Post
Topic
Board Announcements (Altcoins)
Re: (Unofficial) [ANN] Litecoin [LTC] to X11 algorithm hardfork
by
orcephrye
on 31/03/2014, 03:14:41 UTC
I get that the diff will go up. And that at first there will be some people that have a lot more power then others.

But in the end BTC is all ASIC and it isn't centralized it is still decentralized. Which was my original question to you.

I mean I do not know what will happen in the future for BTC.

But that is my second point. *soap box* We should be focused on new features of ways to use the BTC poof of concept. There are so many new ideas. LTC was a poof of concept that Scypt can be used. Doge or rather lottoCoin or whichever came first proved that you can have a stable coin with variable block rewards. Peer and Mint proved you can have Poof-Of-Stack a.k.a built in interest. SecureCoin proved you can have multi-agorithm. Etc...

I guess my main point it the only thing diff about this coin is they want to be GPU resistant. Which.. in my opinion is fighting a loosing battle from the get go. All these new coins that come out that appear to provide pretty much nothing new to the picture except maybe a few tweaks/changes to out it gives out rewards or how many coins there be. All of which is kinda interesting. But its kinda like if someone was to make a clone of CentOS and called it... New Awesome OS and the only change they made was the background of Gnome which nobody will use anyway cuz everyone is gonna SSH into it.