Author

Topic: merge mined coins (Read 143 times)

jr. member
Activity: 39
Merit: 1
March 29, 2018, 06:48:58 AM
#1
hi guys! i hope this is the right place for this...

i have been doing alot of thinking lately on releasing my own coin. initially i thought about doing just a clone of BTC and messing around with the attributes like the total supply ect.. however i then started thinking about how about instead of creating ANOTHER new blockchain that needs miners to verify transaction which would use up alot of electricity that may not be necessary. i dont expect this coin to explode or need tremendous resources, i was really visioning something that will offer utility but not necessarily need to incredibly fast, and i want it to be as efficient as possible. so then i started to think about the possibility of just merge mining the coin. this would probably be ideal because i can take advantage of the robust network already in place and hopefully not use a burdensome amount of electricity. can someone help me out with information on what it takes to create a coin which is merge mined with the BTC network? or point me in the direction of some documentation or tutorials online which may be of help? ANY help is appreciated, i have really scoured the internet for a few days and cant seem to find any documentation on what it takes to set up merge mining for a coin or how to implement it. i look forward to any replies !
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