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.
YAcCoin (YAC) Features
Technology Specifics for YAcCoin (YAC)
YAcCoin (YAC) uses the Scrypt algorithm and relies on the PoW proof type.