Topic: [ANN][YAC] YACoin ongoing development - page 125. (Read 379983 times)

Like this?


I'm not sure I've made it look better than the simple version. You may need someone more skillful.

I so agree with this, there should not be a hard cap at all, it should be allowed to float. one million wallets is a small amount of wallets, if the YACoin takes off, like we all want it to. Most of the other coins or I should say, many of the other coins are very restrictive and limited in their minting, and that will be a serious problem in the coming future. As more people come to cryptocurrency the need for more coin will absolutely balloon. There is a psychological effect that takes place when someone trades a dollar and gets .00001 coin of anything. That is beginning to take effect with Bitcoin and will only get worse, at least that has been the case and the first comment made by non-tech friends that I talk to about Bitcoin or set them up with a Bitcoin wallet.

3D effect from C or D applied to A or B would probably look badass.

3D effect from C or D applied to A or B would probably look badass.

If no one object, I'll make a voting thread for logo final showdown with these four:


I'm using a bit of judgement to keep the final round of logo choice to these 4 because I don't want the votes to be spread too thin.

Difficulty scales supply to demand. You have to make a case for difficulty being too low for the near future demand (which doesn't seem the case IMHO), and in that case for the need of capping supply instead of just raising difficulty.

If demand raises healthily then two billion is fine. It's like one million wallets with 2,000 coins on average. Remember the final aim is to maximize demand, not to maximize the value per coin (it's not the same).

I'm strongly against making any hardfork-requring changes to the YAC protocol. Just my two YaCents.

We should really move up the PoS minting rate up to 20-45% to encourage long term holding of a coin, with a steady decline each year say 5-10% minting decrease or proportional to speed of network. Annual set decrease is good and simple enough i think.

 This way even non miners will be holding this coin and helping us increase supply and circulation, while attracting more investors to either buy the coin or mine and hold it.

Implementing this strategy will surely allow this coin to survive for a few years which in this market could be do or die for most alts.

Think about it, as the adaptation grows and more and more ppl choose to hold due to potential ROI of PoW + PoS mint, the price will stabilize and as PoS slowly start to decrease over next few years, coins will start to circulate more with out massive dumps and produce a very good alternative coin to ltc.

I think this strategy could really help make this "an average man coin" since you will have ability to mine with cpu, if you cant buy and then hold and really build up holdings with out massive rigs, while mining with what you can and help the network. "Big" guys will be attracted to come in and buy up coin with renewed interest or mine it on larger scale as they see "an average man" making good ROI, which in turn will make average in to big.


My two Yacs