Joint Venture Enables Direct GPU Mining of Wry Token

Joint Venture

The daPool Mining Pool and the Ycash Foundation have entered into a joint venture to enable GPU miners from around the world to mine Wry, the new DeFi token on Binance Smart Chain recently launched by the Ycash Foundation.


In addition to representing wrapped Ycash, Wry will power a lending platform for using ERC-20 tokens as collateral for stablecoin loans

Introduction

I am excited to announce the official launch of the Wry token on Binance Smart Chain (BSC).

Wry is Wrapped Ycash, and More

What is Wry? The name Wry derives from the term Wrapped Ycash…


The Ycash Foundation will launch ERC-20 tokens representing wrapped Ycash on both Ethereum and Binance Smart Chain

James Tissot, “Departure of the prodigal son” (1863). Oil on canvas. Petit Palais, Paris, France.

Announcement

I am excited to announce that the Ycash Foundation will launch ERC-20 tokens representing “wrapped” Ycash on both Ethereum and Binance Smart Chain by January 15, 2021. These tokens will enable Ycash holders to use Ycash with Decentralized Finance (DeFi) applications like Uniswap on Ethereum and PancakeSwap on Binance Smart Chain.


A regrettable pun, but a legitimate question nonetheless

Leonardo da Vinci, “Annunciation” (circa 1472–74). Image license: CC BY-SA.

Introduction

This is the first in a series of articles that will discuss the brief history, current status, and future of the Ycash digital currency.


Backing up your wallet, receiving YEC, and sending YEC to a shielded address

Introduction

In this article, we will show you how to get started with using YecLite, a lightweight Ycash wallet for MacOS, Linux, and Windows. We will walk you through downloading YecLite, backing up your wallet, receiving YEC into a transparent address, and then sending a portion of that YEC to a shielded address.


Enjoy the power and privacy of shielded Ycash transactions on your personal computer, without needing to download the entire Ycash blockchain

Introduction

The Ycash Foundation is excited to announce the release of YecLite, a lightweight Ycash wallet that fully supports shielded Ycash transactions on computers running MacOS, Linux, or Windows. Download YecLite now:

The Importance of a Lightweight Option for Shielded Transactions

To fully appreciate the importance of having a lightweight option for using…


The Ycash Foundation will fund projects in four key areas

Portion of New York City subway map. Source: Metropolitan Transportation Authority.

Introduction

This roadmap covers Ycash software development for the next several months. (It also includes projects completed between the Ycash launch on July 18, 2019 and the initial publication of this roadmap on August 15, 2019.) This roadmap is subject to change; check back here for the most up-to-date information.

  1. Improvements to ycashd and YecWallet
  2. Light Wallets
  3. Merchant Tools
  4. Mining Algorithms

Summary

Below is a summary of the projects that the Ycash Foundation is funding, organized by area.

Improvements to ycashd and YecWallet


With a worldwide legion of GPUs, Ycash has launched.

“Earthrise,” captured by William Anders from the Apollo 8 spacecraft while in lunar orbit. Image Credit: NASA.

A New Beginning

Twenty-four days ago — on July 18, 2019 — the Ycash/Zcash chain fork occurred. As the last block shared with Zcash was mined at 19:31:50 PDT, people around the world mining with GPUs began working on mining the first Ycash-specific block.


Before you decide to mine or buy Ycash, some considerations

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Last minute tips for increasing your security and privacy on both blockchains

Close-up of a chain link fence. Photo of by Feifei Peng on Unsplash

Introduction

After the Ycash/Zcash chain fork occurs very soon at block height 570,000, the private keys associated with your ZEC on the Zcash blockchain will also be associated with YEC on the Ycash blockchain. As a ZEC holder, if you choose to try to access your YEC, you may want to “unlink” your YEC and ZEC in certain ways for increased security and privacy.

Strategy #1: Move your ZEC to new addresses AFTER the fork.

Let’s say your ZEC is associated with a set of addresses that we’ll call Address Set M.

Steps for Strategy #1

  1. Fork occurs at block…

Ycash Foundation

Nonprofit dedicated to developing and promoting Ycash

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