turning ftc around?

kelsey

good to see it still turning over (just). would you guys be ever willing to listen to the way to turn it all around for feathercoin?
last time i attempted this it was draining with no chance of getting people to listen, i’ve never been the enemy, just outspoken and honest.
its like blinkers are on, path set, despite market telling everyone otherwise.

would you guys be ever willing to change this direct?

Wellenreiter

Hi @kelsey ,

I see some critics in your post, but don’t get, what you mean.

Can you share your ideas and suggestions, what we should improve/change/develop?

We are happy about everybody trying to make Feathercoin successful and would like to discuss your ideas.

kelsey

i’ve explained it many times over now which is becoming years, but only to be mostly shot down, so thats why i ask first before i again waste my time explaining it all too you guys.

unless you’re all still in the longest river in egypt, you’d notice that the move to neoscrypt was a mistake and pretty much everything since (which many of us warned you guys about).
my proposal is and always has been to return ftc to its roots and focus on what made it a success in the first place.

Wellenreiter

Sorry for the harsh answer, but changing the algorithm again is out or question.

It is correct, that with Neoscrypt a given GPU provides much lower hash rates as for the Scrypt algorithm, but as long as this is equal to all GPU is is no disadvantage.

We changed to Neoscrypt to avoid that a small number of big ASIC based mining farms to take over most of the hash rate and therefore control the BC and coin generation.

This risk still is valid, if we move back to Scrypt, and so it is a no-go for us.

ASIC users still can mine scrypt based coins on multipools, like multipool.us and change the mined coins to FTC automatically.
I know that this is just a workaround, but it is a possibility to earn FTC with ASICS.

wrapper

Kelsey, can I ask what you mean by success?

wrapper

@kelsey
To the define success; obviously with a currency success is both adoption and usefullness as a currency, as with fiat liquidity is ultimately important as it helps determine price (with the former ie adoption and usefullness determining value)

@kelsey
my proposal is and always has been to return ftc to its roots and focus on what made it a success in the first place.

@wrapper
That’s cool, but if there is no structure or web site to go to those aims are impossible, and FTC have done a great job with that. To be a usefull coin it does need to continue to show it is secure, even in these “hard times”, It needs to build on some foundation, that is the blockchain.

Also, under your own definition FTC was not a success in the first place (eg. FTC lacked POS tools etc, to aceive the usage aim so early) , so what is the point of doing a “U turn” to that state?