[ANN][INC] IndianCoin: Super Alt-Coin Released

[arjay45]

Ugh... no thank you.

There's nothing new, useful or innovative about this coin. Plus there's no interesting twist on how it's mined.

IMHO if you want your coin to take off, have a fair start, and don't make it a boring clone. Do something experimental/fun with it.

BTW to have a fair start:
1. Do not premine any. Mine the genesis block, release it, and wait for someone else to mine the next block before you start mining it.

2. When you announce it set a specific date and time (in UTC) at least 2 days in the future and stick to it. If you think you will be delayed for any reason, announce it as soon as possible in the original post of the thread, and pick a new time at least 2 days in the future.

3. Set the difficulty to a reasonable value for the amount of hashing power you expect to jump on it when it's released. If it's a litecoin clone, start at difficulty 5 or 10. If you are afraid it will take too long to mine until the first retarget, move the first retarget to 100 blocks or 50 blocks or whatever.

4. If you tinker with the difficulty adjustments or the block time target make sure you test it really well. If you launch and your coin is supposed to have a block mined every 60 seconds and it ends up being every 5 seconds, people will just get crazy large amounts of orphans and start calling it a scam.

5. Do not decrease the reward exponentially for each block mined so that people who mine it 2 days late get like 0.1 coins. Pick a number and have it stay that number for at least a few months if not years.

6. Pick a good name. I would name examples of really poor choices in names but I probably shouldn't. Pick something people can rally behind.

7. EDIT: Oh almost forgot: put your source on github, and also build proper windows binaries with UPNP support *enabled*. If possible get someone with a good reputation on the forum to build his own windows binaries and post them as well so people are less likely to fear a virus. If the coin has a new hash algorithm and is meant to be CPU mined make sure the windows binaries are really fast and well optimized for various popular CPUs.

Edit: removed examples of coins...

[1714110794]

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[1714110794]

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[YACmeister]

Hope your scamcoin get's burned to the ground in shame 

[juanse1000100]

Why do you think this won't crash?

[jaywaka2713]

Where will you announce this coin? Hopefully it works out! Don't mind the hostility from people, it's only because there are 5 million other useless alt coins out there.

[god_of_coin]

+1

[Lecture]

Update the coin is called IndianCoin or INC. The logo will be something like this

[jaywaka2713]

Update the coin is called IndianCoin or INC. The logo will be something like this

May have just found the domain. Nice looking logo though! Are you going to do a pre-announcement with a dedicated release time so no big fish can jump in early and power mine the crap out of it?

[jaywaka2713]

Might want to get that domain working. Nothing shows up.

Looked around site. If you are seriously considering building off of BlooCoin, your alt coin is bound to fail. Nobody likes centralization here, and that's what BlooCoin is. Centralized transaction.

[Lecture]

Might want to get that domain working. Nothing shows up.

Looked around site. If you are seriously considering building off of BlooCoin, your alt coin is bound to fail. Nobody likes centralization here, and that's what BlooCoin is. Centralized transaction.

No I ripped their site theme. I not building off Bloocoin. The site is still in construction as I'm re-coding the html.

[jaywaka2713]

Might want to get that domain working. Nothing shows up.

Looked around site. If you are seriously considering building off of BlooCoin, your alt coin is bound to fail. Nobody likes centralization here, and that's what BlooCoin is. Centralized transaction.

No I ripped their site theme. I not building off Bloocoin. The site is still in construction as I'm re-coding the html.

Good. I see you're still modifying the site. BlooCoin is such a failure.

[Burninate]

Um... why make your logo a Sikh religious emblem if that's less than 1/40th of India?

http://cdn.memegenerator.net/instances/400x/37723888.jpg

[jaywaka2713]

Um... why make your logo a Sikh religious emblem if that's less than 1/40th of India?

It's called IndianCoin...

Website almost done. Waiting for your github link to go active.

[Lecture]

Um... why make your logo a Sikh religious emblem if that's less than 1/40th of India?

It's called IndianCoin...

Website almost done. Waiting for your github link to go active.

The coin is almost finished. Until then please spread the news of IndianCoin/INC

[Julia Sanders]

Oh neat, you can find/replace in existing source and create your own coin!

[jaywaka2713]

Oh neat, you can find/replace in existing source and create your own coin!

Everyone else did. Hopefully this coin works out though.

Um... why make your logo a Sikh religious emblem if that's less than 1/40th of India?

It's called IndianCoin...

Website almost done. Waiting for your github link to go active.

The coin is almost finished. Until then please spread the news of IndianCoin/INC

Will you do a pre-release announcement to raise awareness? Also I recommend you only mine the Genesis Block, then stop and wait a while.

[vemrion]

Are there any improvements in the spec? How is it mined?

[Lecture]

Oh neat, you can find/replace in existing source and create your own coin!

Everyone else did. Hopefully this coin works out though.

Um... why make your logo a Sikh religious emblem if that's less than 1/40th of India?

It's called IndianCoin...

Website almost done. Waiting for your github link to go active.

The coin is almost finished. Until then please spread the news of IndianCoin/INC

Will you do a pre-release announcement to raise awareness? Also I recommend you only mine the Genesis Block, then stop and wait a while.

Well i'm not sure what I should for the release....

[jaywaka2713]

Oh neat, you can find/replace in existing source and create your own coin!

Everyone else did. Hopefully this coin works out though.

Um... why make your logo a Sikh religious emblem if that's less than 1/40th of India?

It's called IndianCoin...

Website almost done. Waiting for your github link to go active.

The coin is almost finished. Until then please spread the news of IndianCoin/INC

Will you do a pre-release announcement to raise awareness? Also I recommend you only mine the Genesis Block, then stop and wait a while.

Well i'm not sure what I should for the release....

Post a set time that the release will be released. Make sure you include time zone. I recommend using an American time zone, as that's where the majority of people here are from.

[Lecture]

Oh neat, you can find/replace in existing source and create your own coin!

Everyone else did. Hopefully this coin works out though.

Um... why make your logo a Sikh religious emblem if that's less than 1/40th of India?

It's called IndianCoin...

Website almost done. Waiting for your github link to go active.

The coin is almost finished. Until then please spread the news of IndianCoin/INC

Will you do a pre-release announcement to raise awareness? Also I recommend you only mine the Genesis Block, then stop and wait a while.

Well i'm not sure what I should for the release....

Post a set time that the release will be released. Make sure you include time zone. I recommend using an American time zone, as that's where the majority of people here are from.

I live in California so that's covered. I need to talk to someone who already created an alt-coin because I have some questions about the server and all.

[jaywaka2713]

What server? Your domain? Also you should get your github setup relatively soon. Source code need to be posted.