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

[XbladeX]

please do. although i can't imagine anyone is looking over just one coin. the idea is to preserve or even grow the value of our investment in this whether it's time, money, mining. let's not trash it before it gets a chance to redeem itself. look at whitecoin. community backed, people have been waiting for a week to get a fix on the problem. so where are the people backing yc?

WC have still frozen deposits...
So they can't even dump their coins if they wanted to do.
Good dev fast acting is crucial.
With Wc many whales invested a lot into it and they just want to safely go away so they paieyd some guy to fix wallet...
it is taking more than 48h...Or worst whole "bug" could be even planned.
don't try fool others. Look like Panda has finished or dynamic or even Blitzcoin one of 1st BC clones.
This are just pure facts.

[altseeker]

Waiting for wallet update from dev. The sooner the better.

[XbladeX]

Non premined coin Summercoin 90+ BTC volume on https://www.bittrex.com/Market/Index?MarketName=BTC-SUM ...
allso 10% daily stakes... i just spare info with you.
Looks like YC but not premined in 4.5%...

PS: Fixing bug takes too long for YC.

[qumatru]

Non premined coin Summercoin 90+ BTC volume on https://www.bittrex.com/Market/Index?MarketName=BTC-SUM ...
allso 10% daily stakes... i just spare info with you.
Looks like YC but not premined in 4.5%...

PS: Fixing bug takes too long for YC.

YC POW stage is done, so why are you telling us about summercoin? of course people are mining something else right now... this is not the issue at hand. all you're doing here is naysaying with absolutely no valid arguments. everything you've said so far has nothing to do with the actual situation we're in... just empty words and yes summercoin looks very good, so what? i'm sure people are mining the hell out of it and as a matter a fact so am I but i would like for the week i've been mining yc to not be in vain.

regards

[XbladeX]

Non premined coin Summercoin 90+ BTC volume on https://www.bittrex.com/Market/Index?MarketName=BTC-SUM ...
allso 10% daily stakes... i just spare info with you.
Looks like YC but not premined in 4.5%...

PS: Fixing bug takes too long for YC.

YC POW stage is done, so why are you telling us about summercoin? of course people are mining something else right now... this is not the issue at hand. all you're doing here is naysaying with absolutely no valid arguments. everything you've said so far has nothing to do with the actual situation we're in... just empty words and yes summercoin looks very good, so what? i'm sure people are mining the hell out of it and as a matter a fact so am I but i would like for the week i've been mining yc to not be in vain.

regards

"all you're doing here is naysaying with absolutely no valid arguments."

4.5% premine not valid ?

Ah about old school premine trick from Mint ^^.

Lets go numbers:
premine 1st block = 5 000 000 YC

Block Day 1 (POW+POS): Blocks 1-4320 - 1000 YC/block                           =    4 320 000
Block Day 2-7 (POW+POS): Blocks 4321-30240 - 4,000 YC/block                =103 676 000
[ ( 5 000 000 YC ) / (4 320 000 + 103676000) ] = ~4.63 % effective premine in day 7...
 
Anyway he will pay pools,exchanges but transparency here is key.
______________________________________________________

Fast fixing bugs is also crucial in crypto land because it provides trust in coin.
I think that argument is allso valid so far...
If you have in thread title "Pure PoS - 10% Daily ★★ Let's color the MOON !!! )" whole looks like scam(we have 2nd day and no 10% daily POS)...
...fixing it takes to long IMO.

[RoyalSands]

I think this coin still has a chance.  There was a lot of hashrate put into this coin and I'm sure the dev realizes that if he can fix this thing there is more money in it for him.  That is a good motivator.

disclaimer:  I'm a holder of YC

[Orangecoin]

You should really come join Orangecoin.

Yellow coin has a POS height too high meaning stake will take up to 3 years. Not good.

Code:

unsigned int nStakeMinAge = 60 * 60 * 24 * 1;	// minimum age for coin age: 1d
unsigned int nStakeMaxAge = 60 * 60 * 24 * 1000;

Whitecoin had a broken unlimited time of POS.

Code:

unsigned int nStakeMinAge = 60 * 60 * 24 * 2;	// minimum age for coin age: 2d
unsigned int nStakeMaxAge = -1;

We chose a rational and realistic approach

Code:

unsigned int nStakeMinAge = 60 * 60 * 24 * 14;	// minimum age for coin age: 20d
unsigned int nStakeMaxAge = 60 * 60 * 24 * 28;

In 14 days the network will start to generate pos blocks like crazy. We will produce no more POW blocks after block 10,000. Whitecoin is looking at implementing this and yellow coin hasn't.

Code:

static const int CUTOFF_POW_BLOCK = 10000;
if (IsProofOfWork() && nHeight > CUTOFF_POW_BLOCK)
return DoS(100, error("AcceptBlock() : No proof-of-work allowed anymore (height = %d)", nHeight));

With 10K block at 2 minutes will take 13.9 days at perfect timing, expect that to increase slightly and POW/POS network will be an an almost instantaneous switch.

We addressed both issues pre launch.

Come join the smart investment in Orange.

[XbladeX]

You should really come join Orangecoin.

Yellow coin has a POS height too high meaning stake will take up to 3 years. Not good.

Code:

unsigned int nStakeMinAge = 60 * 60 * 24 * 1;	// minimum age for coin age: 1d
unsigned int nStakeMaxAge = 60 * 60 * 24 * 1000;

Whitecoin had a broken unlimited time of POS.

Code:

unsigned int nStakeMinAge = 60 * 60 * 24 * 2;	// minimum age for coin age: 2d
unsigned int nStakeMaxAge = -1;

We chose a rational and realistic approach

Code:

unsigned int nStakeMinAge = 60 * 60 * 24 * 14;	// minimum age for coin age: 20d
unsigned int nStakeMaxAge = 60 * 60 * 24 * 28;

In 14 days the network will start to generate pos blocks like crazy. We will produce no more POW blocks after block 10,000. Whitecoin is looking at implementing this and yellow coin hasn't.

Code:

static const int CUTOFF_POW_BLOCK = 10000;
if (IsProofOfWork() && nHeight > CUTOFF_POW_BLOCK)
return DoS(100, error("AcceptBlock() : No proof-of-work allowed anymore (height = %d)", nHeight));

With 10K block at 2 minutes will take 13.9 days at perfect timing, expect that to increase slightly and POW/POS network will be an an almost instantaneous switch.

We addressed both issues pre launch.

Come join the smart investment in Orange.

Yellow coin appears like WC again failed POS...
With dev who can't fix coins fast enough...
...F. that such shit i won't waste my time and money.
Same like WC DEVs are making more than 48h wallet fix and here the same...(maybe even same people )
While BC,Cinni even Mint can apply fixes in few hours after announce...
I think that coin probably is going to no where...
It looks like one more premined scam with dev wanted cash out on pump...~it was premined at 4,63% lvl not 0,5%

For those who don't know there is similar concept like SummerCoin fast POW and no premine 10day stakes on too.(now in 3rd day of ming from 5)
better jump that train than stick with YC IMO
Cya YC... i wasn't nice disapointment
i counted on that 10% stakes will work and you are fixing it 48h and no update... its like scam WC2...
Thanks for me that is enough.

I am sorry for that flame but "YC" you deserved on it...
Core feature doesn't work...Epic fail

PS: For Dev start now Orangecoin and make new working wallet with current this coin is probably done like Panda :-(

I was joking with that orange part :-(...

[wahahaha]

We are still working hard to resolve the issues with the POS interest rate. We apologise for the inconvenience and we’ll let you know any update if there is.[/size]

Add that to many people getting burned from the giveaway. I'm sorry, but YC isn't doing good at all. There are a few other coins to look into.

it is valueable for us to think about other coins...

[cryptoba]

Hi YCprojet Dev,

How are you ? Still, working hard ?
If I was you, I would try to show a bit more presence and reassure all the people that still trust in YC !
Just a bit more communication and respect !

Still, wish you all the best and hope you are honest.!

[Yiki888]

Hi YCprojet Dev,

How are you ? Still, working hard ?
If I was you, I would try to show a bit more presence and reassure all the people that still trust in YC !
Just a bit more communication and respect !

Still, wish you all the best and hope you are honest.!

maybe workingsomething news...

[Specialkey]

Communication is important these days that people can put more trust in this coin:-)

[WarrenP]

Communication is important these days that people can put more trust in this coin:-)

Took the dev ages to FINALLY tell me I didn't make it into the system during the first round... even after I ASKED if I was in... Was just told to "wait and watch the thread for the second round"... Sucky marketing tactics to have me keep the YC stuff in my signature... oh well... unless he ups his game on the communication people will lose faith.

Cheers YC coin supporters.

Dev has said they will manually add me to the giveaway... So he is making an effort.

[ifightformerkel]

i think the dev is a little kid and has no idea how to handle a coin, im out.

[qumatru]

i think the dev is alone and perhaps needs some help from someone to handle the massive fud... in any case i'm holding till i someone busts a move. it's taken wc almost a week to come up with a wallet and they haven't yet.

[k!lowatts]

this will suffer the same fate as bluecoin.

[zidansz]

at now dev has 16% of all coin....
premine....

[CHMinePeeR]

at now dev has 16% of all coin....
premine....

Are you sure he still have and he not dumped?

[Korg73]

He's same dev of whitecoin, people.
He created the crypto, sold his premined and jumped ship.
If someone doesn't fork it, the currency will die.

End of story

[niothor]

this will suffer the same fate as bluecoin.

Wait a moment!
There was actually a coin named bluecoin? Same pow then pos principle?