Post
Topic
Board Announcements (Altcoins)
Re: [Re-ANN] iCoin - Democratic Coin Under New Management
by
jogoma12
on 21/01/2015, 11:09:47 UTC
i don't like the Algorithm  Scrypt.

What's wrong with scrypt? If you have a better algo, let us know. We can have the community vote and we can find a developer to fork the chain to a new algo.

Depends on whether we want asics, gpu's, or botnets - or all of them. Also of importance is that the miner for the algo is already optimized so we don't get a few miners speeding 2x-3x the hashrate than the rest of us and dumping at half the price.

Personally, I don't have good hardware. I'm on a laptop. However, my concern is that changing the algo could make it hard to mine for new people. If it can be made seamless for them, we can start considering options and start looking for a developer who will accept iCoin because we have no bitcoin to pay.