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Re: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer
by
crybaby
on 25/12/2014, 22:20:58 UTC
Can Vertcoin be mined whit a normal scrypt asic?

Er.. no. Its a Lyra2RE algo now. Not scrypt.
So Algorithm: Scrypt-N can not be mined whiit a scrypt asic ?

Vertcoin is not Scrypt-N any longer. It forked to Lyra2RE at block 208,301

Excellent jobs and my VTC still the same.  I will add 100x holdings as the rate is dropping from $5 to $0.05 each VTC
Seems a bit criminal to change the algorithm whiteout everyones agreement. So a hand hull of people just change it...  Not really the decentralization dream right?
This is even big as monetary system stopped using gold as backing.


No your comparison is wrong because people bought into this coin with the understanding that the developers would be taking necessary steps to thwart ASICS. This change does not in anyway go against the mission statement.
And ... The price crashes to new lows after the change. No surprise to me. Glad I dumped all my coins when the change was announced.