I just design the PoW. It's up to other people to launch new coins that use it:-)
They should go with a relatively long block interval though (10min), so they can increase the
memory requirement to 4GB or more (where running a single instance takes over a minute).
I'm also a proponent of fixed rewards, since the rate of lost coins is a probably a few percent,
so even a fixed reward coin can't remain inflationary for long.
Translated: Here's the results of what my employer, RenTec, allows me to do on my spare time - created a new algo for the crypto space and give it to them for free so that they can use my new algo in creating new coins where ... wait for it ... my employer with their super-duper signal machine thingy will trade said coins once they hit the exchanges that they may or may not control themselves. BRB, for I got to go and check how my Medallion Fund is doing. Back, as in Adam. It's doing swell. Thanks for asking.
WTF dude, you got any proof of this? If these guys were for real you think they'd let Dr. Wright and the Chinese miners take over and destroy their plans? I call BS. Their yearly bonus alone could sink the Chinese miners yet I see no opposition.
I think this is Bitcoin Core propaganda preparing to hire these guys are a credible plausible replacement/stand-in for Satoshi in an attempt to shut down Dr. Wright.
At least leave Mercer out of it; I don't like hunting down like minded spirits.