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

[harveyweizhao]

Yesterday you said tomorrow.


JUST DO IT!

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[dadao888]

so many ppl supporting this.the result shows us what need to be done

[AlterMiner]

GO!

[daem0n]

Very nice!

[djvlades]

+1

[Beeker]

so many ppl supporting this.the result shows us what need to be done

It looks promising.
I think we need to launch a poll on the Litecointalk.org forum too.

[peterlustig]

Why X11 and not e.g. scrypt-jane or scrypt-N?

Also I'd like to point out that imo Litecoin is not that great, it's launch was highly misleading and it's rather likely the devs and/or a group of miners had a GPU miner from the beginning.
(yada yada GPU/ASIC resistant, but don't tell anybody we consciously chose ridiculously low memory requirements [way lower than default scrypt] making GPU and ASIC easily possible)  

[eddy937]

I would support it because X11 results in less heat being produced during mining. Summer is on the way and cooling is a problem when it gets really hot. We might be in for a real scorcher this year like the year the tar started melting on the roads because it was so hot.

[peterlustig]

I would support it because X11 results in less heat being produced during mining. Summer is on the way and cooling is a problem when it gets really hot. We might be in for a real scorcher this year like the year the tar started melting on the roads because it was so hot.

Same with scrypt-jane. But that's just a sign of a not very optimized miner imo.

[precrime3]

We could use blake256, nice contender there. Once you really look at it, finding the hardest algo isn't worth while. Blake256 runs 3x faster on gpu, but x11 energy and heat savings can't be beat xD. Think it would be good either x11 or blake256

[Beeker]

I would support it because X11 results in less heat being produced during mining. Summer is on the way and cooling is a problem when it gets really hot. We might be in for a real scorcher this year like the year the tar started melting on the roads because it was so hot.

Same with scrypt-jane. But that's just a sign of a not very optimized miner imo.

Bitcoin mining (SHA256) is running cooler on a GPU than scrypt too, and that has been optimized for years now.

It's too easy to say "it's not optimized" when a algorithm uses less energy on a GPU.
I believe there is enough room to tweak the code for X11 mining but don't expect more than 5% improvement.

[ibinsad]

I prefer an alternative similar to X11 but more advanced..
With mining limitations, anti botnet with captcha and geolocation check, anti multipool..

[hellscabane]

I look at the poll results and my first instinct is to be surprised, but then I think about it and realize, no it isn't.

Frankly, we're still only looking at a fringe amount of people or people who haven't invested much into Litecoin. A lot of the more serious people on Litecoin aren't necessarily on this sub-forum. Even if there is a "majority" here, it doesn't mean the infrastructure that surrounds Litecoin is going to follow.

[mr_random]

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.

The security of the blockchain is measured in the dollar cost to protect it not the network hashrate.

The arrival of ascis for scrypt doesn't necessarily make the the blockchain more secure. A malicious entity can now spend his dollars buying asics for an attack rather than buying gpus for an attack. If anything asics could temporarily weaken the blockchain if the first asic provider to hit big numbers sold a lot of them to a single entity. Hypothetical though and not important. What is important is the dollar cost concept.

[mr_random]

I would rather see an algorithm that gpu miners can still mine with.

If it's an algorithm that benefits cpu miners, I can't see all the current GPU scrypt miners supporting it.

Why not make the algorithm a version of scrypt that uses more memory.

[kalus]

If it's an algorithm that benefits cpu miners, I can't see all the current GPU scrypt miners supporting it.

not all of the GPU miners, at least. 

if litecoin switches to x11, at least they can finally ditch all of those horrible, bottom-feeding Cuda miners.

forget asic hating; nvidia sells poisoned milk to school children, i shit you not

[pbj sammich]

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.

There's alot of really really stupid ideas in this subsection, this is close to the top

[maxsimgoratiev]

Let's set some shit straight:
ASIC's do not make a currency more or less secure, because ASIC's cost more than pocket change but not immence amount, small companies instead of individuals are going to be in charge of the network. Indirectly manufacturers of ASIC's also have influence.
Bitcoin is already a currency mined entirely by ASIC's. It has Upsides and Downsides.

Litecoin should be interesting, even if X11 is not that GPU resistant would mean that manufacturers will be discouraged from making ASICS for it, since Litecoin would just switch again. A GPU does have respectable amount of computing power, so if one was to design an algorithm for executing which GPU would be a perfect platform, gainst in performance achieved by ASIC's would be negligible, and thus the network could not be hijacked even if malicious entity would be willing to design their own chips (highly improbably)

Dude to all of the above X11 is a step in the right direction, thus i support this.

[p2pbucks]

Take care 

[sylph93]

Let's set some shit straight:
ASIC's do not make a currency more or less secure, because ASIC's cost more than pocket change but not immence amount, small companies instead of individuals are going to be in charge of the network. Indirectly manufacturers of ASIC's also have influence.
Bitcoin is already a currency mined entirely by ASIC's. It has Upsides and Downsides.

Litecoin should be interesting, even if X11 is not that GPU resistant would mean that manufacturers will be discouraged from making ASICS for it, since Litecoin would just switch again. A GPU does have respectable amount of computing power, so if one was to design an algorithm for executing which GPU would be a perfect platform, gainst in performance achieved by ASIC's would be negligible, and thus the network could not be hijacked even if malicious entity would be willing to design their own chips (highly improbably)

Dude to all of the above X11 is a step in the right direction, thus i support this.

++1 Two thumbs up!