Questions about alternative cryptocurrencies are off topic unless they are applicable to Bitcoin.
Questions tagged [altcoin-development]
123 questions
17
votes
2 answers
What's a Sybil attack?
Can anyone please provide a clear definition for what a Sybil attack is?
I was asked how the cryptocurrency I am developing would prevent Sybil attacks.
JoelHovell
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15
votes
8 answers
Are there algorithms that could be used for mining that resist acceleration with ASICs?
In my related question about mining algorithms that balance CPU and GPU it came up that such an algorithm would tremendously increase the incentive for people to create mining botnets. The prospect of a 51% attack by a botnet is not a good…
David Schwartz
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14
votes
2 answers
What is the difference between Dogecoin and Bitcoin at the network level?
With all the Dogecoin hype, mainstream media has been comparing Doge with established cryptos like Bitcoin.
I'm trying to understand the difference at the technical level:
It comes up that Bitcoin network has better security. Is that due to the…
John Smith
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12
votes
2 answers
Bitcoin without mining - what needs to be implemented
I have read this related question - Bitcoin without mining and I am trying to understand the very basics of Bitcoin network and the blockchain.
I wonder, if we take the mining out of Bitcoin, what would we need to implement in order to make it a…
Wapac
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7
votes
1 answer
When making an altcoin copy of Bitcoin, where should one start?
In attempting to create a clone, a few things have to be considered... things like block time, reward, etc are often changed. What other things should be considered when messing with the source code?
Shamoon
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6
votes
4 answers
What is needed to get listed on a currency exchange website?
I have no desire to become a licensed MSB/Money Service Business. That said, what considerations should I have when creating a new virtual currency to be listed on Coinbase, Bitstamp, etc?
makerofthings7
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6
votes
4 answers
Blockchain as a way to host truly free social website like reddit
Some time ago I started wondering: what if we create a new coin and use its Blockchain to store a website content?
Bitcoin is P2P, that way it is almost impossible to block bitcoin. Everything in the ledger is public and saved for eternity, would be…
noisy
- 131
- 5
5
votes
2 answers
How to generate Ed25519 public key from private key using libsodium?
Not all crypto currencies are using secp256k1 technology for keypair generation and digital signatures. Curve25519 technology (frequently used to support ECDH key exchanges) is being used by a few other cryptocurrencies. Ed25519 cryptography (meant…
skaht
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5
votes
1 answer
Created genesis block and set up node. How to mine?
Everything seems to be going well creating my altcoin for fun. I forked the BlackCoin source on Ubuntu, successfully mined a genesis block, recompiled. I bought a droplet over on digitalocean running Ubuntu 12.04, compiled my *coind from source, and…
Matthew Darnell
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5
votes
3 answers
What are the pros and cons of premined altcoins?
When starting an altcoin from scratch, how would distributing premined coins to a certain community affect the currency?
Coup de Grace
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5
votes
1 answer
Does CPU mining become efficient as memory requirements increase?
I am focusing on an anti scrypt coin called Vertcoin which increases it's N-factor at a set interval. On their main page on bitcointalk it states that CPU computation will make gains as N-factor (memory requirements) increase. Can anyone explain as…
rdadkins
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4
votes
1 answer
How Do I create a Mining Pool for an Altcoin?
I made an altcoin using coincreator.net , but I can only mine it on an underpowered windows computer. I was wanting to make a pool so that my friends and I could mine it together from a Windows or a Mac computer. If no one knows how to do this, then…
user3613943
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4
votes
2 answers
Which cryptocurrency has the smallest block time?
What is the lowest block time of any cryptocurrency? I don't mean the time of an individual block, but the target time per block.
What is the shortest reasonable block interval?
MagikCow
- 217
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4
votes
5 answers
What advantages do "alt-coins" have over bitcoin?
I'm struggling to see the importance of alt-coins. It seems to me that one of the major selling points of the various alt-coins is their quicker confirmation times. The common argument is: this is good for merchants and the like, because there is…
KJ O
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3
votes
1 answer
Forking PIVX - ERROR: CheckBlockHeader() : proof of work failed
I have forked PIVX and generated new genesis block hash, merkle root and nonce, and changed the rewards parameters.
It compiles fine and the daemon starts, I have even got 2 nodes connected, but attempting to mine the first block with setgenerate…
Shane Buckley
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