Implementing a new virtual currency like bitcoin

[RezaNoei]

Hello,

I want to customize bitcoin codes to making a new virtual currency for my own. I'm a newbie in bitcoin and i don't know how can i do this work

I read some articles about bitcoin, but in implementation manner, I'm worry about the concepts.
I have downloaded the source code, but i don't know, how can i start to customize it and making it to works as the bitcoin network.

I know that there is something called block-chain and there is some mining station that works for creating money.
but it's not clear to me that in a bitcoin network, how many computer programs must be worked together to achieve the functionality of bitcoin.

I want to implement the whole of this ecosystem but i need to your guidance.

thanks,

[bitkilo]

This is no small project you are wanting to start, i hope you know how much work may lay ahead.
Many people have developed alt coins in the past, some a fork of the bitcoin white paper like you want to do so it is possible but not going to be easy.

Can i ask why you want to do this, personal project or you want to design and write a better alternative to bitcoin?

[RezaNoei]

Thanks,

I have no personal interest in bitcoin development. but its a project that i must do that for my company.
I'm not going to write the whole of project by myself and until now it's non of my duties to helping in its improvement.

I'm a programmer and if it could possible, i want to change it for some real exchanges that is probably happens on some states in my country.
but it must have it's customized sources code and a little bit differences between original code.

I want to manipulate bitcoin source code. but i don't know the way.

if this project is made by many sub-project that i must work on them, i want to know that.

(I'm serious in my work )

Thanks.

[Chris]

to costumize bitcin code is easy to make it work its hard,so you need a new coin based on bitcoin protocol ?

[RezaNoei]

Yes i do. and i want to know where is my starting point and how can i do this.
i must propose a solution to my company that proofs that i can do that.

last day, i was working at litecoin customization to utilize it. but i have some problem with that. it's not very big problem that i can't resolve.
but I'm still worry about the solution that i have been chosen for this project.

I'm waiting for your opinions.
maybe I could find the right way.

Thanks.

[bolajibiz]

BTC

[mocacinno]

Creating a coin is easy IF you know the inner workings of the protocol AND you have programming experience... To learn about the inner workings of bitcoin, i have made a couple private coins myself in the past. It takes 1-2 days to adapt the code of an other coin, find the genesis block, compile, set up some nodes, setup solo mining and make the chain go foreward.

There are several howtos like this one https://themerkle.com/altcoins-dying-make-one-hour/ that are freely available.

It gets harder if you want to add unique features, or if you want to keep updating your coins. Its also a big task to keep your network running, and keep the chain moving...

I would suggest starting to use btc, and learn its technical aspects. Afterwards you can look at the diff between btc, ltc, ppc,... And some of their recent clones. If you look at the diff between them, you can use an online tutorial to create your own clone.

[mjglqw]

no offense but it sounds like you're far from capable of making your own cryptocurrency. maybe start from smaller projects?

[grandFX]

I think it very hard to create a coin like bitcoin
maybe you can create a new coin (altcoin) but you need a great project in the future to develoment your coin.

[mocacinno]

no offense but it sounds like you're far from capable of making your own cryptocurrency. maybe start from smaller projects?

True, but the OP did state that he was a programmer that wanted to "manipulate bitcoin source code".

Personally, i do believe that if a decent programmer takes the time to read the bitcoin whitepaper, experiments on the testnet for a while and uses BTC in real life (compiling the deamon, running the core client, running a node,...), the next logical step would be to create a private altcoin. I think creating such an altcoin, changing the specs, compiling, running a couple of nodes, doing some CPU solo mining,... would be an ideal sollution to teach yourself the BTC basics.

Like i said: that's what i did. I did not read the full BTC sourcecode, i don't know what every line in BTC's source does exactly. There are still very technical things i'm missing, but after cloning BTC (or LTC in my case, i had an old gridseed ASIC laying around, so i wanted an scrypt alt), i can only say that i've learned quite a bit from the experience.

[Rmcdermott927]

Hello,

I want to customize bitcoin codes to making a new virtual currency for my own. I'm a newbie in bitcoin and i don't know how can i do this work

I read some articles about bitcoin, but in implementation manner, I'm worry about the concepts.
I have downloaded the source code, but i don't know, how can i start to customize it and making it to works as the bitcoin network.

I know that there is something called block-chain and there is some mining station that works for creating money.
but it's not clear to me that in a bitcoin network, how many computer programs must be worked together to achieve the functionality of bitcoin.

I want to implement the whole of this ecosystem but i need to your guidance.

thanks,

Do you simply wish to copy the code and change the name? Or do you want to add features. One is easy, the other requires C++ knowledge.

[fikihafana]

Hello,

I want to customize bitcoin codes to making a new virtual currency for my own. I'm a newbie in bitcoin and i don't know how can i do this work

I read some articles about bitcoin, but in implementation manner, I'm worry about the concepts.
I have downloaded the source code, but i don't know, how can i start to customize it and making it to works as the bitcoin network.

I know that there is something called block-chain and there is some mining station that works for creating money.
but it's not clear to me that in a bitcoin network, how many computer programs must be worked together to achieve the functionality of bitcoin.

I want to implement the whole of this ecosystem but i need to your guidance.

thanks,

Do you simply wish to copy the code and change the name? Or do you want to add features. One is easy, the other requires C++ knowledge.

i agree with you, if you wanna make new feature you need to know about c/c++, or maybe java if you wanna clone qora. If you just wana make a coin without a feature in wallet it self, you can use walletbuilder. afaik if you use walletbuilder, it wont attract more user

[eddy1337]

You could just use Bitcoin? not change a thing;)

[Coalfridge]

Why would you even? Is there some unique worthy idea? There are loads of forks which claim to have interesting features, but even those don't work out often. Or is it just personal development?

[Kami]

Hello,

I want to customize bitcoin codes to making a new virtual currency for my own. I'm a newbie in bitcoin and i don't know how can i do this work

thanks,

They are some programming book that can help you on this.
Or just hired some developers that will help you in your idea.
By making a new virtual currency you must be responsible into it.

[bitkilo]

Creating a coin is easy IF you know the inner workings of the protocol AND you have programming experience... To learn about the inner workings of bitcoin, i have made a couple private coins myself in the past. It takes 1-2 days to adapt the code of an other coin, find the genesis block, compile, set up some nodes, setup solo mining and make the chain go foreward.

You made your own altcoins, now that's cool.
It must have felt good to mine the Genesis block of your own coin, even if you knew it was never going any further.

[mocacinno]

Creating a coin is easy IF you know the inner workings of the protocol AND you have programming experience... To learn about the inner workings of bitcoin, i have made a couple private coins myself in the past. It takes 1-2 days to adapt the code of an other coin, find the genesis block, compile, set up some nodes, setup solo mining and make the chain go foreward.

You made your own altcoins, now that's cool.
It must have felt good to mine the Genesis block of your own coin, even if you knew it was never going any further.

It's been a while since i last experimented... But indeed, mining the genesis block, experimenting with premining, adding checkpoints, installing nodes, solo mining, seeing your own chain going foreward is pretty fun
IIRC, the biggest problems were laying in the bitcoin coinbase, a lot of functionality was removed since it was no longer usefull... For example the code to mine directly from the qt wallet has been removed.
In the end, i forked and edited the litecoin codebase, since i had a gridseed laying around, and at that time litecoin could be mined directly from the gui wallet, but also, litecoin had all the gitian descriptors needed for cross compilation

At very least, it teached me a bit about the basics of the protocol, about cross compiling windows binaries on linux, and how to spot people that are "cheating" by adding certain subsidies to certain block heights

Code: Select all

if(nHeight == 5) { nSubsidy = 1000000 * COIN; }

[mocacinno]

Just for the fun of it, to show how easy it is to clone a coin:

http://mocacinno.com/mocacoin/

A complete clone of litecoin, own genesis block, own ports, removed regtest, a hefty premine for whoever gets the chain started, no nodes, no windows binaries :-p
It looks exactly like litecoin, but it's mocacoin

If i was a scam cloner, i would probably fire up some nodes, fix the gitian sources, compile 32 and 64 bit binaries for windows, linux and mac, design some basic images, create a fake website and fill it with nonsense, fire up a small pool, premine block height 2 (i left a nice supprise for myself there), then continue untill an exchange accepts me, and cash out.
All in all, it would take a couple of days to clean everything up and to scam people out of money with it... just to show everyone that cloning a coin is easy, so don't fall for altcoin scammers

[Neoclassical]

If I were you I'd just pay a specialist to show me the ropes and help me with the project. Prepare to pay a top dollar.