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trolls are trolling
miners are mining
ASIC unfriendly scrypt is moving to more ASIC resistant algoritm
and noobs are... preordering...
Many polls running to hard fork many scrypt currencies to be ASIC resistant again. Or just let them to die and move to really resistant currencies for people and not for ASIC producers mining for peoples money.
miners are mining
ASIC unfriendly scrypt is moving to more ASIC resistant algoritm
and noobs are... preordering...
Many polls running to hard fork many scrypt currencies to be ASIC resistant again. Or just let them to die and move to really resistant currencies for people and not for ASIC producers mining for peoples money.
What is the purpose of Cryptocoins? To make you money? Security in a purchase?
They do not exist to secure a miners investment in a product, be it a CPU, GPU or even an ASIC.
They exist to better our money system and our lives. And the experiment is just starting.
To talk about what is best at this point is pure conjecture, no one knows. And may the best Cryptos win.
The experiment should involve anything and everything to find which Cryptos can withstand the most.
Changing algorithms might be a valid way to avoid ASIC's but does it help the coin? I don't believe so as ASIC's entering the scene strengthen the network.
It is hard to say at this point what is best, but even Litcoins creator, Charlie Lee said ASIC's for LTC are coming and is not a bad thing.
If something came out better than my Bitcoin ASIC and rendered what I have useless, then so be it, as long as the network is stronger and it benefits people, than that is the point.
Its about sharing
Nope.
LTC and scrypt in general were introduced to be ASIC resistant. This is the main reason of their existance. So it seems legit that the community is now trying to keep them ASIC resistant. Thats all.
