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Author Topic: How do you create an altcoin?  (Read 21480 times)
wmikrut
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April 20, 2013, 02:57:36 AM
 #241

Cloned the source... working with it now  Grin

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

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April 20, 2013, 03:05:03 AM
 #242

It seems possible they might not be strictly proper multicoin coins, as I am not sure where the message comes from they put on their status output saying what coin they are. I am not sure if that is something multicoin does of if they actually hacked the code of multicoin, for example to add that message.

Multicoin was intended that you would use the exact same binary program to run all the various coins, but maybe these two aren't really like that, it'd be interesting to compare their code to the actual multicoin and to each other...

Best of all though will be to recreate them using latest bitcoin code.

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Nymph
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April 20, 2013, 03:19:55 AM
 #243

It would require changing 1 line of code

ooo really? will you tell me how to do it please?  Smiley

Code:
sed -i "s/y >>=/y <<=/g" main.cpp
Reward doubles instead of halves.(for original bitcoin client from git)

Don't forget to irrigate your nasal passages.  Cool

Thanks!  Grin
::off to figure out what to do with it::
wmikrut
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April 20, 2013, 03:43:28 AM
 #244

I have to create a new Ubuntu VM for development... my general development environment is just jacked up!   Roll Eyes

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Nymph
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April 20, 2013, 07:09:21 PM
 #245

just saw this over here https://bitcointalk.org/index.php?topic=146361.msg1562398#msg1562398

Steps of becoming an altcoin operator:

1) Learn to use git/github and build bitcoin/altcoins
2) Manage at least 2 nodes on 2 computers/VM/VPS
3) Bootstrap your own network by changing pnSeed, running with dnsseed disabled, irc seed disabled, and change pchMessageStart
4) Learn to make genesis block and start up network.
5) Change default p2p port and rpc port.
6) Change address version (optional)
7) Remove checkpoints, generate master key(s).
8> Cosmetic changes.

Now you can start playing with various parameter changes. Of course doing any real work from here on would require more skills and understanding of the innerworkings of bitcoin. But if you are just content with a simple clone of bitcoin/altcoins then it's done.

Good luck!  Wink
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April 20, 2013, 07:26:41 PM
 #246

I bet that you have no idea about writing a code or even reviewing it , I love an open source programs and I wish if my company would invest into it , but I hate it when people like you start messing around it, you do not even know from where to start , and if you somehow create a coin... how will you support it in future , you know that you have to do some development after you create it, and what will you do if there will be a bug , you think that people will spend their money and time for some weekend project from some amateur ?

the only real coin for me is BTC or LTC and maybe NMC, all other coins are just a waste of time and money 
Cheshyr
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April 20, 2013, 08:00:04 PM
 #247

We're having fun. You don't have to be involved in any way. Go enjoy your stale ideas; we're all here for different reasons.
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April 20, 2013, 09:38:34 PM
 #248

I bet that you have no idea about writing a code or even reviewing it , I love an open source programs and I wish if my company would invest into it , but I hate it when people like you start messing around it, you do not even know from where to start , and if you somehow create a coin... how will you support it in future , you know that you have to do some development after you create it, and what will you do if there will be a bug , you think that people will spend their money and time for some weekend project from some amateur ?

the only real coin for me is BTC or LTC and maybe NMC, all other coins are just a waste of time and money 

One or two years ago you would have probably said BTC was the only coin for you, do I want my BTC to be undermined by loads of altcoins? No, but I respect those working on this thread. It seems these "amateurs" are not even 18 yet, they cannot even buy alcohol for themselves yet they are experimenting and learning programming at what I believe is an advanced level, were you born with coding knowledge or did you go through a process of trial and error? Regardless, even if their code is a buggy mess, all that means is people will not support their work and will stick with the best option available. For you their project is probably a waist of time, for them this could be the beginning of a successful future.
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April 21, 2013, 12:16:21 AM
 #249

I bet that you have no idea about writing a code or even reviewing it , I love an open source programs and I wish if my company would invest into it , but I hate it when people like you start messing around it, you do not even know from where to start , and if you somehow create a coin... how will you support it in future , you know that you have to do some development after you create it, and what will you do if there will be a bug , you think that people will spend their money and time for some weekend project from some amateur ?

the only real coin for me is BTC or LTC and maybe NMC, all other coins are just a waste of time and money 

One or two years ago you would have probably said BTC was the only coin for you, do I want my BTC to be undermined by loads of altcoins? No, but I respect those working on this thread. It seems these "amateurs" are not even 18 yet, they cannot even buy alcohol for themselves yet they are experimenting and learning programming at what I believe is an advanced level, were you born with coding knowledge or did you go through a process of trial and error? Regardless, even if their code is a buggy mess, all that means is people will not support their work and will stick with the best option available. For you their project is probably a waist of time, for them this could be the beginning of a successful future.

Yup.

“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!
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April 21, 2013, 01:04:44 AM
 #250

I respect those working on this thread. It seems these "amateurs" are not even 18 yet, they cannot even buy alcohol for themselves yet they are experimenting and learning programming at what I believe is an advanced level, were you born with coding knowledge or did you go through a process of trial and error?
+1

It will only make GarrCoin (, ...) cooler to mine.  Cool

When's the launch?

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April 21, 2013, 02:08:10 AM
 #251

How is the guide comming? :3

Currently Mining: Litecoin, Xencoin, and Worldcoin (Just because its fun!, don't yell at me ;_;)
wmikrut
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April 21, 2013, 03:16:38 AM
 #252

I bet that you have no idea about writing a code or even reviewing it , I love an open source programs and I wish if my company would invest into it , but I hate it when people like you start messing around it, you do not even know from where to start , and if you somehow create a coin... how will you support it in future , you know that you have to do some development after you create it, and what will you do if there will be a bug , you think that people will spend their money and time for some weekend project from some amateur ?

the only real coin for me is BTC or LTC and maybe NMC, all other coins are just a waste of time and money 

Lol... posts like this make me laugh!!

If this is true -- why are you even here?   
Your rant falls on deaf ears!

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

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idev
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April 21, 2013, 03:30:52 AM
 #253

How is the guide comming? :3
Ditto
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April 21, 2013, 03:34:10 AM
 #254

How is the guide comming? :3
Ditto

double ditto

sron
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April 21, 2013, 04:29:39 AM
 #255

I started a thread similar to this one a year ago or so and I will be following this one, I would be interested in building a software product that automatically generates new coin systems based on the values you feed into the UI.

Luckybit
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April 21, 2013, 05:19:53 AM
 #256

I'm bored, its the weekend. I was thinking of creating an altcoin for fun, I won't release it, it would just be cool to get it running and see how fast mining is. Hopefully its not to hard :3 If it is I have a VPS with nothing on it I could use for some sort of litecoin web script.

Thanks Cheesy
Apparently you just fork Bitcoin or Litecoin and change a few lines of code and call it Newcoin. Honestly I could even do it.
Geddi
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April 21, 2013, 09:23:18 AM
 #257


Here it is:
1) read bitcoin wiki
2) install compiler
3) start notepad
4) have a ball
5) compile newcoin

jackjack
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April 21, 2013, 10:31:35 AM
 #258


Here it is:
1) read bitcoin wiki
2) install compiler
3) start notepad
4) have a ball
5) compile newcoin


Very, very far from being enough  Roll Eyes

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.
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April 21, 2013, 09:50:58 PM
 #259


Here it is:
1) read bitcoin wiki
2) install compiler
3) start notepad
4) have a ball
5) compile newcoin


Very, very far from being enough  Roll Eyes
ditto

Currently Mining: Litecoin, Xencoin, and Worldcoin (Just because its fun!, don't yell at me ;_;)
Garr255
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April 21, 2013, 10:14:46 PM
 #260

Update:

The guide will be coming in the next few weeks, because I'll be pretty busy. All I need to do is figure out how to compile the QT client for windows, and create a program to find the genesis block. Else I could include the nifty python script which I believe was written by the creators of freicoin.

I've considered making people pay for the guide, but instead I'll just be encouraging donations from the ones who gain some knowledge from it.

--Garrett

“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!
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