dev, please change the algo to x11
and cut supply to 22m
X11 algo would mean no major multipools, maybe you should reconsider it.
better distribution, less dump risk
I was hoping if I could ask you to reconsider the Scrypt algo, there are currently asics and multipools who will dominate the distribution stage. I have seen poor distribution of the POW/POS coins over the course of the past month with the added benefit of massive DDOS wars directed at pools coming from china/russia ip's during the last release. (Shibecoin)
X11 isn't the best alternative though (doesn't incorporate
SHA-3 and currently a NVIDIA miner isn't available), two more efficient & secure ASIC resistant algos are:
Groestl (Sha-3 candidate) 60% TDP
https://bitcointalk.org/index.php?topic=525926.0
- GPU and CPU friendly (GPU is just 5-10 times faster than GPU, for example Intel Core2Quad 9550 = 1.18Mh/s; Radeon R9 280X = 6Mh/s, Radeon R9 290 = 9.8 Mh/s)
- Old GPU friendly (5870 is almost as fast as R9 280X)
- Lowest energy and heat when GPU mining (even lower than X11 algo)
- Fast growing community
- ASIC-free
- No multipools
JHA (variable hashing round with SHA3, Blake, Grøstl, JH, Skein) 50% TDP, increased security,reduced loads, GPU/CPU Friendly!
https://bitcointalk.org/index.php?topic=584481.0Jackpot Hashing Algorithm (JHA) uses variable hashing round with SHA3, Blake, Grøstl, JH, Skein. It is ASIC resistant and has increased security/reduced loads with the incorporation of 4 of 5 candidates for the
Cryptographic Hash Algorithm Competition http://csrc.nist.gov/groups/ST/hash/sha-3/index.html announced by NIST. It saves 50% of the power as compared to the conventional hash algorithms and supports both CPU mining and GPU mining.
PLEASE DELAY THE LAUNCH IF NECESSARY!
IMPLEMENTING A DIFFERENT ALGO IS VITAL TO THE LONG-TERM SUCCESS OF THIS COINYou're wallet gui and website are beautiful and adding a fair distribution aspect will seal the deal for the mining community. Please consider these suggestions.