It’s time to take a look at another fancy colour crypto currency, called YellowCoin. I find it amusing how nearly all of these “coloured” coins are all Proof-of-Work/Proof-of-Stake hybrids with the same ambitions. Let’s take a look!
YellowCoin is a Scrypt PoW-PoS Hybrid, and the PoW stage lasted all of 7 days. During this phase, 25,000,000 coins were generated. The PoS stage is , as of this writing, giving you a 10% daily stake, which will drop to 3.65% annually after block 108,000.
There was also a pre-mine of 5,000,000 YellowCoin , of which roughly 750,000 coins remain at this point. This funds will be used for future coin development, marketing, and other things. Nothing out of the ordinary here if you ask me.
Now, YellowCoin wouldn’t be a good and interesting Proof-of-Work/Proof-of-Stake hybrid cryptocurrency without a working multipool! With a very minor fee of 0.25% to cover all costs, this is one of the “cheapest” multipools I’ve seen so far.
You can find and trade YellowCoin on a fair few exchanges, as Bitcoin trading pairs can be found on Poloniex, BitTrex, Europex, Coin-Swap,BleuTrade,Bit126 and CoinOpend. BleuTrade also offers a Litecoin and DogeCoin trading pair.
All in all, YellowCoin looks like an interesting cryptocurrency to invest in. With the price currently around 800 Satoshi, there is still lots of profit to be made. As more games and services get developed over time, you never know where it might head to!
YellowCoin donations can be sent to : Y46ymnedkGXj4oaGwfhj3S3VMuVgXYQkUc