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Author Topic: CoinBase Transaction in Genesis Block  (Read 335 times)
Luke Fox
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February 28, 2017, 11:30:51 AM
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I Have been trying to clone already existing coin and also was successful in creating it. But want to have a coin 100% pre-mined on my walllet address. So I did googled about it most say to insta mine the coin and many suggested to directly include Coinbase transaction in genesis block, but was unable do so.

Can any have idea about how to inject that coinbase transaction in genesis block or do anyone know how to create genesis block to have total supply pre-mined at my own wallet address?.
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ThisNameIsAlreadyInUse
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February 28, 2017, 03:49:16 PM
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I Have been trying to clone already existing coin and also was successful in creating it. But want to have a coin 100% pre-mined on my walllet address. So I did googled about it most say to insta mine the coin and many suggested to directly include Coinbase transaction in genesis block, but was unable do so.

Can any have idea about how to inject that coinbase transaction in genesis block or do anyone know how to create genesis block to have total supply pre-mined at my own wallet address?.

You simply can't: the coinbase tx of the genesis block is not spendable. You have to craft a blockreward function in a way that all your premine is created in the block #1. Then you have to find the solution for this block (the same way as you did for genesis block)
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February 28, 2017, 04:17:40 PM
 #3

You simply can't: the coinbase tx of the genesis block is not spendable. You have to craft a blockreward function in a way that all your premine is created in the block #1. Then you have to find the solution for this block (the same way as you did for genesis block)
Yes you can configure your blockchain to mine 100% of total coin in first block and as nobody will be there mining your coin, you will get all of the coins in your wallet.


██████████.......█████......
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Luke Fox
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March 04, 2017, 12:02:19 PM
 #4

You simply can't: the coinbase tx of the genesis block is not spendable. You have to craft a blockreward function in a way that all your premine is created in the block #1. Then you have to find the solution for this block (the same way as you did for genesis block)
Yes you can configure your blockchain to mine 100% of total coin in first block and as nobody will be there mining your coin, you will get all of the coins in your wallet.

can you share some links for how to pre-mine 100% coin also how can I provide stake to that 100% coin.
Spoetnik
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March 04, 2017, 05:42:09 PM
 #5

WOW things have changed  Shocked
Fuck in the old days anyone doing this would not be taken seriously.
Just shows how sad and pathetic and scammy this shit has gotten.

And don't feed me the usual excuses for it either..

Don't put water on my meow mix and call it Tender Viddles bruh  Angry

FUD first & ask questions later™
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