC dev he
fixed manually bug with "fixed" i cannot blame him he kept his promise.

[XbladeX]

Oh one more there was allso many 0 activity accouts reginstered .
I will check how many outs he YC dev did. SEC

[Specialkey]

Now it is time for the devs to tell us what is going on right now.

I am boared of such unprofessionell communication.

The conceppt is good. Where is the problem?

[Rainer4256]

Now it is time for the devs to tell us what is going on right now.

I am boared of such unprofessionell communication.

The conceppt is good. Where is the problem?

+1

[ziplibrary]

Forget the YellowCoin unfair distribution. Join our ShareCoin with automated distribution system: https://bitcointalk.org/index.php?topic=587051.0
Homepage: http://sharecoin.info/

[pomelo]

Can someone answer me, does the wallet need to be running 24/7 for the stakes to work or does it work even when my computer is not on and I open the wallet couple of times a week?

[SlientBit]

DEV, can you please check/explain what's up with PoS?

Isn't supposed to be at 10% now? if you're doing it with block height, would you be so kind as to remember/tell everyone at what block count does it start and end the 10% phase?
Is there a new wallet update that we're all missing??

I have 0.05 YC staked from 3000 YC  Undecided  hardly 10% a day ...

What am I missing here?

Thanks in advance

[pomelo]

Yeah, this is all very confusing and that's why I'm asking about the wallet.

I've had YC in my wallet for 4 days now and I've gotten only once 0.0346YC for it. I thought it happens daily.

[cryptworld]

looks to be a strong coin
what about pos?

[zidansz]

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN

This would mean that you will get 10% daily for a year. I think it's rather: coin * 1,0365 + coin * 1.1^8 for one year.

yes it s the annual rate for a year. but it is limited to 10 days. See below :

Code:

if(nHeight < (7 * DAILY_BLOCKCOUNT))
		nRewardCoinYear = 1 * MAX_MINT_PROOF_OF_STAKE;
	else if(nHeight < (18 * DAILY_BLOCKCOUNT))
		nRewardCoinYear =  35159056994887200 * MAX_MINT_PROOF_OF_STAKE;

We have the normal rate for the first 7 days. And from 7 to 18 first days we have the super POS rate, currently setted to 1% daily.

OP says: Block Day 8-17 (POS): Nominal Stake Interest: 10% Daily

Yes and code says otherwise, but you are free to inspect it.

35159056994887200 * 0,0365 * COIN = 1,1^365 * COIN <-- This is wrong!
(1.1^365)/0.0365 = 3.5159... * 10^16

Please this is exactly the same 35159056994887200 = 3.5159... * 10^16

Regardless of whether the numbers are wrong, there must be another issue as well. The reward rate did not change when it was supposed to. It is still rewarding at 0.01% per day (3.65% per year).

this can be error this value nHeight as i write above
may be nHeight do not receive right value
and work only string

Code:

	nRewardCoinYear = MAX_MINT_PROOF_OF_STAKE;

[turner3d]

I've got you all beat - I have 15,000+ YC, all mined, that's been sitting in an open, unlocked wallet for a week that still shows 0.00 stake.

[auctioneeeeer]

I have staked about 50 coins with my mined amount, hoping the 10% kicks in soon.

[auctioneeeeer]

I have staked about 50 coins with my mined amount, hoping the 10% kicks in soon.

And to those that have asked, your wallet has to be open to stake coins - as in the daemon or QT running.

[vested]

My coins have been in my wallet for over 24 hours and I still havent seen a stake yet. It also doesnt say "staking" in the bottom right hand corner.

[auctioneeeeer]

My wallet was offline for about 3 hours, but online consistently before that, and as you can see it's staking often about 4-5 times an hour: