Yacoin YAC

Live Yacoin prices from all markets and YAC coin market Capitalization. Stay up to date with the latest Yacoin price movements and discussion. Check out our snapshot charts and see when there is an opportunity to buy or sell Yacoin.

Price

BTC 0.0000
USD

0.00

Market Cap.

USD

148,650

Change % (1H)

%

Change % (24H)

%

Yacoin (YAC) Historical Price & Volume Charts

Description

YaCoin (YAC) was created in May 2013 - so not one of the later 2013 deluge of currencies. It was also the first coin to introduce the Scypt-n parameter. Reward is equal to 25 divided by the difficulty to the power of 1/6. The coin is a hybrid proof of work and proof of stake coin with a fixed transaction fee of 0.01 YAC per transaction. The coin is a dynamic inflationary/deflationary economic model - like peercoin - as the block rewards for POW mining are inversely proportional to the amount of computer power used. The Proof of stake is set at 5% per annum. The fixed transaction fee will act as a brake to supply depending on the velocity of it use - i.e. how much it is used - probably one of the most innovative economic models out there.

Genesis Date: 2013-05-05

Website: http://www.yaccoin.org/

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