Post
Topic
Board Announcements (Altcoins)
Re: [ANN][EDU] EduCoin Makes Us Smarter. Digital Currency for Education.
by
kache
on 04/04/2014, 01:39:54 UTC
@kache Thank you for your comment.

To clarify our earlier point about X11, we are not considering that or any other fork at this time. Our position is that we started with KGW as a hedge against multipools, and we don't see the need to react to every new feature that pops up in the crypto-ecosystem. In our analysis, forking is not something that is taken lightly. Many new coins seem to be all over the road with forking to what looks good, at the expense of adoption and community. We didn't create EduCoin just so we could be every miner's wet dream. We created EduCoin to move education forward.

Also, Litecoin's main developer (Charles Lee aka "Coblee") has made his views known in the link below. As a Scrypt-based coin we agree with his point of view.

At a much later time, when EduCoin becomes established and brings aboard higher education institutions to the foundation, developers will consider what technical innovations EduCoin can bring to the education world. On the horizon are all kinds of developments which may come to market such as colored coins, ethereum, public contracts. We could one day see EduCoin's blockchain being used to exchange research data between universities, as a means of retrieving electronically notarized credentials and grades, and as a way to do other educational computing tasks.

Quote
In regards to X11 we’ve looked at the main discussion at the litecoin developers forum here:  https://litecointalk.org/index.php?topic=18166.0

We are leaning toward Coblee’s viewpoint at the moment. Switching to X11 would more appealing if there was solid consensus.  And if/when that becomes the case, then litecoin should be the first mover to change.  

The EduCoin developer’s intent was to deploy proven tech over trendy tech, and we know that this has caused some individuals to label EduCoin as just another clone.  There is truth to that, but it’s okay as long as EduCoin is a just another clone that works well for education. We are interested in moving cryptocurrency forward eventually, but right now we are more focused on moving education forward. We can't do that if we create/fork a new class of crypto that only Vitalik Buterin can understand.
No, that litecoin developer explained PERFECTLY why you have to fork right now: because once you become bigger and more established it's gonna be far more difficult and far more problematic.