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Topic: [YAC] What do you think about YACoin future? (Read 1483 times)

sr. member
Activity: 288
Merit: 260
A Year has passed as YACoin was released on 8th of May 2013 introducing the new concepts to the world.
Many blocks have been generated since the first one Wink)

I believe YAC is stronger than any other coin because it has creative development team and community!

So long live YAC and Happy Birthday!!
full member
Activity: 146
Merit: 100
My concern with CPU-only proof of work are botnets and potential 51% attacks when an alt-coin is young and hasn't matured yet. An attack could result in double spending and even bloating the block chain. On the flipside, I do like the idea of being able to mine using your CPU while mining another coin using your GPU.
sr. member
Activity: 308
Merit: 250
onore dikeido
I think GPU miner will still be working for N=12  Wink

we will see then  Grin
sr. member
Activity: 288
Merit: 260
I think GPU miner will still be working for N=12  Wink
sr. member
Activity: 308
Merit: 250
onore dikeido
What do you expect from next N increase?

GPU mining become useless
member
Activity: 112
Merit: 10
it will be in the recycle bin
sr. member
Activity: 288
Merit: 260
What do you expect from next N increase?
sr. member
Activity: 308
Merit: 250
onore dikeido
im still waiting till next N increase
full member
Activity: 252
Merit: 100
MARKETPLACE FOR PAID ADVICE LIVE BROADCASTS
Will it be as popular as BTC?  Huh

more Smiley
full member
Activity: 140
Merit: 100
In POS we trust
From all the altcoins, Yacoin is one of the good ones. Scrypt-chacha (instead of Scrypt-salsa like most Litecoin clones) and keccak512 (instead of SHA256 like most all other coins) makes it nearly ASIC proof even in the future. This means it will only be mined on CPU and GPU. This is the coin of the poor man miner that can't afford ASICs.
newbie
Activity: 6
Merit: 0
give to recycle bin
legendary
Activity: 1176
Merit: 1280
May Bitcoin be touched by his Noodly Appendage
It will fail like all altcoins make only for profit
sr. member
Activity: 288
Merit: 260
YAC has surpassed CNC by Market Capitalizations and now in Top Ten!  Cool
member
Activity: 65
Merit: 121
I think the more relevant question for now is how does it compare to FTC and CNC. Will any of these coins survive, and if so why?
newbie
Activity: 42
Merit: 0
Highly, highly doubt it
full member
Activity: 140
Merit: 100
It's an interesting situation. It is highly unlikely that it will be close to as popular as bitcoin, but the ability to mine it passively on the CPU while mining anything else almost ensures its blockchain won't be abandoned.
sr. member
Activity: 288
Merit: 260
You May Be Right But Only Time Will Tell  Cool
sr. member
Activity: 364
Merit: 250
easier mining (without GPU farms and ASIC) helps to distribute the currency wider. Therefore, YAC may be more popular for end users as me.
Most of those mining altcoins just want to get the most cash/Btcs for their mining power. They don't care about the coin at all.
sr. member
Activity: 288
Merit: 260
easier mining (without GPU farms and ASIC) helps to distribute the currency wider. Therefore, YAC may be more popular for end users as me.
sr. member
Activity: 364
Merit: 250
as for me YAC has 2 advantages:
 - ultra-fast confirmations
 - I can mine it on my ordinary CPU

Easier mining is only an advantage for those who want to sell coins, not for those who want to use it.
If you want ultra-fast confirmations you could also use Litecoin, Feathercoin, BBQCoin or newrandomaltcoin#587.
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