Question 1

What's the current price of YACoin (YAC)?

Accepted Answer

The current price of YACoin (YAC) is A$ 0.00059269.

Question 2

What is YACoin (YAC)?

Accepted Answer

YACoin is a sturdy and reliable open-source cryptocurrency that operates through the collective efforts of a volunteer community. It is distinguished for being the pioneer of the Scrypt-N Proof of Work method. To differentiate itself from other cryptocurrencies, YACoin adopted a Proof of Work (PoW) algorithm known as SHA-3 KECCAK. Additionally, it utilizes Proof of Stake (PoS) to shield itself from potential PoW attacks.

Question 3

Who are the creators of YACoin?

Accepted Answer

The creators of YACoin are a community of volunteers dedicated to contributing to the digital currency's growth and development. Diverse in skills and expertise, these individuals not only contribute codes, but also help enhance the YAC community by providing translations, how-to guides, and other useful content.

Question 4

How does YACoin function?

Accepted Answer

YACoin functions through a combination of two consensus algorithms - Proof of Work (PoW) and Proof of Stake (PoS). While the PoW algorithm, SHA-3 KECCAK, is in charge of creating new blocks and transactions, the PoS helps in maintaining the network's security. This combination enhances YACoin's resistance against malicious attacks.

Question 5

What Makes YACoin different?

Accepted Answer

The unique selling point of YACoin lies in its introduction of the Scrypt-N PoW and its use of the SHA-3 KECCAK PoW algorithm. Unlike other cryptocurrencies that either follow the PoW or the PoS protocol, YACoin combines both to ensure a more robust and secure network. This dual-algorithm structure distinguishes YACoin from other cryptocurrencies and strengthens its defense against potential threats.

Question 6

How secure is the YACoin Network?

Accepted Answer

YACoin's network is secured via a dual mix of both PoS and PoW consensus mechanisms. This hybrid nature makes it harder for bad actors to execute a 51% attack, which significantly increases the network's safety. This, in combination with ongoing vigilance and contributions from the YAC community, inspires confidence in its uptime and security.

Question 7

How much YACoin is in circulation?

Accepted Answer

As of now, there are  YACoins in circulation.

Question 8

Where can one purchase YACoin (YAC)?

Accepted Answer

YACoin (YAC) can currently be purchased from the following exchanges: YoBit

Question 9

What is the current market cap of YACoin?

Accepted Answer

The current market cap of YACoin is A$ , making it the #1 largest cryptocurrency in terms of market capitalization.

Question 10

How much trading volume does YACoin see on a daily basis?

Accepted Answer

The 24-hour trading volume for YACoin is approximately 1.1.

Question 11

How has YACoin's price changed over the last 24 hours?

Accepted Answer

In the last 24 hours, the price of YACoin has increased by +0.00%.

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