So rather than 'another POW coin' Neoscrypt is the future for any coin not wanting to be centralised by the coming wave of ASICS
Your points are taken, but this is just plain out bullshit.
Explain what is BS?
Do you disagree that ASICs will end up centralising Scrypt?
The arms raise with ASICs has already started.
In any place where electricity isn't dirt cheap the Gaw and fury 1.3Mhash miners already operate at a loss and large more powerful, more expensive miners are coming out every day.
There are only so many people / companies that are willing to go through a hardware refresh cycle every couple of months to stay profitable.
SO with each new generation of ASICS less people invest in them and so the hashing power is owned by a fewer number of people, centralising the hashing power.
Exactly what has happened with Bitcoin.
How many people do you still know that mine Biitcoin, bet its not as many as it was last year?
Neoscrypt is not the only option besides Scrypt, but some of these we are now starting to see ASICS being produced for.
Its not possible to create an algorithm that is ASIC proof, but is possible to make it so the incentive is not there to try and develop it for some time.
So again please explain to me what is BS?
Happy to be corrected where I am wrong with facts, not simple one liners with no detail.