Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: CryptoCurrencyInc.com on July 29, 2014, 01:40:08 PM



Title: Why people stop developing SHA256 COINS?
Post by: CryptoCurrencyInc.com on July 29, 2014, 01:40:08 PM
Why people stop developing SHA256 COINS?

Is SHA256 losing ground in the Cryptocurrency markets?


Title: Re: Why people stop developing SHA256 COINS?
Post by: mmeijeri on July 29, 2014, 02:07:45 PM
Because they get sabotaged immediately?


Title: Re: Why people stop developing SHA256 COINS?
Post by: byt411 on July 29, 2014, 02:09:19 PM
Because someone can just fire up a few TH/s and wreck the coin?
The question you should ask, is "Why do people develop altcoins that have no special features?".


Title: Re: Why people stop developing SHA256 COINS?
Post by: yakuza699 on July 29, 2014, 02:14:12 PM
A lot of new coins die very quickly because of the 51% attack plus there are plenty of sha-256 coins already which are unique in some way and thinking of new features is very hard when there are so many already.







Title: Re: Why people stop developing SHA256 COINS?
Post by: tsoPANos on July 29, 2014, 02:24:29 PM
Because of asics mininig hardaware which will skyrocket the difficulty.