Bitcoin Forum

Other => Beginners & Help => Topic started by: lanternblue on July 03, 2012, 10:04:49 PM



Title: NMC/LTC
Post by: lanternblue on July 03, 2012, 10:04:49 PM
What is wrong with the above currencies? Nobody interested?


Title: Re: NMC/LTC
Post by: Ploompuu on July 03, 2012, 11:51:52 PM
NMC is full of s**t.
Nothing wrong with LTC. So download miner,and start mining!


Title: Re: NMC/LTC
Post by: Stephen Gornick on July 03, 2012, 11:55:25 PM
NMC is full of s**t.

 ???

Namecoin is a special-purpose currency.


Title: Re: NMC/LTC
Post by: Blazr on July 04, 2012, 12:06:07 AM
NMC has a purpose, its a decentralized DNS system. To most people that doesn't seem like much, but it is a big achievement in freedom of speech. Before NMC, every domain had a big red stop button attached to it that any registry could press. NMC removes that button and has shown us a glimpse of the future of DNS systems.

LTC was designed to be a GPU-hostile currency, so that it would be mined by CPU's mainly. The hashing function used isn't GPU-hostile and apparently runs more efficiently on GPU's. It has no benefit over BTC & therefore IMO is now useless and a failed project.

Also, where did all these LTC threads pop out of? I thought I was the only one using it a while ago!