the OP wrote it as a joke, yet the replies deserve this:
lol. Nobody appreciates a good joke thread around here. 
Topic: Proposed Algorithm Change - page 2. (Read 1863 times)
the OP wrote it as a joke, yet the replies deserve this:
interesting responses. I posted this thread on a whim. I really didn't know a whole lot about MD5. Now I'm curious. Look for anm MD5 altcoin soon
I think we need to change Bitcoin's algo to MD5. It would be much better for mining...
This kind of a change will only result in an Alt ...because getting mass consensus is almost impossible for Bitcoin now.
I think we need to change Bitcoin's algo to MD5. It would be much better for mining...
You are probably thinking it would be far faster to "mine" MD5(MD5(header, nonce)) because MD5 is "broken"?Sorry, while MD5 is broken, it's not (yet?) broken in that way... There are no shortcuts when using it for mining.
Also it would just mean that the difficulty would adjust upwards to correct for the "brokenness". Feel free to implement an altcoin using MD5 and see for yourself.
I think we need to change Bitcoin's algo to MD5. It would be much better for mining...
A simple checksum would be much easier to compute and much faster than even MD5. 
I think we need to change Bitcoin's algo to MD5. It would be much better for mining...
It would require the replacement of all the current ASIC miners with a whole new generation of ASIC miners, but other than that it would have very little effect on mining.
I think we need to change Bitcoin's algo to MD5. It would be much better for mining...
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