Leads Eyes Only - What's happening behind closed doors
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[quote name=“justabitoftime” post=“14389” timestamp=“1371163063”]
- A different algorithm will not only bring it’s specific advantages but make it difficult for a pool to simply switch to attacking us
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I really don’t believe this was done by a pool just simply switching over, I believe this was done by a pool purposely set up and just switching ON for the sole purpose to attack, and from non Litecoin miners too < Although I would be very happy to be proved wrong on this. 8)
- A different algorithm will not only bring it’s specific advantages but make it difficult for a pool to simply switch to attacking us
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[quote name=“UKMark” post=“14411” timestamp=“1371166320”]
[quote author=justabitoftime link=topic=1789.msg14389#msg14389 date=1371163063]- A different algorithm will not only bring it’s specific advantages but make it difficult for a pool to simply switch to attacking us
[/quote]
I really don’t believe this was done by a pool just simply switching over, I believe this was done by a pool purposely set up and just switching ON for the sole purpose to attack, and from non Litecoin miners too < Although I would be very happy to be proved wrong on this. 8)
[/quote]I never said that. :) I simply said that would prevent that from happening.
- A different algorithm will not only bring it’s specific advantages but make it difficult for a pool to simply switch to attacking us
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Maybe someone has a great solution and they’ll produce a coin with the right combination of ideas. Until then, all we can do is keep hashing out ideas and see where the chips fall.
Being Litecoin’s redheaded stepchild that doesn’t even care enough to take us for icecream on the weekends is one thing I’m personally not interesting in doing anymore. That’s a personal decision and not one influencing whatever Bushstar decides to do.
Maybe Bush will go this route, maybe he’ll decide to try something else.
- As a Feathercoin supporter, I’m here until the end.
- As a Feathercoin projects guy, I’m with you guys as long as I can justify the time and interest pushing it forward.
[b] ** Any one of you could step up and handle what I do here… I’m not the least bit concerned with Feathercoin’s future **[/b].
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I’ve stuck by Bush (& you :) ) this long and I’m happy to continue, I agree about Feathercoin’s branded image, and I suppose there is no cyrpto mould for us to break as it’s all an experiment anyway! 8)
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Redheaded step children don’t have to play by the rules.
If it’s to be an experimental coin, let’s experiment. I’m fine with that, so long as we don’t go full retard and kill the coin like so many others have.
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[quote name=“Kevlar” post=“14435” timestamp=“1371168624”]
Redheaded step children don’t have to play by the rules.If it’s to be an experimental coin, let’s experiment. I’m fine with that, so long as we don’t go full retard and kill the coin like so many others have.
[/quote]I want to divorce our parents. :)
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[quote name=“wesphily” post=“14463” timestamp=“1371171768”]
[quote author=Kevlar link=topic=1789.msg14435#msg14435 date=1371168624]
Redheaded step children don’t have to play by the rules.If it’s to be an experimental coin, let’s experiment. I’m fine with that, so long as we don’t go full retard and kill the coin like so many others have.
[/quote]you can never go full retard!
[/quote]Oh I dunno… I think a few are attempting it the trollbox.
Good work bush/justabit. We appreciate the hours you guys do but sometimes you just need to switch off. Might I suggest a day or 2 of proper rest, take the wife out (better still, someone else’s wife ;) ) and don’t even login to your machines. You deserve it! We can keep this place going until you return. Fresh heads on Monday.
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Agreed with nut2, a day or 2 off will be good for you guys :D
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This article discusses what would happen if Bitcoin underwent an intentional hard fork.
http://www.thegenesisblock.com/go-fork-yourself-life-after-a-bitcoin-hard-fork/
While I don’t agree with all his conclusions, specifically the one about mining fees sustaining the network, some of the conclusions are undeniable, and wholly applicable to this situation.
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[quote name=“Kevlar” post=“14983” timestamp=“1371239470”]
This article discusses what would happen if Bitcoin underwent an intentional hard fork.http://www.thegenesisblock.com/go-fork-yourself-life-after-a-bitcoin-hard-fork/
While I don’t agree with all his conclusions, specifically the one about mining fees sustaining the network, some of the conclusions are undeniable, and wholly applicable to this situation.
[/quote]Read it before, good read… definitely something everyone here should read. I would argue that the models are quite a bit different considering the scope. Bitcoin so large, their hard fork would effect payments with merchants (v1 and v2). For us, we need to start making decisions while we’re small enough to bounce back. Since our value is largely determined by market confidence (certainly not currency acceptance), how we went about it would make all the difference. I could be wrong, just how I’m reading it.
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Outside of the box:
We could say we are currently the alt-chain of Litecoin (FTC=LTC2) and that we have already done what Bitcoin is proposing.[quote]If one chain eventually won, the alt coins would not disappear, however their use would wane and they would eventually become worthless.[/quote]
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[quote name=“UKMark” post=“15122” timestamp=“1371260658”]
Outside of the box:
We could say we are currently the alt-chain of Litecoin (FTC=LTC2) and that we have already done what Bitcoin is proposing.[quote]If one chain eventually won, the alt coins would not disappear, however their use would wane and they would eventually become worthless.[/quote]
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^ I thought you had done another video then :D
I agree we are a young coin we do not essentially have the same logistical nightmare that Bitcoin faces - Ie major merchant impact, major back pocket impact, major ASICS investment impact, the list goes on.
It’s basically far easier for our man to leave…