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Author Topic: bitcoind/bitcoin-qt generic/altcurrency  (Read 408 times)
appamalk
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November 21, 2013, 02:08:08 PM
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I'm having difficulty "google'ing" my question so I came for some help.

I assumed that I could re-configure my bitcoind/bitcoin-qt using a ".conf" file that was set up for an alternate currency (hobonickels, how cool is that?)

However, I've noticed my hobo-configured bitcoin-qt generates Bitcoin addresses not HBN addresses.

It seems to me that every cryptocurrency has a similar but unique and incompatible client tool.  Is this right?  Why? 

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November 21, 2013, 03:36:09 PM
 #2

Hey, and welcome to the forums!

For HBN you will need a HBN wallet. Bitcoin runs on a seperate "blockchain" as Hobonickles. The HBN wallet will not take as long to "Sync the blockchain" as what the BTC wallet would.

You can get the HBN wallet here: https://bitcointalk.org/index.php?topic=261550.0

If you have any other questions, feel free to ask Grin

-GoR--

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appamalk
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November 21, 2013, 03:44:25 PM
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Thanks.

I guess my point is with all of the crypto-currencies out there, it seems unwieldy to have a unique client for each. (and dangerous as it's hard to know what sources to trust) 

I expected to configure the .conf in bitcoind to "connect" it to the hobonickel (or any other currency) blockchain.  I'm seeing it's not the case.

Is there any reason a client couldn't be used for any currency?  I thought they all followed the same model.

I have a feeling I'm going to have to learn the hardway by digging though the bitcoind source... Sad
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November 21, 2013, 04:28:21 PM
 #4

Thanks.

I guess my point is with all of the crypto-currencies out there, it seems unwieldy to have a unique client for each. (and dangerous as it's hard to know what sources to trust) 

I expected to configure the .conf in bitcoind to "connect" it to the hobonickel (or any other currency) blockchain.  I'm seeing it's not the case.

Is there any reason a client couldn't be used for any currency?  I thought they all followed the same model.

I have a feeling I'm going to have to learn the hardway by digging though the bitcoind source... Sad


They are all based on the Bitcoin protocol. But the parameters of the client and blockchain differ from minor changes to a complete overhaul. While i do agree, with an abundance of coins around, there should be 1 client that could support them all. Perhaps a bounty could be made for this client? A client that you could just import the priv key of the coins wallet and have it all in one?

Only time will tell if something like that is created Smiley

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appamalk
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November 21, 2013, 04:40:43 PM
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Thanks, that saves me a lot of research.  I was getting a little flustered.  But I guess crypto-currencies are still pretty young.

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November 21, 2013, 05:11:02 PM
 #6

But I guess crypto-currencies are still pretty young.

Yes. Which means you are in the right place at the right time from an investment perspective. This is a site I monitor daily as I watch the events unfold: http://www.coinmarketcap.com. Eventually a few of these coins will rise to challenge the mighty Bitcoin.

Pick the right ones and you'll be very well rewarded. IMO.

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
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