Quote from: Coinler on June 01, 2014, 10:51:44 PM

Quote from: djm34 on June 01, 2014, 10:49:08 PM

Quote from: Coinler on June 01, 2014, 10:44:16 PM

Quote from: djm34 on June 01, 2014, 10:30:40 PM

Quote from: Coinler on June 01, 2014, 10:28:05 PM

Quote from: creamynebula on June 01, 2014, 10:10:45 PM

Quote from: Coinler on June 01, 2014, 10:02:09 PM

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.

What you say doesn't make sense, no matter the coin, there will always be possibility to either increase your hashrate: more cpu, more gpu, more asic... That doesn't depend of the algo, that just depends on profitability.

lol u guys are thinking inside the box. nothing is impossible. the solution is rather simple.. as usual when made public many will kick themselves for not thinking of it sooner. u can add 1 gh asic to this coin if u like. it will make the coin stronger.

Just make it blake-256, and if the merged mining pool @ http://la1.blakecoin.com/ adds it to their 5 coin blake 256 array, you have 2TH if net stability instantly. For reference 1 GPU of average ability can mine blake 256 @ about 2.2-2.6GH each. I dont know what their hardwre can handle tho, however I have heard that 'technically' you can merge like 100+ coins @ once.. the limiting factor is the hardware resources on the pools end. Theres more info on the various blake-256 threads.