Topic: [ANN] [YC] YellowCoin ★★Pure POS★★ Let's color the MOON !!!1.0.0.3 Updated - page 68. (Read 186649 times)
May 06, 2014, 02:09:30 AM
Don't forget to vote for YC on Mintpal every hour! Moon!
May 06, 2014, 12:01:39 AM
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the network to be recorded as a successful transaction and your coins to be credited, otherwise it could be rejected as superceded (someone else beat you to it), or get orphaned as part of a rejected blockchain fork.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....
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....
Thanks a lot for your explanation. I will observe to see how it goes.
May 05, 2014, 07:20:43 PM
The POS rewards are coming in small chunks every few hours, but in addition it's roughly 10% per day.
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.
May 05, 2014, 06:57:13 PM
The POS rewards are coming in small chunks every few hours, but in addition it's roughly 10% per day.
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.
May 05, 2014, 06:38:28 PM
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....
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....
Thank you, very clear and concise! I have checked it out and all seems as it should be. I will leave the pc on for longer and hope the Stakes start rollling in!
Thank you again
May 05, 2014, 06:21:56 PM
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....
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....
Thank you, very clear and concise! I have checked it out and all seems as it should be. I will leave the pc on for longer and hope the Stakes start rollling in!
Thank you again
May 05, 2014, 06:05:20 PM
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....
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....
May 05, 2014, 05:36:36 PM
Hi everyone bought into Yellowcoin! excited for it's future.
I'm new to PoS, could someone please explain how it works to me.
I moved my coins into the wallet 24hrs ago and have clicked the unlock button on the wallet.
Is this correct?
When should i begin seeing stake returns?
Thanks hope you are all well!
I'm new to PoS, could someone please explain how it works to me.
I moved my coins into the wallet 24hrs ago and have clicked the unlock button on the wallet.
Is this correct?
When should i begin seeing stake returns?
Thanks hope you are all well!
May 05, 2014, 04:15:03 PM
Yellowcoin is moving up the voting charts - to position number 6 at MINTPAL!
May 05, 2014, 04:06:47 PM
A small YellowCoin article has appeared!
http://www.cryptoarticles.com/crypto-news/2014/5/5/yellowcoin-powpos-hybrid-with-the-cheapest-multipool-during-pos-phase#
Like & Share please
http://www.cryptoarticles.com/crypto-news/2014/5/5/yellowcoin-powpos-hybrid-with-the-cheapest-multipool-during-pos-phase#
Like & Share please
Interesting
May 05, 2014, 01:36:20 PM
A small YellowCoin article has appeared!
http://www.cryptoarticles.com/crypto-news/2014/5/5/yellowcoin-powpos-hybrid-with-the-cheapest-multipool-during-pos-phase#
Like & Share please
http://www.cryptoarticles.com/crypto-news/2014/5/5/yellowcoin-powpos-hybrid-with-the-cheapest-multipool-during-pos-phase#
Like & Share please
May 05, 2014, 12:48:38 PM
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)
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)
Just received my first payment for X11 pool, awesome
By the way, be careful with poloniex: they work very slow today(our system even decided that poloniex doesn't work). Moreover they currently pended withdrawals, (I compensated these YC from my own pocket)
Thanks, I'll keep on mining here, I like the interface of pool.
May 05, 2014, 12:21:58 PM
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)
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)
Just received my first payment for X11 pool, awesome
By the way, be careful with poloniex: they work very slow today(our system even decided that poloniex doesn't work). Moreover they currently pended withdrawals, (I compensated these YC from my own pocket)
May 05, 2014, 12:16:34 PM
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)
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)
Just received my first payment for X11 pool, awesome
May 05, 2014, 11:22:24 AM
http://i60.tinypic.com/8yyi2q.jpg
Well, you be the judge on what is happening... I'm not able to keep the computer running 24/7, but like I've said, the computer and the wallet usually are online for ~14hours per day. Surely the pos doesn't need the wallet to be on online 24/7?
Well, you be the judge on what is happening... I'm not able to keep the computer running 24/7, but like I've said, the computer and the wallet usually are online for ~14hours per day. Surely the pos doesn't need the wallet to be on online 24/7?
guys, u should unlock your wallet to get the stake.
Wallet is unlocked. I know the icon is not clear enough, but trust me, I've stated it multiple times already, *the wallet is UNLOCKED*
May 05, 2014, 11:16:27 AM
Well, you be the judge on what is happening... I'm not able to keep the computer running 24/7, but like I've said, the computer and the wallet usually are online for ~14hours per day. Surely the pos doesn't need the wallet to be on online 24/7?
guys, u should unlock your wallet to get the stake.
Wallet is unlocked. I know the icon is not clear enough, but trust me, I've stated it multiple times already, *the wallet is UNLOCKED*
May 05, 2014, 11:08:03 AM
Thank our supporters for voting for YC in MintPal (https://www.mintpal.com/voting) these days. But we noticed that a large vote was polled abnormally just now. We didn't do that and we do not encourage anyone to make scam. Please cast a vote seriously and support YC wisely.
I am on latest client, version 1.0.0.1. I received 10% stake yesterday, but I have not received any stakes in last 8 hours. Are there any errors? What is happening?Is a day not 24 hours?
or do you want every 8 hours a 10% stake May 05, 2014, 10:53:39 AM
Thank our supporters for voting for YC in MintPal (https://www.mintpal.com/voting) these days. But we noticed that a large vote was polled abnormally just now. We didn't do that and we do not encourage anyone to make scam. Please cast a vote seriously and support YC wisely.
I am on latest client, version 1.0.0.1. I received 10% stake yesterday, but I have not received any stakes in last 8 hours. Are there any errors? What is happening? May 05, 2014, 10:47:06 AM
Well, you be the judge on what is happening... I'm not able to keep the computer running 24/7, but like I've said, the computer and the wallet usually are online for ~14hours per day. Surely the pos doesn't need the wallet to be on online 24/7?
guys, u should unlock your wallet to get the stake.
May 05, 2014, 10:46:25 AM
I get 10% a day since two days 
My wallet is open 24 hours non-stop I don't know how much i got but ... now 82698,40 coins and i had 48000 coins. Nice investment
and this one should move up to 10000sats , so lets make it and give me 10BTC Jump to: