Quote from: mailmansDOGE on July 30, 2014, 12:57:48 PM

Quote from: subSTRATA on July 30, 2014, 12:54:50 PM

Quote from: sairon on July 28, 2014, 12:26:10 PM

aliases - i'd rather not do that. even firstbits seemed like a dumb idea to me. i can guarantee it'll end up like the coinbase's aliases (at least i think it was coinbase) - a fake sean's outpost charity alias registered within minutes and "the ceo of bitcoin", to name a few Cheesy

So what? But NVM, I see no one here wanna innovate even a bit so I'm out, enjoy YAC under 100 Satoshi very soon - well deserved.

To be honest I don't think innovation is what does the full thing. Take a look at myriadcoin, it's at 70 satoshi right now and it's the only one that introduced distributed algo mining...

Good point. But I was uneasy with Myriadcoin because if the concept was successful, wouldn't a 10+ algorithm coin be so much better? With that said, I feel so many people now are very simply looking at the price per coin. If people want to make money off of price speculation, there are MANY different avenues for that. I'll also point out that all of the alts have been declining, and it seems every thread is full of frustration with that. It is important to remember the price of Bitcoin in dollars has a huge effect on the price of YACoin in dollars.

Quote from: Thirtybird on July 30, 2014, 05:34:48 PM

Quote from: mhps on July 30, 2014, 02:37:05 PM

I think POW inflation seems too high when network hash rate is low.

I was actually kind of noticing the same thing - Worst case scenario, it becomes 100 coins per block, and that's 144,000 YAC per day mined in an idealistic situation (1 block per minute, no POS). The problem is, changing the reward is a hard fork, and
   a. Hard forks should be kept to a minimum
   b. changing the block reward has had detrimental effects on other coins
   c. from a YAC->BTC perspective, the price has adjusted to reflect this, and the same hash I had a month ago brings in more YAC, but that YAC is worth the same amount of BTC as last months YAC was worth at last months YAC->BTC prices.

I don't think a hard fork to address just that is in order, but if there were a couple of changes for the better that needed to be done, it might be something to consider changing.

I almost dropped YACoin altogether a while back because of this characteristic until someone pointed out the 100 block reward limit. I think the key here, in particular, is patience. What will happen when the 880ti comes out? I imagine it could have an effect on hashrate. There will surely be more high VRAM GPUs on the way, and I imagine some of the i7 chips will become cheaper, which will encourage higher and higher hashrate for all the scrypt-chacha coins.