Hi, I like the look/idea of this coin. Glad to see a decent option leveraging a non scrypt algo. Kudos for that.
Our focus at this point is on a fair launch - we're sick of failed launches, premines and instamines. We expect to release password protected binaries before launch, with the password and source code release at launch.
Generally there is a lot of skepticism around how a Dev chooses to "premine" a coin. Many methods involve a seemingly fair launch, but still allow some sort of advantage for a select group. In your approach the advantage is to whom ever is ready to solo mine, and can copy/paste the wallet password quickly, as well as anyone with prior wallet access (The Dev/Dev Team).
I see a mostly fair launch poised here, but one additional thing that can be done to prevent ANY sort of instamine, is by making a period of "micro reward" blocks. A few coins have done this and it is regarded highly. Even the instaminers get very little advantage, and gives pools time to stabilize. Some thing on order of 90 blocks, or 1.5 hours at 0.00000069. and then block 91 could catch the chain back up to your target block reward per day. This doubles as incentive to mine, as it is a lucky winner block, with plenty of chance to be in the running.
Question: Any reason you chose to not include something like this?
365Coin takes a step away from the high count, low value altcoins we've seen so much of recently in an attempt to restore some sanity to the market.
42 is the most recent 'success' of a 'micro' coin, with a few spinoffs since (21coin, 66coin, 1coin, etc)
Question: Other than using Keccak, why do you feel 365coin is a superior option to these already in the market?
Thank you for your time. I plan on mining this coin. Good luck with the launch!
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