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Topic: How can I create an altcoin that can't be mined, only get them by me giving (Read 1832 times)

sr. member
Activity: 322
Merit: 250
Super Smash Bros. Ultimate Available Now!
maybe i want create one too  Grin
newbie
Activity: 42
Merit: 0
what we need is de-centralized currency.  bitcoin is perfect for that
full member
Activity: 210
Merit: 100
I can clone that for you, pm me pls.
sr. member
Activity: 531
Merit: 260
Vires in Numeris
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.
full member
Activity: 532
Merit: 100
PrimeDAO - An Adoption Engine for Open Finance
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?

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
legendary
Activity: 1946
Merit: 1007
Just setup one raspberry pi to keep the transfers going?
legendary
Activity: 1204
Merit: 1000
to your stations, man the pineapples!!!
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
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.  Smiley

Have fun!
full member
Activity: 175
Merit: 100
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)  Grin

And who 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
full member
Activity: 175
Merit: 100
And who 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.
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
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)  Grin

And who will mine it?
Since no one will get the coins by mining I doubt someone will mine it!

Great minds think alike?
legendary
Activity: 1232
Merit: 1002
And who will mine it?
Since no one will get the coins by mining I doubt someone will mine it!
full member
Activity: 175
Merit: 100
Use this:

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;
}

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... Sad
legendary
Activity: 2198
Merit: 1014
Franko is Freedom
put all the coins on the first block.
sr. member
Activity: 350
Merit: 250
https://cryptassist.io
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
hero member
Activity: 525
Merit: 531
Use this:

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;
}

Mine the first block, and voala, you have 100000 coins. other blocks has 0 reward.
legendary
Activity: 1050
Merit: 1000
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?

http://coingen.bluematt.me/

you can choose how many pre-mine
full member
Activity: 175
Merit: 100
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?
full member
Activity: 195
Merit: 100
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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