Well that's a vote for "no innovation". I'd love to hear you are still mining at xxx Kh/s against one guy mining at 250 MH/s and dumping at 500 then 300 then 150 satoshis.
I'd like to make something clear here. Copying a code from another fork and implementing in your own rebranded coin isn't innovation either. In order to innovate, certain problems that need solutions that cannot be solved(effectively or efficiently) using current ways of doing need to arise for them to call innovation.
Truth is, right now, none of the coming hashing algorithms actually solve anything, they're just PR stunts to help the coin lift off faster. And a more to-the-root-of-things way of looking is the following: cryptocurrencies are a new technology that poses new problems so the presence or lack of ASICs to a coin ecosystem has yet to be proven in anyway helpful or detrimental. Without proper data we cannot hope to provide a proper solution.
(Disclaimer: this is my own personal opinion and it DOES NOT represent the opinion of the team)Copying a code from another fork and implementing in your own rebranded coin isn't innovation either. Is this coin
not already a fork and rebrand of a current algorithm? Nevermind, to be fair I am talking about the future of this coin in it's current algorithm against ASICs. At no point did I say you need to use X algorithm - however, I have made a suggestion to check out ones in the past that are efficient.
Truth is, right now, none of the coming hashing algorithms actually solve anything, they're just PR stunts to help the coin lift off faster. Do you know of all the algo's out there, and are you keeping up with all the coins communities? I think it's quite something to say that everything out there that is new is merely a PR stunt.
(Disclaimer: this is my own personal opinion and it DOES NOT represent the opinion of the team) I am grateful you stated that. Otherwise it would seem that myself and it seems that many of those who have been supporting this coin, may not have the best representative of the communities interest. I remember reading talk earlier about changing the platform, then the news died, then the subject became hard to approach. I am close to giving up on giving my input and support. After all, thankfully there are many options out there with unique ideas and involvement.