Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: MyZhre on April 02, 2013, 01:57:35 AM



Title: Time to create CPU only coin?
Post by: MyZhre on April 02, 2013, 01:57:35 AM
As LTC difficulty raising, mining with CPU became pointless.


Title: Re: Time to create CPU only coin?
Post by: Vuxil on April 02, 2013, 02:02:42 AM
Why not just use PPC, where you eventually don't have to mine anything and proof of stake is what counts. It's the most energy-efficient alt coin right now, it has a bright future ahead of it.


Title: Re: Time to create CPU only coin?
Post by: antimattercrusader on April 02, 2013, 02:23:27 AM
I personally enjoy wasting energy.


Title: Re: Time to create CPU only coin?
Post by: MyZhre on April 02, 2013, 03:18:59 AM
I think the most important thing for any coin is fairness,


Title: Re: Time to create CPU only coin?
Post by: Vuxil on April 02, 2013, 04:24:21 AM
MyZhre, definitely check out PPCoin and proof-of-stake. You can essentially gain rewards based on how long you hold onto your coins via a mechanism called coinstake. Mining is only used at the start of the currency to generate coins. There is still a need to mine, but it is more balanced for those who can't mine as much because of coinstake.