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Old 06-24-2013, 07:21 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
Quote:
Originally Posted by halfpint View Post
ohh why not ? they all do the same thing
Many of them have no real value apart from making money with speculation or hype... including pre- or "almost" pre- mines by the developers and their buddies. There's even software that mines the most profitable coin at the time, then optionally auto-sells (dumps) it.

Litecoin is really the only coin that tried to do something different (using scrypt), the rest are mostly just some simple tweaks to the block target and difficulty. Any idiot who knows how to modify some values and compile from source can do it.
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