Post
Topic
Board Project Development
Re: [ANN] Bitcoin PoW Upgrade Initiative
by
BitUsher
on 19/03/2017, 17:20:04 UTC
Interesting altcoin proposal, when can I mine it?

Any idea when Poloniex will list it?

It will not be able to be mined for profit , and not listings on exchanges. If the testnet coins for this testnet start to find value for some odd reason we will reset it just like in bitcoins main testnet.

IF we are forced to carry out this HF , than yes, there will be 3 coins / chains ... with 2 new alts created, this , BTU , and the original chain. All three groups will likely fight over the "bitcoin" brand

Have you guys looked at Cuckoo cycle?

It has very strong ASIC-resistance and even a phone can mine without orders of magnitude loss in efficiency:

"The most cost effective Cuckoo Cycle mining hardware should consist of a relatively cheap and tiny many core memory controller that needs to be paired with commodity DRAM chips, where the latter dominate both the hardware and energy cost (about 1 Watt per DRAM chip)"

https://github.com/tromp/cuckoo

Another good candidate.