Quote from: tz on April 23, 2014, 02:44:35 PM

Quote from: adam1230 on April 23, 2014, 01:12:53 PM

Quote from: reaxion on April 23, 2014, 12:05:33 PM

all X11 coins like Global Denomination

new algorithm just means 51% security risk. Stick with scrypt, ASIC miners will make the network secure. Change isnt always good.

That must be the most retarded statement I have seen in a while...
Securing the network has nothing to do with ASICs. Regardless of the size of the network, what matters is how the hashpower is distributed over the nodes. A 500MH network can very well be much more secure than a 5GH network, if, for example, on the first one there are 5 100MH pools, while on the latter there is a 3GH pool (easily achievable with ASICs).
Currently, large ASICs are nothing but the best tools a pump&dumper can dream of. In addition, because of their extensive costs, the large ASICs will bring about uneven distribution for every scrypt POW coin, since only a couple of people will be able to afford them, and those people will hold far greater hash power compared to your normal GPU miner.

from what I can tell, BTC is pretty secure and doing just fine after the advent of ASICs Roll Eyes