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Other => Beginners & Help => Topic started by: ironfeast on September 07, 2018, 11:24:13 AM



Title: POW to Hybrid conversion
Post by: ironfeast on September 07, 2018, 11:24:13 AM
Hi there, I am a student and a cryptocurrency enthusiast. I few months back I watched a video series on youtube who taught how to create your altcoin. The series was based on litecoin and hence uses POW. I used it for my major project and my interest grew. I then studied further to make X11 and X13 coins. Though the process was very simple, I learned many things in the process. Now I am seeing POS as a buzz, can anybody suggest how can I convert my existing altcoin to POS+POW. Help Appreciated.


Title: Re: POW to Hybrid conversion
Post by: Anycoin Direct Support on September 07, 2018, 01:01:32 PM
Hello ironfeast,

Great to hear that you are interested in creating your own cryptocurrency. Since you are already creating your own Proof of Work coin, we suggest the following guide:

https://naivecoinstake.learn.uno/

We believe that chapter 2 of this guide might be a good place to start your research.

If you have any further questions, feel free to send us a DM.

With kind regards,
The Anycoin Direct team


Title: Re: POW to Hybrid conversion
Post by: jseverson on September 08, 2018, 05:45:27 AM
I don't know exactly how to convert to a hybrid consensus mechanism, but maybe looking at a coin that employs it will help? I found this:

https://medium.com/@media_30378/the-advantages-of-the-hybrid-pow-pos-consensus-mechanism-4e9ea4074ac0

...which is an open source project whose Github repo can be found here:

https://github.com/HcashOrg

Hope that helps!


Title: Re: POW to Hybrid conversion
Post by: bitmover on September 08, 2018, 01:20:20 PM
Ethereum casper will be an hybrid pow pos

Take a look at their official GitHub faq

https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ

Very interesting solutions