Post
Topic
Board Announcements (Altcoins)
Re: (Unofficial) [ANN] Litecoin [LTC] to X11 algorithm hardfork
by
Cryptos2go
on 31/03/2014, 20:33:45 UTC
To all the people wanting to hardfork LTC. You clearly do not understand the reason for LTC so I will explain it.

Litecoin was made to be ASIC resistant BECAUSE: Litecoin will not be affected by ASIC and benefit from ASIC.

Also Because Reasons.

Litecoin was made to be resistent to current SHA256 asics, only recently they started creating and selling scrypt asics. Changing coin algos will lose peoples trust in crypto currency.

Agreed.

Also 90% of network run by 10% of miners will lose peoples trust in crypto currency.

We are just going to have to agree to agree that this is a not a no win-win situation.