Topic: How can I create an altcoin that can't be mined, only get them by me giving (Read 1836 times)
March 15, 2014, 12:00:40 AM
maybe i want create one too
March 13, 2014, 10:46:23 PM
what we need is de-centralized currency. bitcoin is perfect for that
March 13, 2014, 08:19:51 AM
I can clone that for you, pm me pls.
March 13, 2014, 05:57:40 AM
Perhaps looks at what Bitcoin2.0 protocols are looking to offer.. MasterCoin; CounteryParty; NXT; BitShares all potentially might shortly offer easy options to issue your own coins.
March 13, 2014, 03:54:07 AM
Good call!
Anyone have an idea where I can find a tutorial to accomplish this? Being a super noob in this area... Or any idea what a fair cost would be to set this up?
Anyone have an idea where I can find a tutorial to accomplish this? Being a super noob in this area... Or any idea what a fair cost would be to set this up?
http://coingen.bluematt.me/
you can choose how many pre-mine
which fields allow you to choose how many premine ? i posted before i want ot make a coin for my club and want to 100% premine but no one answered me. plz help
March 13, 2014, 03:50:36 AM
Just setup one raspberry pi to keep the transfers going?
March 13, 2014, 12:00:56 AM
someone on forum makes coins too.
https://bitcointalksearch.org/topic/cryptolife-development-altcoin-creation-cryptocurrency-services-provider-208578
https://bitcointalksearch.org/topic/cryptolife-development-altcoin-creation-cryptocurrency-services-provider-208578
March 12, 2014, 09:12:21 PM
March 12, 2014, 08:48:09 PM
Good point, I didn't think about that. I guess if you don't publicly release the coin it isn't likely that you would be attacked. I don't think it's likely anyways because it sounds like your coin is just for fun, but predicting what people may or may not do is futile. 
Have fun!
Have fun!
March 12, 2014, 08:33:48 PM
With no block reward there is no incentive to protect the network. Don't be surprised if someone jumps on your chain to troll you and steal your premine.
(cue BitcoinExpress post in 4... 3.. 2... 1...) (I say that lovingly BCX, I find your banter amusing myself)
Great minds think alike?
(cue BitcoinExpress post in 4... 3.. 2... 1...) (I say that lovingly BCX, I find your banter amusing myself)
And who will mine it?
Since no one will get the coins by mining I doubt someone will mine it!
Since no one will get the coins by mining I doubt someone will mine it!
Great minds think alike?
Not sure how big a difference it makes, but none of the 10 - 15 people (at max) using the wallet / system, have any knowledge on mining or crypto currency in general, hence, i am confident no one of this private crowd can do much with it. Plus, since it would be a small private group, and myself only giving out the coins, i would know if someone obviously acquired an amount I didn't personally give out. Though I would like members of the group to be able to trade with each other, Im confident no one can do any serious damage within the group
March 12, 2014, 08:31:24 PM
And who will mine it?
Since no one will get the coins by mining I doubt someone will mine it!
Since no one will get the coins by mining I doubt someone will mine it!
Well I guess as others have mentioned, I could mine the first (and only) block for the entire lot of coins. However I dont even know where to begin acquiring a custom wallet (for myself and to distribute), name, and potential logo.
March 12, 2014, 08:30:40 PM
With no block reward there is no incentive to protect the network. Don't be surprised if someone jumps on your chain to troll you and steal your premine.
(cue BitcoinExpress post in 4... 3.. 2... 1...) (I say that lovingly BCX, I find your banter amusing myself)
Great minds think alike?
(cue BitcoinExpress post in 4... 3.. 2... 1...) (I say that lovingly BCX, I find your banter amusing myself)
And who will mine it?
Since no one will get the coins by mining I doubt someone will mine it!
Since no one will get the coins by mining I doubt someone will mine it!
Great minds think alike?
March 12, 2014, 08:28:58 PM
And who will mine it?
Since no one will get the coins by mining I doubt someone will mine it!
Since no one will get the coins by mining I doubt someone will mine it!
March 12, 2014, 08:27:33 PM
Use this:
Mine the first block, and voala, you have 100000 coins. other blocks has 0 reward.
Code:
int64 static GetBlockValue(int nHeight, int64 nFees)
{
int64 nSubsidy = 0 * COIN;
if (nHeight == 0)
return 50 * COIN; // genesisblock coins
if (nHeight == 1)
nSubsidy = 100000 * COIN;
return nSubsidy + nFees;
}
{
int64 nSubsidy = 0 * COIN;
if (nHeight == 0)
return 50 * COIN; // genesisblock coins
if (nHeight == 1)
nSubsidy = 100000 * COIN;
return nSubsidy + nFees;
}
Mine the first block, and voala, you have 100000 coins. other blocks has 0 reward.
How about the custom wallet (for that coin) creation? As well as naming it? That's pretty much all I'd like. Say a million (or over) coins, a wallet I can distribute, a personalized name and even icon. No mining information needed, just a wallet distribution with my 'host wallet' having all the coins. Obviously I'm beyond noob at this...
March 12, 2014, 08:26:12 PM
put all the coins on the first block.
March 12, 2014, 08:25:27 PM
I would also say, set a fixed diff, (if that can be done) do so that this way the blocks keep moving for tx's
March 12, 2014, 08:24:14 PM
Use this:
Mine the first block, and voala, you have 100000 coins. other blocks has 0 reward.
Code:
int64 static GetBlockValue(int nHeight, int64 nFees)
{
int64 nSubsidy = 0 * COIN;
if (nHeight == 0)
return 50 * COIN; // genesisblock coins
if (nHeight == 1)
nSubsidy = 100000 * COIN;
return nSubsidy + nFees;
}
{
int64 nSubsidy = 0 * COIN;
if (nHeight == 0)
return 50 * COIN; // genesisblock coins
if (nHeight == 1)
nSubsidy = 100000 * COIN;
return nSubsidy + nFees;
}
Mine the first block, and voala, you have 100000 coins. other blocks has 0 reward.
March 12, 2014, 08:23:50 PM
Good call!
Anyone have an idea where I can find a tutorial to accomplish this? Being a super noob in this area... Or any idea what a fair cost would be to set this up?
Anyone have an idea where I can find a tutorial to accomplish this? Being a super noob in this area... Or any idea what a fair cost would be to set this up?
http://coingen.bluematt.me/
you can choose how many pre-mine
March 12, 2014, 08:18:48 PM
Good call!
Anyone have an idea where I can find a tutorial to accomplish this? Being a super noob in this area... Or any idea what a fair cost would be to set this up?
Anyone have an idea where I can find a tutorial to accomplish this? Being a super noob in this area... Or any idea what a fair cost would be to set this up?
March 12, 2014, 08:10:29 PM
This is sooooooooooooo easy, just create a 100% premined coin, and you have all the coins, you can give to whoever the coins and distribute them any way you want. Trivial to do.
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