Bitcoin Forum

I'm starting a coin. I want this to be what the community wants, as a result I am asking for opinions.

If you need help regarding the development we'd be willing to help. Send me a message / email if you need me.

(Or more directly, join us on IRC #coindev.io @freenode)

- The CoinDev.io Team

Thank you for your willingness to help. We will need all the help we can get and would appreciate you joining the team. Please PM me what you could offer the coin and post any suggestions

We could help you develop your currency, we support most algorithms out there and will work with you to get what you want. As we are just starting out we will charge you zero fees for development and actively support you. We can also host nodes and pools when you wish to launch.

- The CoinDev.io Team

For a coin to interest me, it'd have to offer some functionality over existing coins. Memes, names, logos are really meaningless. As for a premine, how about try no premine at all?

Functionality would either be in the code or how the coin is used or mined.

A random example -- someone just released a movie coin, and the whole selling point is it will be used for movie related projects. And that is complete nonsense. Any coin would work for such a purpose.

If instead they released it, said it was POS, and rewards were actual online movie rentals through a well known company (vudo, mgo, anyone who won't go out of business next month)... then it'd be unique and interesting and actually serve some purpose.

Huntercoin is another example of something unique. If a coin had a better game for mining, it could do very decently. Chesscoin would be nice and something I expect a lot of people would find interesting.

If you plan to just make a clone coin, using an automated coin maker thingy... there is no way to make it something that the community would actually want.

So I see you recommend an innovative coin incorporating POS that has long term functionality. About the premine however, how could the coin be marketed with no funds?

Just my take on the matter - from what I've seen there is a point of diminishing terms regarding premines.... too little and it has no effect, too much and people will avoid it.

General rule is to stick with around the amount of coins that will be generated within the first day.

- The CoinDev.io Team

I have a suggestion.

Don't do it.

get nxt,you get world

Still open to suggestions

post your programming experience and I'll give you suggestions.

::crickets::

2 years of VB
2 years of SAS
Beginner in CS

I'm willing to learn from whoever wants to teach

I would invest more time in your studies before making a new coin.  I have 15 years of application development experience, I'm a master application architect at a financial firm with a background at C, C++, Java, C#, Ruby, Fortran, COBOL, Assembly, etc.  You need to really understand what you are developing before you design a new cryptocurrency that is innovative and has utility.  Otherwise you will just create another nameless coin that will probably end up dead. 

You have better opportunities developing applications for existing currencies that trying your hand at yet another coin.

If, I could make a coin I would make it

-asic resistant
-scrypt jane
-proof of stake coin
-6 month proof of work window
block rewards
1,000,000 0-2 weeks
500,000 4 weeks
250,000 6 weeks
125,000 8 weeks
62500 10 weeks
31250 12 weeks
15125 14 weeks
7500 16 weeks
3750 18 weeks
1875 20 weeks
937 22 weeks
468 24 weeks

(block rewards remain at 468 per block thereafter)
 Once POS period starts:   5% per month (60% return per year)
1% tiny premine amount to give away to users on facebook (in order to spread the word and decentralize it.) with rest used to dev, and marketing.
30 second blocks

Coin name: Sharecoin (shares)  ;D

That sounds pretty great with a couple tweaks and good marketing it could go somewhere. It's worth considering

 2 years means he took a class last year and read a book this year.

move on op, don't create another shitcoin, you have nothing to offer at this point.

No two years means I took formal classes. Beginner means I'm reading up on it. Please be polite and don't make assumptions if you obviously don't know much

Definately, with a good dev, good marketer, good team, could be. Also a decent wallet without bugs!

I really like this idea of a coin. If I can get a team and a coin together, wasamata may be in for a nice reward in cryptos :P

Its just another disinflationary coin with a fixed money supply like DOGE started as and IFC is.  There is nothing innovative about it.  All that is left is brand and that amounts to nothing.

Since when are DOGE and IFC ASIC resistant...?
There is no fixed money supply mentioned either, since POW remains a small amount and POS is constant.

I was also hoping, if you can, to make a wallet with a built in exchange, similar to ripple client, but better.
That links to Cryptsy or what ever exchange you like.
So all transactions are done in one.

I think people would be happy with a return of 5% per month, as compared with the usual 1%.
Investors would be on it like a rash.