Hi wingding! Thanks for introducing yourself in my thread. I read both of your threads and agree with your "why" logic. I have to admit this is one of the more interesting approaches so far. Specifically forking off the existing chain.
How far along are you? I might like to help out.
Technically, it doesn't seem particularly hard. Are you going to set it up to use merged mining? That seems logical since you are giving the people already mining bitcoin free coins.
I think the word "forked" in the topic is confusing people. It makes it seem like you are trying to create duplicate BitCoins. I'm pretty confident that is not your goal. It might be useful to adjust your description to one that parallels what other AltCoins have done.
The only major change from BitCoin is:
Reward of 200 BTC per block for each new block - (never changed)
- "LinearCoin" will have an 11 million+ pre-mine with all coins pre-distributed to existing BitCoin owners.
- The chain will produce 10.5 million coins/year (which is far from enough to cause inflation)
- The clients (incl source) running the new fork will be made available well ahead of the fork
You should also make it clear that LinearCoins are not BitCoins and will never operate as interchangeable (value equivalents) with merchants or existing exchanges. Might also make it clear that BTC to LnC trading will have its own market determined exchange rate.
Just a suggestion.