Post
Topic
Board Altcoin Discussion
Re: [ANNOUNCE] SolidCoin - new and improved block chain. Secure from pools
by
the joint
on 31/08/2011, 01:04:02 UTC
Too late. SCGuild already has way more than 51% power. All they would have to do is turn off hashing for one day, difficulty will plummet, then we can get back to getting several blocks a minute.

SCGuild, what do you say? Will you turn off the pool for a day?

It's not actually too big a problem if they do that, faster blocks is fine. SolidCoin is only a week and a half old, once it starts gaining more traction due to my development changes there will be more stability in the mining power. What we do know is that in under a week we have gone from 1.2 THash, or 11% of the BTC network to 300GHash and SolidCoin is still flying. BTC would be dead, as we saw with NMC, Ixcoin and I0coin.

So yes SC may not be "perfect" in every way but those trying to suggest it's not better than BTC are living in lala land.




Dude.  You're incredibly dense.  Right now, it doesn't matter how good SC theory is.  Bitcoin is still better in virtually every way because you can BUY STUFF WITH IT.

Ever think of something else?  Bitcoin has had 2 years, and so far, it still has a very small economy.  The very few who were willing to risk setting up businesses and such have put time and money on the line based upon the expectation that Bitcoin would/will be a success.  Guess what happens if Bitcoin collapses?  Do you really think they'll be like, "Oh!  Wait a minute!  I mean, I know I lost huge on the whole Bitcoin thing, but this SolidCoin thing is great!  I mean, it's been around for like...weeks!  This seems like a really really good idea!  I'm gonna do a new business!"

In 2 years, Bitcoin has garnished the attention of the people that would really care about digital currency-related businesses.  If they give up because Bitcoin fails (and they will give up on digital currencies if they lose big), good luck trying to find a new breed of digital currency entrepreneurs to take on SolidCoin let alone one of the dozens of other cryptocurrencies that will likely spring up between now and then.  I think if you really want SolidCoin to succeed, you should really act more kindly with your potential future investors.

For such a smart guy like yourself, you seem to do a poor job at parching the situation.  And really...work on your communication.  A little antagonizing and we've seen bits of your true nature emerge.  Don't blame you though.  It's a natural response given the situation.