Post
Topic
Board Announcements (Altcoins)
Re: [Ann] YinCoin YangCoin ☯☯ RELAUNCH First Ever POS/POW Alternator! Multipool! ☯ ☯
by
YinCoinYangCoin
on 24/04/2014, 14:53:36 UTC
YINCOIN & YANGCOIN (Why two coins? Read below) Poloniex did not delist us because they believe in the future of these coins!

ETA: 10-14 Days

These coins are relaunching and we have HUGE plans ahead. We are bringing something new that has never been done before.
This relaunch is focused on making YinCoin and YangCoin POS/POW, and setting up merged mining as well as multipools.
 
The key is that they will alternate between those, so at one point Yin will be POS and Yang will be POW. We are working on a getting a switch setup that is activated by mining, and when trigger each coin's role will swap, so then Yang will be POS and YIN will be POW.

We have started developing a website for the coins, and we now have investors with up to 100btc in funding to assist in the future of these coins. One big goal with all of this will be to get on Mintpal.

Our team this time around is the same at the core, but we have new members who bring strong skills. We are taking this very seriously, and expect huge growth. Expect to see x100 price increases when everything is completed.



YinCoin                                                                                       YangCoin          
18,000,000 Total Coin Supply                                                          18,000,000 Total Coin Supply

Exchanges:
https://www.poloniex.com/exchange/btc_yin
https://www.poloniex.com/exchange/btc_yang

Blockchain:
http://cga.inceptioncraft.net/blockexplorer/chain/Yangcoin    
http://cga.inceptioncraft.net/blockexplorer/chain/Yincoin

Why did we fail before?
Simple. Giving away coins for free essentially makes them worth nothing. We have not been dormant, we have been working to make these coins relevant and this is how.



What happened to all the coins you premined for distribution in the original yinyang. Are you going to sit on them or destroy them?

How does POW work when they have been premined?

From what it  sounds like is, you can earn one coin, and then join their multipool to earn the other coin that's been premined.  Whilst they keep the BTC for themselves. Its all ready to go, their extra funds are "locked up" in an exchange. This is already occurring as we speak with BC/WC/YC/AC/CINNI its just ying/yang are upfront about it.

Anyway I am done here.  Don't be the bag holders that you are being set up to be.

This is what we are working on now. All the old premined coins will be redistributed, butwe are trying to find a fair way to do that that will not destroy the market like we did hen gave away coins. It is actually kind of a hard deal to distribute properly.