Post
Topic
Board Announcements (Altcoins)
Re: Vertcoin-Adaptive N-factor Scrypt-No more ASICs-[EXCHANGES/AMAZON/ATM/MERCHANTS]
by
tprogex
on 05/04/2014, 17:09:33 UTC
Will vertcoin communicate its stand publicly? Will vertcoin when push comes to shove do the 'right' thing?

I don't know how many times we have to publicly say "VTC will hardfork if necessary to keep ASICs out" - we must have said it a hundred times!

I'll say it again, in case repetition number 101 will help - VTC will hardfork if that every becomes necessary to keep ASICs out. This isn't LTC, we're not going to suddenly decide to give up and capitulate in the face of a need to hardfork, we will do whatever is necessary to keep VTC decentralised and in part that means excluding ASICs by whatever means necessary.



Boris, i think a lot of people ( especially GPU miners ) including me are a bit  uncomfortable with the momentary situation in the whole market.
BTC is getting worse and worser and all other coins also. I would say nearly no coin is profitable to mine if you have to pay more than 0.15€ / kwh
(0,20uS$ / kwh ) mining with GPU´s. In germany it´s impossible. We have to pay between 0.25 and 0.35€ / kwh

All over discussions are around about statment from LTC devs and their comments around X11 and n-scrypt and an LTC hardfork.
Also a lot of post "nothing that is minable with a gpu is resitant against asics"

Here in the VTC area it´s compared with dark area very quiet. So i think maybe people are unsure how to go on now or maybe to shut down their
gpu based miners. You have to post more often VTC future plans and make people belive VTC could be their GPU mining future.



Boris had said it clearly "hardfork" that's the key to fight against ASIC.
Not sure how could he say it any clearer ?
I must assume that VTC had been coded to anticipate the need of hardforking from the start.
So why bother and update(its very painful) now as Now VTC ASIC Resistant.In Future don't worry We will always have asic Resistant coin  if . VTC Not changes algo after ASIC comes to VTC  Other GPU coin will come and get all gpus power.