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I just created a cryptocurrency called denaro. I used Python and PostgreSQL. It's a fully working crypto written by 0, it does not operate on any external blockchain like ethereum, it does have his blockchain. It started like "let's see if i can really make it", and it ended that i did it. It can theoretically confirm up to 5 transactions per second, with a maximum block size of 2mb. You can find it on github: https://github.com/denaro-coin/denaro. If you wanna contribute, you're welcome. I also created a telegram bot wallet (@DenaroCoinBot), so feel free to pm me on @gaetano555 and i'll send you some.

What is its mining algorithm? Or block revenue allocated based on the duration of the running node?

It's sha256, similar to bitcoin but there are a couple differences, you can find them in README. You can start mining with the miner.py file

any guide on how to set that correctly
# install postgresql
createdb denaro
psql -d denaro
## paste content of schema.sql
???

Sounds like you completed a nice home project. If you are capable of writing this your own, you'll land on a good paying job in no time. Blockchain devs are very in demand lately.  Your other option is, you can develop this project of yours further and create a unique altcoin which offers something that the other coins don't and you may end up with a multi billion worth of a blockchain. A silly project like Litecoin started like this and now it is one of the major alts.

It's not much complex actually, but it works. I think I'll work on this to implement some new features and maybe it will be a successful coin, or maybe not. I appreciate contributions. Anyone who needs help installing this can pm me on telegram at t.me/gaetano555

Awesome! I really like this kind of project, it really brings me back to the early days of this message board. The greatest innovations in DLT didn't happen because billions are spent on R&D, they happened when this was a hacker's community.

I think a couple of simple deployment methods would be beneficial for some other tinkerers to play with your project. Maybe start a discord community for those who'd like to help out? I'd join.

Great, I am learning Python, this project is good, continue to pay attention.   :)

Yeah you're right, at the moment you have to create postgres database manually. Maybe docker would be simpler to use. There is a telegram group and channel at https://t.me/denarocoin if you wanna join, I use more telegram than discord. Thank your for your appreciation, advices and contributions are always welcome.

It is easier to organize Discord with channels and other stuff. Like testnet channel, mining..../hidden channels-rank only channels like ANN/ranks and all etc.. Telegram is like a big sea of msges, it cant be organized in such a way. Discord is more suitable for the tech interested community. As in its early phase, I strongly advise a Discord Server and certain servers link their telegram with it through a bot (it sends msges to Tele and from Tele to Discord). Yea and write a medium article guide pls.  ;)

Btw there was a project with similar name:

https://bitcointalk.org/index.php?topic=2833302.0 (https://bitcointalk.org/index.php?topic=2833302.0)

So maybe its not the best name...

Yeah you're right, i will, thank you. For now you can join telegram channel and group in order to get updated about development.

Uh I didn't know it. That was a scam project but I can't change crypto name as it has been already released.

You have to set environmental variables for database access:

    DENARO_DATABASE_USER, default to denaro.
    DENARO_DATABASE_PASSWORD, default to an empty string.
    DENARO_DATABASE_NAME, default to denaro.
    DENARO_DATABASE_HOST, default to 127.0.0.1.

How to do it ? Please explain in details, step by step. What file should I modified etc.

You can set them inline in the command like: .
Join the telegram group for more dedicated help: https://t.me/denarogroup

Discord?

There is no discord server yet

Sounds interesting!

Since python is the only programming language I know this might be interesting. But I feel like there's many reasons other crypto purposely didn't use this language!

Crypto is an unlimited untapped venture

Some of the new innovations in crypto will seem like a joke many years ago

I think he should go on and find whatever is the reason behind the non usage by himself

Python is used by other new cryptos(STLX) as well. Its more about the amount of developers behind a crypto and the language in which they forte.

P.S. I think miner should be in C++ (fast, good interfacing with OPENCL and CUDA for gpu mining). I am yet to dive into any blockchain code, but I believe most of ETH codebase is in go language which provides a lot of concurrency/multithreading/etc support(I am weak in go).

There is a GPU miner: https://github.com/witer33/denarocudaminer.

I chose Python cause Go was too hard to learn for a working blockchain. Python may seem unsuitable but it is and the blockchain is working, even if with some problems. I won't get tired of saying that contributions are welcome

phyton is the great opportunity in Built in Crypto project Run. Crypto base in blockchain Crypto project Defi Web Built

Won't this be vulnerable to a 51% attack? Bitcoin is using 256, and if even a single miner decides to mine your chain, they'd have the hash power.

Yes at this time this is vulnerable

Really nice progress made by the dev here.
We can now trade this coin as a wrapped token on the binance chain.
I will follow this project, looks like a good project with great Dev and the support from the community dev for miners.

This project is interesting.

Lot of garbage is out there claiming all sorts of promises, Denaro seems to be straight to the point - independent blockchain with constant development happening.

And coding it in Python was a smart move imo. It's a language that is open to anyone in the world and this can lead to anyone in the world contributing code to Denaro.

Definitely will keep an eye on this one.

Thank you guys

This reminds me of early crypto.

You put the code out there and make zero promises and ask people to give it a try.

SO refreshing!!  ;D

Thank you so much. If you paste your addresses here i can give you a tip. You can use nodeless wallet at https://github.com/denaro-coin/denaro/tree/main/denaro/wallet

This 100!

This is one of those projects that is focusing on making crypto more accessible.

It's coded in Python, which almost anyone can pick up and learn to code.

There is constant work from the dev also and other people from telegram, gives more trust that this coin will continue to push forward.

I have been always looking for a project like this. A blockchain that's built out of a programming language that's widely used and reasonable total supply. Are you satoshi by any chance?  ;D

I'd like to.

Anyway there have been many improvements in the blockchain. There are two explorers: https://explorer.denaro.is/ and https://explorer2.denaro.is/.

I also developed a kind of VM on top of Denaro Blockchain, similar to the EVM: https://github.com/denaro-coin/dvm.
It uses transactions messages to call vm smart contracts, and the main difference with the EVM is that it's not built directly into the blockchain itself.
It's like another layer that uses the base chain to receive messages. This method could be used to implement smart contracts even on the Bitcoin blockchain.
Smart contracts are written in Python too and I think this is a pretty innovative thing (or at least never seen before?), and they get executed in a limited environment using RestrictedPython.

I also recently developed a mining pool. We really needed that as chain became controlled by a few miners. It isn't on GitHub yet because it's still in a development phase, but you can find the python miner at https://t.me/DenaroGroup/20420. Now we need an open source gpu miner so that it can be adapted for the pool. For everyone who wanna try developing it, there already is https://github.com/witer33/denarocudaminer but it needs some improvements

This project should have more attention.

The dev has been working and updating his project consistently.

This is a project to watch out for in 2023-2024.

The entry point is still very cheap for its future potential.

It just needs a better wallet, some more miners, and nodes. But it's off to a really good start

 8)

How to buy denaro ?

Hello,

You can buy it from pancakeswap.
Please join telegram for more details.

t.me/DenaroGroup

Denaro mining bonus for CPU miners:

https://twitter.com/Denarocoin/status/1567893626163707904 (https://twitter.com/Denarocoin/status/1567893626163707904)

https://i.ibb.co/Hg3J7XT/image.jpg

New miner available:

https://github.com/geiccobs/denaro-cuda-miner (https://github.com/geiccobs/denaro-cuda-miner)

https://i.ibb.co/2WNsJmr/denaro.jpg

Nice work. Like the old days when dev was working on bits. Is your worth 2 pizza yet if yes send us same