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Author Topic: let's invent cryptocurrencies killer.  (Read 1624 times)
BitcoinsGreat
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June 22, 2017, 10:48:08 PM
 #41

First step, compile Bitcoin and Litecoin from source.  Ideally, do this on both a Unix and a Windows box.  No code changes, just take the code and compile it, follow the directions. 
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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cmdcoin (OP)
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June 22, 2017, 10:54:36 PM
 #42

First step, compile Bitcoin and Litecoin from source.  Ideally, do this on both a Unix and a Windows box.  No code changes, just take the code and compile it, follow the directions. 

Did you read my replies?
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June 22, 2017, 11:15:51 PM
 #43

Come up with some great ideas and present them. If you make a coin, do a NEM style stake distribution and not an ICO.  Distribute stakes for no cost, keep 5-10% for yourself, and if your efforts pay off the coin will go up in value.

There's already lots of great projects out there so you have your work cut out for you.

Some unique ones... xtrabytes... static nodes that each verify the transaction

PascalCoin... accounts and blockchain trim which allows a manageable blockchain size

Bitbay... using the blockchain to auction and sell items

Ardor... based off NXT, developing tech called "child chains" that allow better scalability. Offers tokens like ETH.

NEM... written from scratch, though also inspired by NXT, developing a scalable blockchain tech known as "mijin" which could eventually be the next big thing. This platform is fairly mature.

Syscoin... also has a version of blockchain trim tech, along with a number of other things. Been under steady development for some time now. Fairly mature compared to a lot of platforms out there.

Then there's coins that offer decentralized storage, VPNs, tons that offer smart contracts, etc. etc. etc.

How will your coin stand out?   Ultimately working on scalability first I believe is the best idea... but I don't know what you could bring to the table that's not already here. Maybe join an existing project.
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June 22, 2017, 11:29:48 PM
 #44

Come up with some great ideas and present them. If you make a coin, do a NEM style stake distribution and not an ICO.  Distribute stakes for no cost, keep 5-10% for yourself, and if your efforts pay off the coin will go up in value.

There's already lots of great projects out there so you have your work cut out for you.

Some unique ones... xtrabytes... static nodes that each verify the transaction

PascalCoin... accounts and blockchain trim which allows a manageable blockchain size

Bitbay... using the blockchain to auction and sell items

Ardor... based off NXT, developing tech called "child chains" that allow better scalability. Offers tokens like ETH.

NEM... written from scratch, though also inspired by NXT, developing a scalable blockchain tech known as "mijin" which could eventually be the next big thing. This platform is fairly mature.

Syscoin... also has a version of blockchain trim tech, along with a number of other things. Been under steady development for some time now. Fairly mature compared to a lot of platforms out there.

Then there's coins that offer decentralized storage, VPNs, tons that offer smart contracts, etc. etc. etc.

How will your coin stand out?   Ultimately working on scalability first I believe is the best idea... but I don't know what you could bring to the table that's not already here. Maybe join an existing project.

Thank you for this useful information, right now I am just discussing the idea, to let the community decide and see if it will bring something new to the crypto table, otherwise no need start a new cryptocurrency,
Did you see my latest replies? please read them and tell me if you think that the concept is worth the time,
looking forward to hear from you.
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June 25, 2017, 08:30:06 AM
 #45

First step, compile Bitcoin and Litecoin from source.  Ideally, do this on both a Unix and a Windows box.  No code changes, just take the code and compile it, follow the directions. 

Did you read my replies?


They can be confusing, but understand that it is simply a matter of making sure that the system has the needed dependencies in the right place and some of those dependencies have some needs of their own.
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June 28, 2017, 05:40:18 PM
 #46

If you are following a step by step from the internet or here, learn to read the errors that the system gives you and modify to fix them.  Older tutorials have lines that refer to the software at the time.  If you are going to code a coin, then realizing that when the command line spits back that X 8.0 is not installed and you just installed X 10.0, then you change the line that referred to the old version. 
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June 28, 2017, 05:41:30 PM
 #47

Then, do each coin again, with the changes that you need to make a new coin.  Then, do it again and then once more on two more machines with the same oS but different resources.  Then, take 14 deep breaths and go from there.

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