I would vote for this option were it available:
Scrypt, x11, Sha256, prime, neoscrypt, x17
I'm including Prime but i don't really understand it as well as the others. I know it hunts for special Cunningham chains but i don't really know how it works in mining or if it is more efficient or secure for us. If you guys think its essential ill vote for it but right now its the only one im not clear on yet everyone loves it.
But i would vote for what i mentioned above: Scrypt, x11, Sha256, prime, neoscrypt, x17 (three asic friendly algos and three people friendly algos).
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The goal is to secure the network and get this tech in the hands of as many people as possible and proliferate Verge.
The social importance of what is happening here right now, maybe only the bitcoin community is aware of, but right now, whats happening here is huge for humanity.
Let our choice in algos reflect that.
yeah i agree, however, i think its best to stay away from sha256, only because how many farms use it.. if a sha256 farm pointed at us, it could hog our chain all over again.
I'm not a sha256d miner so I have no vested interested. I understand what you're saying, but I think this is an eventual risk for all algos, and that since sha256d is already going through it, it'll be the first to come out the other end. Eventually the improvements to sha256d ASICs over time will slow down. At that point, the profits from selling ASICs will start to catch up to the profits from mining them. Then you will see the Bitcoin network become more decentralised. That's why I consider sha256d to be an obvious choice— it's the most mature.
The whole point of multi-algo is that it mitigates the amount that the sha256d farms can hog the chain.
I'm liking the direction this discussion is going.