Vertcoin - First Scrypt N | First Stealth Address

A: Did i imply knc was for scrypt-n? That was not what i meant.

I interpreted this way as well. It's good you did not mean that. However, why, then, should this be a deadline to look forward to? It is very arbitrary in the grand scheme of things. There are other ASIC manufacturers, for example, why not pick their release date? Why not Halloween? Why not the next coming of Christ?

Quote from: rapsac on April 05, 2014, 04:34:35 PM

Roughly 2/3 of the litecoin community is not happy with the comming asics (and rightly so). These ppl are looking for an alternative and vertcoin could very well be that alternative. Get them while they are pissed off at litecoin.

Just because it may appear that 2/3 of people in the FORUM are not happy with coming ASICs does not mean 2/3 of all Litecoin users feel this way. You can not extrapolate to the entire population with such a small sample size. I think it would be foolish to place strain on our own community (hard fork) based on the assumption that these users will switch over. Our coin speaks for itself - people will come over or they won't.

Quote from: rapsac on April 05, 2014, 04:34:35 PM

You will have to get used to more frequent forks, if not or if the devs do not choose to do so then the asic resistant claims are as toothless as all other asic resistant coins have been and will be as any 'big' coin will get attacked by asics.

As i said before: this is a unique chance to be different from the other (failed, at least on asic resistance) coins. Vertcoin will have to do things different, and let people know they do things different.

More frequent forks, maybe. But not unnecessary ones. What's the point? You are wanting to inconvenience thousands of people for no reason. Being different to improve the coin is good; being different just to do random shit is stupid.

Release date: knc is most popular in chatboxes(release in roughly 6 month)+ 'announcement' of scrypt-n asic (they will do a tapeout in roughly 6 month if they are not lying).
LTC'ers against asics:
Ok, then you do a poll and ask ALL litecoin users.
Forks:
Any random shit is stupid. But being ahead of things is hardly stupid? Showing you mean business when threatened isn't stupid? Being THE asic resistant coin isn't stupid?

I said over and out before. I mean it this time, no more replies from me on this subject. I think i've said it all multiple times (to the point where readers think they are invading my thread Wink

).
Vertcoin needs to do things different. Get a system in place for easier updates/forks, advertise your plans for the futere (still not happening), get prepared, be pro-active!
Failing any point above-> bye bye asic resistance, or at least fail to get the userbase/growth perspective to be the #1(/#2) coin.

I don't understand why you keep mentioning KnC when it can't even mine this coin Huh

. VTC is already ahead of the curve, that's why an n-scrypt specific ASIC needs to be created in order to be able to mine it. The Bliss announcement is a joke (double the hash rate, keep the price the same, mine n scrypt == Roll Eyes

)

On another note, developers are posting updates on the developer blog when they have time to since they are pretty busy. Boris has been posted multiple threats that if a real threat appears they will fork the coin as needed.

don't you understand why we call some one paranoid