USE case of LTC post asics

[jubalix]

How effective are the LTC asics v gpu's are they going squeeze out GPU's completely (seems that way)

If so then LTC is down to,
broader user coin distribution (is this true or provable) then BTC
Top notch Dev, wgotami,
Coblee seems cool.
Good community.

a few boundary conditions changes (navier stokes eqns...look it up)

Is this enough to differenetiate it from BTC.

I hold both no pejoratives ITT.

It seems that a truly asic resistant algo is needed which wgotami and friends suggests is not yet available.

(hence this is why I hold so peercoin as well, to diversify from pow, and for its long term)

[El Dude]

For some reason people thought Litecoin's main selling point was to be asic resistant  but asics weren't even around in 2011 when Litecoin was created.

[jubalix]

For some reason people thought Litecoin's main selling point was to be asic resistant  but asics weren't even around in 2011 when Litecoin was created.

if I recall it was supposed to be GPU resistant....that didn't quite work out....and have a well announced start, so better distro.....

I think wogtami and friends perhaps are developing a trully asic resistant algo and will for to that........

Personally if the LTC can go back to GPU's I think this is the sweet spot of distro for POW, keeps the bots nets out, in the hands of the midtoracy and is harder to centralize.

[El Dude]

For some reason people thought Litecoin's main selling point was to be asic resistant  but asics weren't even around in 2011 when Litecoin was created.

if I recall it was supposed to be GPU resistant....that didn't quite work out....and have a well announced start, so better distro.....

I think wogtami and friends perhaps are developing a trully asic resistant algo and will for to that........

Personally if the LTC can go back to GPU's I think this is the sweet spot of distro for POW, keeps the bots nets out, in the hands of the midtoracy and is harder to centralize.

I don't think theres a secret plan to create a new algorithm or coin , the devs have stated that asics are a good thing which increase the hasrate.