Bitcoin Forum
December 11, 2017, 11:05:29 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 [17]  All
  Print  
Author Topic: (Unofficial) [ANN] Litecoin [LTC] to X11 algorithm hardfork  (Read 67814 times)
jnada
Sr. Member
****
Offline Offline

Activity: 310


View Profile
April 02, 2014, 04:38:33 PM
 #321


I think for majority of community its no brainer (those that are not braindead) who to support, you or current dev team.
Well mate, don't forget about 51% will. LTC was created as an answer for ASIC coming to BTC. Decentralized hashpower this is what we should stick to. Not to profit of ASIC companies

NEM                                        NEM                                          NEM                            launch on 22nd November 2014 !                                          TAQDPC-BT35MC-YAWTKQ-OFEZOS-CMBKHM-F5Q3L6-YEYL
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513033529
Hero Member
*
Offline Offline

Posts: 1513033529

View Profile Personal Message (Offline)

Ignore
1513033529
Reply with quote  #2

1513033529
Report to moderator
1513033529
Hero Member
*
Offline Offline

Posts: 1513033529

View Profile Personal Message (Offline)

Ignore
1513033529
Reply with quote  #2

1513033529
Report to moderator
tz
Sr. Member
****
Offline Offline

Activity: 294


View Profile
April 02, 2014, 04:55:31 PM
 #322


I think for majority of community its no brainer (those that are not braindead) who to support, you or current dev team.
Well mate, don't forget about 51% will. LTC was created as an answer for ASIC coming to BTC. Decentralized hashpower this is what we should stick to. Not to profit of ASIC companies

+1

Litecoin is nothing if ASICs start mining it. It won't see the end of this year.
dragonhunter
Jr. Member
*
Offline Offline

Activity: 37


View Profile
April 02, 2014, 04:57:39 PM
 #323


I think for majority of community its no brainer (those that are not braindead) who to support, you or current dev team.
Well mate, don't forget about 51% will. LTC was created as an answer for ASIC coming to BTC. Decentralized hashpower this is what we should stick to. Not to profit of ASIC companies

Dont forget about all those people that BOUGHT LTC as investment, and dont know anything about mining, hardfork, GPUs, CPUs, ASICs, etc...

Quote from original post on LTCtalk from coblee:

Quote
Users

- Users will be split. Some will switch to the alternate client. Some users will not know or understand this change or decide to stick to the original client. This would leave them on the original fork where they can only send coins to other people on their chain. Coins sent between users on different forks will be lost. User confusion over what is a “Litecoin” would be an issue.


What is the will of investors?

People act like LTC = GPUs. Its not.
tz
Sr. Member
****
Offline Offline

Activity: 294


View Profile
April 02, 2014, 04:59:19 PM
 #324

Democracy on Litecointalk.org? Lock the topic when unwanted voices are heard:

https://litecointalk.org/index.php?topic=18166.135

There were other topics opened, discussing the same problem.

This is your post:

Quote
We, a team of Litecoin supporters and developers, are not satisfied with the current development of LTC.

You are a liar. You are A team of (?) .
Team of Litecoin developers and supporters already gave us their point of view on ASICs and hardfork, well thought through and well argumented. Anyone can and should read it here: https://litecointalk.org/index.php?topic=18166.0

Quote
This way we like to keep it decentralized, so no large ASIC manufacturers like KnCMiner, Gridseed or Alpha-T can takeover the network when Scrypt ASICS come widely available.

To lower the footprint of LTC and retain GPU mineability, the algorithm of our choice is X11.

We would like to hear from the Litecoin community if other changes, like to the difficulty algorithm, are preferred too.

And this are your "arguments".

Noone knows who you are, what is your background, your true intentions, your programming knowledge, basicly nothing. How you, a team of supporters and developers, intend to support LTC in the future and are u up to the task  (we know current DEV team is as they proved themselfs )? You may as well be random guy who never vrote one line of code in his life.

And funny thing is, there are still idiots out there willing to support you, despite all of that. I would say good reflections of what kind of people stand behind you.

And do votes really reflect LTC (and by LTC i dont mean GPU) community opinion?

I think for majority of community its no brainer (those that are not braindead) who to support, you or current dev team.

 

I smell retard.
sin242
Sr. Member
****
Offline Offline

Activity: 280


View Profile
April 02, 2014, 05:01:15 PM
 #325

I haven't read through all the pages nor am i paticularly savvy as far as the technical workings of the different algos..  But has it been
suggested and is it possible to, instead of just forking off into x11 (or w/e algo), to go multi-algo ala myriadcoin?

Dark:  Xk9BoVerBd41JCjWQEhnxoowP7YNUK439z
BTC:  1JzPN2h8WGSi7kQeY5wuP4PjVD2hxkHJQM
dragonhunter
Jr. Member
*
Offline Offline

Activity: 37


View Profile
April 02, 2014, 05:04:33 PM
 #326

Democracy on Litecointalk.org? Lock the topic when unwanted voices are heard:

https://litecointalk.org/index.php?topic=18166.135

There were other topics opened, discussing the same problem.

This is your post:

Quote
We, a team of Litecoin supporters and developers, are not satisfied with the current development of LTC.

You are a liar. You are A team of (?) .
Team of Litecoin developers and supporters already gave us their point of view on ASICs and hardfork, well thought through and well argumented. Anyone can and should read it here: https://litecointalk.org/index.php?topic=18166.0

Quote
This way we like to keep it decentralized, so no large ASIC manufacturers like KnCMiner, Gridseed or Alpha-T can takeover the network when Scrypt ASICS come widely available.

To lower the footprint of LTC and retain GPU mineability, the algorithm of our choice is X11.

We would like to hear from the Litecoin community if other changes, like to the difficulty algorithm, are preferred too.

And this are your "arguments".

Noone knows who you are, what is your background, your true intentions, your programming knowledge, basicly nothing. How you, a team of supporters and developers, intend to support LTC in the future and are u up to the task  (we know current DEV team is as they proved themselfs )? You may as well be random guy who never vrote one line of code in his life.

And funny thing is, there are still idiots out there willing to support you, despite all of that. I would say good reflections of what kind of people stand behind you.

And do votes really reflect LTC (and by LTC i dont mean GPU) community opinion?

I think for majority of community its no brainer (those that are not braindead) who to support, you or current dev team.

 

I smell retard.

Yourself, i'd say.
tz
Sr. Member
****
Offline Offline

Activity: 294


View Profile
April 02, 2014, 05:13:08 PM
 #327

I haven't read through all the pages nor am i paticularly savvy as far as the technical workings of the different algos..  But has it been
suggested and is it possible to, instead of just forking off into x11 (or w/e algo), to go multi-algo ala myriadcoin?

It doesn't matter what algo switches to as long as there are no ASICs for that algo. As I previously mentioned, ASICs will destroy Litecoin. Do not believe the retards that tell you otherwise. The have Scrypt ASICs pre-ordered and are currently shitting their pants.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 [17]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!