Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [COINO] The Coin(O) Community Discussion thread
by
UdjinM6
on 23/05/2014, 15:25:42 UTC
Sorry.

One thing I haven't really addressed before, is the issue regarding ASIC's and Scrypt coins in general.

As a community we have looked at, and considered, this issue around remaining Scrypt and as of yet, as a community, we have not made a decision one way or the other.

The community decided to keep Coin(O), and we have done our best up until now to honour that, but we did not decide if we should change the PoW algorithm or not. This means we have an opportunity to decide between us if we want to move away from Scrypt to another PoW algorithm or not.

It will be YOUR voice and YOUR vote that will ultimately make that decision. We want YOU as Coin(O) community users to make that choice, and to do so you need to join us on IRC at http://webchat.freenode.net/?channels=##coinocoin and make your views known.

We do NOT want to be a community team that makes the rules, we want to be a community team that delivers according to community consensus, and that means YOU need to make a choice.

Even if you are outvoted at the end of the day, you still need to make your voice heard in the community. We rely on YOU to make the choices and WE will try to make it happen.


Your Coin(O) Community Team


It's not about algo - constant supply of 35 COINO per block was a mistake imho. How about dealing with it? May be we should do halving or smth like that? Or may be moving to PoS instead? We have about 15 mil COINO already mined so wouldn't it be better to halve the supply now or to cut it and have few % of stake for example? What do you think?