Quote from: mhps on March 20, 2014, 05:17:51 AM

Quote from: Groko on March 20, 2014, 02:19:20 AM

After mhps's comment I dug down into the code and came to the conclusion mhps was right. That is, a 1000 day old chunk of 100 coins will get get 1000 days worth of interest. And there is no limit to the number of days. If you don't open your client for 10 years, and YACoin is still around in 10 years, then you will get 10 years worth of interest.

Thanks for taking time to confirm. Just a comment -- the good thing about giving you 10 years' worth of interest if you open your wallet once in 10 years is that people are attracted by the easy interest and become a long term user of the coin; the bad thing about it is that the savers would tend to open wallet once in a long while hence lending little support to the network through being a POS minting node. There are some relevant discussions here in the contect of PPC https://bitcointalk.org/index.php?topic=127954.msg1360154#msg1360154

That is interesting reading. I personally don't think we (YACoin) should force people to keep their clients open all the time. And I am at a complete loss how POS is supposed to be some kind of security utopia, especially when POS it nearly killed us. We neutered POS at block 420000, so It's behaving itself nicely now. What I have to say about security goes for every crypto currency. If you want security, then wait for more confirmations. Job done. If someone was buying your house with YAC, you should probably wait for at least an hour's worth of confirmations before you sign your title over. Selling someone a cup of coffee? An instant unconfirmed transaction will do.