MANIFESTOComrades, GPU rig and ASIC rig miners, exchange and pool operators,
men and women workers, men and women collective altcoin traders,
intellectuals, on behalf of Glorious State and our Red Party I
greet you and introduce you the great new RedKoin!
Comrades, today we must celebrate, RedKoin can deliver us from this
difficult situation we are in. The silly Capitalists of West with
their "Proof at Work" coins have met ruin at hands of rampant
inflation. The oversaturation of altcoins has culminated in
tremendous failure and the hashing war that has been forced upon
us has created a threat to our computer hardware. Many of us have
lost good computers as result of these inefficient algorithms.
There was a time when our digital economy was in a still more difficult
position. Recall the year 2011, when Forbes predicted the end of Bitcoin
after a sharp drop in price. At that time the price had dropped from $17
to pennies at the hands of a large dump. It took very long time to recover,
and most thought it never would. We had no allies, we had no RedKoin-we
had only just begun to create it-and we experienced a shortage of AMD GPUs.
Today our Glorious State is in a far better position than it was 3 years ago.
Today marks the the beginning of the era of the RedKoin. Today we can rise
above the faulty system in set in place by The West if we join together.
Let the victorious banner of the great RedKoin fly over your heads!
Utter destruction to Proof of Work mining!
Death to the altcoin armies of Capitalism!
Long live our glorious motherland, her freedom and her independence!
Under the banner of RedKoin-onward to victory!
___________________________________________
RedKoin is planned to be a 100% proof of stake coin, except for the premine.
The premine will be transparently distributed and monitored using an official faucet and block explorer.
The public address of the faucet's wallet will be publicly available on launch.
The faucet will follow a exponential decay model, paying out highly at launch and then tapering off quickly within a week.
The exact amount of the premine is still up for debate. The initial planned amount was to be 50% but we decided that it was best left up to the community.
If you want to vote on the size of the premine, go here: http://strawpoll.me/1831041 
