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Topic: Creating Your Own CryptoCurrency (An actual guide, not an Easter Egg Hunt) - page 3. (Read 1880 times)

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Activity: 98
Merit: 11
Someone was asking which kind of Coin is best to make, and this came up, so I am going to explain it here for everyone.

I mentioned that Cryptonote is the easiest, and probably the most supported, with Scrypt coins (like Litecoin) being 2nd, and the person asked "Isn't Cryptonote based on their currency and it's not really its own thing", so let me explain that for everyone.

First there was Bitcoin, then Litecoin. Bitcoin is the SHA algorithm, and Litecoin is Scrypt. So they are 2 completely different kinds of Coins, but then there are Coins like Doge Coin, which is the exact same as Litecoin, but it has a different number of blocks and coins and a new Genesis Block. With a new Genesis Block, it is a new Blockchain; this is called "Cloning" but creates something that is entirely independent and new. If you use the same Genesis Block, that is when you are "Forking", Forking is using he same Blockchain but giving it a new name, and it's like a Fork in the road. Everyone that had the old coin, will have your coin, because your coin is using the old part of the Blockchain, but at that Fork in the road, everything becomes a new coin. But everyone that had a supply of the old Coin, can download a wallet and have just as many of your new Coin, but to get more they have to mine or stake your new coin. Examples of Forks are BitcoinCash and BitcoinGold.

So that is how new Coins are made. Most coins are Clones or Forks.
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Activity: 98
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Just so everyone can have some info that most people don't have about Bitcoin, I was there when Bitcoin was $5 each, and the only place you could really spend them was on the Silk Road, and we had to go out and mass email companies to ask them to start accepting Bitcoins...

Bitcoin will run out, eventually when people mine them, they will no longer come out. So how does the Bitcoin network keep moving at that Point? At that Point, other Coins have to be mined, like Litecoin or Ethereum, or Coins that don't exist yet but will exist by the time Bitcoin runs out of Coins. And they will be mined in Pools with Bitcoin and they will be paid in the other Coins.

Then Forking, people were not sure how Forks would work, and when Ethereum was first forked because of a Giant Ethereum Hack, they didn't expect people to keep using the Old one. But that is how Ethereum Classic was made, and everyone who had Ethereum Classic (the old Ethereum) also has Ethereum on the new Fork Blockchain, meaning they pretty much doubled their money (but Ethereum Classic is not worth as much). Then there was SegWit and all that, which created Bitcoin Cash and Bitcoin Gold and all those, which did the same as Ethereum and gave everyone the same amount of each one that they had of Bitcoin.

And I will get into more stuff as this goes on, but I just want everyone to have some understanding of what we figured out as Bitcoin grew and we all discussed what the future (now and soon) were going to look like for Bitcoin.
member
Activity: 98
Merit: 11
The Temple Coin group is going to be launching a Cryptonote, which will also be our first Town based Coin, in the next few days. But first we are creating a Cryptonote Mining Pool.
member
Activity: 98
Merit: 11
Temple Coin now has no more Mine-able Blocks. Now, mining simply allows the Network to keep moving forward, and allows your 8% interest per year to appear in your wallet.

If you want Temple Coins now, you either have to have some already and get the 8% interest, or complete Bounties (which are really simple tasks, such as creating logos and things like that).

Here are the Specs of Temple Coin so that everyone can see that this Coin is going to go way up in value. It's not like Doge Coin.

Algorithm    Scrypt
Type    PoS
Abbreviation    TMPC
Total coin supply    138461538 coins
Premine percent    9%

The Premine exists so I can give out Coins for free, I have already handed out over 1,000,000 Coins. I will only keep about 1% of the premine for the Purpose of Building a Temple and filling it with everything we need to start a movement.

Post your wallet address and I will send you ॐ 1,000‬

Create a Cryptonote Mining Pool for the Temple coin Community, and I will send you  ॐ 30,000‬

If you are outside the United States, let me know and let me know that you want to share Temple Coins for Free with people in your Country to spread the, and I will send you ॐ 50,000‬

Because the total supply is 138461538, once the Premine has been mostly handed out, and the Coins are spread around the world, the Coins will be valuable because 138461538 is not a lot of Coins. Which is only about 6x the number of Bitcoins that will ever exist, meaning it could end up being 1/6 the price of Bitcoin (which is about $2000 each). But even if it is 10 cents each, or $1 each, or $5 each, none of us will ever have to work again.
member
Activity: 98
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This will be the Currency symbol for Temple Coin


One will be like change or Satoshi, and the other one will be like Dollars or full Bitcoins.


For example, if you wanted to say 10,000 Temple Coins, now you just say

ॐ 10,000
member
Activity: 98
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If you do not live in the United States or Canada, and you would like to be an Emissary for Temple Coin; contact me and if I think you will be a good Emissary, I will give you 50,000 Temple Coins so that you can give them out 500 or 1,000 at a time to anyone in your Country who wants them.

Contact me if you would like to be an Emissary for Temple Coin.
member
Activity: 98
Merit: 11
Books and Essays to Read:
Civil Disobedience -Henry David Thoreau
The Federalist Papers -Alexander Hamilton
The Anti-Federalist Papers -Anonymous
The Prince -Niccolo Machiavelli
Our Word is Our Weapon -Subcommandante Marcos
Philosophy and Opinions of Marcus Garvey
Steal This Book -Abbie Hoffman
Rules for Radicals -Saul Alinski
Psychological Operations in Guerilla Warfare -CIA
On Guerilla Warfare -Mao Tse Tung
The Art of War -Sun Tzu
Polybius
Josephus
Livy
The Republic -Plato
Politics -Aristotle
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Activity: 98
Merit: 11
"You can't form this with no education. Let me give you an example. Jomo Kenyatta formed the [Kenyan] Revolution with no education, and in the end Jomo told those motherfuckers "I'm your brother I'll help you lead the Revolution but now I'm gonna oppress you". Another example Papa Doc in Haiti hated everything white, you couldn't put this white piece of paper in front of Papa Doc's face. But he moved all the white people out then he took over to be the oppressor, because of no education. If the people had been educated they would have said, we don't hate the white people we hate the oppressor, whether he be white, black, brown or yellow. So we need an educational program to find out what it's going to be in the finale. Jomo Kenyatta is called not a Revolutionary but an Ex-Revolutionary, so is Papa Doc, they brought on successful Revolutions. That thing in the Mau Maus and Bantu Freedom Fighters, all that kind of action. What we are talking about is the end, you don't judge Castro now, no one in this room can judge if Castro is going to be a Revolutionary. We're talking about things with China, the People's Republic, and even at the stage they're in now talking about going further into a Communistic State. Without education the people will take this local foundation and start stealing money because they won't understand how it is the people's thing anyway. You might get people caught up because they are poor and they want something, and if they aren't educated they'll want more, and before you know it they'll be capitalists and before you know it we'll have black imperialists"
-Fred Hampton
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Activity: 98
Merit: 11
Temple Coin [TMPC] is looking for people to fulfill Bounties.

Temple Coin is a coin operated by a Group of Hindus, including my self, who are mainly from Texas (the Dallas area). We premined 9% of the Coin to use to hand out for free, and for Bounties, and to use for the Benefit of the Temple Coin Community and to start a real Physical Temple; and only 10,000 Blocks are mine-able, and are currently being mined by people on Facebook, Twitter and Google+. There will only ever be 112,000,000 Temple Coins, ever, and at an 8% interest (PoS), it will take something like 20 years for all of the Coins to come out, and it isn't a large amount even when they are all out.

This coin was only started 3 days ago, and has not yet been announced as a Coin here on Bitcointalk, and we already have 20+ users.

We are looking for people who can complete Temple Coin Bounties. If you are a Programmer, or Graphic Designer, or if you have any kind of skill that you think could help the Temple Coin Community, come to this chat room and let us know (it's only day 3, so not a lot of people in their 24/7 yet). But if you make a Temple Coin Wallet and post the Address here, you will get 1,000 Free Temple Coins, and if you can complete Bounties that we will give you everything you need to Complete; come join Temple Coin.

This is our Chat
https://innovanon-inc.github.io/LHP/TempleCoin/index.html

This is the first 3 Days of Temple Coin. This is your chance to get in. In 2 months, it will be too late.
member
Activity: 98
Merit: 11
Once Temple Coin is up and going, we will creating not only a Physical Temple, but we will be creating our own Wired and Wireless Networks. And we will provide Free Internet and Phone Service to Temple Members.
http://shaivitetemple.org/creating-cellular-wireless-wired-networks/

And as we begin creating these Networks we will start creating Temple Systems, which will be based on Expert Systems from the 70s (which was thought to be Artificial Intelligence, but is more like a Digital Interactive Encyclopedia about a single topic, that can guide you through processes)
http://shaivitetemple.org/temple-systems/

And eventually, we will start making Solar Powered Generators for Coin Mining (we will not aim the Solar Panels at a Battery, and mine with that Battery, we will point them at a Generator and then use the Generator to Mine. This is how Solar Panels should be used, not the way they are used not to point directly at Appliances). Then eventually we will get a Giant Alternator and start giving out Free Electricity.
http://shaivitetemple.org/electricity-and-photovoltaics/
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Activity: 182
Merit: 10
I am not really into programming but this is very informative maybe someday i will create a good coin too.
member
Activity: 98
Merit: 11
I am not going to post too much information yet, but if anyone would like to download my First Coin's wallet, you can download it here.
https://drive.google.com/file/d/1t1IAhjXCxbEKIOkbz_oBjO-GhRlmMMaN/view?usp=sharing
member
Activity: 98
Merit: 11
Just to keep everyone updated. For the first month, I will not be trying to get Temple Coin on an Exchange.For the First Month I will just be telling people to create Wallets, and I will send them 1,000 Free Temple Coins if they send me their Wallet address, and people can Mine Coins for the first 7 days (1 day is already up, only 6 left); and those Coins will grow at an 8% rate per year. After the 7 Days, Temple Coin will become a Bounty Coin. So if you want more than 1,000 Coins, and you are not able to Mine, you will be able to get Temple Coins for doing various things. For example, we might need a Flyer written up, or another Logo, or a new Node Opened, or some other random thing, and we will begin to distribute Coins as Bounties for simple tasks.

Consider this the Temple Coin ICO, and it doesn't cost you any money. Then, after about a Month, we will go to the Exchanges and these Coins you have will be worth money.
member
Activity: 98
Merit: 11
This is what I mean when they say that they are making this an Easter egg hunt. Everyone is just like "Get 2 Ubuntu servers", and the word DNS seed is mentioned when they say to put your IP, but no one even hints that DNS involves all of this
https://www.digitalocean.com/community/tutorials/how-to-set-up-a-host-name-with-digitalocean
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Activity: 98
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FINAL STEP OF THE COIN
We just need someone to set up a Seed Node, someone who understands Servers at least on a basic level, and once the seed note is set up, we are in business. Contact me if you can set up a Seed node, I have 2 VPSs from Digital Ocean. These instructions only work on older version of Ubuntu apparently, but here is what we need to do.
http://forknote.net/guides/setup-private-blockchain/
http://forknote.net/guides/starting-seed-node/
member
Activity: 98
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Cryptonote Seednode and Blockchain creation guide

After you compile your coin 1x, use this
http://forknote.net/guides/setup-private-blockchain/

And then connect seed nodes, then do the 2nd compile.
http://forknote.net/guides/starting-seed-node/

This is it though. This is the last step. This connects the daemon on the computer, to the Blockchain on the server, allowing other computers to sync up with the blockchain, and begin mining.
member
Activity: 98
Merit: 11
Oh, wow. Ok, this is the kind of guide I have been looking for. Here we go everyone. This is about to get easy.

https://bitcointalksearch.org/topic/create-your-own-cryptonote-currency-and-mining-pool-easily-2127566

Quote
Run Step by Step Below Commands on VM Instance, Ubuntu, 2 vCPU with 8 or 13 GB Ram:-

--------------------------------------------------
Creating Your Own Mining Pool
============================

sudo apt-get install git

sudo apt-get install redis-server

sudo apt-get install libboost1.55-all-dev

sudo apt-get install nodejs-dev

sudo apt-get install nodejs-legacy

sudo apt-get install npm

sudo apt-get install cmake

sudo apt-get install libssl-dev

git clone https://github.com/fancoder/cryptonote-universal-pool.git pool

cd pool

npm update

nano config.json

Replace XDN Wallet Address:
ddeTPyKKxV4dSfpnPG9H5HbLXnRmJ2HKvVG3u6zwvJYY1TkSwoVRNJYgUw7wMnJH82FS8noajsHKGiN ABUygXMdm1oKjojAHf

node init.js

--------------------------------------------------
Creating Your Own Cryptocurerncy
============================
apt-get update

apt-get dist-upgrade

sudo dd if=/dev/zero of=/mnt/myswap.swap bs=1M count=4000

sudo mkswap /mnt/myswap.swap

sudo swapon /mnt/myswap.swap

sudo chmod 777 /etc/fstab

nano /etc/fstab

/mnt/myswap.swap none swap sw 0 0

Now your swap is setup, you can modify the size in the future if you need more or less.

sudo apt-get install build-essential libtool autotools-dev autoconf pkg-config libssl-dev

sudo apt-get install libboost-all-dev git npm nodejs nodejs-legacy libminiupnpc-dev redis-server

sudo add-apt-repository ppa:bitcoin/bitcoin

sudo apt-get update

sudo apt-get install libdb4.8-dev libdb4.8++-dev

sudo curl https://raw.githubusercontent.com/creationix/nvm/v0.16.1/install.sh | sh

source ~/.profile

nvm install 0.10.25

nvm use 0.10.25

mkdir digitalnote

cd digitalnote

sudo git clone https://github.com/xdn-project/digitalnote.git

sudo cmake

sudo make

cd /build/release/src

./digitalnoted

-------------------------------------------------------------------------
Three Websites for majority of solution:-

01. http://betbybitcoin.com/setup-monero-mining-pool-using-node-cryptonote-pool/

02. https://github.com/fancoder/cryptonote-universal-pool/blob/master/README.md#usage

03. https://github.com/xdn-project/digitalnote (Cloning Link)

--------------------------------------------------------------------------
Donate if You LIke, I will use it for :-

01. Running My Google Cloud VM.
02. Mining Pool and Hosting Node on Google Cloud.

Bitcoin               = 18msSmpKxN3iCAURQ5whTnq97q3Z1VrLxW
Dash                 = Xkw5STBzT9sfDrouzPupYetVfQ7b3ypLyj
DigiByte              = DEYFFFratz1fTsW3xQZgXEDdi2MWb4h3Qn
Dogecoin              = D6LNCrVryeDidDxJQTJ265kaKNJ6ZHTFqk
Ethereum Classic   = 0x382f11ed930b0ff1b48cefcdf747715e0a6dc44a
Ethereum              = 0x0af5d65a269aa3156657370fec07b1d2b4c9e757
Litecoin              = LgKitsRMirj5sEvGA8Zcmu63vrrLKBkjtZ
NXT                 = NXT-VPY7-BSLP-MJBV-FRK4S
Zcash         = t1XNkQ5fEQa1XmrdqbxtSyDrNBva26VJ96w
member
Activity: 98
Merit: 11
There is also a way to clone the Steemit Blockchain, I assume it is a lot more complicated than Litecoin (maybe not), but this all needs to start becoming more open. Satoshi didn't release this technology for free so that people could use it as a Trade Secret.
https://steemit.com/steemit/@contentjunkie/a-comparison-of-steem-steemit-clones-and-competitors-and-why-they-made-me-invest-more-here
https://steemit.com/steemit/@artakan/how-to-build-your-own-steemit-com-website
member
Activity: 98
Merit: 11
And that is Cryptonote, if you want to Clone Litecoin, here is some info. I will add to it soon, the first coin I am making (and not sharing here) will be a Litecoin Clone.
https://bitcointalksearch.org/topic/coin-making-guides-1877786
member
Activity: 98
Merit: 11
Interesting information but a little bit technical. I think the issue is very informative and helpful for beginners. Keep up sharing and the blockchain technology gospel will spread very fast.

The non-"technical" version, with 100% of the errors that you may encounter along the way, can be found here
https://bytecointalk.org/showthread.php?tid=1218
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