Thank you for the polite inquiry.

This is not the case in this holistic design detailed in the whitepapers. We believe 0% fees also fixes some potential problems with Bitcoin. I've urged in the OP that we not debate the merits in this thread, because we are not revealing the technical details today. First we want to make sure we can reach consensus on a name.


The community development will be paid with the coin. This is will be approximately 1% of all coin that will be mined in the first decade. We the initial developers will not receive conspicuous or onymous coin for our efforts and capital investment, instead we prefer to anonymously mine the coin. We the initial developers may compete for some of the community development work, however our preference is for as many people in the community as possible to be involved and rewarded. Inclusiveness maximizes adoption and promotion.

Please withhold further inquiries and clarifications on the design and policy decisions. All further posts in this thread must strictly be on the name. Please do not take it personally.