"None of them are of relevancy"
Going forward we will focus more on what difference the alt makes to the community, only changing reward, speed, etc won't be sufficient. Further listings of coins will require some act of innovation, something new, something that the community is looking for.
There is only one altcoin launched lately that is actualy game changer and that is YACoin. It is by all standards the most innovative altcoin since Litecoin but in a situation where 10+
other altcoins were launched, where miners were jumping on new chains almost daily and where some people invested a lot of BTC or LTC into those new altcoins, it is expectable that
YACoin won't be looked at much. Make no mistake, "something that the community is looking for" right now are future scamcoins. Start mining it early, dump it on exchange, repeat with
new altcoin tommorow. Situation is extremely complicated right now because neither bag holders want to lose all money nor miners want to lose all coins so they are spaming this forum
with absolute bullshit propaganda for every recent altcoin they invested money or hashpower. Most people are extremely biased right now and it is almost impossible to make them look
at cryptocoin scene as a whole and make rational judgements. Other people, like mr_random, daytrader420 and MaGNeT are pathetic traders that will promote or bash anything and
everything to make some extra profit. They belong to trollbox on BTC-e, with others that have no clue about anything except eventualy how to screw naive and greedy noob investors
and miners. All it takes to realise that is to check past posts of those guys.
I suggest you to add no more altcoins to Vircurex for now. I would be OK with removal of YAC, FTC, CNC and BQC as well. Situation is pretty much already out of control. If you people
running exchanges don't stop adding crapcoins and scamcoins there will be no end to
"change few values and launch" or
"let's revive old crapcoin or scamcoin few of us secretly mined
for months" mania.
You are right to a certain extend, greed is the short term engine and whatever coin you hold is the one you are going to defend. I though Yacoin were a good shot because of the CPU only capacities. Obviously the savage pre-mining and 5 days to release the ss3 and amx algos made a lot of people end up with scrapes while others have millions. Still the potential is enormous because anyone with a CPU can get in.
Now food for thought, say somebody comes up with a super fast bio/atom/duckfat based CPU/GPU technology and starts reigning supreme on the transactions, would that break the peer-to-peer logic?
Even more, say somebody already has a disruptive technology and is running at 1% as we speak, waiting to open the gates when the time is right?
On the other hand I wonder what would happen if we applied Peer-to-peer technology to voting. I know, it's all a big puppet show, still, e-voting is run as we speak in client server environment with proprietary systems that we all know are rigged, why isn't anybody looking into a peer-to-peer based voting sys?
There you go, I hope this wasn't to biased and opens a wider discussion on cryptocurrencies?
Hashrate can give an indication but perhaps not an accurate one?
