Quote from: rapsac on April 03, 2014, 05:24:21 PM

Quote from: AlterMiner on April 03, 2014, 05:04:54 PM

Quote from: xingqiaoyin on April 03, 2014, 04:51:32 PM

At that time everyone will have ASIC chip in their tablets to help process transactions.
VTC is the only coin with devs laying out plan from the beginning to fight against ASIC.
I havent seen other coin devs mention they realize an active defense against ASIC is necessary.
Elitism is bad, so ASIC is bad for now before VTC goes mainstream.
My 2c.

+1.
Vertcoin developers are the only ones who said that they are ready to change POW function for VTC if ASICs will threaten VTC.
I sold 350+ LTC and bought 3700+VTC.

Thats the problem right there. Litecoin devs also said their coin was asic resistant. Maybe they didn't say they would ever change to a different PoW when the neede arises, but whats in a word? History shows that coins once released do not get updated very often if at all. What happens in 2 years from now? And 5? I say stop with talks and act. Prepare for a fork beforehand because the need to fork is inevitable. Only when the coin's users and the asic developers know for sure that no asic will be allowed in now or in the future is a coin asic resistant/proof.

I don't think it is correct to say other developers have not planned for asic. Some new coins are much more aggressive in dealing with this issue and the problem is handled as best can be so far from the coins launch. I shall not name names because I am not trying to hijack your thread.

And I think that talking about a hardfork of any coin pretty much means that coin already has death hanging over it. Basically a hardfork is just creating a new coin because the old one is not working. So far adjustable n-factor of any scrypt coin seems to be the temporary solution. VTC was unique in this way but any coin with increasing n-factor means it is just a matter of time before its memory requirement is more suited to cpu mining. No one seems to mention the increasing speed of cpu and faster dram coming to market, where will this be in 2-5 years?