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Question: Should LTC change POW to uphold the no-asic feature of litecoin
Yes - 719 (73.2%)
No - 186 (18.9%)
What is this I don't even - 30 (3.1%)
No, because I want LTC to fail - 24 (2.4%)
Yes, because I want LTC to fail - 23 (2.3%)
Total Voters: 982

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Author Topic: [LTC] Changing the litecoin Proof of Work function to avoid ASIC mining?  (Read 33228 times)
harveyweizhao
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March 25, 2014, 12:20:37 PM
 #121

I vote for YES.

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March 25, 2014, 12:57:01 PM
 #122

Year, change it.if ASIC comes, LTC is destroyed!

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March 25, 2014, 01:17:40 PM
 #123

may be "DAC" do ti himself.

the rule is automatic or "most people" game ??

I CHOOSE "YES"

BECAUSE I HAVE GPU MINER.

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March 25, 2014, 01:45:14 PM
 #124

矿机出现更利于发展   如果为了这个改算法  永远不会成为主流币
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March 25, 2014, 01:52:02 PM
 #125

Year, change it.if ASIC comes, LTC is destroyed!

yes because ASIC destroyed Bitcoin .

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March 25, 2014, 02:00:02 PM
 #126

Yes, change it to X11.

The talk about changing algos won't go away anymore.
I'm doing Darkcoin since yesterday and I already enjoy the silence and lack of heat mining X11.
My power bill will be cut in half. The chart for the coin looks amazing.

A lot of the hassle regarding fundamental changes in the software would be taken away, if there were an in-app update method contained in the wallet.

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flounderella
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March 25, 2014, 02:02:26 PM
 #127

Having ASICs is not all bad. It's a much cheaper way to secure the blockchain. The argument that it somehow precludes small miners is also false. There are already GPU farms that control hundreds of MH and more (think hundreds of R9 280/290s), something that would be unthinkable for small miners. If anything cheap ASICs will make it easier to mine at much less power consumption for the average miner.
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March 25, 2014, 02:09:11 PM
 #128

Having ASICs is not all bad. It's a much cheaper way to secure the blockchain. The argument that it somehow precludes small miners is also false. There are already GPU farms that control hundreds of MH and more (think hundreds of R9 280/290s), something that would be unthinkable for small miners. If anything cheap ASICs will make it easier to mine at much less power consumption for the average miner.

+1

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March 25, 2014, 02:38:12 PM
 #129

Having ASICs is not all bad. It's a much cheaper way to secure the blockchain. The argument that it somehow precludes small miners is also false. There are already GPU farms that control hundreds of MH and more (think hundreds of R9 280/290s), something that would be unthinkable for small miners. If anything cheap ASICs will make it easier to mine at much less power consumption for the average miner.

+1

Yeah, and suicide is also not that bad, you won't have to bring down the trash anymore, just saying.

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El Dude
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March 25, 2014, 02:40:42 PM
 #130

Having ASICs is not all bad. It's a much cheaper way to secure the blockchain. The argument that it somehow precludes small miners is also false. There are already GPU farms that control hundreds of MH and more (think hundreds of R9 280/290s), something that would be unthinkable for small miners. If anything cheap ASICs will make it easier to mine at much less power consumption for the average miner.

+1

Yeah, and suicide is also not that bad, you won't have to bring down the trash anymore, just saying.

wat?

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flipme
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March 25, 2014, 04:22:42 PM
 #131

Having ASICs is not all bad. It's a much cheaper way to secure the blockchain. The argument that it somehow precludes small miners is also false. There are already GPU farms that control hundreds of MH and more (think hundreds of R9 280/290s), something that would be unthinkable for small miners. If anything cheap ASICs will make it easier to mine at much less power consumption for the average miner.

+1

Yeah, and suicide is also not that bad, you won't have to bring down the trash anymore, just saying.

wat?

Oh nothing important, let me just piss in your corn flakes.

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lucienlu
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March 26, 2014, 01:42:36 AM
 #132

distribute to more. the value is more

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March 26, 2014, 02:53:05 AM
 #133

支持改变算法抵制矿机,虚拟市场唯一的出路!
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March 26, 2014, 04:14:54 AM
 #134

aha,ithink so
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March 26, 2014, 04:23:41 AM
 #135

pls!!!!!
change it!!!
change all the coinssssssssssss !!!!!!!!!!!!!!!!!!!!!!!!!!!11
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March 26, 2014, 05:29:06 AM
 #136

all coin based on LTC will die Embarrassed
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March 27, 2014, 03:21:18 PM
 #137

支持改变算法抵制矿机,虚拟市场唯一的出路!

YES
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March 28, 2014, 11:24:02 AM
 #138

抵制矿机,支持显卡!!!!
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March 28, 2014, 02:22:28 PM
 #139

If you are going to travel down that Luddite road, why not make it GPU resistant too - a CPU only coin. Better yet, just rename it the ABACUS coin and implement an abacus only PoW algo.

Most people who criticize ASICS on the basis that they are offensive to the concept of decentralized mining need to stop and think.
In a very short time, ASICS will be as common and affordable as GPUS are today and everyone will have a few in their basement or garage.
Meanwhile, GPUs are rapidly ending up on the CPU die or SOC.


Aggregate distributed hashpower secures a coin, it does not threaten it. ASICS represent forward progress.
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March 28, 2014, 03:13:46 PM
 #140

I think the dev should change the algo. You guys have made lots of money. Just do something more.

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