Post
Topic
Board Announcements (Altcoins)
Re: ★★DigiByte|极特币★★[DGB]✔DigiByte Gaming - CS:GO, LoL, #DigiByteTip, DigiSpeed
by
DigiByte
on 10/08/2016, 05:02:47 UTC
When will the latest Myriad update be done for DigiByte? Swapping of algos and code base update.
who said we were doing that?

Do you really want to support Qubit ASICs? Qubit is an unpopular cousin of X11. The X11 ASIC market is already dominated by a couple of big players who are 'testing' their equipment till the difficulty shoots up and jacking up the prices of their hardware. I'm not criticising them for it. It's the name of the game. But realise how bad this is for DigiByte. Any X11 ASIC maker could easily support Qubit with practically no additional cost to them. The result is that the security of anything Qubit mined is now basically a subset of the security of X11 coins. That is, it's weak and highly centralised.

Yes, DGB is multi-algo, so the effect of this is mitigated. But with DGB's high inflation, do you really want 20% of all block rewards being instadumped at ANY price? That is what's going to happen.

I'm not trying to be antagonistic here. I've changed my stance on these matters lately. The more multi-algo coins, the merrier.
Thank you for bringing this to the communities attention.  This is the first we have heard of these ASICS.  Do you have any reading material on this?  We are looking into our own unique algorithm that with be GPU, CPU friendly.