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May 22, 2013, 08:00:58 PM |
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I love the concept of Bitcoin, but I'd like to create my own 'strand' of the bitcoin blockchain for use in my community to facilitate local trade networks. I do have some background in IT, and would like to know what I need to do to start mining my own chain. We'll call it, MyTownCoin for sake of this discussion.
I don't want to use Bitcoin because of the price barrier for entry. I need to mine my own coins so that I can distribute them locally and market extensively, and BTC is just too expensive now for the aims that I have. Plus, I want to get into the guts of the beast and get a better understanding of what makes it tick so that I can defend my network in the future.
Does anyone know how to go about this or can point me to some resource to begin implementing this?
Thanks, MegaD
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