update:
Merecoin's White paperMerecoin is really a "mere coin", a simple clone of Litecoin with an independent blockchain, designed to demonstrate that money is just an idea of value + an eco-environment in which this idea functions.
The advantage of Merecoin is that you can earn coins directly on your home or work computer, without interruption from the main activity, without installing special program-miners, and without participation in pools.
Merecoin’s mining - it's very simple. And many people do it. At the time of this writing, more than 18,000 blocks and 4,000,000 coins (out of 770,000,000) have already been mined.
In the near future:- Create a block explorer.
- Place Merecoin on the exchange.
- By means of marketing mechanisms, raise the value of 1 MRC up to 0.0001 BTC and above.
- Task-maximum: Merecoin in the Top-20 for capitalization.
It's a
real challenge, because Merecoin is no worse than Bitcoin or Litecoin. It's even better - because you can independently mine its blocks on your home computer.
https://github.com/merecoin/merecoin 
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