Post
Topic
Board Mining (Altcoins)
Re: SCRYPT-N AUTO SWITCH POOL
by
grippy54
on 04/04/2014, 13:04:47 UTC
well, im already developing a project for such task, so sorry  Wink
I admire the entrepreneurial spirit in you, but beware. The vertcoin developers have said that if someone creates an ASIC or multipool for scrypt-n, they will fork and implement some undisclosed new strategies to circumvent them. They will, of course, wait until the projects are well underway to make sure any investment in these projects is worthless.


I love how in Crypto community we brag about the coins being "decentralized" and here the developers are the GOD OF THE COIN and completely and fully, control everything about the coins and could change anything, at will.

And we go wonder why no one wants to accept our coins as a currency despite these "coins" being around for such a long time.
Crypto developers are implementing new technologies to help level the playing field. ASICs and multi pools are strategies that smart and well-resourced people come up with to help you do what you want... make more money. You have every right to do that, but in true libertarian spirit, the coin developers have every right to come up with strategies to help them do what THEY want... make mining accessible and profitable for the little-guy miners.

Forking a crypto into another algorithm, implementing an ASIC-resistant algorithm, or using an anti-multipool technology like Digi-Shield helps them to do that. If you don't like it, mine another crypto. There are plenty of them out there, and enough for everyone to have some that are targeted to them.

It's funny though, that when some cryptos see ASICS and multipools as an attack and try to defend themselves, the reaction of the aggressors is to attack harder, while encouraging those cryptos not to defend themselves. Get real. Just move on to some other crypto and leave them alone.