Bitcoin Forum

Hey there folks, not sure if this is the right thread so if it isn't please feel free to move it where it belongs thanks.

I am looking into creating my own Crypto and after some research I have found numerous cloning sites, but I don't like making a clone of something that already exists.

During my free time when I'm not mining I make my own game and as such I want to create a currency around Indie Game Development, now I made a FreeCoin clone to try it out with a base value of 500 coins (coincreator.net) and it built my coin (hosted free for a day) the IndieBit, Now I want to look into making this coin a reality so Indie Game Dev's have a currency to call their own and people can pay Indie Dev's with this new altcoin.

The Indie community is huge at the moment with various Indie's on Steam, Xbox and many other platform's so having a centralized currency purely for these people would be awesome.

If anyone could provide me with some help or advice on where to start please reply.

Many Thanks
Daniel
New to Mining

You can make a new coin easily on NXT's Monetary System (https://nxtforum.org/monetary-system/).

There are a few guides out there to make normal coins if that is what you are asking. Do you have any decent programming skills?

1) why do you want to create a crypto
2) if it's for profit do you intend to enter existing markets, a niche market or create one?
3) Is your idea doable?
4) Do you have the patience and tenacity to keep working on your project even if it seems to go slow?
5) Are you sure you want to take on something that big when as you say, you are new to mining?

Thanks will check this link out.


I have only just started using Unity and Javascript for Indie Game making but Unity also allow's for almost any language to be used so learning a new language wouldn't be too difficult. (Currently known, HTML, CSS, Ruby, RGSS, Javascript)


1) I just want to say look I made something and it's pretty awesome :p
2) Not really for profit, If  I do make something from it then hell it's a bonus. Not too sure about entering market's that will require further research, Would rather just test it out first and have a working model more than anything.
3) Not too sure what you mean? I know there are currently over 5000 different type's of altcoins available both on the market and in certain other area's so I imagine it must be possible in some way.
4) Of course, I wasn't looking to make a quick buck (or pound in my case), if it take 2 years before it kicks of then so be it.
5) Of course I love challenging myself I thrive on challenging myself :p

say when it's ready so we can P&D it  :)

IndieBit is supposed to be a currency used by Indie Dev's to sell there game's with secure functionality of using a digital wallet and a cold storage to boot (if there wallet allows for cold storage). Obviously for Indie's Dev's to accept this type of "altcoin" people would need to mine it in order or there to be a certain amount available to actually spend on these Indie Dev games, Now in theory this is the same as any other BitCoin Clone rehashed and slapped with a new name on but I will be looking to add feature's to it after it's original creation if I can learn enough about C in order to add these features.

Will be using SHA256 as standard
Block Reward will start at 50
Block Difficulty will start at 250 (+10 per block)
Block Reward Halving Rate will start at 10,000,000
Block Difficulty at BRHR will be: 2,000,050 (around 1/60 of ByteCoins current Difficulty)

(Above # will no doubt need tweaking for survivability before actual release)

lol, i pity you

It's only competition if you have a reliable alternative not a copycat...

Maybe take a look here:

https://bitcointalk.org/index.php?topic=915899.0

Rather than start one from scratch :)

is this coin still mineable? and if so how would I add it to something like MinerGate (I can add new pool's to mine in the app)

Yeah, it seem MS from Nxt is exactly what you need. You can test Nxt MS without installing Nxt. Follow the link beside my user name on the left of the screen.

I'm using a demo account but I have to fund it with coin's in order to use the demo >_< I barely understand this site you have sent me too >_< no faq, guide or anything that I can see at least.

I know very little about this coin and am not affiliated with it any way. I just thought it seemed related to what you are trying to do. :)

Demo testnet is about to be reset soon. Someone emptied all account. I see you just create a new a account on the nxt forum. Welcome and enjoy. Ask question over there about nxt.

Sent you a PM with little gift, hope you like it and give it a chance!

here some info about MS. For starter.
http://nxt.org/about/monetary-system/

The moment I've read the post title I realised that you're not the one to start your coin. OK?

Why don't you just give him the link to the monetary system wiki : http://wiki.nxtcrypto.org/wiki/Monetary_System (http://wiki.nxtcrypto.org/wiki/Monetary_System)

Lots of info here too : http://nxter.org/nxt-core-monetary-system/ (http://nxter.org/nxt-core-monetary-system/)

You should pay to someone for the code. You can learn from it...
No one wants coingen.....

How about Ripple or Stellar, can't we make our own currency there?