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Wednesday 21 June 2017

How to Create Your Own Cryptocurrency



This tutorial was created to illustrate how easy it is to create your own cryptocurrency simply by forking another existing coin. Something that might make you think twice next time you buy into an IPO, pre-sale or pump and dump coin. Each step is covered by a four part video series created by whatthefluxable.
A basic understanding of command line tools and code editors are necessary to follow the steps in the tutorial.

Part 1 – How to Create Your Own Cryptocurrency


Build your dependencies:
install dependencies for building
sudo apt-get install build-essential libtool autotools-dev autoconf pkg-config libssl-dev
sudo apt-get install libboost-all-dev
sudo add-apt-repository ppa:bitcoin/bitcoin
sudo apt-get update
sudo apt-get install libminiupnpc-dev
sudo apt-get install libdb4.8-dev
sudo apt-get install libdb4.8++-dev
sudo apt-get install libboost1.37-dev
(If using Boost 1.37, append -mt to the boost libraries in the makefile)

Check that Litecoin compiles

USE this command to change your names (from within your working directory):
find ./ -type f -readable -writable -exec sed -i “s/Litecoin/Learncoin/g” {} \;
find ./ -type f -readable -writable -exec sed -i “s/LiteCoin/LearnCoin/g” {} \;
find ./ -type f -readable -writable -exec sed -i “s/LTC/LERN/g” {} \;
find ./ -type f -readable -writable -exec sed -i “s/litecoin/learncoin/g” {} \;
find ./ -type f -readable -writable -exec sed -i “s/litecoind/learncoind/g” {} \;

Part 2 – How to Create Your Own Cryptocurrency

 

In part 2 you will learn how to generate a Merkle root
Code to be inserted into main.cpp to create a new root:
http://pastebin.com/DzqRTba5

Part 3 – How to Create Your Own Cryptocurrency


 
The third part of How to Create Your Own Cryptocurrency series will cover the generation of the genesis block.

Part 4 – How to Create Your Own Cryptocurrency

 
The fourth part of the video series will instruct you how to make a custom “artwork” for your own cryptocurrency. Do not expect a master class in Photoshop or image editing.


Part 5 – How to Create Your Own Cryptocurrency

In part 5 whatthefluxable show you how to upload to github and build the windows wallet.
It’s the hardest part as you’ll see — in fact I can’t get it right the first time.
Gitian build instructions are here:
sudo bin/gbuild ../learncoin/contrib/gitian-descriptors/­deps-win32.yml
Build qt
sudo bin/gbuild ../learncoin/contrib/gitian-descriptors/­qt-win32.yml
Build boost
sudo bin/gbuild ../learncoin/contrib/gitian-descriptors/­boost-win32.yml
Build wallet
change remotes line underneat to
“remotes: []”
sudo bin/gbuild –commit learncoin=HEAD ../learncoin/contrib/gitian-descriptors/­gitian-win32.yml
Dependencies
https://www.openssl.org/source/old/1.0.1/openssl-1.0.1i.tar.gz
http://download.oracle.com/berkeley-db/db-4.8.30.NC.tar.gz
http://miniupnp.free.fr/files/download.php?file=miniupnpc-1.9.20140401.tar.gz
http://fossies.org/linux/misc/zlib-1.2.8.tar.gz
http://sourceforge.net/projects/libpng/files/libpng16/older-releases/1.6.8/libpng-1.6.8.tar.gz/download
https://fukuchi.org/works/qrencode/qrencode-3.4.3.tar.bz2
http://downloads.sourceforge.net/project/boost/boost/1.55.0/boost_1_55_0.tar.bz2?r=http%3A%2F%2Fwww.boost.org%2Fusers%2Fhistory%2Fversion_1_55_0.html&ts=1449098451&use_mirror=internode
https://svn.boost.org/trac/boost/raw-attachment/ticket/7262/boost-mingw.patch
http://wtogami.fedorapeople.org/boost-mingw-gas-cross-compile-2013-03-03.patch
https://download.qt.io/archive/qt/4.8/4.8.5/qt-everywhere-opensource-src-4.8.5.tar.gz

Part 6 – How to Create Your Own Cryptocurrency

 

Part 6 covers the pool setup and final conclusions from the video series creator whatthefluxable.
Did you succeed in creating your own cryptocurrency? Did you experiencing any setbacks? Share your experience with other users in the comments below.

 Source:- https://cryptojunction.com/how-to-create-your-own-cryptocurrency/


 

 

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