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Re:Looking at the Top 70 Altcoins by the Problems They’re Lo... by celticninja on Wednesday August 09, 2017 @10:07AM (#14968950)
>Litecoin

>Problem: Originally ASIC miners pushing out GPU miners from >Bitcoin, recently, all the drama in Bitcoin is making people >look for a backup Bitcoin.

This is incorrect. Litecoin was created to be silver to Bitcoins gold. Litecoin was also around long before ASICs entered the bitcoin mining arms race. I will agree that it was partially designed to increase decentralization of mining however by preventing or slowing the introduction of ASIC mining. However this does mean more inefficient GPU miners are required.

Re:Looking at the Top 70 Altcoins by the Problems They’re Lo... by davidgerard on Wednesday August 09, 2017 @01:11PM (#14971344)
yeah. The problem pretty much every altcoin, and indeed ICO token, was created to solve was: maybe if I invent my own magical Internet money, I can get rich for free too!