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Title: coingen Post by: philcoit on January 06, 2014, 10:20:57 AM Hey guys, has anyone used coingen.io to create a new coin?
If so, did you get your client? Title: Re: coingen Post by: CodingSerivce on January 06, 2014, 03:16:32 PM I made on http://cloudcrypter.net is cheaper ..
Title: Re: coingen Post by: LiquidNitrogen on January 06, 2014, 04:17:32 PM need to add proof of stake option
as well as options for other algos like quark algo and prime algo Title: Re: coingen Post by: Gharabed on January 06, 2014, 04:26:59 PM we don't need more coins, this afects directly to the price of existing ones.
Title: Re: coingen Post by: poolerMF on January 06, 2014, 05:58:13 PM did they really make you coin ?? (wallet for win/unix/max) and wallet service
Title: Re: coingen Post by: ManDrone on January 06, 2014, 06:25:58 PM The interesting thing about CoinGen is that it will show how easy and hard it is to create a new coin. There's more to a coin than a name and a qt client - something that a lot of folks don't seem to realize. All the crap coins that are generated will go nowhere except for the few run by competent devs and even those will need a community that cares - this gets people talking about it and mining. Next is ways to promote exposure to give the coin value - it will die if its only purpose is to trade for other coins. Services must be built that make the coin useful. Note that Bitcoin got to a certain place because of the *potential* and disruptive nature of cryptocurrency but now that there are services that accept it at a means of trade and ways to easily convert it to cash etc. it is more stable in price and considered valuable.
The coin generation is a technical issue, solved in some ways by this service. Cryptocurrencies, however, are more than this initial robotic task. It will be interesting to see where this goes. I'm guessing it will quickly kill off a majority of cryptos with no purpose by flooding the market. Caveat Emptor... Title: Re: coingen Post by: bish5555 on January 06, 2014, 06:55:11 PM what is to stop someone making another coin called, wait for it... 'bitcoin'?
Title: Re: coingen Post by: Dimoza on January 06, 2014, 08:02:32 PM I think it's a great idea that anybody can create own cryptocurrency and take an equaly part in common market.
Title: Re: coingen Post by: philcoit on January 08, 2014, 07:32:06 PM It's pretty much useless, the client does not have, or have any option to add a seed node.
So anyone that downloads a wallet from coingen will not have any peers. Title: Re: coingen Post by: joshbb on January 25, 2014, 08:35:50 AM I made on http://cloudcrypter.net is cheaper .. Warning: SCAM. This is the guy who made cloudcrypter, and it is just a scrape of coingen.io except you get nothing, and he keeps your bitcoins. I learned the hard way. Coingen.io works though! |