Difficulty is going to skyrocket really quickly, won't that push out small miners, and favor the bigger miners? What's the max diff adjustment for this coin? 400%?
I'm sorry that they suckered you into doing this coin, with nothing for yourself to build it with. Unless you pay out of your own pocket, it will be days before someone sets a pool up for it, if anyone does one at all. You need a pre mine, you need coins, to pay people to set services up quickly. With such a rapidly increasing difficulty, it is paramount that you get a pool set up, ASAP, or it will fizzle and die.
Since when is a clonecoin something that needs to be built up by the developer? If it does take off in popularity, the lack of pre-mine isn't an issue because it's popular. If it doesn't take off in popularity, then he can mine legitimately and pay people with his monopoly money to advertise his coin if he wants.
+1
If the coin is as good as advertised, there will be a race to set up a pool as the first pool gets all the hashes and will rake in the fees. No bounty needed in this case. Popular coin will get community support, a la DGC (zero premine) and all bounties come from dev pockets and community donations.
-tb-
I love DGC, and it was a noble thing you did, paying all that out of your own pocket. But, it shouldn't have to come out of your own pocket. A Dev fund should be premined. Use it all for development and promotion, if you wish. People say, oh, they should just mine it like everyone else. But what they don't understand, is everything they mine, goes towards their own personal gain, while a coin, with no premine, the dev has to invest everything they mine, back into the coin, to make it successful, and, they have to pay their power bill, out of their own pocket. At the very least, Dev fund should be premined, and any coins the dev mines, should rightful be his, to hold or profit from, or what ever, just like everyone else who is mining it. Any one who disagrees, well, I don't really cate.
