Obligatory "hey what about Devcoin, it's an awesome altchain" comment.
Also, every time someone defends Bitbar by declaring it didn't premine, I die of laughter. Kills me every time.
hehe devcoin, where 80% of mined coins go to the devs to support them adding new features.
has this actually worked, did the devs do any serious innovations on top of the bitcoin protocol ?
Thanks OP for the tips...but I'm curious about your thoughts on FRC?
Im not familiar enough with it to comment honestly.
5% coin decay PA doesn't seem like a way to encourage adoption, BUT it is someone new so it should live or die depending on the ideas merits. Solidcoin did something similar but gave the taxed coins back to the creator, I think sending to the miners is a better option.
I can see big vendors being reluctant to adopt it, they are already taxed by their government, I dont think anyone would volunteer for another tax.
note: updated the conditions to also include Open Source - something that should have been obvious but we have coins like XRP.