Welcome,
I've seen many scamcoins hitting the exchanges lately and I'm beginning to think that creating an altcoin is easier than it seems.
So the big question is, how is it done?
I want to create a mini economy which my friends and I can test out, probably something similar to HyperStake.
Everyone knows that BTC/altcoins are open source, but how do you change the code/settings and what else is needed to run a coin? (e.g nodes..)
Thanks,
Enzyme
I've seen many scamcoins hitting the exchanges lately and I'm beginning to think that creating an altcoin is easier than it seems.
So the big question is, how is it done?
I want to create a mini economy which my friends and I can test out, probably something similar to HyperStake.
Everyone knows that BTC/altcoins are open source, but how do you change the code/settings and what else is needed to run a coin? (e.g nodes..)
Thanks,
Enzyme
Even if you are able to create an altcoin, it doesn't hit an exchange simply. There has to be something innovative, and a mass adoption by people has to happen, before exchanges pick it up. If there is negligible trade volume, exchanges will not consider adding the coin to their exchange.
Here is a thread with more info.
https://bitcointalksearch.org/topic/a-psuedo-guide-on-how-to-build-an-altcoin-help-fill-in-gaps-193025
But these threads are not sufficient to be able to create the more modified coins.
