OMG, "asic resistant algos" - LOL there is no such thing.

ASICs (Application Specific Integrated Circuits) are simply a chip that has been designed to perform one function very well and very quickly. It has been done for SHA256, it has been done for Scrypt
and it can be done for any algorithm.

If everyone switches to X11 then guess what? There will soon be X11 ASICs. I would hazard a guess that somewhere in China there is already one being designed. The only difference between X11 and Scrypt is that it doesn't stress GPUs as much meaning they run cooler and use less power, which I agree is a good thing but it doesn't mean much else. ASICs already use a fraction of the power of GPUs and produce next to no heat. And hash-for-hash don't cost much more. Remember, GPUs are not designed for mining coins but for playing games so whatever algorithm is used they will never be the most efficient way of doing it.

When you talk about 'centralisation' you seem to be referring only to miners - cryptocoins are not there just to make miners money you know, they are supposed to be USED as currencies without any interference from governments or banks etc. Their decentralised nature comes from the fact that the blockchain is downloaded and stored on individual users' computers all over the world and is not reliant on one institution. So the only requirement for someone to be involved is access to a computer or smartphone or whatever. Not everyone has to be a miner!

It is inevitable that anyone with more money to invest in the first place will be able to mine more currency for themselves, whether they are buying GPUs or ASICs. That's not the point, these currencies need to have a reason to be USED by people - which, I believe CWC has in abundance (once all the bugs are ironed out!) So moan however much you like about 'the elite' it will make no difference to you whether Scrypt, X11 or whatever is used, someone else out there will always be able to mine a lot more coins than you.

Bitcoin is now not widely mined except by the super rich as the difficulty is so high but you don't see it dying because none of us mere mortals can afford to mine it profitably do you? No, it is successful because it is USED. The only thing that makes a coin survive is its popularity. If a coin is popular and being used, the difficulty goes up which in turn makes it less profitable for everyone to mine, which in turn means more people switch to ASICs. This will happen whatever algorithm is used as it is designed into the very concept of cryptocoins. If the only reason you're into this is to make money, there are really only 2 ways you can do this- 1) Find and research a new coin which you think has potential and get in early and mine a bunch to hold onto until the price rockets (Imagine if you'd mined 10000BTC a couple of years ago when the difficulty was nice and low and held onto them!) or 2) Invest some fiat currency and do some day trading betting on which coin is going places. Neither strategy will guarantee you big bucks!

1.7.0.2

Updated Windows Wallet: https://drive.google.com/file/d/0B9AVjo3qD9DANUo1TUZHb3k2ODQ
We will be moving it off of Google Drive and over to our server tonight, but if you want to check it out -- there she is.

New Source: https://github.com/CleanWaterCoin/cleanwatercoin
• DNS Seed connections enabled
• IRC Connections disabled
• Added "posmint" configuration directive to enable/disable PoS miner
• Corrected syntax errors

Thank you for informing me about this... It's me to blame and a stupid space character (actually 2).
I will have it fixed in the new version, but you can fix it easily if you want to build it right now.
Open your cleanwatercoin-qt.pro file

You will find this:

You see the spaces after the QT_DISABLE_DEPRECATED_BEFORE?
My stupid text editor thought it would be better if it had it with spaces, so it shows up better Oo

You should change it to:

(remove the spaces)

That was the problem and I'm very sorry I was the cause of all your troubles...

Hehe

We actually are rolling out 1.7.0.3 very very soon which will have the nodes hardcoded in to get rid of any lingering syncing problems.

BTW, where did you get your gridseeds from? Like them so far?

Attention Clean Water Coin Community,

With summer here, or right around the corner (depending on where you live), we have all been noodling the idea of switching over to X11. X11, as many of you know -- has proven to be a less expensive way to mine coins with slightly increased productivity. And so we would like to pose the question to each of you and get your feedback.

Should we hard fork and change to the X11 algorithm? Please let us know your thoughts, suggestions, or comments!!

We look forward to hearing from you,
The Clean Water Coin Team

Refresh amigo