Post
Topic
Board Economics
Re: Bitcoin vs. All Other Coins, are they hurting Bitcoin?
by
Mitchell
on 23/05/2014, 07:47:16 UTC
Right. That's why I don't expect great ideas to be easily or at all incorporated into Bitcoin code.
Changing mining algorithms is not necessary for Bitcoin. The network hashing power is way to big right now for a quick 51% attack. There are other ways to prevent that from happening, so why would we change the mining algo and destroy a large part of our hashing power? I believe that they will implement great idea's, just not new mining algo's.