Why is it a fail? Do you really want whales to gain mass amount of coins in the first 20minutes of launch? Which will cause price manipulation.. 350blocks reduced rewards is good, it gives people time to download the wallet setup, pool owners to also setup and then everyone can begin mining. 300 or so blocks will not take long to mine.. minutes. Stop moaning, if you dont like it dont mine it. Simple as that.

@Dev goodluck with launch!