Incidentally, if Gapcoin ever achieved ASIC' level. The Coin supply would RAPIDLY RISE with the difficulty Rise.
From the website and announcement
* Block reward proportional to the current difficulty
* Block reward halving every 420000 (about 2 years)
* Cap: about 10 - 30 million GAP
* Difficulty adjusts every block and increases logarithmically (it will probably take years to get to 50)
Fair launch:
* Gapcoin was not designed to enrich the early adopters or the coin creators! Unlike Primecoin, the more people mine Gapcoin, the more coins per block will be produced. (Coin supply will increase logarithmically with the difficulty, this means it will grow in the beginning, but later, it won't change much.)
Now there are ~ 16 million.
It isnt clear to me exactly how production increases. j0nn9 was doing what all devs, including Satoshi Nakamoto did. He was pretending the coin was not issued to favor early adopters. Of course any coin whose reward halves in less than a very long time is designed to favor early adopters. Once a coin has bag holders those people can be trusted to promote the coin because they will make extra money. A serious currency for longterm use of course would not cut its issuance rate within a few years. No problems with that, the current economy is about making money and using cleverness to make more than other people.
Regardless, even though prime numbers and gaps might have practical uses, the main appeal to people who work on a coin like this should be that prime numbers are interesting. They create a new landscape or numberscape that is different from integers. Its like the difference between walking one foot step by step or jumping a random distance each time you step.
Ive given my opinion on how coins like this will develop eventually, and recommend defanging those devs who stifle outside opinions, including complaining to mods about posts they disagree with. The simple fact that moderators are willing to delete posts by a new profile based on a complaint from an older profile makes this a difficult place to discuss anything.
But the fact that the core crew complains about the opinions of new profiles which do not defer to them makes it a very unworkable environment.
Good luck with developing it, and I hope the price gets pushed up, etc.