I am writing an altcoin from scratch. Please help me answer my questions.

[edwinhere]

I am writing a coin from scratch. It is most similar to Monero. i.e. It is fungible. The programming language I have used to develop it is Rust. I do not want to make money from it. I wrote it to understand Monero from scratch and hopefully add more advanced features which Monero does not currently have. I have already implemented CLSAG and MLSAG and RingCT which Monero already has. I am currently working on adding DLSAG and implement atomic swaps and may be payment channels which Monero does not have. It will be PoW but I haven't implemented that part. I am still working on more and more novel types of transactions and multisigs before worrying about things like PoW which I don't feel is as important.

• Should I launch it?
• Should I launch it after it has more features than Monero? (Since upgrading a p2p network is complicated)
• What is the best way to prove to people there was no pre-mine, insta-mine etc
• Should I add a stablecoin issuing transaction type if the reserves are stored in Singapore? Singapore government likes stablecoins with KYC but that will hurt fungibility.
• Is there a piece of wisdom I can read somewhere which will tell me how not to screw this up

I am thinking of starting a testnet first, and keep it that way until there are a few 100 users.

What features do you like to see in a fungible coin?

[RussianEnglishTranslation]

My advice:

#1 UTXO coins carry a history, use an account based system like Ethereum (this is why I prefer 0xMR to XMR).

#2 The world doesn't need more cryptos looking for a use case. Build the use case first then add the crypto.

[el kaka22]

Should you launch it? I believe you shouldn't, when you are building something all by yourself you should know that it is close to impossible to be successful in this market, crypto world is a lot more complicated in the marketing and viral side of things than you might think, even the scammers spend close to a million dollars to look like a legit place in order to steal, if you are asking us if you should launch it, that shows you are not ready at all.

Rest of them are easier, you can launch before its better than monero or worse, as long as you can convince people it wouldn't matter, or you can simply show them the open source code for the project which will make sure it is not mined. You can answer the other question yourself they are easy, but if you are unsure about launching, doubting about it, don't.