No updates on launch day? Dead coin before it even started?
There will be only
0.01 coin rewards for the first 10,000 blocks. This is to prevent dumping for the first weeks on launch. It's also designed to protect stakeholders and their investment.
Way way to much blocks with no reward. Yes you want to prevent it from being dumped and protect your investors. But for a coin to succeed you need the little people. (the miners) No miners, no coin You want the miners to
invest in your coin and give you all of their combined hashing power. yet you only think about returning
BTC to your stakeholders.
Im not saying blocks shouldn't be less in the beginning. just saying that 10k blocks is way to much.
i´ll wait until 10k block, if the difficult its huge then switch another coin, if low then i´ll mine.