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Topic: (Unofficial) [ANN] Litecoin [LTC] to X11 algorithm hardfork - page 15. (Read 68513 times)

full member
Activity: 294
Merit: 100
So basically Hirocoin Darckcoin without all the extra features?

Fixed for you.
member
Activity: 94
Merit: 10
Meep
So basically Hirocoin without all the extra features?

It's Litecoin using the same algorithm as DarkCoin and HiroCoin.

Litecoin used the scrypt algorithm from Tenebrix.
We see a huge growth of hashrate coming from scrypt ASICS.

We feel it's time to move LTC to another algorithm that makes it ASIC resistant and more decentralized.
member
Activity: 71
Merit: 10
newbie
Activity: 10
Merit: 0
So basically Hirocoin without all the extra features?
member
Activity: 94
Merit: 10
Meep
caant wait for dev to make a statement about this Cheesy

Actually we hope to get the official developers for LTC to work together with us.
But we don't expect them to do so.

We won't need them to do this though. We need you.
newbie
Activity: 42
Merit: 0
caant wait for dev to make a statement about this Cheesy
member
Activity: 119
Merit: 100
what is this  , a new? Huh Huh
hero member
Activity: 672
Merit: 500
cooler than scrypt.ati-asic Grin agreed
full member
Activity: 210
Merit: 100
So litecoin cloning darkcoin now?
piss off.
legendary
Activity: 1274
Merit: 1050
This has to be an early April Fool joke right?

Grin
hero member
Activity: 644
Merit: 500
im all about x11 Grin
legendary
Activity: 1274
Merit: 1050
Ah, what a delicious provocation ! I love it.

Good luck getting enough people to accept the fork though. Do you really think all those people with ASICS or ordered ASICS are going to brick their investment ?

Instead, why not switch to an existing X11 coin ?
newbie
Activity: 28
Merit: 0
I am all for it!
newbie
Activity: 55
Merit: 0
We, a team of Litecoin supporters and developers, are not satisfied with the current development of LTC.
That's why we are working on a hardfork for Litecoin to make it ASIC resistant.

This way we like to keep it decentralized, so no large ASIC manufacturers like KnCMiner, Gridseed or Alpha-T can takeover the network when Scrypt ASICS come widely available.

To lower the footprint of LTC and retain GPU mineability, the algorithm of our choice is X11.

We would like to hear from the Litecoin community if other changes, like to the difficulty algorithm, are preferred too.

Please keep this a nice and open discussion, this topic will not be moderated as we think everyone has the right to free speech.

More to follow, so stay tuned.

The LTC X11 team.





Litecoin [LTC] hardfork to X11

hardfork at block: ~564,480





github: coming soon
Litecoin-QT for Windows: coming soon
Litecoin-QT for GNU/Linux: coming soon
Litecoin-QT for Mac OS X: coming soon
Litecoin for Android: coming soon
Litecoin for BlackBerry: coming soon





Damned good news for LTC!
newbie
Activity: 6
Merit: 0
Well, this is interesting news, if it can be done. I do think that the time is right, while scrypt asic is not yet widely spread.
Best of luck.
member
Activity: 94
Merit: 10
Meep
We need the majority to support this to make this hardfork work.

Well that you certainly won't get so why waste your time?

You are not the majority, neither are we.
That's why we will be working on getting the support of the majority.

The blockcount of 564,480 may be too early, if needed we can postpone this to a higher blockcount.
legendary
Activity: 994
Merit: 1000
We need support this!
legendary
Activity: 1876
Merit: 1000
We need the majority to support this to make this hardfork work.

Well that you certainly won't get so why waste your time?
full member
Activity: 223
Merit: 100
well possible .. but this could escalate quickly Cheesy
member
Activity: 82
Merit: 10
Do you think BTC or other coins should have a hardfork to save themself?
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