#1 Source For Bitcoin And Altcoin News
It’s time to get back into action and write some informative articles for the cryptocurrency community. A lot of people have asked me to look at CannabisCoin and give you my thoughts about it. I will try to keep it objective though, here we go!
Allow me to start this article by saying that I am really not a fan of altcoins naming themselves after (semi) illegal goods. That does not mean they can’t be successful in their own right though, so take my concern with a grain of salt.
Scrypt-N Asics, Inflation, and KGW
We are currently considering and evaluating possible major changes to Execoin to mitigate over-inflation issues, and to address a vulnerability in the Kimoto’s Gravity Well difficulty re-target algorithm. Our version of KGW is too processor-intensive and slows down the wallet. After serious consideration, we have decided to do a hard-fork in the near future. This will allow us to eventually change the PoW algorithm to a completely unique one, not currently being used in any of the coins existing on the market. This will make the upcoming Scrypt-N ASICs obsolete before they even release to the public. More information about this will be released in advance.