Re: Vertcoin-Adaptive N-factor Scrypt-No more ASICs-[EXCHANGES/AMAZON/ATM/MERCHANTS]

Quote from: AlexGR on April 05, 2014, 05:50:23 AM

http://blissdevices.com/tech-specs/

"Scryptr also provides a high level of flexibility to support mining of newer coins that are fairer to miners such as Vertcoin by allowing configurable Scrypt parameters. Also, the chips PCIe interface enables faster and greater data transfer speeds, if and when new algorithms require more network data."

http://www.reddit.com/r/scryptmining/comments/20x6r0/bliss_devices_announces_new_prices_on_scrypt/cg8xcd6

"Our chip supports configurable N parameters which allows it to mine N-factor scrypt up to N=262144, which is still about 35 years away."

...so when can we expect the change of PoW?

That leaves us 6 months or so to think things through.

I would suggest
- Get more brains on board for the PoW. Plan a tick-tock or tick-tick-tock scheme for updates to the PoW (tick is small change to the algo, like different primenumbers for the sha256, one extra hash round..)
- Work on a system to make hardforks easier. Users need to get used to more frequent client updates
- Make sure any hardforks do not change the parameters of the coin (rewards/blocktime/minability)

I also think a hardfork should happen before the release of the knc scrypt miner to show that vertcoin means business with its asic resistant claim.