interesting thread, thanks!
Thank you for your interest 
Topic: How do you create an altcoin? - page 11. (Read 21825 times)
interesting thread, thanks!
I know there's an old post in this forum that explains clearly how to make that genesis block
And the hunt begins 
I know there's an old post in this forum that explains clearly how to make that genesis block
Have we come to the consensus that no one in this thread (currently) knows how to start going about creating the genesis block?
Best I can find:
Merkle root
Every transaction has a hash associated with it. In a block, all of the transaction hashes in the block are themselves hashed (sometimes several times -- the exact process is complex), and the result is the Merkle root. In other words, the Merkle root is the hash of all the hashes of all the transactions in the block. The Merkle root is included in the block header. With this scheme, it is possible to securely verify that a transaction has been accepted by the network (and get the number of confirmations) by downloading just the tiny block headers and Merkle tree -- downloading the entire block chain is unnecessary. This feature is currently not used in Bitcoin, but it will be in the future.
https://en.bitcoin.it/wiki/Vocabulary
However... it's still nebulous as to 'how' it's initially created.
Merkle root
Every transaction has a hash associated with it. In a block, all of the transaction hashes in the block are themselves hashed (sometimes several times -- the exact process is complex), and the result is the Merkle root. In other words, the Merkle root is the hash of all the hashes of all the transactions in the block. The Merkle root is included in the block header. With this scheme, it is possible to securely verify that a transaction has been accepted by the network (and get the number of confirmations) by downloading just the tiny block headers and Merkle tree -- downloading the entire block chain is unnecessary. This feature is currently not used in Bitcoin, but it will be in the future.
https://en.bitcoin.it/wiki/Vocabulary
However... it's still nebulous as to 'how' it's initially created.
In addition 5th said you need a valid Merkle root... that the one in his code was for illustration.
Someone with experience will need to chime in on that one.
Truth be told I dig deep and deep in Bitcoin's source and it does some kind of serialization of objects and stuff and finally produces a merkle root hash..seriously ridiculously hard to even figure out what the hell happens. Someone with experience will need to chime in on that one.
Your post count is 666 and you mentioned hell on your 666 post. :|
In addition 5th said you need a valid Merkle root... that the one in his code was for illustration.
Someone with experience will need to chime in on that one.
Truth be told I dig deep and deep in Bitcoin's source and it does some kind of serialization of objects and stuff and finally produces a merkle root hash..seriously ridiculously hard to even figure out what the hell happens. Someone with experience will need to chime in on that one.
Your post count is 666 and you mentioned hell on your 666 post. :|
I would like to create a coin :O, one that is not GPU dependent. I have been developing a FPS on and off the last year so perhaps I could create a video game and you mine coins in game? I actually also like the idea of creating a coin that some how rewards ethical work. Can anyone point me to a tutorial, preferably noob proof.
There are no tutorials, thats why this thread was created 
I would like to create a coin :O, one that is not GPU dependent. I have been developing a FPS on and off the last year so perhaps I could create a video game and you mine coins in game? I actually also like the idea of creating a coin that some how rewards ethical work. Can anyone point me to a tutorial, preferably noob proof.
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
In addition 5th said you need a valid Merkle root... that the one in his code was for illustration.
Someone with experience will need to chime in on that one.
Truth be told I dig deep and deep in Bitcoin's source and it does some kind of serialization of objects and stuff and finally produces a merkle root hash..seriously ridiculously hard to even figure out what the hell happens. Someone with experience will need to chime in on that one.
In addition 5th said you need a valid Merkle root... that the one in his code was for illustration.
Someone with experience will need to chime in on that one.
What is the Merkle root? Someone with experience will need to chime in on that one.
In addition 5th said you need a valid Merkle root... that the one in his code was for illustration.
Someone with experience will need to chime in on that one.
Someone with experience will need to chime in on that one.
The genesis block is created from this piece of code
Now you mine that.
Quote
const char* pszTimestamp = "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" //<- change this to something else;
CTransaction txNew;
txNew.vin.resize(1);
txNew.vout.resize(1);
txNew.vin[0].scriptSig = CScript() << 486604799 << CBigNum(4) << vector((const unsigned char*)pszTimestamp, (const unsigned char*)pszTimestamp + strlen(pszTimestamp));
txNew.vout[0].nValue = 50 * COIN //your premine basically;
txNew.vout[0].scriptPubKey = CScript() << ParseHex("
CBlock block;
block.vtx.push_back(txNew);
block.hashPrevBlock = 0;
block.hashMerkleRoot = block.BuildMerkleTree();
CTransaction txNew;
txNew.vin.resize(1);
txNew.vout.resize(1);
txNew.vin[0].scriptSig = CScript() << 486604799 << CBigNum(4) << vector
txNew.vout[0].nValue = 50 * COIN //your premine basically;
txNew.vout[0].scriptPubKey = CScript() << ParseHex("
CBlock block;
block.vtx.push_back(txNew);
block.hashPrevBlock = 0;
block.hashMerkleRoot = block.BuildMerkleTree();
Now you mine that.
This is the code for the genesis block.
I am very unclear here... if this is a part of the code base, or a part of 5th's Genesis Block finder.
Quote
Update the code for the genesis block
How do we do this?
Ok, I belive im done editing the variables, I left some alone because I didn't know what they did but I edited the ones that I understood and wanted to. Onto the next step?
main.h: http://codebin.org/view/86b9cbe6
main.cpp: http://codebin.org/view/7ff16959
main.h: http://codebin.org/view/86b9cbe6
main.cpp: http://codebin.org/view/7ff16959
It would be cool to get some altcoin devs in here, were are all of them? :3
Busy with their coins!
Make a noob_x_coin DIY guide, and sell it for btc/ltc. I am sure there are people who are interested.
I'll put it up here for free
Make a noob_x_coin DIY guide, and sell it for btc/ltc. I am sure there are people who are interested.
It would be cool to get some altcoin devs in here, were are all of them? :3
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