Guys, what you are discussing has already been done. Hirocoin is a litecoin clone with X11 algo. Don't make the mistake of thinking Hiro comes from Darkcoin, which most people believe. And on top of that a lot of blockchain security issues have been addressed. Hirocoin is adapting the best features available into one coin. So take a look at Hirocoin.
too bad was ninja launched with huge instamine, i bet my ass that the dev has million and he probably dumped a large portion already seeing how the price is dumped recently
i'm not against instamine if there is an ann and everyone can instamine, but a ninja launch with a bad launch time(was like 7am for hirocoin) plus instamine is simply a giant scam