Looking for YAcCoin? Find YAC Price, Exchanges, Reviews, Chart, Historical Data & YAC Marketcap
YAcCoin (YAC) Ranked 1568 in Coin Market Daddy Currencies Index. YAcCoin (YAC) price is $0.001079. Today YAcCoin price is down (-0.15%). $21 worth of YAcCoin (YAC) has been traded in the past 24 hours. YAcCoin (YAC) currency type is coin (mineable). YAC trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update YAcCoin (YAC) and contribute to CMD Cryptocurrency Encyclopedia.
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.