Important Announcement
New transition mining algorithm Lyra2Z will come into effect on block 20,500, around 10 days time, while awaiting MTP launch which is scheduled still in late March 2017.
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Seems like a lot of work for something that is planned to be obsolete in 2 months. Is the problem
that bad that you can't wait?
Agreed. Also, I like my cryptocurrencies stable in the long term, not changing algos every now and then. Other coins seem to manage fine with their initial choice of hash algo, including Bitcoin -- the big challenges are elsewhere.
Not sure why Lyra2Z, guess they are having problems with MTP, so make some changes and buy some time.
Changing algo is not good for the coin though, unless there's a big advantage.