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Author Topic: How do you create an altcoin?  (Read 21174 times)
meteors2888
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April 15, 2013, 12:34:53 AM
 #181

I've found the GenesisBlock of Litecoin & Mincoin are same. Huh Huh Huh
uint256 hashGenesisBlock("0x12a765e31ffd4059bada1e25190f6e98c99d9714d334efa41a195a7e7e04bfe2");
https://github.com/SandyCohen/mincoin/blob/master/src/main.cpp
https://github.com/litecoin-project/litecoin/blob/master/src/main.cpp
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alex_fun
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April 15, 2013, 12:36:43 AM
 #182

Come to freenode channel #noobcoin I think we might solve it together soon Smiley

Remember remember the 5th of November
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Reverse engineer from time to time


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April 15, 2013, 04:08:48 AM
 #183

I expected at least one alt-coin developer to see this thread and respond, but I am feeling now that they won't do it purely so a new alt-coin does not replace theirs, even if we are newbs here.

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
alex_fun
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April 15, 2013, 04:10:28 AM
 #184

Progress simply happens Smiley

jackjack
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April 15, 2013, 06:50:41 AM
 #185

I expected at least one alt-coin developer to see this thread and respond, but I am feeling now that they won't do it purely so a new alt-coin does not replace theirs, even if we are newbs here.
Same...

Maybe it's time to create a 'collaborative' coin where all users decide what they want to do

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
Luke-Jr
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April 15, 2013, 11:15:44 AM
 #186

I expected at least one alt-coin developer to see this thread and respond, but I am feeling now that they won't do it purely so a new alt-coin does not replace theirs, even if we are newbs here.
Same...

Maybe it's time to create a 'collaborative' coin where all users decide what they want to do
Already exists, it's called... Bitcoin!

Too bad most of those users are unwilling to do anything to help "what they want to do" get done any faster, so everything only happens at the fastest speed volunteers can get them done.

jackjack
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April 15, 2013, 11:27:12 AM
 #187

I was talking about retarget time, total number of coins and other parameters that are fixed for long in Bitcoin

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
Geddi
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April 15, 2013, 11:51:16 AM
 #188

I expected at least one alt-coin developer to see this thread and respond, but I am feeling now that they won't do it purely so a new alt-coin does not replace theirs, even if we are newbs here.

Maybe someone would pop up helping out if you guys were eager to learn about cryptography and programming, instead of script-kidding an existing source into creating a new blockchain.
Luke-Jr
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April 15, 2013, 12:55:32 PM
 #189

I was talking about retarget time, total number of coins and other parameters that are fixed for long in Bitcoin
There is no reason to change any of that.

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April 15, 2013, 02:06:02 PM
 #190

I expected at least one alt-coin developer to see this thread and respond, but I am feeling now that they won't do it purely so a new alt-coin does not replace theirs, even if we are newbs here.

Maybe someone would pop up helping out if you guys were eager to learn about cryptography and programming, instead of script-kidding an existing source into creating a new blockchain.

Nobody said they wanted to release a 'real' coin.
This was all an exercise to see how the process works.

It's nice to know there is crypto currency out there... it's even cooler to know how the whole process works imo.



I will NEVER ask for any kind of funds up front in a buy/sale of anything on bitcointalk.

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jackjack
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April 15, 2013, 02:19:59 PM
 #191

I was talking about retarget time, total number of coins and other parameters that are fixed for long in Bitcoin
There is no reason to change any of that.
There is no reason not to try to change all of that.

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
alex_fun
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April 15, 2013, 02:50:42 PM
 #192

Jackjack come to irc in like 40 min I might be around Smiley

It also seems some people work on applet that can calculate merkel key from text string and public key Smiley  Perhaps someone can post here how to do it Smiley

So far Satoshi code seems pretty simple perhaps he make it this way so even noobs  can play with it Smiley))

Once merkelt key is known then what? Run miner and check in debug file for the first genesis block hash? Also I think there is dns hardcoded somewhere? For example when I  solo mine local host as address  it links to existing chain means somewhere in code dns got to be changed Smiley

jackjack
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April 15, 2013, 04:08:26 PM
 #193

I can't until I'm back home
Also guys consider the possibility that luke-jr may use his pool (eligius) to attempt a 51% attack like he did with coiledcoin

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
Luke-Jr
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April 15, 2013, 05:11:29 PM
 #194

I can't until I'm back home
Also guys consider the possibility that luke-jr may use his pool (eligius) to attempt a 51% attack like he did with coiledcoin
No need to promote lies.

Walter Rothbard
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April 15, 2013, 05:13:53 PM
 #195

I expected at least one alt-coin developer to see this thread and respond, but I am feeling now that they won't do it purely so a new alt-coin does not replace theirs, even if we are newbs here.

I don't think it matters, as you guys are clearly on your way to becoming altcoin developers.

There is an enlightenment that happens in programming, when you hit a point where you realize that, given enough time, you could figure out / code anything, on your own.  You could write a new OS kernel if you wanted, or an office application suite.  Or build a new genesis block.

I wouldn't be surprised if the eventual output of this thread is a standalone, tweakable genesis block generator application.

Walter Rothbard
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April 15, 2013, 05:15:29 PM
 #196

I can't until I'm back home
Also guys consider the possibility that luke-jr may use his pool (eligius) to attempt a 51% attack like he did with coiledcoin

Yes, take a break and buy a few dozen ASIC units and build a big hash farm before you go too much further. Wink

owenprescott
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April 15, 2013, 05:16:57 PM
 #197

I expected at least one alt-coin developer to see this thread and respond, but I am feeling now that they won't do it purely so a new alt-coin does not replace theirs, even if we are newbs here.

I don't think it matters, as you guys are clearly on your way to becoming altcoin developers.

There is an enlightenment that happens in programming, when you hit a point where you realize that, given enough time, you could figure out / code anything, on your own.  You could write a new OS kernel if you wanted, or an office application suite.  Or build a new genesis block.

I wouldn't be surprised if the eventual output of this thread is a standalone, tweakable genesis block generator application.

How about a tweakable coin generator? Even if there is a fee to to discourage mass spam of alt coins.
Garr255
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April 15, 2013, 06:59:13 PM
 #198

How about a tweakable coin generator? Even if there is a fee to to discourage mass spam of alt coins.

That's what I want to get out of this.

The whole reason I'm participating is because it will promote competitiveness among alt coins. It's really fun getting a better understanding of bitcoin too Smiley

“First they ignore you, then they laugh at you, then they fight you, then you win.”  -- Mahatma Gandhi

Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
owenprescott
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April 15, 2013, 07:14:39 PM
 #199

How about a tweakable coin generator? Even if there is a fee to to discourage mass spam of alt coins.

That's what I want to get out of this.

The whole reason I'm participating is because it will promote competitiveness among alt coins. It's really fun getting a better understanding of bitcoin too Smiley
I am still getting my head around Bitcoins but if I could I would be contributing.
Geddi
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It's the muffins that must be stopped.


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April 15, 2013, 07:28:08 PM
 #200

I expected at least one alt-coin developer to see this thread and respond, but I am feeling now that they won't do it purely so a new alt-coin does not replace theirs, even if we are newbs here.

Maybe someone would pop up helping out if you guys were eager to learn about cryptography and programming, instead of script-kidding an existing source into creating a new blockchain.

Nobody said they wanted to release a 'real' coin.
This was all an exercise to see how the process works.

There's my point..  Huh

I'm not saying you should release a real coin. I'm saying that while you might think you are learning 'how the process works' you are instead 'dialing the knobs' of an existing program. Examine the source, examine the bitcoin wiki and try to program your own client. Has more educational value.  Grin
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