lol, are you kidding us? 1st time at 19 GMT, after at 20, now at 21... Maybe you haven't already premined too much coins?

SHA256 these days? No, thank you!

I'm sorry, but that gives no explanation of what you intend to do with the pre-mine coins.
all that shows is that you are passive-aggresive in character; my questions remain, why should I trust you with 1% of this coin? What are you going to use it for?

not true, I invest in good solid, trustworthy coins and have a range of wallets on my computers.
You are feeding on those less knowledgable. I will be pleased to balance the conversation so that people know exactly what they are buying into.

a 1% premine is not a good thing, and you should explain what it will be used for, in detail.

Too much premine, 13 years for recovering the gap is an insanely high amount of time. Let's say that your coin isn't dump resistant

Sorry if I sounded like trolling, I didn't meant to offend you, usually it's not my style.
I'm curious to see the implementation of your vision.
Just wasn't clear how you can accomplish to goal of this coin. It sounds like you are trying to introduce another factor to limit the block rate which originally the difficulty re-targeting was designed for. The question is how you'll be able to decide which node will get less or more coins, if it's not based on hash rate. Each node can submit a limited number of block? In this case one can install hundreds of nodes load balancing a  big ASIC miner between them. It's true that it's harder but the network still can be exploited by powerful miners.

Nice joke.  
If you don't have difficulty re-target then how can you keep the block time on 7 Minutes? With difficulty 1 a fast ASIC miner will find all the block in no time and all depends on how fast it can push it to the wallet daemon and how fast it can push out to the network. Let's say this coin will have an exchange and will have some real value. Just imagine hundreds of nodes in the network pushing out blocks at a rate of 10-100/s. I think multiple forks will be inevitable at this rate.

Insta-mined garbage in search of bigger fools. A simple copy clone with ZERO innovation is NOT rare. Any other unoriginal coin EXACTLY like it with however many coins you wish can be created in a matter of hours by ANYONE including the 'dev' once he moves on to his next scam.

Again.. so how do you get 1% premine?

So are the transactions presumably?

So if there is 1% of premine.. will one block contain 0.93 of a coin? or will this be 7.07 coins

they would work; if the owner was to set up, a private pool.

you will find, that this may happen at your launch, you won't be able to avoid it, i'm afraid - and your coin will be forked before you can say 'confirmed block'. Anything that you can solo mine to a wallet, you can set up a pool for.

here's a hypothesis for you;

big garage full of 1TH/s dragon miners and a geek with far too much time on his hands; installs a private pool on DO and compiles the wallet on launch. 20 minutes later, he hooks up his 20 x 1TH/s dragons and plunders your 1seventoshi blocks until he has mined enough to give him a jolly good laugh. Then he switches to failover, for 5 mins, then pushes his rigs back onto your coin, via his private pool.

coin forks to his node;

this is called: The Point of No Return.

I hope that you really have got some protection for all the little miners who intend to be part of this because to me, as I see it, nothing is foolproof and specifying a 1seventoshi block reward, does nothing to stop the above scenario.

Interesting coin, time to dust off my jalapeno.
Can i ask you to provide a list of compatible solo asic miners?

so.... a totally pointless coin 

Interesting concept, however with the little info provided here, I don't see:
-how you plan to make it pool resistant (why wouldn't they be able to spread the reward?),
-what stops someone with a 1THs asic from mining this... I don't see why it wouldn't work in http...

disappointing. my miner doesn't like solo mining. not only are you limiting the number of coins, you are also limiting the number of miners able to mine this.
This needs a pool or two.