Author

Topic: PolyCash - Create your own altcoin by GUI (Read 322 times)

member
Activity: 124
Merit: 16
January 03, 2019, 01:41:07 AM
#8
PolyCash has only recently hit MVP, after like 3 years in development.

I believe it's one of the best blockchain apps out there.

It can sync nearly any UTXO blockchain to MySQL in real time.

Awesome protocol for launching crypto assets which you can create by GUI.

Already secure & works great for betting; it's essentially a solution for the "editable blockchain" since you can go back and change history (prediction market outcomes) for your crypto assets.  You can still maintain decentralized consensus via the game definition.

Right now I have a "web api" blockchain mode built in so that you can instantly create new blockchains for free.  Those blockchains are not cryptographically secure but are useful for development and can be used securely by relying on trusted nodes.

Would love to get some feedback from people who have read my blog, whitepaper or tried installing the app.

Links:
https://poly.cash
https://medium.com/polycash
https://github.com/PolyCash/polycash
https://poly.cash/pages/PolyCash-whitepaper-v3.pdf
newbie
Activity: 11
Merit: 0
Good job and nice idea Dear Joseph , Congratulations
newbie
Activity: 4
Merit: 0
 Smiley Very good Congratulations!!!
 Roll Eyes Shocked
newbie
Activity: 5
Merit: 0
your project is really interesting
member
Activity: 672
Merit: 32
This is real? I wish good luck and get some coins from you, thanks
newbie
Activity: 19
Merit: 0
Quote
Reply in this thread and I'll PM you some free coins.

Yes may i take free coins now?
member
Activity: 124
Merit: 16
February 15, 2018, 04:32:30 AM
#1
PolyCash makes it simple to create new altcoins by GUI. PolyCash is a feature-rich protocol, and polycash-protocol crypto assets can be created with advanced functionality. PolyCash-protocol coins can be pegged to other cryptocurrencies, and even to fiat currencies like the dollar (similar to Tether). By creating an altcoin with gamified inflation, you can create distributed prediction markets and betting games.

This is an open source web app built using MySQL and PHP. We've put in a lot of effort to make it painless to install this app. But this is still an early stage project; for now, you'll still need to install Apache, MySQL and PHP before you can run this app. But you don't need to install the app to experiment with this project; you can simply sign up for a web wallet on one of our nodes or on another node that you trust with your private keys.

PolyCash assets are implemented as "colored coins" aka "second layer tokens". PolyCash is compatible with Bitcoin, Litecoin and any other blockchain which uses the Bitcoin RPC calls. You can use PolyCash to represent ownership of commodities or even your company by issuing a token on the Litecoin or Bitcoin network.

In PolyCash asset with gamified inflation, users need to stake their coins occasionally in order to get their fair share of the currency's inflation. This means that after purchasing your coins, there are a few different user experiences. Traders who are heavily involved in these games can share their staking strategies or staking decisions with other players. You can either:
1. Make your staking decisions manually
   - Log in frequently, examine the current events and staking options and manually stake your coins.
2. Use an automated staking strategy or outsource your staking decisions.
   - Log in once, research the various traders & staking scripts and choose your staking strategy.
   - Log in once in a while to check your performance. Switch to another trader or staking strategy if you're not pleased with your current strategy.

PolyCash is a platform with a large number currencies. We're working to develop a single unified currency by creating a custom blockchain which will enable certain features that are not possible on blockchains like Litecoin and Bitcoin. You can pre buy stakes in the custom currency right now by donating Bitcoins. Once our pre-ICO is complete, ownership in the custom currency ("stakes") will be granted to everyone who donated, in proportion to the amounts of their donations. But right now, we need your interest and participation more than we need your money. Please visit our website and sign up for a user account to receive free coins and to try out the platform. We have several betting games running right now that will allow you to understand the PolyCash platform. For more technically savvy users, please try installing the PolyCash app.

Link to website
https://poly.cash/

Link to source code
https://github.com/polycash/polycash
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