Topic: [ANN] [YC] YellowCoin ★★Pure POS★★ Let's color the MOON !!!1.0.0.3 Updated - page 67. (Read 186649 times)

I want a longer 10% stake per day   so nice to see coin added to your wallet without spending electricity.

       Are you planning to make me rich?  I will have around 100K so that means 12BTC

Let us color the moon. So now the moon has color black, red, yellow, blue, white, and still more color is coming...

OK, for those of you who are running v1.0.0.1 with their wallet unlocked and yet don't think they are getting their 10% PoS:

First of all, have you received any PoS mining rewards since 4th May? If you have one in the last 24hrs yet it is far too small to be a 10% reward then something isnt right at all - suggest you backup your wallet.dat then flush all your YC files and the data folder from %user%/appdata/roaming, then reinstalling the new wallet from scratch.

If you haven't received any PoS mining reward at all (the crossed hammers symbol, listed as "mined" under Transactions) then close your YC wallet, wait 5 min and then reopen it and unlock it. Clcik the Help menu and "Debug Window", then from that window "Open" the debug log file. Start from the bottom end of the log and scroll up, you'll see a load of "IRC got who" lines then above that is the log of the wallet client starting. Important thing to look for is the "CPUMiner started for proof-of-stake" line, if its not there then your wallet isnt processing your PoS and you probably need to do the reinstall. There is a way you can disable the PoS CPUminer, but if you know enough to do that you probably dont need my help.

Assuming it all looks ok then you just need to be patient, and bear in mind how PoS works - I believe the YC system is based on that introduced originally by Peercoin, where the PoS minting process is dependent on your coin age in a sort of lottery process. Whilst your wallet is running and you have coins which have been sitting in it for longer than the required staking period (24 hours here), it will generate a block every so often attempting to "claim" your PoS reward. As in PoW mining your block has to be accepted by the network to be recorded as a successful transaction and your coins to be credited, otherwise it could be rejected as superceded (someone else beat you to it), or get orphaned as part of a rejected blockchain fork.

The PoS mining difficulty remains very low in order to make it possible for any CPU to create blocks, so that isnt used to enforce the 20sec block creation time. I'm guessing a bit here, and ppl are welcome to correct me, but looking at the blockchain explorer the critical factor seems to be average coin age, which is currently around 2.8 days. Bear in mind that when you receive a PoS reward the age of all your coins is reset to zero, so at the current rate you have to wait another 2 days and 20hrs to receive your next PoS reward. You dont lose out though, as you should get nearly 3 days worth of PoS interest then.

With so many actively staking wallets and a 20sec block time its not possible to average a daily payout, looks like around once every 3 days....

It's the most undervalued coin on the exchanges right now, 10000sats wouldn't even put us on par with whitecoin, but I'd take the 12x gain.

I think that may happen if your wallet consists of several different addresses holding coins, they will be aging at different rates. I was just looking up my PoS rewards in the blockchain explorer (http://www.yellow-coin.com:1777/) and noticed that there are separate awards for each receiving address.

10000sats when we hit mintpal  Or at least 1000 sats

We are about 1/3 (15k Blocks) through the 10% POS phase with about 30k Blocks left for POS.  We're #5 on Mintpal, lot's of upvote support and BTC donations - keep them coming!  Still lots of coins to be made in 10%/day phase, and coin is very stable thanks to a competent Dev.  If you haven't jumped on the train yet it should be quite an exciting next few weeks.

The Multipool address is here http://50.19.166.179/ .    :)heh      

should be under   logo   this big    http://50.19.166.179/



great pool,,simple       profitable?,,of course

Don't forget to vote for YC on Mintpal every hour! Moon!

Mintpal just spend a small amoount;-)

I spent in the meantime round about 10 bucks.

Just do it;-)