Creating our own Coin | Bitcointalksearch.org

iopq

hero member

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Quote from: rikkejohn on April 01, 2014, 07:47:38 PM

just buy one from coincreator, then mine it all yourself - set easy parameters

no, it would be better if it was proof of stake in this case since it wouldn't need to be mined

and even if it is proof of work with transaction fees, it would be better if it was premined from block 1 instead of manually mined

rikkejohn

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just buy one from coincreator, then mine it all yourself - set easy parameters

cryptowho

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Ask me about Karmacoin

Quote from: R2D221 on April 01, 2014, 06:10:29 PM

Quote from: roslinpl on April 01, 2014, 02:20:12 PM

Quote from: GaltsGulchOrganics on April 01, 2014, 02:07:41 PM

Although it is the first of April we are indeed serious about this.

"We would want it to be 100% premined"

great idea Tongue

great as for 1st of April Tongue

As far as I understand, this would be for private usage (think of things like "Facebook coins", they are not to be spent on things outside Facebook). So, in this sense, I see no problem with it being premined.

Unfortunately, I don't have the skills to help with the development of this project.

exactly. seems like they just want to own the coins and give them out to their customers. So technically they are not looking to scam

R2D221

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Activity: 658

Merit: 500

Quote from: roslinpl on April 01, 2014, 02:20:12 PM

Quote from: GaltsGulchOrganics on April 01, 2014, 02:07:41 PM

Although it is the first of April we are indeed serious about this.

"We would want it to be 100% premined"

great idea Tongue

great as for 1st of April Tongue

As far as I understand, this would be for private usage (think of things like "Facebook coins", they are not to be spent on things outside Facebook). So, in this sense, I see no problem with it being premined.

Unfortunately, I don't have the skills to help with the development of this project.

GaltsGulchOrganics

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Activity: 61

Merit: 10

Freedom Farming

premined in the sense that there is no mining mechanism as we will be the sole issuer. I suppose "premined" makes people uneasy

Onar

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Merit: 10

I am already started developement of something similar....

roslinpl

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Quote from: GaltsGulchOrganics on April 01, 2014, 02:07:41 PM

Although it is the first of April we are indeed serious about this.

"We would want it to be 100% premined"

great idea Tongue

great as for 1st of April Tongue

GaltsGulchOrganics

member

Activity: 61

Merit: 10

Freedom Farming

Although it is the first of April we are indeed serious about this.

roslinpl

legendary

Activity: 2212

Merit: 1199

1st of April makes people more creative Tongue

I like it!

Cheers!

GaltsGulchOrganics

member

Activity: 61

Merit: 10

Freedom Farming

Hello Everyone

We are experimenting with the idea of creating our own coin for various things.

We imagine we would like to create it for store credit or perhaps a coupon like system.

We would want it to be 100% premined in the sense that the coin itself will be centralized and issued only by us.

We would like it to be entirely independent from other blockchains.

Can anyone give us humble farmers a run down on how to do something like this?

Topic: Creating our own Coin (Read 549 times)