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Title: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: pinnpe on December 29, 2013, 07:50:28 PM Hi everybody has a cryptocurrency nowadays, so why don't I add another one?
I need your help to create it. Specs: Total Coins: 21,000,000 Block Times: 15 Seconds Confirmations Mined Blocks: 50 Transaction Conformations: 5 Transactionfee 0.10 PURE PROOF OF STAKE Title: Re: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: boomerjackson on December 29, 2013, 07:52:43 PM How would this be any different than one of the many alt coins on the market now?
Title: Re: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: pinnpe on December 29, 2013, 08:01:31 PM I will give it my personal touch
It would be the second crypto with PURE PROOF OF STAKE But there is more Title: Re: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: markm on December 29, 2013, 08:03:50 PM What pure proof of stake algorithm / procedure will you use?
Please link to the whitepaper detailing how it works. -MarkM- Title: Re: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: boomerjackson on December 29, 2013, 08:04:53 PM Hi everybody has a cryptocurrency nowadays, so why don't I add another one? I need your help to create it. Specs: Total Coins: 21,000,000 Block Times: 15 Seconds Confirmations Mined Blocks: 50 Transaction Conformations: 5 Transactionfee 0.10 PURE PROOF OF STAKE I will help with design/ marketing/ promotion if you can gather some more info and if this isn't just simply another pump and dump coin. Title: Re: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: bosian on December 29, 2013, 08:06:19 PM lol. Pure PoS, how to do initially distribute the coins? Only by premine?
You need to have some PoW blocks so people can mine them initially, then by holding the mined coins they will generate the PoS blocks. Without initial distribution, the PoS can not be generated from the thin air. Do you understand what proof of stake means? You need the stake 1st ;D Title: Re: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: TradeAnalyst on December 29, 2013, 08:07:16 PM I will give you a name for it
UnitedCreditCoin UCC why because with your new coin you will able to have some credit .... Regards Richard Title: Re: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: nocoin on December 29, 2013, 08:10:22 PM PURE PROOF OF STAKE I need your help to create it. Yea, sure...NO. Title: Re: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: pinnpe on December 29, 2013, 08:15:41 PM boomerjackson
This is not a pump and dump, this is for the long run Help with design will be fine. Title: Re: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: TradeAnalyst on December 29, 2013, 08:22:41 PM a long run coin ........... call it LongRunCoin LRC ! :D
Title: Re: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: zero9119 on December 29, 2013, 08:30:22 PM oh look, another pump and dump coin
Title: Re: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: pinnpe on December 29, 2013, 08:32:33 PM Thanks for the names TradeAnalyst
Title: Re: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: markm on December 29, 2013, 08:34:00 PM No one is going to be able to code your pure proof of stake if you refuse to explain how it works.
-MarkM- Title: Re: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: d0d0 on December 29, 2013, 08:36:01 PM No one is going to be able to code your pure proof of stake if you refuse to explain how it works. -MarkM- ;D +1 Title: Re: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: pinnpe on December 29, 2013, 08:42:59 PM Hi MarkM,
It would work like: http://www.nxtcrypto.org/ Title: Re: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: markm on December 29, 2013, 09:15:03 PM So you are looking to hire someone to clone NXT once NXT source code is released?
What is the 50 blocks thing about then? -MarkM- Title: Re: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: pinnpe on December 29, 2013, 10:10:18 PM No I don't want to clone NXT, because I get the strange feeling
that it's code is not as solid as Bitcoin's. I was thinking more about Novacoin but with transaction fees for miners 4 MB usage of memory like: Yacoin and a decentralized system Title: Re: HELP NEEDED TO CREATE AN CRYPTOCURRENCY Post by: markm on December 30, 2013, 06:34:23 AM Well whatever, once you get the details figured out put them in the whitepaper then coders etc will know what it is you want and be able to provide quotes on how much it is going to cost you to get it made for you.
-MarkM- |