Talk:Litecoin

From Bitcoin Wiki
Revision as of 13:43, 13 January 2012 by Ripper234 (talk | contribs) (Objectivity please, missing citation: new section)
Jump to: navigation, search

There is nothing on this discussion page about this article at the moment. Use it. Reasonable informed edits will be allowed through until a consensus is reached and the page unlocked. That is comments that are neither pro or anti litecoin, but are neutral and objective. Genjix 10:01, 28 November 2011 (GMT)

Objectivity please, missing citation

There are two criticisms in the article, that I believe are not objective:

  • Mining Monopoly - while I heard claims that Litecoin is volnurable to botnets, I never heard anything about a single monopoloy, or anyone possibly building a "single piece of specialized/custom hardware to overtake all the commodity mining systems combined". Can we have a citation for this, or remove it if no citation is found?
  • Pyramid Scheme - The article states, as if it is a fact, that "Litecoin effectively functions as a pyramid scheme". This is hardly objective. Litecoin could possibly become say 1% of the total Bitcoin market, and could indeed function as "silver". The same arguments in FAQ#Is Bitcoin a Ponzi_scheme apply here.

Can we fix this?

Ripper234 13:43, 13 January 2012 (GMT)