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Showing 4 of 4 results by Scynthetic
Wrong... very wrong!!!
I was one of the first voices to ask about an ASCI-resistant algo when this coin was announced... and I fully support the use of an ASIC resistant alog... but making this change 18 hours from launch with an untested wallet and coin network... 18 hours for me compile a custom BAMT that uses a scrypt-n cgminer variant... 18 hours to test the compiles and tweak and tune 9 rigs to be sure they are stable at launch... now the pool admins have 20 minute early access to the source code so we solo miners now behind the pools and unable to combat a fork... this is shaping up to one difficult launch.
I am not lazy or a mine and dumper... I only have some many hours in a day and I hold 90% of the coins I mine for more than 3 months... so you are wrong.
If the dev would have announced a scrypt-n algo even a few days ago, I would have no issues. But all these last minutes changes are ensuring that we are in for a bumpy ride.
It seems the dev does not know what he wants for this coin... and it is worrisome that he is making major changes on the fly.
So far a double back-track... pools get source early when he originally announce the no one would get the source early... now he caves into pressure and put another 75M coins into the IPO when only a few posts early he gave a very sound reasoning why he did not want to.
It doesn't take that long to set up a vert miner in bamt. 10 minutes, tops. Hell, there's even a guide on reddit for it. (I recommend using thekevs miner over bufius', though) Setup, clone, config, profit?
I agree that these changes are coming a little late in the game, but these changes are also what the voice of the majority is saying it wants, and it makes sense. I don't know if I really like the pools being running immediately, but adding coins to the IPO fund seems like he's just trying to be fair to the people investing.
I'm an IPO myself, and know the coin would work fine with Scrypt. Like many other coins. Litecoin sound familiar?
Because the crypto world needs another LTC clone, right? We haven't watched enough of those come and go already? It's not that hard to set up your rigs to mine scrypt-n, and NO, it doesn't damage anything.
As for your previous comment: YES this should help stop a forkfest on the launch. Scrypt-n means we won't have multipools dropping 50ghs on it as soon as it's compiled. Would you rather have an instamined clusterfuck?
People are voting for the normal scrypt algo so they can rent a ton of hashpower for launch and instamine the hell out of it, and if it launches as such that's exactly what I'll be doing myself. Scrypt-n is susceptible to this as well, but scrypt-n hashpower isn't nearly as readily available, (not to mention there aren't any giant scrypt-n multipools to hammer the launch). Either that, or they're hoping to jump on the asic train that's starting to gain some momentum.
If this ends up launching as normal scrypt it might as well be just another clone. And while he store front is an awesome idea, it won't be long before you'll need to supply your customers/miners with asics instead of gpus.
If this ends up launching as normal scrypt it might as well be just another clone. And while he store front is an awesome idea, it won't be long before you'll need to supply your customers/miners with asics instead of gpus.