I've spent some time getting familiar with merged mining. This stems from my concerns about the network hash rate and the actual solve times I'very been watching on the block chain. I see a hell of a lot of upside to this, and am confident that we can implement it.
My understanding so far is that pools can share hash power from litecoin or dogecoin and use it on sexcoin concurrently.
Is anyone aware of a downside?
What do you think?
I don't really see a downside, if Sexcoin needs a hard fork to implement this, then I think we can migrate properly.
I'll offer a bounty of 10000 SXC for a merged mining solution that works with Dogecoin.
If it is an either/or proposition, I'd go with Dogecoin rather than Litecoin because:
Dogecoin offers an alternative path to getting into crypto, it you explore the community and interact with the people involved, it is easy to get some without using an exchange or converting Bitcoin.
Litecoin on the other hand, doesn't really have a clear direction at the moment, other than being 'next in line' after Bitcoin if you are looking to have some kind of diverse crypto portfolio. I experienced a hitch recently that would rightly scare some people off, i.e. while Litecoin addresses are only valid with a 'L' prefix in the address, the client still happily sends coins to addresses proceeded by a '3', even though this makes the coins unrecoverable.
doge is merge mineable with ltc, so that means if sxc merge mines with ltc you can mine doge too (assuming it hasnt changed since i last looked)
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