Bitcoin Forum
November 15, 2024, 08:58:44 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Noob question about creating a coin and keeping a few coins for myself  (Read 101 times)
jonathonsolomon (OP)
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
February 12, 2018, 11:01:08 PM
 #1

Hello, I am not sure if this is the best place for this question...

I created a Litecoin fork...Jewfrocoin. I have a Max Money value of 10,000,000,000. I started 2 nodes using virtual machines and was able to start mining but is there an easier way for the coin creator (me) to get a few million coins to pass out to friends and family?

Thanks in Advance.
achow101
Staff
Legendary
*
Offline Offline

Activity: 3542
Merit: 6886


Just writing some code


View Profile WWW
February 12, 2018, 11:12:35 PM
 #2

First of all, MAX_MONEY is not what controls the total money supply; that is governed by the block reward halvings which is in the function GetBlockSubsidy.



You can just create your genesis block to have a large amount of coins and then make sure that you insert that transaction into the UTXO set when the genesis block is loaded.

jonathonsolomon (OP)
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
February 12, 2018, 11:29:53 PM
 #3

Thanks, any recommended resources to dive deep into the subject of creating coins? Google seems to be hit or miss with info on the subject.

lero34
Member
**
Offline Offline

Activity: 224
Merit: 11


View Profile
February 27, 2018, 06:29:36 PM
 #4

Do not create your own coin. Also, do not invest in several coins. This is a bad strategy. Choose one coin and invest in it. Read the opinions of experts. I personally recommend the ethereum.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!