Qubitcoin is a coin which was released several months ago which has been left without a development team.
Currently as part of myriadcoin's PolyMYR project i am offering to update Qubitcoin to the latest LTC base, while keeping its current features(diff retarget, block reward, qubit algo) and adding merged-mining.
What is merged mining?
http://bitcoin.stackexchange.com/questions/273/how-does-merged-mining-workAdvantages of merged mining
- Increase in hashrate, therefore leading to an increase in security
- Increase in the size of the development team
- Increase in the usefulness of the coin itself with the likelihood of being added to myriad's services
- Security from being kept up to date with LTC sources
Disadvantages
- Possability of a larger blockchain
- Future Hard Fork's must be done in co-operation with merged-miners
Poll
