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Author Topic: Cryptocurrency written in Python  (Read 1017 times)
skrtdev (OP)
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November 30, 2021, 03:46:42 PM
Merited by cryptoDEADBEEFFFFF (1)
 #1

I just created a cryptocurrency called denaro. I used Python and PostgreSQL. It's a fully working crypto written by 0, it does not operate on any external blockchain like ethereum, it does have his blockchain. It started like "let's see if i can really make it", and it ended that i did it. It can theoretically confirm up to 5 transactions per second, with a maximum block size of 2mb. You can find it on github: https://github.com/denaro-coin/denaro. If you wanna contribute, you're welcome. I also created a telegram bot wallet (@DenaroCoinBot), so feel free to pm me on @gaetano555 and i'll send you some.
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December 01, 2021, 11:14:59 AM
 #2

What is its mining algorithm? Or block revenue allocated based on the duration of the running node?
skrtdev (OP)
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December 01, 2021, 05:32:49 PM
 #3

It's sha256, similar to bitcoin but there are a couple differences, you can find them in README. You can start mining with the miner.py file
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December 01, 2021, 05:59:46 PM
 #4

I just created a cryptocurrency called denaro. I used Python and PostgreSQL. It's a fully working crypto written by 0, it does not operate on any external blockchain like ethereum, it does have his blockchain. It started like "let's see if i can really make it", and it ended that i did it. It can theoretically confirm up to 5 transactions per second, with a maximum block size of 2mb. You can find it on github: https://github.com/denaro-coin/denaro. If you wanna contribute, you're welcome. I also created a telegram bot wallet (@DenaroCoinBot), so feel free to pm me on @gaetano555 and i'll send you some.


any guide on how to set that correctly
# install postgresql
createdb denaro
psql -d denaro
## paste content of schema.sql
Huh
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December 01, 2021, 06:08:26 PM
 #5

Sounds like you completed a nice home project. If you are capable of writing this your own, you'll land on a good paying job in no time. Blockchain devs are very in demand lately.  Your other option is, you can develop this project of yours further and create a unique altcoin which offers something that the other coins don't and you may end up with a multi billion worth of a blockchain. A silly project like Litecoin started like this and now it is one of the major alts.

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skrtdev (OP)
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December 02, 2021, 02:42:55 PM
 #6

It's not much complex actually, but it works. I think I'll work on this to implement some new features and maybe it will be a successful coin, or maybe not. I appreciate contributions. Anyone who needs help installing this can pm me on telegram at t.me/gaetano555
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December 02, 2021, 08:57:02 PM
 #7

Awesome! I really like this kind of project, it really brings me back to the early days of this message board. The greatest innovations in DLT didn't happen because billions are spent on R&D, they happened when this was a hacker's community.

I think a couple of simple deployment methods would be beneficial for some other tinkerers to play with your project. Maybe start a discord community for those who'd like to help out? I'd join.
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December 03, 2021, 12:50:10 PM
 #8

Great, I am learning Python, this project is good, continue to pay attention.   Smiley
skrtdev (OP)
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December 03, 2021, 06:17:48 PM
 #9

I think a couple of simple deployment methods would be beneficial for some other tinkerers to play with your project. Maybe start a discord community for those who'd like to help out? I'd join.

Yeah you're right, at the moment you have to create postgres database manually. Maybe docker would be simpler to use. There is a telegram group and channel at https://t.me/denarocoin if you wanna join, I use more telegram than discord. Thank your for your appreciation, advices and contributions are always welcome.
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December 03, 2021, 07:40:42 PM
 #10

I think a couple of simple deployment methods would be beneficial for some other tinkerers to play with your project. Maybe start a discord community for those who'd like to help out? I'd join.

Yeah you're right, at the moment you have to create postgres database manually. Maybe docker would be simpler to use. There is a telegram group and channel at https://t.me/denarocoin if you wanna join, I use more telegram than discord. Thank your for your appreciation, advices and contributions are always welcome.
It is easier to organize Discord with channels and other stuff. Like testnet channel, mining..../hidden channels-rank only channels like ANN/ranks and all etc.. Telegram is like a big sea of msges, it cant be organized in such a way. Discord is more suitable for the tech interested community. As in its early phase, I strongly advise a Discord Server and certain servers link their telegram with it through a bot (it sends msges to Tele and from Tele to Discord). Yea and write a medium article guide pls.  Wink

Btw there was a project with similar name:

https://bitcointalk.org/index.php?topic=2833302.0

So maybe its not the best name...

WARTHOG NETWORK - where everyone can revive again the good old days when crypto was fun -> https://bitcointalk.org/index.php?topic=5458046.0
skrtdev (OP)
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December 03, 2021, 07:44:55 PM
 #11

Yeah you're right, i will, thank you. For now you can join telegram channel and group in order to get updated about development.
skrtdev (OP)
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December 04, 2021, 10:54:20 AM
 #12

Btw there was a project with similar name:

https://bitcointalk.org/index.php?topic=2833302.0

So maybe its not the best name...

Uh I didn't know it. That was a scam project but I can't change crypto name as it has been already released.
LaaMos Seeth
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December 12, 2021, 02:36:35 AM
 #13

You have to set environmental variables for database access:

    DENARO_DATABASE_USER, default to denaro.
    DENARO_DATABASE_PASSWORD, default to an empty string.
    DENARO_DATABASE_NAME, default to denaro.
    DENARO_DATABASE_HOST, default to 127.0.0.1.

How to do it ? Please explain in details, step by step. What file should I modified etc.
skrtdev (OP)
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December 12, 2021, 08:29:15 PM
 #14

You can set them inline in the command like:
Code:
DENARO_DATABASE_USER='user' uvicorn denaro.node.main:app --port 3006 --workers 2
.
Join the telegram group for more dedicated help: https://t.me/denarogroup
Sir_Astral
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December 14, 2021, 01:36:54 PM
 #15

Discord?
skrtdev (OP)
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December 14, 2021, 03:30:10 PM
 #16

There is no discord server yet
2rj4k
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December 19, 2021, 04:17:30 AM
 #17

Sounds interesting!
aces777
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December 20, 2021, 04:44:53 PM
 #18

Since python is the only programming language I know this might be interesting. But I feel like there's many reasons other crypto purposely didn't use this language!

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December 20, 2021, 09:38:05 PM
 #19

Crypto is an unlimited untapped venture

Some of the new innovations in crypto will seem like a joke many years ago

I think he should go on and find whatever is the reason behind the non usage by himself
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December 20, 2021, 09:58:50 PM
 #20

Python is used by other new cryptos(STLX) as well. Its more about the amount of developers behind a crypto and the language in which they forte.

P.S. I think miner should be in C++ (fast, good interfacing with OPENCL and CUDA for gpu mining). I am yet to dive into any blockchain code, but I believe most of ETH codebase is in go language which provides a lot of concurrency/multithreading/etc support(I am weak in go).
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