seems to be a very good idea ,but wont litecoin(and other coins ) end up like bitcoin then? only can mine with elite hardware ...making it out of reach for the common people ?
Not necessarily. The issue with ASIC vs GPU under SHA256 is that ASICs hashing power scaled exponentially compared to GPUs. From the numbers that Jasinlee has posted, Scrypt ASICs offer a near 1:1 hash speed compared to GPUs. The real advantage of these 1st gen Scrypt ASICs will be power consumption and density. That's going to be a huge advantage for those of us who have a high cost per kWh.