Great news!
I have a suggestion. Guys, if you support it please speak up!
I was looking into Vertcoin lately. It looks very impressive that they gathered so vital community so quickly. Their coin uses this Scrypt-Adaptive-Nfactor, which happens to be a very powerful hype and attracts a huge crowd of ASIC haters. Their reddit base grew by 600 in just one day and continues to grow at a surprising rate.
I was thinking: as Mooncoin is going to have a hard fork soon anyway, maybe we should consider switching to Scrypt-Adaptive-Nfactor. In this case Mooncoin will be the first coin to adapt the new technology and will attract Vertcoin adepts. Also, Mooncoin will be unique in a way that it combines the hypes from two successful communities (Doge and Vertcoin).
I'm pretty sure, other altcoins are thinking in this way too, we must not stay behind.
What do you think, guys?
First of all, is it possible? If changing the algorism(Scrypt to Scrypt-Jane) without a discontinue of existing blockchain,
Why wouldn't other alt-coins do it? (I'm just wondering atm)
Will existing mooncoin mining pools be able to mine further? (without huge changes?)
It would be awsome if anybody have a clue of this!
and... i'd definately support this idea! (by this decision, mooncoin will be the king of Scrypt-Jane in a short period)
It's possible: before height X calculate hash with old function, after height X - calculate hash with new function. The reasons why other altcoins don't do it:
(a) hard forks are very annoying and risky, especially when the coin is already widely adopted
(b) most altcoins don't have devs competent enough to do the change.
Mooncoin is still in its infant stage, we're forced to do a hard fork soon, and we have Deacon who's able to do the change (the complexity of the change is not higher than switching to gravity well). So I think we should consider it.