Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: robmob on September 26, 2014, 02:32:42 AM



Title: Looking to start our own currency soon for our community but have questions?
Post by: robmob on September 26, 2014, 02:32:42 AM
Hello I was thinking about starting our own coin up soon to be used through out the crypto currency community I run. I have a good idea of what I want but I have a few questions about 1 or two things.

First thing is I was looking for my coin to be a script coin and I was wondering to make things fair for all miners  if there was a way to cap each person so they can only mine with up to 20MH to make things fair for the people who do not own mining farms?

When I know I am ready to start development should I post my topic in the announcement section right away to secure the name of the coin and let people know it is in development and what everyone can expect or should I wait until it is close to being released?

any suggestions or tips will be appreciated I plan on making something unique as I take pride and always put allot of hard work into anything I develop. Thanks


Title: Re: Looking to start our own currency soon for our community but have questions?
Post by: majeis on September 26, 2014, 02:48:28 AM
Hello I was thinking about starting our own coin up soon to be used through out the crypto currency community I run. I have a good idea of what I want but I have a few questions about 1 or two things.

Good start so far.

First thing is I was looking for my coin to be a script coin and I was wondering to make things fair for all miners  if there was a way to cap each person so they can only mine with up to 20MH to make things fair for the people who do not own mining farms?

People will cap themselves at 19.5 and use proxies. The winners will be the cheaters.

When I know I am ready to start development should I post my topic in the announcement section right away to secure the name of the coin and let people know it is in development and what everyone can expect or should I wait until it is close to being released?

Just do it now instead of having a Q&A thread. The ann thread will be that and your primary marketing vehicle at the same time. Just call it PRE-ANN and rename it later. No one will care.

any suggestions or tips will be appreciated I plan on making something unique as I take pride and always put allot of hard work into anything I develop. Thanks

Lock this thread before people start bashing you for no reason.

Make the coin under a new account name unless you want to be directly linked to it forever through your current account name.

Being unique is irrelevant. It's about how many people you can successfully market this to.


Title: Re: Looking to start our own currency soon for our community but have questions?
Post by: robmob on September 26, 2014, 02:52:39 AM
Hello I was thinking about starting our own coin up soon to be used through out the crypto currency community I run. I have a good idea of what I want but I have a few questions about 1 or two things.

Good start so far.

First thing is I was looking for my coin to be a script coin and I was wondering to make things fair for all miners  if there was a way to cap each person so they can only mine with up to 20MH to make things fair for the people who do not own mining farms?

People will cap themselves at 19.5 and use proxies. The winners will be the cheaters.

When I know I am ready to start development should I post my topic in the announcement section right away to secure the name of the coin and let people know it is in development and what everyone can expect or should I wait until it is close to being released?

Just do it now instead of having a Q&A thread. The ann thread will be that and your primary marketing vehicle at the same time. Just call it PRE-ANN and rename it later. No one will care.

any suggestions or tips will be appreciated I plan on making something unique as I take pride and always put allot of hard work into anything I develop. Thanks

Lock this thread before people start bashing you for no reason.

Make the coin under a new account name unless you want to be directly linked to it forever through your current account name.

Being unique is irrelevant. It's about how many people you can successfully market this to.

Thanks for taking the time to answer my questions I appreciate it.