[POLL] Would you support a Litecoin [LTC] to X11 algorithm hardfork?

[Beeker]

Update 4/2/2014:

After much deliberation our team has decided not to continue this project.
We'll put our support and energy in supporting and buying X11 coins as we believe this is the algorithm for 2014.

We wish Charlie, the team and the community all the best for LTC.

Best regards,

(no longer) the LTC to X11 hardfork team.


================================================================


We are the Litecoin X11 hardfork team.

We are working on hardforking LTC to X11 algorithm at block ~564,480.
This poll is to gather information about the support for this hardfork, as we can't do this without the community, pools, exchanges and shops.

Main topic:
https://bitcointalk.org/index.php?topic=549572







Please vote and/or give your opinion.

[reRaise]

Man this x11 shit is overrated, it's just quarks 6 and qubitcoins 5 hashing functions copied and pasted together. Nothing new.

[Beeker]

Man this x11 shit is overrated, it's just quarks 6 and qubitcoins 5 hashing functions copied and pasted together. Nothing new.

Would you suggest another algorithm for the Litecoin hardfork to make it ASIC resistant?

[wasamata]

make your own fucking algo dipshit, stop copying other coins!

[Beeker]

make your own fucking algo dipshit, stop copying other coins!

LTC copied the Scrypt algorithm from TeneBrix, so I don't see why we couldn't use X11 for the hardfork.

[flipme]

Please bitch, do it!

[TrollboxChamp]

This is so funny. LTC is not about to hard fork. Get real jr member.

[fpmk]

This is so funny. LTC is not about to hard fork. Get real jr member.

LTC can't be hard forked, can it?
I don't know. Who can explain more ?

[Beeker]

This is so funny. LTC is not about to hard fork. Get real jr member.

LTC can't be hard forked, can it?
I don't know. Who can explain more ?

Hardforking LTC is actually the easy part.

The hard part is to get a majority of the pools, exchanges, shops and users to use the new hardforked client.
We are now working on the hard part.

[IloveAnonCoin]

This is so funny. LTC is not about to hard fork. Get real jr member.

LTC can't be hard forked, can it?
I don't know. Who can explain more ?

Hardforking LTC is actually the easy part.

The hard part is to get a majority of the pools, exchanges, shops and users to use the new hardforked client.
We are now working on the hard part.

It's hard because no one want to change, and what's you doing is nothing new.

[markm]

Also because what you are basically proposing is to make the blockchain less secure.

All so that botnet operators can continue to profit from it using hijacked commodity computers.

-MarkM-

[Ibistru]

I won't change client and won't support the hardfork. I don't want LTC to be ASIC resistant. LTC needs more hashpower to protect itself.

[Beeker]

Also because what you are basically proposing is to make the blockchain less secure.

All so that botnet operators can continue to profit from it using hijacked commodity computers.

-MarkM-

Botnets can both mine Scrypt and X11, that doesn't change.

And less secure? Since there are no ASICS for X11 available, there's no danger they will overthrow the network against the massive amount of GPU miners.

[softron]

Yes. I think x11 is better.

[blajde]

https://bitcointalk.org/index.php?topic=549602.0

[markm]

ASIC miners are devoted to securing the blockchains that use the type of hashing their ASIC is built to mine.

Thus scrypt ASICs mean all scrypt coins can all be secured, up to whatever the limit is of how many chains can effectively be merged mined together.

So far the limit to how many can be merged has not been found. But admittedly hundreds might be too many to be practical.

Nonetheless most likely all scrypt coins worth bothering with can all easily be merged at once.

Only those that are incapable or unwilling to implement merged mining need suffer, all others stand to gain much security, which in turn should lead to much more value, at least once initial mining of coins slows down or stops or once enough years have passed to make even constant steady minting amount to only a small amount of inflation of the coin supply.

-MarkM-

[tz]

Man this x11 shit is overrated, it's just quarks 6 and qubitcoins 5 hashing functions copied and pasted together. Nothing new.

Please look behind you. There's the door.

[airforcc]

I'd like to kill thoes scrypt ASIC vendor.

[markm]

I'd like to kill thoes scrypt ASIC vendor.

Why? It makes no sense. The coins you have mined should go up in value as the blockchain becomes more secure.

So you should be happy that all the worthwhile scrypt coins can all become massively secure if you have been mining worthwhile scrypt coins.

Of course that assumes there are any worthwhile scrypt coins in the first place. Are there?

-MarkM-

[MaGNeT]

I'd like to kill thoes scrypt ASIC vendor.

Why? It makes no sense. The coins you have mined should go up in value as the blockchain becomes more secure.

So you should be happy that all the worthwhile scrypt coins can all become massively secure if you have been mining worthwhile scrypt coins.

Of course that assumes there are any worthwhile scrypt coins in the first place. Are there?

-MarkM-

How many Scrypt ASICs did you pre-order?