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I don't want to necessarily do this, but what prevents this scenario from being possible? [just timestamps and a difficulty modifier alone? - if that's the case then why can't I modify the client to be set at a much higher difficulty to mine stuff in anticipation of a harder target as opposed to simply using network difficulty?]: How come I cannot make a modified version of Bitcoin QT and all historical transactional data re-utilized to mine all past stale blocks and simply premine all remaining bitcoin without difficulty?
Additionally, Bitcoin-QT has checkpoints at various block positions, and I believe some other clients do as well. So you couldn't try to get new users either. – Zach Mertes – 2014-04-02T16:03:50.927