Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] Slimcoin : Proof of Burn NEW BLOCK GEN, Mineable by low power computer!
by
Mr E
on 27/10/2014, 21:41:42 UTC
Quote from: a123 on October 27, 2014, 06:59:34 PM
Quote from: BitcoinFX on October 27, 2014, 03:17:31 PM
Lets put it to a vote to switch algo then - the logical choice being SHA-256 like Bitcoin and Peercoin. I think I would actually vote yes on that.

Hmm I'm not quite for SHA-256 since I like the idea of SLM being a gpu/asic-resistant coin.
+1, I think the idea of using dcrypt is to discourage intensive mining, partly since the point of Slimcoin is to require less 'wasted' power in mining by encouraging proof-of-burn to be more significant than proof-of-work. I would favor an algorithm that's going to be hard to accelerate, for that reason.

(PS -- I downloaded the 0.3.2.1 Windows build from the Git releases, and it was crashing again like the old wallet did. I've had to go back to 0.3.2.0 for the time being. Sad )