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I am creating a new alt coin and I want to know how to generate a Blockchain for that coin. I have already created the genesis block for my new alt coin.

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  • 1
    What's the block generation mechanism? Proof-of-work? Proof-of-stake? Something else? Please post the parameters for your altcoin, otherwise, it's impossible to answer your question.
    – Jimmy Song
    Feb 16, 2015 at 15:53
  • Iam suing Scrypt-Adaptive-Nfactor Feb 17, 2015 at 6:50
  • Are you mining yet? What error messages do you get when you try?
    – Jimmy Song
    Feb 17, 2015 at 15:18

2 Answers 2

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you can try the following steps:

  • bitcoind -daemon # Start bitcoin core
  • bitcoin-cli setgenerate true 1 # You've started a new miner!!
  • tail -f ~/.bitcoin/debug.log # Track your log

    After a while (it depends on the difficulty of your altcoin), a new block will be generated by your miner.


    Check it by typing "bitcoin-cli getblockcount". Every time a new block is genereated, the value increases by one.

  • 1
    • hi @moshaholo i'm trying to execute this command "bitcoin-cli setgenerate true 1" but i was removed in the new versions, do you know how can i get first block with recently litecoin source?. thanks Dec 19, 2017 at 17:51
    -2

    If you're using some form of Proof-of-Work, i believe you have to generate enough transactions that can fill a block. Of course that 1st block will refer to the genesys block. Then other transactions will fill a 2nd block, that will refer to the 1st. And so on.

    And voilá, you have the blockchain.

    Good luck with your altcoin.

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