[ANN] [YC] YellowCoin ★★Pure POS★★ Let's color the MOON !!!1.0.0.3 Updated - page 82.

wahahaha

member

Activity: 84

Merit: 10

Quote from: CryptoSteam on April 30, 2014, 12:24:07 AM

Quote from: qumatru on April 30, 2014, 12:20:57 AM

Quote from: YCproject on April 28, 2014, 11:00:48 PM

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...

XbladeX

legendary

Activity: 1302

Merit: 1002

Quote from: Orangecoin on April 30, 2014, 02:41:06 AM

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.

Quote from: XbladeX on April 29, 2014, 06:11:20 PM

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 Cheesy

)
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 :-(...

Orangecoin

member

Activity: 84

Merit: 10

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.

RoyalSands

full member

Activity: 154

Merit: 100

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

XbladeX

legendary

Activity: 1302

Merit: 1002

Quote from: qumatru on April 30, 2014, 01:37:36 AM

Quote from: XbladeX on April 30, 2014, 01:12:15 AM

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.

qumatru

sr. member

Activity: 322

Merit: 251

Quote from: XbladeX on April 30, 2014, 01:12:15 AM

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

legendary

Activity: 1302

Merit: 1002

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.

altseeker

sr. member

Activity: 406

Merit: 250

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

XbladeX

legendary

Activity: 1302

Merit: 1002

Quote from: qumatru on April 30, 2014, 12:59:27 AM

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.

qumatru

sr. member

Activity: 322

Merit: 251

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?

CryptoSteam

full member

Activity: 126

Merit: 100

Quote from: qumatru on April 30, 2014, 12:20:57 AM

Quote from: YCproject on April 28, 2014, 11:00:48 PM

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.

qumatru

sr. member

Activity: 322

Merit: 251

Quote from: YCproject on April 28, 2014, 11:00:48 PM

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.

Waitmentodo

newbie

Activity: 45

Merit: 0

There is no good news later?
Or have any new plan?>

k!lowatts

member

Activity: 98

Merit: 10

going down slower..... Embarrassed

drumingspz

sr. member

Activity: 392

Merit: 250

Quote from: ZPserge on April 29, 2014, 08:20:19 PM

if the dev does not work within 24 hours, you can forget about coin Angry

Thats what I thought 3 days ago and nothing... Lucky for me I dumped at 700 satoshi. Still time to get out. This won't get any better.

407713537

newbie

Activity: 25

Merit: 0

Quote from: ZPserge on April 29, 2014, 08:20:19 PM

if the dev does not work within 24 hours, you can forget about coin Angry

YES

ZPserge

sr. member

Activity: 382

Merit: 250

if the dev does not work within 24 hours, you can forget about coin Angry

GREEDYJOHN

legendary

Activity: 1778

Merit: 1000

Quote from: Rainer4256 on April 29, 2014, 07:23:25 PM

Quote from: ando0022 on April 29, 2014, 06:56:08 PM

Quote from: Rainer4256 on April 29, 2014, 02:24:26 PM

I'm looking forward to UniversityCoin: https://bitcointalk.org/index.php?topic=584689.new#new. It's going to start 21:00 UTC and is backed by university members.

Not your best idea, but shit happens ( it hit me too)

Let's see if the relaunch works.

LETS BE PATIENT, I BELIEVE YELLOWCOIN WILL PICK UP.

Rainer4256

full member

Activity: 196

Merit: 100

For the benefit of medical research

Quote from: ando0022 on April 29, 2014, 06:56:08 PM

Quote from: Rainer4256 on April 29, 2014, 02:24:26 PM

I'm looking forward to UniversityCoin: https://bitcointalk.org/index.php?topic=584689.new#new. It's going to start 21:00 UTC and is backed by university members.

Not your best idea, but shit happens ( it hit me too)

Let's see if the relaunch works.

ando0022

member

Activity: 98

Merit: 10

Quote from: Rainer4256 on April 29, 2014, 02:24:26 PM

I'm looking forward to UniversityCoin: https://bitcointalk.org/index.php?topic=584689.new#new. It's going to start 21:00 UTC and is backed by university members.

Not your best idea, but shit happens ( it hit me too)

Topic: [ANN] [YC] YellowCoin ★★Pure POS★★ Let's color the MOON !!!1.0.0.3 Updated - page 82. (Read 186667 times)