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MemberActivity: 94Merit: 10Meep (Unofficial) [ANN] Litecoin [LTC] to X11 algorithm hardfork March 30, 2014, 11:07:17 AM

Last edit: April 02, 2014, 05:23:00 PM by Beeker #1 Update 4/2/2014:



After much deliberation our team has decided not to continue this project.

We'll put our support and energy in supporting and buying X11 coins as we believe this is the algorithm for 2014.



We wish Charlie, the team and the community all the best for LTC.



Best regards,



(no longer) the LTC to X11 hardfork team.





================================================================





We, a team of Litecoin supporters and developers, are not satisfied with the current development of LTC.

That's why we are working on a hardfork for Litecoin to make it ASIC resistant.



This way we like to keep it decentralized, so no large ASIC manufacturers like KnCMiner, Gridseed or Alpha-T can takeover the network when Scrypt ASICS come widely available.



To lower the footprint of LTC and retain GPU mineability, the algorithm of our choice is X11.



We would like to hear from the Litecoin community if other changes, like to the difficulty algorithm, are preferred too.



Please keep this a nice and open discussion, this topic will not be moderated as we think everyone has the right to free speech.



More to follow, so stay tuned.



The LTC X11 team.













Litecoin [LTC] hardfork to X11



hardfork at block: ~564,480



may be subject to change, not set in concrete













Voting topic:













Discussion:













Statement by Litecoin developer:

https://litecointalk.org/index.php?topic=18166.0













github: coming soon

Litecoin-QT for Windows: coming soon

Litecoin-QT for GNU/Linux: coming soon

Litecoin-QT for Mac OS X: coming soon

Litecoin for Android: coming soon

Litecoin for BlackBerry: coming soon



















Mod note: Since this is picking up outside press, I'm tagging this as unofficial to avoid confusion. -Maged After much deliberation our team has decided not to continue this project.We'll put our support and energy in supporting and buying X11 coins as we believe this is the algorithm for 2014.We wish Charlie, the team and the community all the best for LTC.Best regards,(no longer) the LTC to X11 hardfork team.================================================================We, a team of Litecoin supporters and developers, are not satisfied with the current development of LTC.That's why we are working on a hardfork for Litecoin to make it ASIC resistant.This way we like to keep it decentralized, so no large ASIC manufacturers like KnCMiner, Gridseed or Alpha-T can takeover the network when Scrypt ASICS come widely available.To lower the footprint of LTC and retain GPU mineability, the algorithm of our choice is X11.We would like to hear from the Litecoin community if other changes, like to the difficulty algorithm, are preferred too.Please keep this a nice and open discussion, this topic will not be moderated as we think everyone has the right to free speech.More to follow, so stay tuned.The LTC X11 team.Litecoin [LTC] hardfork to X11hardfork at block: ~564,480may be subject to change, not set in concreteVoting topic: https://bitcointalk.org/index.php?topic=549592.0 Discussion: https://litecointalk.org/index.php?topic=18122.0 Statement by Litecoin developer:github: coming soonLitecoin-QT for Windows: coming soonLitecoin-QT for GNU/Linux: coming soonLitecoin-QT for Mac OS X: coming soonLitecoin for Android: coming soonLitecoin for BlackBerry: coming soon Meep meep