Post
Topic
Board Announcements (Altcoins)
Re: [ANN][YAC] YACoin ongoing development
by
Beave162
on 12/07/2015, 12:20:02 UTC
So is this the end guys?

I got really excited when the price began to rise and made some optimistic predictions. Now it's all over red-rover?

I was planning to buy another million coins but maybe I would have better luck at the races?


We are in a holding pattern until the new wallet is released with senj's changes, which could take some time (I'd guess another month). Keep in mind that there will probably be complications with Cryptsy updating their wallet when that happens. Not to mention, there will likely be a fork if the 'malicious miner' doesn't update his wallet, which i suspect will be the case

The bottom line is that YACoin is being attacked and the price will keep falling as a result of that attack. I'm surprised it is still as high as it is. There was no 'chain trust' mechanism that is in every other PoW/PoS hybrid coin. I don't know how that has been overlooked for so long but such is the case.

The short-term for YACoin is grim, but the long-term is still good. Joe_Bauers clearly has priorities outside of crypto and that is a good thing. I really hope senj's changes will make YAC completely self-sustaining, and any improvements from that point will just be more icing on the cake.