Because it's a shitcoin? It adds nothing of value now that scrypt asics are here, so I'm honestly surprised it's even worth what it is.
This.
LTC advantage has been advertised as GPU resistance first, then ASIC resistance and now what ? Cmon guys, you have to wait for LTC to be added to MtGox so the price can go to the moon. Wait, this wont happen anymore
While this was a advantage for litecoin at one point , Litecoin was never designed to be asics proof. Either way it doesn't matter what you guys think , the market has spoken , money talks and litecoin has been decided has the number 2 coin.No other coin comes close in 24 hour volume and marketcap and that's a fact nobody can dispute.
bullshit. it was specifically designed for that
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allow me to introduce you Tenebrix, a cryptocurrency we (mostly ArtForz, but I contributed the name, some minor tweaks and the logo, as well as windows portability suite and cool genesis motto Wink ) have created to provide the community with a cryptocurrency with solid GPU resistance.
It implements a proof-of-work scheme based on scrypt, a cryptographic construct specifically designed to resist creation of efficient GPU, FPGA and even ASIC implementations. You can find more about scrypt and how it can improve your stamina, masculine appeal and performance here
Tenebrix is intended not only to become the first and the best of CPU-specific cryptocurrencies, but remain so in the future (that's exactly where the Tenebrix Protection Fund will go... That, usability/gui bounties, fixes and my dream of starting up a massive coin laundering "Historical Cryptocurrency Collector" Service Cheesy)
It implements a proof-of-work scheme based on scrypt, a cryptographic construct specifically designed to resist creation of efficient GPU, FPGA and even ASIC implementations. You can find more about scrypt and how it can improve your stamina, masculine appeal and performance here
Tenebrix is intended not only to become the first and the best of CPU-specific cryptocurrencies, but remain so in the future (that's exactly where the Tenebrix Protection Fund will go... That, usability/gui bounties, fixes and my dream of starting up a massive coin laundering "Historical Cryptocurrency Collector" Service Cheesy)
And despite those claims that guy was secretly mining with GPU with his own optimized implementation while all suckers were mining on CPU's...he played everyone
next he was working on FPGA's while everyone was on GPU