Just to clarify, as per the subject heading, the name of this coin continues to be "SafeCoin", the same as it has since January 2014 on first announcement.
I believe this is very clear in the subject. I do not believe that it can be more clear.
It started as "SafeCoin". It will continue to be called SafeCoin. And if another 5 projects also decide to call themselves SafeCoin, this will Still be called SafeCoin.
And that is just how it is. I realize some people will have invested in other projects that copied the name. I can appreciate the concern, but the name is not changing.
That seems a bit immature; to stifle the adoption of your project because you don't want to change a simple name.
From a business perspective this is quite limiting.
5. Pump and Dump Protection:
Wallet Addresses which show a 50% or greater loss of coins (ie., a dump) will experience a greater difficulty level when mining.
Wallet Addresses which show an accumulation of coins (good for the community) will experience a lesser difficulty level.
I am still WORKING on a contract implementation which allows users to lock their coins in long term (and possibly convert to leaps). If implemented on launch, this will also strongly decrease mining difficulty.
How will these calculations be made? Once per day? per block? Couldn't I just reduce my wallet size (withdraw) 49% of my coins per day until most of them are gone (4 days).
Will these adjustments happen client-side?
Is this to be a closed source project then?