Post
Topic
Board Altcoin Discussion
Re: [ANN][MRO] Monero - an anonymous coin based on CryptoNote technology
by
David Latapie
on 24/04/2014, 15:50:23 UTC
Relaunch with a GPU algorithm unless a Myriadcoin style PoW setup can be achieved.  Name the last successful CPU only coin...it doesn't exist (no, Bitcoin doesn't count).
Litecoin.

Remember, Litecoin was done exactly for this purpose: GPU-hostile, that's why they used Scrypt (source). As they said, they wanted it to be fair.

Plus, remember that Cryptonote also has at least two other advantages:
- ring signatures
- no-fixed-limit (well, less than bitcoin)

will there be any other changes? hard-fork with reduced emission?
do you want to orginize smth like the "core dev team" or the "Secret Monero Community"? why does thankful_for _today as main dev doesn't participate in discussion?
everything i see there is pretty strange. just like bytecoin (BCN)  Grin
ATM, #bitmonero @freenode. We'll probably create a #monero channel eventually.

When people try to CPU mine and earn 1 penny a day due to botnets, most people cease to bother doing so, and the coin dies from lack of interest.
I don't have a machine with a decent CPU. Does it mean I will forever banned of mining and will have to resort to buying? Talk about fairness. What about the increasingly growing mobile phone and tablet-only population?