Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [YC] YellowCoin ★★ Pure PoS - 10% Daily ★★ Let's color the MOON !!!
by
DRPD
on 28/04/2014, 18:31:16 UTC

Quote
Thank god the dev is alive. What about the 10% issue?

or maybe 10% at day 18 not really daily basis imagine you will double your balances in your wallet if daily basis, lol

That is exactly what we all were counting on - mining for 7 days, and then watching our balances double over the next 10 days.

and that's the reason why he/she said soon, at day 18, (10% of wallet balance)

https://github.com/YCteam/YellowCoin/blob/master/src/main.cpp#L994
Code:
const int DAILY_BLOCKCOUNT =  4320;    // 1440 * 3
int64 GetProofOfStakeReward(int64 nCoinAge, unsigned int nBits, unsigned int nTime, int nHeight)
{
    int64 nRewardCoinYear;
nRewardCoinYear = MAX_MINT_PROOF_OF_STAKE;

if(nHeight < (7 * DAILY_BLOCKCOUNT))
nRewardCoinYear = 1 * MAX_MINT_PROOF_OF_STAKE;
else if(nHeight < (18 * DAILY_BLOCKCOUNT))
nRewardCoinYear = 1000 * MAX_MINT_PROOF_OF_STAKE;

    int64 nSubsidy = nCoinAge * nRewardCoinYear / 365;
if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfStakeReward(): create=%s nCoinAge=%"PRI64d" nBits=%d\n", FormatMoney(nSubsidy).c_str(), nCoinAge, nBits);

    return nSubsidy;
}

Seems nothing wrong with the code. We will get 10% POS soon.

Dev is avoiding the issue.  Dumped my coins and now the price is falling precipitously.  I'm not the only one that sees this.  Get out while you can.


exactly & already dumped ....