Re: Official Feathercoin newsletter #34 - FTC to the Earth's only natural satellite
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.
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.
It's a relevant concern indeed, and that's why we're already working hard trying to get at least one GPU miner in place from launch day (no telling at the moment if nvidia or amd will get done first, or perhaps both). Launching without a GPU miner won't only risk that everything looks like a scheme for the core team to get rich but the coin would also be very easy to mine big time with a bot net. None of those options would benefit feathercoins survival, that's for sure
