- Fixed transactions fees instead of unknown variable fees in BTC
I don't see these fees documented anywhere. What are the fees?
Because they are "fixed" in a point of time but they can also be changed, if that makes sense. It's currently fixed to 0.01 (which is less than the equiv in BTC). It's very useful to businesses to know the fee in advance, they can also query the JSON api to get it (sc_getfee) .
The site will be getting an update later today with some more information on this, I do agree with most people keeping fees as low as possible whilst still providing incentive to miners is essential.
- 3 minute blocks, 32 SolidCoins per block
- Concentration of Bitcoins into elitist early adopters that have no interest or desire to help Bitcoins be used by "normal" people
Actually, you have it backwards. SolidCoin is going to be very much concentrated into early adapters. Due to the cap on difficulty increases, block are flying out at a rate much faster than 3 minutes. Because of this, SolidCoin is spewing freshly minted coins to early adapters far faster than Bitcoin ever did. It took about a year to generate the first 1.5M Bitcoins. SolidCoins will reach that level in a matter of weeks.
The thing is Bitcoin paved the way for understanding about how this works. Thousands of individuals around the world now own SolidCoins and yet it's not even a week old. This is many times better than Bitcoin which was very concentrated into a few people. Not only this but going on the donations and comments people have been sending me many of these people are very much in the "I love these changes here is some donations to help it succeed" mindset. Whereas early BTC adopters are where? Leaving the source to rot full of bugs (I've fixed about 50 now) and not making it easy for businesses and users to join the network.