You may want to add something about bounties. I personally do not like them due to the somewhat necessary condition of pre-mining but you can decide for yourself.
Which bounties though? I am not as familar with them
I mean, anyone can put a bounty down for any purpose.
I think if the developer puts a bounty for an exchange this is bad
bounty for services which use the coin.. maybe also bad
bounty for pools or block explorers or things like that.. maybe not as bad
In my opinion, any altcoin launch now
needs to use a low reward for the initial day or two of mining to prevent absurd # of coins and to combat the massive sudden influx onto the mining network that all coins get.
this means that sure, the developer could put a bounty up, but the only way he would have a bunch of coins is if he legitimately had some 10,20,50 MH/sec running on the network for a day. And that is going to be worth coins and $ no matter what network you have it on.
This is what i put at the moment
* Low reward at start to offset 'premining' and early hash power consolidation which leads to orphan-mania. Based on how much hash power gets thrown at basically any coin when it launches, you probably cannot combat the orphan rate, but you can minimize the absurdity of how many coins they can farm. Also reduces problem of mining large numbers of coins early to bribe people with bounties unfairly. Bounties should require honest work and hashrates to achieve, just like on a mature network like current BTC/LTC
