Hi Guys, what the reason to keep the same algoritm? Scrypt was used to prevent using ASIC, when we have scrypt ASIC IMHO it perfect time to chenge algorytm, so much more miners will mine TIPS.
Except doge Merged mining,Tip is second Scrypt coin now,We can not lost supporter ,miner,Keep scrypt algorytm,Beneficial to tip value.I think the top 10 tips owner will do something for tips,Such as update,We need wait.
I'm not telling about DOGE, the is other algos which can be mined by GPUs only. Don't we forget that it's should be distributed network? How many people can mine reasonable amount of TIPS now? Top 100 TIPS wallets has 97% of all tips, and now, without any posibility of mining it it will not change. How many billions coins stolen by Cryptsy?
"How many people can mine reasonable amount of TIPS now"
You are right,It also happen in Btc,Ltc ,Anyone can updata tips wallet ,Fork it.
But i think,Tips update ,Will decide by top 100 tips owners,Why tip high value,Top 10 buy more ,And remain
Tip exchange, alcurex,28 days deposite time,cryptopia will close it.