Quote from: hugolp on September 01, 2011, 11:50:36 AM

Hahaha. If I had any doubt about the viability of SolidCoins, now they are all gone. SolidCoin is going to collapse like the rest of copies.

Solidcoin IS better than Bitcoin no question about it.

However, the thing that we simply can't get away from is the fact that Solidcoin IS Bitcoin , and would not exist today if it weren't for Bitcoin.

Those are simple facts.

EDIT: Let me just save myself some time in responding to people asking me "why is it better".

There are a bunch of minor improvements I could cite, but I won't waist anyone's time. Bitcoin is only safe as long as all the miners agree to keep on mining... This means that if there is a collapse in price (can happen at any time), and miners drop off in masses (since profit is gone), it will take weeks for the difficulty to re-target to a lower level. Now your question is how does this affect me? Well if there is a massive price drop, followed by a massive network drop, that would leave a much smaller amount of people mining an impossible difficulty.

Then what happens after that? Transactions stop going through, and everyone's coins become literally worthless till the next difficulty drop.

Coinhunter fixed this with his all new algorithm which doesn't care whether or not people agree to mine. Even if there's a 40% drop in network (already happened check graphs below), the difficulty will follow almost instantly, allowing transactions to continue to go through, and surviving any type of "network halt". A network halt is a very big possibility in the Bitcoin network, especially if the price keeps dropping. Many developers (not only coinhunter) suggested to the main developers of the Bitcoin client to change this.

They have refused...

Go see his new algorithm in action here http://solidcoin.kicks-ass.org/graphs/graphs.html