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Author Topic: What does it need to create a new coin ? [DEV SEARCH]  (Read 350 times)
therealbigcoin
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February 28, 2014, 03:35:30 PM
 #1

Hey
i wonder what does  i need to know to create a new Coin.
There are so many new coins out, every new concept i copied several times, so i think a noob like me should be able to do the same right?

Why not putting all the good concepts together to a new coin? Why are there still scrypt coins coming out, we have already dogecoin and litecoin. Why is there a pandacoin, we have already Vert.
We Also have Kimotos gravity wall to prevent pool hopping, we have Proof of Stake to safe Energy .

So pls tell me exactly what tools, links, books and languages do i need to create a new coin ? I don't want a random copy paste premine coin, i just want to understand the prozess.

So my new Coin would have:
Algorithm: maybe a early mine phase like MintCoin, adaptive N-scrypt like vertcoin and after 2 months of mining a steady block reward of 1 and Proof of stake become to be the main Algorithm. Also Kimotos gravity wall for fair mining.
so the futures: NScrypt, POS 1 year 20% interest, 2.10% 3 - endless 5 %

So pls refer me what to do i dont think it would be very difficult.

I would also pay a dev who already did something like this to work with me on this Smiley

Greetings Wink


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February 28, 2014, 04:52:33 PM
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https://bitcointalk.org/index.php?topic=217636.0

Then have a look at e.g. Quark or Qubit sourcecode, compare the code to standard Bitcoin/Litecoin code (depending on which it is based on ofc) to get some clues on how to change algorithms. Too much for a noob imo, although not that hard.  Tongue

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