How are the other 96% of coins going to be distributed?
Just read tech specs - your wallet is started, CPU, HDD & channel used - you get profit. It's kind of mining, but here is something usable in mining process, not just heat, noise and sha-256 )))
I read it, I am just trying to make sense of it. So, for what I would compare to seeding a bittorrent file your rewarded coins, these rewards are spread out over 50 years , and everyone with the open client has the same chance at getting coins.
Not the same chance - more space shared and faster channel - more profit. Profit spread out between all hosts by proportion of whole network space and channel speed and CPU resources to YOUR space, channel and CPU.