Bitcoin Forum

Now, I've seen how you guys feel about new coins popping up...

I'm building one just for the hell of it, kind of a personal interest in understanding cryptocurrencies a little better. Never done this before, but I have some basic knowledge of the C programming languages.

 I'm calling it PiCoin (PCN) and following the lead of Doubloons (DBL) by creating a coin that isn't intended to make a shitload of money.

I've got my LTC clone just about done, but I can't get the damned thing built to test it. It keeps throwing the same error message and I haven't the foggiest clue what to do about it.

Anyone wanna throw a newb a little advice?

nevermind.... figured it out on my own

PiCoin (PCN)
π

Totally pointless crypto-homage to the circle.

Block target of 3.14 minutes
Block payout of π3.14159265359
Coin Maximum 314,159,265
Difficulty adjusts daily
120 confirms

I have a working wallet, but no rigs to test it outside my LAN. Anyone want to come play beta tester?

I only have a working linux build so anyone with windows is going to have to build it.

Source code at https://github.com/bongzilla/PiCoin.git (https://github.com/bongzilla/PiCoin.git)

I have to update some packages on my ubuntu machine, but I'll give it a try when that is finished.

thanks

Forgive an obvious linux noob, but how would I go about running this?

Why do you want to make a new coin? Please don't :(

Please don't post without reading OP.

Why should I read more than the title if he cannot use the search bar and find a thread explaining step by step everything about creating a new coin?

What for a new coin? Better to focus on increasing value of existing ones. Well anyway if you succeed please don't premine your own coin, leave something for others!  :P

I just wanted to see what makes these thing tick, so I made a clone. Effectively did it for giggles and now I want to see if it works outside my LAN

No premine... Got the genesis block mined and posted here with the source.

now we have more coins then the users hope your coin do some work ;D

the coin works. we have the 1st 2 blocks found. many thanks to vaio127.

feel free to download and start mining if you like

When will the new alt coins end?

At some point, isn't this really hurting cryptocoins as a whole?

I think its great to have bitcoin and litecoin... maybe one or two other specialized ones...not 100

picoin sounds cool

thank you

How do I mine me some pi coins, lol

you being serious?

Well if you lack understanding of code this happens. You could get advice or help from someone. Look at other coins source and so on.
I like the name.
Release it some day.  :)

i don't think people need to worry about the proliferation of cryptocurrencies. The vast majority will naturally disappear as the technology and industry evolve.  Bitcoin has the advantage of being the most well known at this early stage but it does have some problems and if a new coin can solve some of those problems in a compelling way it may gain value and acceptance. All the clones of existing coins are not really compelling and will disappear over time.

Intresting coin! I wish there was windows build also. If someone has done that, please upload it somewhere?

People spend too much time complaining about altcoins.
Do you complain that Pesos exist along with dollars?
Bitcoin may have been the most successful crypto so far, but that doesn't mean it's always going to be around, or be the best. One of these altcoins may execute way better than bitcoin ever could, and the masses may take that up instead.

I like the concept of a picoin. Pi is the shit!

I can't build it myself. I lack the copy of windows to do it. if someone else is up for it, go for it.

Where is the source?

Update:Nevermind.

no realy U dont need to make a new coin, market is fluded with coins.. comon

Yeap, in total agreement, unless your alt coin is extremely unique, please don't add on to the garbage.

can something just exist for the fun of it around here?

No. On Bitcointalk, learning and fun are discouraged. Here, you are to rigidly adhere to the Rules of Bitcoin. Rule #1: don't touch or look at the code. Rule #2: don't try to understand the code. Rule #3: when in doubt, tune it out.

lol

No. Nothing is fun, and fun is nothing.

How did you go about making your own coin? Links please?

We have too many coins as it is.

just curious.... who's actually mining this?

Mining bitcoin?
Only like a few hundred thousand people?

Where can you see how many miners are mining?

I don't think you can

Ask Satoshi. Oh wait. You can't.

Lol, good one.

Just finished an update to the source. Added a checkpoint and update the GUI a little.

It's available on github.

Working on some further updates, so stay tuned (if you're interested).