Post
Topic
Board Altcoin Discussion
Re: Official Feathercoin newsletter #34 - FTC to the Earth's only natural satellite
by
digitalindustry
on 24/07/2014, 14:26:58 UTC
Wow Tuck Fheman reposted whole thing at his blog!
http://tuckfheman.com/post/92576669214/official-feathercoin-newsletter-34

Thank you Tuck, this is quite an honor for me.

Some people might not realize it yet, but Neoscrypt is the only solution for Scrypt coins right now to escape before incoming TITAN rape.


its a good solution but its not elegant - sCrypt is a GPU killer, and i assume (without reading anything on it)  its still going to have the memory hard function and thus the higher voltages - ?

Actually Neoscrypt handle memory little different than scrypt.
However code is not 100% optimized for GPUs yet so it is hard to tell how much the performance will be better.

Sounds good -

but i have a question why try to do something radically new  if a hard fork is required - why not do something that the market knows ( like i previously mentioned ) for example taking well known algos from the "X" bunch or the "Quark" type and mixing them into a new Random driven function?

then rename this your own?

the point is this :

Will the market see this as more of the "CPU only" reset that gives the designers of the function a distinct advantage over the rest of the market at inception as they will have an optimized GPU and the rest of the market will have  whatever they can develop.

wouldn't there be risk that the market will see his as manipulation?

TL;DR

Isn't there Risk the market will see untested "new" algos as an attempt to manipulate with your own "optimized" miner when if the proposed solution really is ASIC avoidance is it not in front of you?

Represented in the now many many algos floating around which are well tested and being optimized by the market all the time.


don't get me wrong i support your move.