Specifications No premine Proof of Work: Scrypt-N SHA-3 Proof of Stake: 5% per year [change to] 0.05 YAC rewarded per coin*year after 30 days Stake minting: 30 day wait, enabled with checkbox from wallet Block time: 60 seconds Block reward: MIN(100, diff ^ 1/6) or variable 0 to 100 based on difficulty Total coin supply: No upper limit Added--probably needs help. Will look for a good explanation from one of the clones Difficulty adjusts every block Configuration file: yacoin.conf
How it worksI think more explanation can go here? Maybe some sales pitching--include outstanding features like coin control, checkbox stake minting, longterm asic resistance, each NFactor change decreases difficulty/increases block reward for newcomers with CPUs and low-end GPUs. I can work on something later. Great start!Yacoin is the original creator of Scrypt-N Proof of Work. Yacoin chose a PoW algoritm SHA-3 KECCAK to further distance itself from other coin creation schemes. Yacoin uses Proof of Stake to secure itself from pure PoW attacks.
Proof of Stake is an improved version from Peercoin's implementation. Yacoin counts PoS blocks with equal weight as PoW blocks.