Bitcoin Forum
May 24, 2018, 08:07:23 PM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: How to create a POS coin, is this correct?  (Read 472 times)
supercanada1
Sr. Member
****
Offline Offline

Activity: 588
Merit: 250



View Profile
June 06, 2015, 06:07:40 PM
 #1

I want to create a POS coin and here:
1. I use POW such as X11 to premine coins in genesis block and the 2nd block, then after block 3, I set the reward to 0 after block 3.
2. set LAST_POW_BLOCK=4
3. I also set the aanual rate etc for POS

This means, after block 4, the POW will stop? so after block 4,
1. whether I still need to mine in order to keep sync?
2.if somebody just leave the wallet open and NOT mine, whether the sync can still be kept?
3. no cpu resource will be used after block 4, correct?
Thanks

1527192443
Hero Member
*
Offline Offline

Posts: 1527192443

View Profile Personal Message (Offline)

Ignore
1527192443
Reply with quote  #2

1527192443
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1527192443
Hero Member
*
Offline Offline

Posts: 1527192443

View Profile Personal Message (Offline)

Ignore
1527192443
Reply with quote  #2

1527192443
Report to moderator
1527192443
Hero Member
*
Offline Offline

Posts: 1527192443

View Profile Personal Message (Offline)

Ignore
1527192443
Reply with quote  #2

1527192443
Report to moderator
1527192443
Hero Member
*
Offline Offline

Posts: 1527192443

View Profile Personal Message (Offline)

Ignore
1527192443
Reply with quote  #2

1527192443
Report to moderator
Crestington
Legendary
*
Offline Offline

Activity: 854
Merit: 1020



View Profile
June 07, 2015, 04:09:44 AM
 #2

Instead of making a hundred threads asking one question each, how about using google and testing it out.
muddafudda
Legendary
*
Offline Offline

Activity: 980
Merit: 1000



View Profile
June 07, 2015, 02:24:05 PM
 #3

Instead of making a hundred threads asking one question each, how about using google and testing it out.

Bahahaha. I was thinking the same thing.


            █ █ █ █ █
         ██           ██
       ██     █ █ █ █   ██
     ██    ██        ██
   ██   ██               
  ██   ██     ████████                  ██████████
            ███          ██   █████████     ██      ██████  ██   ███████  ██    ███   ███████
 ██   ██    ███              ██      ███    ██      ██          ███       ██   ███  ██
 ██   ██    ███  ██████  ██  ██      ███    ██      ██      ██  ███       ██  ███   ██
            ███      ██  ██  ██      ███    ██      ██      ██  ███       ██████     ███████
 ██   ██    ███      ██  ██  ██      ███    ██      ██      ██  ███       ██  ██           ██
             ██      ██  ██  ██      ███    ██      ██      ██  ███       ██   ███         ██
 ██   ██      ███████    ██   █████████     ██      ██      ██   ███████  ██    ███  ███████
  ██   ██                           ███
   ██    ██          ██            ███
     ██    ██ █ █ █ █   ██
       ██             ██
          █ █ █ █ █ █
























Telegram     Facebook     Twitter     Medium
-------------------------------------------------------------------
.WEBSITE. |█| .WHITEPAPER.












......BOUNTY......
-----------------------------------
..ANN THREAD..
jwinterm
Legendary
*
Offline Offline

Activity: 1596
Merit: 1016



View Profile
June 08, 2015, 12:25:44 AM
 #4

Maybe just PM iGotSpots. That dude has made like 500 scamPoS coins.
YarkoL
Legendary
*
Offline Offline

Activity: 987
Merit: 1000



View Profile
June 08, 2015, 07:51:43 AM
 #5

Actually these kind of questions are not easily answered
by googling.

But... you're moving too fast, without understanding the
basic stuff.

Think about it. What does it mean for "PoW to stop"?
What does the LAST_POW_BLOCK in code mean and how
it is used? How are the PoS blocks mined?

“Civilization is a hopeless race to discover remedies for the evils it produces.”
― Jean-Jacques Rousseau
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!