Best posts made by RaccoonPete

I’m up for either marketing, community, merchant outreach, promotions, or charity outreach if you still need help. Feel free to PM me.

That’s true and I guess we don’t want to cause trouble for other coins but are we sure that this would be a problem?

If bitcoin did change to scrypt it would be in direct competition for hashes with litecoin, Feathercoin etc etc and has essentially cut out its ASIC miners.

ASIC miners would have to find a new sha256 friendly home. And the GPU scrypt guys would have to make the choice of staying with their coin or jumping ship to bitcoin.

I suppose because of the higher value of bitcoin and the very quick decrease in hashes it would be very lucrative to mine initially at least which would likely be the deciding factor.

If we consider sha3 we would be moving into maxcoin territory. As we don’t really have an ASIC problem yet the scenario is different. So we are not alienating any/many of our loyal miners which means our hash decrease would be lower. We would have to work out at the difficulty we move over to sha3 territory how would we compare financially to maxcoin to figure out the consequences to both Feathercoin and maxcoin.

I believe what wrapper meant is that we’d be the larger coin taking over the smaller coins algo.