The idea behind Faircoin is the desire to establish a universal coin community (like Auroracoin in Iceland) for this purpose we have developed a distribution system that people can not take advantage of the Distribution process adversely.
the Distribution process is a
transparent process,
fair and
fast.
For more information:
http://fair-coin.info/ # about
What's keeping me or anyone (or you) from creating 20,000 addresses on my wallet and adding all of them to get 50% of the currency?
And even if you have a way of knowing it came from the same wallet - what's keeping me from just opening 20,000 wallets (or as many as i can do from the second the wallet is released? - because that's what everyone will try and do)
And how is this distribution fair? for all we know you will create 30,000 wallets before releasing the wallet and add them little by little to the site and get most of the currency....