Premine was 4mil coins, for giveaways to bring awareness.. You can check the block explorer for proof of such.
Yes it is scrypt.
4% is too much. consider making a public ledger, after you decide to decrease the premine. 2% is greedy let alone 4.
This is very true, 4% will make the coin fail.
Make it under .5% and MAYBE people wont laugh it off.
You be trollin with 4%.