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I take it this is for an eventual coin you would like to create? Hmm?
Death! so I can buy a 290x for $150
I refuse to comment so that I can hold ideas close to my chest just in case I get the notion to make a coin some day.
No problem doing that if you actually know how to code and implement new ideas versus copying the source code and changing a few variables.
Fair launch
It is very important for the success of any new cryptocurrency for everybody to have fair access to mining at the beginning, and the launch should be as transparent as possible. The incentive to early adopters should be the expectation that the price will go up, and the fact that it's easier to mine at the beginning, but without generating an unfair distribution where anyone gets more than the expected minting of 50RICs every 2.5 minutes.
Now, the technical stuff
Source code and binaries for the Windows and Linux clients will be provided at launch time. There will be no premine.
Since this is a new PoW, it is very hard to define a starting difficulty that avoids instamining. To overcome this and contribute to a fair launch, the first 576 blocks will have no reward and the next 576 will linearly increase and reach the full reward at block 1152, after 4 difficulty adjustments were performed. Besides avoiding instamining, this should allow time for those who want to compile their own clients.
Expect the starting difficulty to be hard.
Source code will be provided a few days before launch, but the PoW functions will be replaced by stubs. The idea is that everyone would be able to examine the code and confirm that there's nothing strange and it is indeed pretty similar to bitcoin's. Everyone would be able to compile it, see if they have the correct dependencies, etc, but it won't run. At launch time, when the final code is released, everyone could easily check that the only thing that changed is the PoW code, so you'd only have to check the diff of a few lines of code and recompile.
Yes and yes.
Day job: Senior software engineer
Night job: Parent, play thing, cook, cleaner, husband, handyman, chauffeur, secretary, banker, launderer, medic, etc., etc., etc.
How many BTC does "time" cost?