Archives for Mining
CryptoLife
The top shelf provider of custom Altcoin development is CryptoLife. They offer a whole bunch of options, and prices start at BTC. By the time you add on all the features that would make the coin super legit, it's closer to BTC, and you provide VPS hosting. For this amount you'd get your own PoS/PoW X11 2MB coin, source code with a designed logo and unique Genesis block, Merkel root, and Magic number. It would feature Premine, Alerts, and a Testnet. Also included in this price are Windows, Linux, and Mac wallets and a Paper wallet generator. Your VPS would be hosting a Mining pool, Block explorer, and a Faucet. Once the network is tested out and polished-up, and after one gets…
Walletbuilders
A well-known Walletbuilders service will automatically make a coin for you, a free one that only includes Linux and Windows node executables, or for BTC they will let you create a custom one, with your own signage, block parameters, Scrypt PoW and PoS that takes over, after so many blocks, etc. Pre-mine is an option. A seed service for your coin is included on their site, and perhaps a month of hosting a node. Additional hosting is BTC / month. They deliver with the paid coin product pre-compiled Windows and Linux executables for both a node (daemon) and a Qt GUI client. A unique pair of ports that they assign, is used to distinguish your network. Included source code does produce the two…
Reader Suggestions
So far the readers on the Bitcointalk forum have suggested: Self-fund GPU mining a PoW algorithm that's, not easy for ASICs or CPU botnet PoS with the right set of parameters, algo New algo, like NIST5 HODL memory hard algo Airdrop Ethereum cloning guide bounty New Ethereum cloning guide. Faster clone GoChain.
Blockchain Dynamics
We learned a lot about Altcoins by listening to the Blockchain Dynamics podcast. They have a forum on Cryptopia. The hosts, Brandondoge and Jookly, often sneer at “another Scrypt coin or a Cryptonight clone” and chuckle at what comes out of the Walletbuilders service. And they praise some “good miner coins”. Not sure what they meant by all that, we asked them in the forum. So, the Blockchain Dynamics hosts took good five minutes to review the Practice Coin announcement, starting around 59-minute mark. They have expressed a number of doubts and concerns about the project, like its incremental value or longevity. Will have to dig in and address them all, going forward.