Alright.  Sorry if keep posting demanding lists and goals.  We need to decide on a new wallet quickly because the old wallet is so seriously broken.

I don't see any reason not to do merge mining.  If six months or a year from now we want to change it, then that is fine.  I put the word "flexible" in the OP for this exact reason.  Updated list below...
 
42 Million coins (I don't think this should ever change)
20 TRC per block
Merge mining

These are areas up for immediate discussion which hopefully we can agree on in a week.  I want to have a clear path for the developer(s) in a week.

1. Different algorithm?  Hanzac mention a couple of interesting options.  (KimotoGravityWell and DarkGravityWave).  Stick with SHA-256? Yes/Now?
2. Difficulty recalculation at 540 blocks.  Up/Down?  (I have conflicting info on this either 540 or 2160)  Can we even change this with SHA-256? (This also depends on how you answer 1)
3. Reward halving at 1050000 blocks.  Up/Down?
4. Blocks generated every 2 minutes?  Up/Down?

The discussion is open!  Let's knock out 1-4 in the next three or four days.

Updated info:

Donate DOT to this address to get TRC on Cryptopia - 1N5qY9gqYSeoPwTcdm2zcRZebdMMTyBZrx - We are at 55615.  We will be straight up just buying our way onto Cryptopia when we have 5 million DOT.

Add the TRC Foundation on Twitter: @terracoin_trc (yes, that is the best name I could get)