YACoin Website
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[quote name=“Tuck Fheman” post=“5993” timestamp=“1369399112”]
Didn’t the dev disappear after day one and a few tweaks never to be heard from again and someone else picked this up just recently to continue the coin? Or is that some other coin.
[/quote]“MOST” other coins :P
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[quote name=“Tuck Fheman” post=“5993” timestamp=“1369399112”]
Didn’t the dev disappear after day one and a few tweaks never to be heard from again and someone else picked this up just recently to continue the coin? Or is that some other coin.
[/quote]So that is what the unofficial YACoin thread is about then. This makes an interesting point that if a dev leaves a coin but it has merit then the community can continue the work. I think YACoin demonstrated why you should perhaps not aim to make a CPU only coin any more as the very few are in a position for a massive unfair advantage. I can see YACoin’s hashing solution being used to shield coins from conventional Scrypt miners in the future. Maybe we’ll use it one day :)
[quote author=justabitoftime link=topic=777.msg5986#msg5986 date=1369397843]
A community leader needs to step up at Yac and say:- I’m against the redirection of feathercoin.org
- I’m against our website looking like another coin
- I’m for doing our own thing and bringing value
That’s just my 2 cents. I’m not counting on it happening, so we press on. :)
[/quote]Absolutely, I think if I was in the YACoin community I’d be a bit embarrassed about these points.
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YACoin was CPU only for masses. The difficulty progressed very quickly. I’m sure some people did run modified builds of cgminer with chacha, keccak-512 and custom N. I’ve seen hash rate figures on pools soon after the launch. There were many players in 10MH/s to 100MH/s range. I guess only a few of them could afford clusters or Amazon EC2, the others were GPU miners. They reaped profits while the diffuculty was low and price was high, and don’t seem to care about YAC anymore including the original developer. A glorious pump & dump. Let it die in peace.
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I’m all for their community reviving the coin. If there is enough people that want to do something special with it, but all means, I’m all for community. With that being said, I would hope they would want to have a professional working relationship with Feathercoin and NOT redirect it to their own copied site. I plan to reach out to them in good faith in the next few days.
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[quote name=“Bushstar” post=“6030” timestamp=“1369405842”]
I can see YACoin’s hashing solution being used to shield coins from conventional Scrypt miners in the future. Maybe we’ll use it one day :)
[/quote]I guess that’s absolutely unnecessary. We should focus on expansion of the currency on the market and building up the infrastructure rather than limiting FTC in any other way. That’s where most currencies fail. Their developers think it’s enough to come up with a few nice ideas at the launch to make a particular currency look different and you’re on the top of a hill. Well, maybe for a while. A very short while. Don’t underestimate PR & marketing.
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[quote name=“ghostlander” post=“6056” timestamp=“1369409224”]
[quote author=Bushstar link=topic=777.msg6030#msg6030 date=1369405842]
I can see YACoin’s hashing solution being used to shield coins from conventional Scrypt miners in the future. Maybe we’ll use it one day :)
[/quote]I guess that’s absolutely unnecessary. We should focus on expansion of the currency on the market and building up the infrastructure rather than limiting FTC in any other way. That’s where most currencies fail. Their developers think it’s enough to come up with a few nice ideas at the launch to make a particular currency look different and you’re on the top of a hill. Well, maybe for a while. A very short while. Don’t underestimate PR & marketing.
[/quote]I hear where you’re coming from. I would like Bushstar to actually spend all his time looking at features and ways to separate ourselves from Litecoin. As far the PR/Marketing/Projects etc… that’s my entire focus. I’ve had many years behind me as a CIO… while I suck at a lot of things in life (changing oil, karaoke) this space I know quite well. I’m sitting home Saturday with a few good quality beers and working through the phase 2 plans.
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[quote name=“ghostlander” post=“6056” timestamp=“1369409224”]
[quote author=Bushstar link=topic=777.msg6030#msg6030 date=1369405842]
I can see YACoin’s hashing solution being used to shield coins from conventional Scrypt miners in the future. Maybe we’ll use it one day :)
[/quote]I guess that’s absolutely unnecessary. We should focus on expansion of the currency on the market and building up the infrastructure rather than limiting FTC in any other way. That’s where most currencies fail. Their developers think it’s enough to come up with a few nice ideas at the launch to make a particular currency look different and you’re on the top of a hill. Well, maybe for a while. A very short while. Don’t underestimate PR & marketing.
[/quote]I’m not saying we should actually do that. I do not imagine that this is something that we should ever have to be worried about. I expect when Scrypt ASICs turn up I’ll be buying them to mine Feathercoin. This is probably going to be a discussion when Scrypt ASICs look to become a reality, there are people working on Scrypt FPGAs but it is still early days.
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There are features which add functionality and there are ones which don’t. YACoin’s features don’t add any. They just complicate things for a while. NovaCoin was an interesting fork merging PPCoin features with scrypt, though the launch was rather unclear and paying BTC-e for getting listed didn’t improve karma either.
If there are any interesting features to be added to FTC, no problem, let’s talk about. Any useful functionality added is a plus. LTC is the #1 scrypt currency now, but things may change.
We shoudn’t worry either about scrypt ASICs or scrypt FPGAs. In fact, we could develop FPGA mining HW ourselves, but it’s not cost effective currently, though achievable without much investments. ASICs are different. Such a start-up must raise at least 10 million USD to develop and deliver first batches of working product. If something goes wrong, additional investments may be needed and significant delays may happen. BFL is a good example.
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But… they at least filled the page with more info and higlited some features.
I do think feathercoin main page is too brief and need some enhancement. -
[quote name=“mirrax” post=“6166” timestamp=“1369425832”]
But… they at least filled the page with more info and higlited some features.
I do think feathercoin main page is too brief and need some enhancement.
[/quote]Good point. I can at least update the text to reflect our recent change to difficulty. I’ll get on to this in the morning now, it is late in the UK.