How to start a community takeover

[tahunguy]

Hi,

I am very new and inexperience about this. There is a coin I've invested in but the developer deleted everything after a few days of not getting any masternode sold at "auction." Hence, I want to see if I can restart this coin and have a good run at it. I just don't know how to start this takeover. What i have so far:

1) Ubuntu 18.04
2) Original Source Code to the coin
3) Determination to get this coin running again

Any help would be great. I was told to compile the wallet as my next step. Is this true? Please help a newbie out.

[alani123]

It would depend in the coin's past history.

Does it simply need to be released? Compile the wallet, get a genesis block, perhaps set up some peers as well, and release it. Ideally you'd also want a windows client and a pool or two upon release.

Do you want to fork it? Then you would also have to get miners to agree with you.

[angelfaria]

i would suggest you to research about coins previous history, which is important a lot. hope that would give you more solid idea to have faith upon.

[auliahr]

It's very complicated to do and bad history is a major risk. Why do not you try to build new projects and fix all the problems that are available on past projects?

[kayakcrypto]

Yes, compiling the wallet should be the next step. You would want to do a background research on the coin. And before investing on any other cryptocurrency in future, make a thorough background research.

[annasadia]

It totally depends on the previous history of the coin. It will be better if you can contact with the developer somehow and then takeover the full responsibility. Even the developer can brief you the requirement to run the system.