Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy
by
thefix
on 08/01/2017, 18:43:02 UTC
There have been concerns on hashrate being dominated by CPU only which allows people who use/purchase discounted credits (not always legally) to run large cloud mining operations via AWS and similar.

This is against the spirit of having egalitarian computing which is one of the things that MTP was meant to address. As we only expect MTP development completion in March, the devs are considering doing a parameter change to the Lyra2 algorithm which would allow GPU mining to work alongside CPU mining as a temporary measure to address dumping of coins and unfair domination of hashrate.

We are holding a NON BINDING poll to gauge community sentiment that will be one of the factors we shall consider in our decision. We appreciate your feedback. The poll will be conducted in our Slack zcoinofficial.slack.com in a separate channel #poll. If you need an invite to the Slack, please proceed to our invite page. Please vote responsibly!

       This is probably a good idea considering you can buy spot instances dirt cheap if you bid properly.

       I wont be joining slack, so hopefully the information will be posted in this thread as well.

      Its always hard to find a way to fairly distribute a coin now since so many players want quick profits.

      One cpu coin that thought about this issue was Magi by reducing rewards as hash rates gets higher. This might be something to consider