dear dev. team ,
about changing algo, have you forgot it ?for just ignore it ?
i know you're busy , but i think you do need to say something on this . thanks.
We did't forget it.
We are still discussing about changing algo in the dev team.
There will be an official announcement once the result comes out.
I will stop supporting the coin immediately if the algo is changed. It is fraudulent to do so. You announced the coin and it's algo........you can't change horses in mid-stream.
Crypto is about participation. When you design and offer a coin, you are asking people to participate. When you then change the algo, you are doing so for ONLY one reason......to exclude people from participating. All of the blah blah blah wanting ASICS out of alts is based on their personal interest and has nothing to do with any coin. They want to protect their power hungry GPU mining rigs, instead of evolving. They wish to exclude participation of others to their benefit, which is blatantly wrong and based on pure greed.
Once you step onto the slippery slope of excluding people and are comfy with it, who is next? NVidia miners? Left-handed people? Anyone with green eyes? Where does it stop? Trust me I could dev a coin where you would need an Intel CPU, but AMD is excluded, and it has to be i7 4770, not 4770k and you have to have 32GB of Corsair 2400 DDR3 RAM, not Kingston 1600 DDR3 RAM. A simple system info check could exclude whatever I wish. That is NOT what crypto is about. Stop trying to hate on people and exclude them because they are willing to invest more in the system than you. Evolve or die.
This is a good article to read.
i've read the article.
i want to express my opinion . LTC will not change algo, because it is strong enough,it has so many miners and supporters .
•Would ASICs kill Litecoin? No
•Would it be better if Litecoin’s PoW is ASIC resistant? Yes
•Is it worth the risk to change it now? No
to water, the same question
•Would ASICs kill water? serious possibility, a 30M scrypt asic is nothing to both water and LTC, what about 60*30M scrypt asics ? to LTC , sitll nothing ;but to water , you know what it means .
•Would it be better if water is ASIC resistant? Yes
•Is it worth the risk to change it now? yes, if do noting, water is possible to be killed by ASIC when she is a baby! why altcoins came out and became popular? i think the reason was most of the Bitcoin miner had no ASIC, if they want to mine 1 BTC, they need to mine a year or 2, or several years with their video cards.
