Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CATc] Cataloniacoin · Vote for us on Mintpal · SCRYPT-N · KGW
by
bacoinin
on 22/04/2014, 23:33:57 UTC
In the end I am happy with any asic reaistant coin, but the algo imho doesn't matter as long as 1. Has no known colisions attacks 2. Is asic resistant .
I completely agree that for now these should be the among the main criterias for selecting an encryption algorithm for a decentralized trustless transaction network. Hopefully the mix-algos, like X11, will remain ASIC and bug free for some time! In addition, if some of the secondary properties(lower temperatures,lower power consumption,longer GPU lifetime etc) are attractive for much broader circle of miners/gamers, then its a BIG plus.

Some informations on X11 in case someone is too lazy to google Cheesy :

-Description: http://wiki.darkcoin.eu/wiki/X11
-Some Pros and Cons : http://www.cryptocoinsnews.com/news/pros-cons-x11-algorithm/2014/04/10
-Some interesting and heated flamewar around X11 (16 pages of hate and drama! PopCorn recomended) : https://bitcointalk.org/index.php?topic=556277.0;all

I am just trying to ignite a discussion, nothing more Smiley e.g. One interesting property of the X11 algorithm is, that, so far the ratio between the hashing speed of the best CPU and best GPU is close to 3. This adds some interesting dynamics (good and bad i suppose) to the future transactions network, don't you think ?

To the devs: If you guys are interested in making the CATC-algorithm more "environmentally friendly Cheesy" and dislike the X11 for any reason, there are some interesting mix algorithms out there with similar attributes to X11!