I see some decision's been made in case of premine. BigRidg7 don't worry about that. To many scams with IPOs but I felt obligated to iCoin and for the first time I fall for this IPO because of you (not anonymous and very dedicated with good motivation person) and I know you are no longer a part of the team. We can roll-over IPO it is not to late. I think that captainhook will send everything back and then we can use escrow. Lets do it when website, links etc will be working. iCoin is well distributed since many people have been mining this for many weeks, including me, and it was on exchanges. C'mon people don't give up, iCoin still can be huge.

Talking about plan I would like to add something. IMHO algo doesn't have to be changed but I would suggest decrease total coins heavily, block time to 2,5 minutes and do something what is quite fancy now, PoS. Set the distribution stage at something about 4-6 weeks for everybody to catch up. Announce these changes few days before they go live. It will give iCoin awareness. I know that implementation of PoS into a live coin is risky. Shouldn't we take that risk?! We will be checking everything on testnet before go live so maybe it is not that risky as it seems to be.

Suggestions:

Block height - 25 000
Block reward - 5000, maybe some halving along the way
Total coins - 125 mln iCoin
Block time - 2,5 minutes
Difficulty retarget: every block or DGW from darkcoin
Distribution stage - 43 days

stake time, maturity, nominal stake interest to be set. I don't know what could be the best.


But if iCoin dev would change algo to something like X11...with PoS and the name it will be HUGE.