interesting idea and something i dream of doing some time in the future
if i was you (not many resources and hardware, community already in place) i would clone a coin like black coin and go for POS instead of POW, i would set a premine in the first blocks and then distribute the coins to the community members. with POS people need to have just a pc/laptop and a stake of coins, no need for heavy electricity usage and specific hardware.
cryptonote would give you anon transactions (is not clear if you choose cryptonote also because is anon), blackcoin-like coin has transparent [Suspicious link removed]piling is quite easy and wallet is similar to bitcoin. this solution would reduce the costs of producing (and mantaining) your cryptocurrency network.
I'm sorry for answering so late, I didn't realize people responded, apparently there are no email notifications in here (or I didn't activate them
). I thought about your proposal but I'm thinking about this coin as a way to expand our micronation. Maybe in time people among us will offer services for a certain amount of KLC (Klausercoin). That way we could have new people join us, mine with us and help us expand.
As a solution to the lack of hardware, we're thinking about online hosting and no longer handling the trouble of keeping up servers ourselves. The Cryptonote fork and the PoW still stands, the premine will be split among our community, among the leaders of the micronation and the ones that keep up the coin. We've got the website that was built two years ago but it's simply built on Wix. Anyone can visit it in case you want to get a little more info about us:
http://klauserland.weebly.com/ (note that much of it hasn't been updated for more than 1 year but still stands).
Also, the micronation is meant to behave like a real state with political parties, voters, rulers and all.
Hello there, I'm making this thread in order to ask for some help in regards to a project I have in mind.
Me and a few people have started, about 2 years ago, a micronation and I personally dedicated some time to it even though it was just for fun. We wanted to create a community and we've gathered around 100 people but projects like this (a micronation) tend to fade if there's nothing to keep the people together such as real territories, real borders or anything palpable at all. That's why I came up with the idea of creating a coin for this. I've chosen the Cryptonote algorithm because this way any member of our community can mine with his/her own personal computer. Also, it will be PoW only. I will make a separate announcement page when things are getting closer to becoming reality.
The thing is, when I tried to make the coin happen I got stuck on compiling it and I ran into some problems, I also need some advice on how we should handle the nodes because we really lack the hardware and there aren't many willing to contribute with money. I don't need any changes to the basic algorithm just small details so there won't be much work for a professional dev. The way I will pay is by giving a part of the premine to the one that will help us. We're a small community and we would really appreciate the help.
The coin will be used probably for trading among our members or who knows maybe we'll expand. I hope this message will be received well, thank you in advance.
This sounds like an interesting idea. I don't want to be discouraging, but what would be the advantages of this coin? Any unique features? You have to be careful because an altcoin costs hundreds of dollars to make, and hiring a professional dev will not be cheap. Just make sure it is worth your while.
The thing about it is that it will be ours, as a micronation we can't really have a fiat currency or at least a functioning one so crypto seems to be the best alternative. This coin might also help us expand.
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hope this works out for you.
