nice logo  



But seriously, you have a very good idea.
I will be interested.

Cool man, i dig your OP, TRUTH atleast haha
Some suggestions:

-Projects need funding, but come off scammy wanting PREfunding for most things (ICOs). find a way to self fund in an honest way!
-GPU algo if there's PoW! its the only chance at fair distro, unless you airdrop or use some funky system like byteball
-PoS! its "green" and encourages holding your own coins instead of leaving on exchanges, decentralization!

good luck, following!

Thanks, Bawaler, for the kind word and the offer. I am serious to figure this out and get through a launch and running a bunch of nodes, at the minimum.
  Tearo

well done!

People love in it!

Keep on moving.

Logo damn funny.

I want to try out all the major steps for putting together and running a cryptocoin, including developer and bug bounties, a tiny ICO, strive for some kind of a plausible business model, pull together a community with some semblance of governance. Seems only right to get working both Windows and Linux versions of nodes, wallets, and GPU miners. Set up a mining pool and a block explorer, place the coin on exchanges and maybe even do some trading or market making. Should I even care about airdrops, faucets, dice, miner bounties?

I'm a software developer professionally, and so my first inclination was to fork a codebase and do some serious work. But for this project I want to stay away from the familiar and instead focus on things I've never done before. Learn from it, document the steps and experiences, maybe work out some tutorials. So, no original coding from me on this project, though I'll build from source and validate all the software pieces before releasing them.

As to the kind of coin I want, would rather not simply clone Bitcoin or Zcash, which I'm planning to do some work with for real. Also, skip coins that are established, but are kinda "one off" or "proprietary" in their approaches, like Monero or Dash or Pascal. Ethereum is totally interesting and is way too complicated for this effort.

Most of what I know about altcoins comes from listening to the Blockchain Dynamics podcast http://www.blockchaindynamics.net/
They have a forum on Cryptopia: https://www.cryptopia.co.nz/Forum/Thread/634
The hosts sneer at coins that are "another Scrypt coin or a Kryptonite clone" and chuckle at what comes out of "walletbuilder". And they praise some as "a good miner coin". Since I'm not sure what they actually mean by all that, I'll ask them.

I don't understand the whole PoS thing, unlike the Bitcoin or Ethereum PoW. And not sure I really want to learn the staking tricks at this point, even though the Ethereum crowd claims to wanna switch to PoS. What does that leave as possibilities?

Ever perplexed,
  Tearo

Bawaler, what type of a coin did you make, and would do same if you were doing it again, please?
And, the badly cloned one you describe, what type was that?
  Tearo

CoinBreader, I do not have any other accounts on this forum. But if it appears to you that this is another user, could you tell me who you have in mind, please?
  Tearo

In an earlier post I made a mistake. In listening to the BD podcast, I thought that the host talked about a "Kryptonite" coin type. In further reading, I'm learning that he must have actually said CryptoNight or CryptoNote.
  Tearo