Post
Topic
Board Announcements (Altcoins)
Re: NobleCoin[NOBL] - **NOBL/$USD@VoS**MARKETPLACE/BULLION**50 CHARITIES/MERCHANTS**
by
Miner232432
on 29/05/2014, 22:28:37 UTC
we need an algo with a high Mem prerequisite.

That's just filling holes in a broken dam with leaves & mud

It's a cat & mouse game with these algo's and asics being developed to use the new algo's, no matter what mining algo you pick eventually an Asic (or something far worse in the future) will come along and crush everything in its path

This is why I'm all for moving away from traditional mining and over to something like PoS, now I'm not saying we adopt PoS but we need a system which stops miners from mining and gaining 51% which is why I'm all for a revolutionary PoS type hybrid system with hard coded limits on the amount of staking within the system perhaps an intelligent system which fluctuates the limits based on the amounts being stake so no single wallet can have 51% control