Post
Topic
Board Announcements (Altcoins)
Re: [ANN] DERO FIRST SSL BLOCKCHAIN: CryptoNote Privacy + Smart Contracts
by
Atomicc
on 22/04/2018, 22:12:28 UTC
We can see the possible price manipulation from ASIC miners. Mining...but there is no selling. Solo mining, farms. No decentralization.
From the beginning, DERO start with huge support from small GPU miners, and big decentralization. A big GPU miner population is one of the reasons why You decide to use a Cryptonight, and got a free marketing from the start, and loyal supporters.
Now coin developers decide to betray GPU miners, and accept ASICs. All other serious coins made a fork, support decentralization and make their coins ASIC resistant. Even ETN work on fork.
When ETN left the "old" cryptonight, the rest market value of all coins on old algo will not be sustainable to give ASIC owners profitability. They will stop mining. What You will do than? Transfer DERO to PoS?