Ycash
YEC#1317 by market capNot covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
Ycash is for private payments. We have not written its record yet, so its promises are not checked. It trades at $0.6168, #1170 of all coins by size, 90% below its highest ever price.
This week Nothing changed on its record.
A real job. No dated promises on its pages. Nothing dated ahead. #9 of 19 privacy coins. Nothing to be careful of on the record.
Is it real?
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2 of 4
- ✓A real-world jobReal-world purpose: private payments
- –Real backingA named investor, an index, a major exchange, or a billion-dollar size.
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- ✓Room to growRoom: worth $10.44M, 28 times smaller than Decred, the biggest coin within reach doing the same thing (Privacy Coins)
No named backer
- Origin21 July 2019about about 7 yearsTagged Made in USA on CoinGeckoy.cash, GitHub
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingNo named investorNot on a big exchange we track
- Standing on the recordNo recordNo dated promise to judge yet0 headlines last monthNo corrections needed so far
It is already worth more than the typical coin in Privacy Coins ($7.28M). To match the leader, Decred ($292.32M), its price would need to rise 2700%, to about $17.27.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- Listed on fewer than two big exchanges
- No named investor among its tags
- Only 0 headlines named it last month
- Years younger than the group's leader
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
Private payments
21 coins tagged Privacy Coins, worth $29.75B together. #11 of 21 by worth.
Privacy Coins: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Ycash$10.44Mthis coin+10.2%81% outno record
Decred$292.32M28.0× bigger, +$281.88M−1.1%, gap −11.384% outnone dated
Zano$94.48M9.1× bigger, +$84.04M−2.7%, gap −13.0no max51 of 69 delivered
Nockchain$87.41M8.4× bigger, +$76.97M−13.1%, gap −23.354% out20 of 30 delivered
Verge$44.75M4.3× bigger, +$34.31M−0.9%, gap −11.2no maxno record
Pirate Chain$44.6M4.3× bigger, +$34.16M+0.1%, gap −10.1no maxno record
Zclassic$16M1.5× bigger, +$5.57M+241.2%, gap +231.090% outno record
Firo$14.36M1.4× bigger, +$3.92M+4.0%, gap −6.289% outno record
Privacy Coins: this coin next to Decred, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Ycash says
- Ycash is a digital currency, like Bitcoin or Zcash.
- Decred says
- Decred is a cryptocurrency where coin holders vote on network changes and treasury spending, and development is paid for from the network's own treasury.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Ycash is a digital currency, like Bitcoin or Zcash. In fact, the software for Ycash is based on the software for Zcash, which in turn is based the software for Bitcoin.
Problem it says it solves: private payments. 21 coins are working on it and together they are worth $29,751,829,740. This coin is 0% of that.
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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Privacy Coins: this coin next to the group's largest, Decred.
| Ycash | Decred | |
|---|---|---|
| Years trading | 7 years | 11 years |
| Major exchanges | 0 | 3 |
| Named backers | 0 | 1 |
| Headlines, last month | 0 | 1 |
| Promises delivered | no record | no record |
What it says is different: Ycash is a digital currency, like Bitcoin or Zcash. In fact, the software for Ycash is based on the software for Zcash, which in turn is based the software for Bitcoin.
It is 3.6% the size of Decred. On the facts above it is behind on years trading, major exchanges, named backers, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $6.10 on 21 July 2019. Today is 10% of that.
81%
of all YEC that will ever exist is already out in public hands: 16.92M coins.
19% (4.08M coins) is not yet created or held by the project. That is a small share. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Pays for every use of its network
Every transaction on its network pays a fee in it. That is the built-in reason anyone needs it.
- Every transaction on its network pays a fee in it
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 16.92M of 21M.
- 4.08Mcoins still to be released, 19% of the maximum. Releases can add selling pressure.
- of its all-time high of $6.10 on 21 July 2019. That is −89.9% from the top.
- #1170by market cap, $10,438,220.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
What the news says
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Nothing in the news this month.
Why it movedUp 10% today. No headline named it in the last three days, so the move is not explained by news we can see.
Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.
The record itself
Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy