Post
Topic
Board Altcoin Discussion
Re: Stop Creating Coins that have no Developer behind it
by
markm
on 06/03/2014, 10:14:19 UTC
That's Brainstorming!
I agree.... but I don't know how to design a new algo, i don't claim to but I am willing to work with the right people to develop that algo, implement that algo, and market that algo if it really has potential.

But that has already been done.

There is no point churning out more and more and more variations on "the wheel". What is needed is uses for wheels. Products you can buy, services you can use, merged mining pools that let them all work together and so on and so on and so on.

What needs doing now is securing any coins that can be secured, and building services for them and making products available for sale denominated in them and so on.

Possibly if Litecoin and DOGE were made able to be merged mined together scrypt might maybe be salvage-able, if not oh well too bad but there are still ten coins that can be merged mined together, using SHA256 ASICs so we can at least maybe hope to secure ten chains. Maybe. Well maybe at least a few of them anyway.

What would really help would be for someone to build a free open source merged mining pool package, so that merged mining could be come widespread due to a plethora of pools for doing it appearing...

-MarkM-