Quote from: Soepkip on March 30, 2014, 12:52:27 PM

Just my personal opinion:

I feel like this is just butthurt GPU miners being butthurt that Scrypt is slowly evolving to ASIC. I don't see the problem with it really to be honest:

- ASICs will provide a higher hashrate, thus it will improve on the security of the Litecoin system
- ASICs are cheaper then GPU's, not only in gear but also in terms of power and heat.
- LiteCoin will grow more professional by having a bigger hashrate, since it will be way less suspectable to 51% attacks. More trust from vendors etc.
- Scrypt ASICs have MANY other options to mine than just Litecoin, it is not like Bitcoin which is most of the times the most profitable to mine for SHA ASICs.

If you are really serious about your mining then start investing in the future and get an ASIC scrypt miner. It'll save you a bunch on your powerbills and thus (at the moment) make you more money. Throwing it on X11 would push the whole network to a way lower hashrate I expect, unless it's suddenly WAY more profitable to do. Also I don't expect the market to be particulary happy with this.

This is 100% true. This will fail miserably. The old blockchain will have more users and more hash. I haven't really heard a good reason for switching algos besides GPU miners wanting to get the best ROI. I'm all for decentralization and the dev in this thread is correct in that if he gathers enough support then his fork can become the official "LTC" blockchain. The idea that the original devs have 100% control of the blockchain moving forward defeats the purpose of having it decentralized in the first place. ASICs are like $200... go buy one if you want to keep mining! Group buy a big one. Plenty of options other than trying to fork the chain that will just cause confusion.