how does feathercoin change anything?

[Noitev]

I'm not saying this to be a typical altcoin hater, but I don't get what makes it different from LTC other than it makes more coins per block... Can someone explain why anyone who believes in a scrypt based miner should use FTC over LTC?

[Boxman90]

They should work alongside each other.

[Noitev]

They should work alongside each other.

if they both run scrypt, then why use one over the other? are they comepting for the same hashing power?

[thep33t]

They should work alongside each other.

if they both run scrypt, then why use one over the other? are they comepting for the same hashing power?

Should we have one central cryptocurrency?

[twelph]

They should work alongside each other.

if they both run scrypt, then why use one over the other? are they comepting for the same hashing power?

Should we have one central cryptocurrency?

No, but they should either:
A) Solve a problem
B) Innovate

[thep33t]

They should work alongside each other.

if they both run scrypt, then why use one over the other? are they comepting for the same hashing power?

Should we have one central cryptocurrency?

No, but they should either:
A) Solve a problem
B) Innovate

If they solve a true problem, would it not, overtime, obsolete the one before it? Same with innovation.

I agree, both A and B should happen, but in the absense of that, haivng alternatives is a good idea IMHO.

Now how many is enough? That is the million dollar question.

[twelph]

They should work alongside each other.

if they both run scrypt, then why use one over the other? are they comepting for the same hashing power?

Should we have one central cryptocurrency?

No, but they should either:
A) Solve a problem
B) Innovate

If they solve a true problem, would it not, overtime, obsolete the one before it? Same with innovation.

I agree, both A and B should happen, but in the absense of that, haivng alternatives is a good idea IMHO.

Now how many is enough? That is the million dollar question.

If you take a look at most markets, 2 entities seems to be too little for innovation, and my favorite number is three, so there you go

My prediction is there will be an orignal, a faster coin, and a proof of stake coin. With the proof of stake coin probably being faster than the original coin.

[Radacoin]

I'm not saying this to be a typical altcoin hater, but I don't get what makes it different from LTC other than it makes more coins per block... Can someone explain why anyone who believes in a scrypt based miner should use FTC over LTC?

If you like "your" coin, promote and support it.

The Feathercoin guys seem to do a very good job building up infrastructure. The Litecoin guys seem to be pretty lazy.

In the long run that might make the big difference.

It's like with Pepsi and Coke. Both are essentially the same. Yet Coke has a way bigger market share.

So which coin is Pepsi and which one is Coke in 10 years from now?

[Tittiez]

It creates a new chain so people have another chance at being an early adopted and making a fuckton. I know I've already made a ton from being one of the first to mine it.

[Frizz23]

No, but they should either:
A) Solve a problem
B) Innovate

And if it's a Chinese coin: C) plagiarize

Maybe FTC does not stand for Feathercoin, but for Fuck The Chinese (we too can plagiarize)? 

[twelph]

I'm not saying this to be a typical altcoin hater, but I don't get what makes it different from LTC other than it makes more coins per block... Can someone explain why anyone who believes in a scrypt based miner should use FTC over LTC?

If you like "your" coin, promote and support it.

The Feathercoin guys seem to do a very good job building up infrastructure. The Litecoin guys seem to be pretty lazy.

In the long run that might make the big difference.

It's like with Pepsi and Coke. Both are essentially the same. Yet Coke has a way bigger market share.

So which coin is Pepsi and which one is Coke in 10 years from now?

it's more like:
Litecoin - Pepsi
Feathercoin - Diet Pepsi (With New Marketing Strategy)
Bitcoin is Coke of course

[frga13]

it's more like:
Litecoin - Pepsi
Feathercoin - Diet Pepsi (With New Marketing Strategy)
Bitcoin is Coke of course

 

[Noitev]

I'm not saying this to be a typical altcoin hater, but I don't get what makes it different from LTC other than it makes more coins per block... Can someone explain why anyone who believes in a scrypt based miner should use FTC over LTC?

If you like "your" coin, promote and support it.

The Feathercoin guys seem to do a very good job building up infrastructure. The Litecoin guys seem to be pretty lazy.

In the long run that might make the big difference.

It's like with Pepsi and Coke. Both are essentially the same. Yet Coke has a way bigger market share.

So which coin is Pepsi and which one is Coke in 10 years from now?

Regardless of who works harder for their altcoin. I mean LTC has been around long enough to prove its worth, I think it's a bit too early to call who builds more infrastructure, especially since I feel like since this is all open-source, it's the communities responsibility to make the currency better, not just the developers. the point is that it is decentralized, most of the updates I've seen with altcoins just mirror bitcoin updates anyway. Also I don't get this notion of "Hey we based this coin on yours, We're going to work harder on it and arrogantly speak highly of it." I agree with the innovation note posted above. I like litecoin for that reason, it kinda just happened to be a nice mesh of scrypt and of faster blocks. This is literally just taking litecoin, making 1 small change that actually makes 0 difference, and promoting the hell out of it. I was asking if I was missing something. If it really is just a greater block reward, then feathercoin is just another dime a dozen altcoin. I'd be happy to back another altcoin and I'm ok with multiple currencies, it just seems to me that this isn't #3 to bitcoins 1 and litecoins 2.

[FuzzyBear]

Feathercoin is brilliant... it distracts the wanna get rich quick while doing nothing folk... from the rest who can secure other networks and earn some coins by doing something useful

[FuzzyBear]

...

Oh hey Noitev... I know u from Dragons Tale!!

[jt7382]

It seems to me like people are looking for Scrypt coins to get involved with. The ASIC miners are making the small time miners like us look for other options. FTC being one of the first Scrypt coins besides LTC gives it a niche.

[Tomatocage]

FTC is great because it distracts people from hashing on the LTC network.

[digicoin]

FTC is great because it distracts people from hashing on the LTC network.

Well-said 

[imperi]

FTC is great because it distracts people from hashing on the LTC network.

Litecoin distracts people from hashing on the FTC network. 

[markm]

It seems to me like people are looking for Scrypt coins to get involved with. The ASIC miners are making the small time miners like us look for other options. FTC being one of the first Scrypt coins besides LTC gives it a niche.

Tenebrix, then Faircoin, then Litecoin, then BBQcoin, then Feathercoin.

So yeah it is one of the first five, but it could also be said it is one of the last so far not one of the first so far.

Currently the very first, Tenebrix is doing BY FAR THE BETTER JOB of accomplishing the purpose for which Scrypt was used in the first place, which is to BE A COIN FOR CPU MINERS.

Right now only Tenebrix, and presumably Fairbrix if anyone fixed its code so it would actually compile nowadays, is friendly to CPU miners, the others have been taken over by GPU miners.

-MarkM-