Post
Topic
Board Altcoin Discussion
Re: MAKE - Algorithm: Grøstl POS Coin NAOO
by
Coinler
on 01/06/2014, 22:44:16 UTC
i am very knowledgeable on every aspect of science and technology

https://bitcointalk.org/index.php?topic=635368.msg7079866#msg7079866

lol, you may want to look up what an ASIC is and why it will always be more efficient for the specific application at hand than a general purpose computing device

there is no reason to go there. ive worked in the tech industry for more than 15 years.. i know very well how the tehnology works.. and for that reason i know why eventually just about all algorithms will get ported and used by asics. there is only one way to fix that problem of unfair initial distribution thru mining and there is another way to protect investors and build the value of the currency. i claim to have a protocol for an algorithm that accomplishes both. and to be honest.. we can do anything with algorithms.. including make a coin that only uses an additional 5 watts of gpu power and still mine at 1mh. the possibilities with programming are endless. the ability to think outside the box and come up with solutions.. is not as common. 


so you will make another botnet coin ? how fair are these distributions ?

it will be the fairest of all distributions in crypto to date.

to list some attempts and failures
"
airdrop
giveaways
free ipo


fail fail fail.. all were attempts at making sure everyone gets some coins and bring more people into crypto. and each cause a massive decline in the value of the coin.. and asics are no different. before the introduction of asics.. users could get .04btc per mh per day. but all these 100mh just have to sell all their coins the same day they mine it faster than investment can grow and that is destroying all the coins. to them the coin has no worth except when converted to fiat. i will change this. i will make a coin that is just as good as fiat for the asic miner. but better in all other regard.