Very surprised by the launch of your project. The old algorithm and mining makes sense only on specialized ASIC-devices. I did not see any significant advantages over the existing coins. Do you hope to develop the project at 1% premium? In my opinion, it will be very, very difficult. Indeed, at present, the mainstream is to combat the use of ASIC-devices when mining coins
LTCB's difficulty is still low enough to GPU mine - 1+ LTCB per hour with a GTX 1070 (for reference)
How many coins a day does your video card give?
Bitmain and other companies will continue to make ASICs for every single algo, there's no stopping ASICs, even if a coin's dev team forks to block the ASIC a firmware update would be released to get the ASIC working again, also if a coin's dev team does fork to block out an ASIC is the coin even still considered decentralized, its better to adapt to existing hardware, scrypt ASICs can be bought for a few $100s now so practically anyone can buy or rent them.
a GTX 1070 mines around 1 coin per hour as of right now, so in 24 hours it would mine 24 + or - LTCB
I like the idea. thats true..