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Author Topic: How can I create a coin for a private network?  (Read 653 times)
Johni_8 (OP)
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June 03, 2014, 11:22:17 PM
 #1

I want to create a coin for my company private network and to use within our company only.  I have read a lot of articles, and all have show how one can go about create a new coin, but not how to set one up in a private network.  I have background in programming using Vb and I understand some C++.  It will take me forever just to decipher the code in C++ and understand how crypto-coins network protocol work.  I was wondering if someone can help and point me in the right direction.

Thanks
John
piotr_n
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June 03, 2014, 11:31:34 PM
 #2

The idea of decentralized currency is about proof-of-work function, that is protected by the mining process.

You probably don't need to create a decentralized currency like this for your company private network.

Check out gocoin - my original project of full bitcoin node & cold wallet written in Go.
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ThomasMuller
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June 03, 2014, 11:34:09 PM
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I suggest you take a look at Coloredcoins. Sounds like you could use it!
ffe
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June 04, 2014, 02:53:12 AM
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Use the Ripple client. They have an online wallet and they allow you to create and issue your own company currency. Create and transfer your currency between company accounts to your heart's content.
cinnamon_carter
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June 04, 2014, 02:57:39 AM
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google the classic guide by shak3zula

how to create scrypt coins for hobby and profit 

sorry i don't have a link.... good luck

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KyrosKrane
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June 04, 2014, 05:07:16 AM
 #6

Ars Technica (the Web site) recently had some fun generating a custom coin, which readers could mine and then redeem for nifty perks on the site, like hats on their usernames. They posted a series of articles about how they set it up; here's the main one you'd be interested in. Maybe you could use it as a guide, or a starting point for your research.

http://arstechnica.com/business/2014/03/behold-arscoin-our-own-custom-cryptocurrency/

They used a Web site to create the new altcoin, including custom node and wallet apps.

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picopicopico
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June 04, 2014, 07:08:05 AM
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in the standard bitcoin github tree there'a "qa" folder that contains some tests. In particular there's "wallet.sh" which tests basic block generation and wallet functionality in a local environment of 3 nodes. You can use that as a starting point setup for your private bitcoin network.
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