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I'd like to fork a cryptocurrency for use as my company's stock ownership system. In this sense the cryptocurrency, or cryptostock, would represent shares of my public company. As such I'd like to create a number of coins and withhold (keep) a large share of the coins for myself and founding members.

A few questions...

  1. How do I create a set number of cryptoshares when launching the cryptostock?
  2. How do I withhold (keep) a large percentage of the cryptostock for myself and founding members, and then sell the rest?
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    Do you have a large amount of computing power available to secure your blockchain? Without that, this is a rather insecure way to issue stocks. Someone with more computing power than you could overwrite your history of ownership. If you really must do this, you’d be better off using an already-established network. You should probably also talk to a lawyer, to make sure you don’t get arrested for issuing an unregistered security, etc. – chytrik Nov 16 '18 at 21:23
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How do I create a set number of cryptoshares when launching the cryptostock?

This is determined by the algorithm that determines your total supply. In Bitcoin, for example, this designed like mining gold, so the total supply is determined by the initial block reward, and the halving interval (in blocks), which is 210,000 targeted to be every 4 years (at a 10 min. block time). See Bitcoin Wiki - Controlled Supply

How do I withhold (keep) a large percentage of the cryptostock for myself and founding members, and then sell the rest?

You would need to premine them to an address you own. That way you have control over their spending. This can be done by actually mining them until you have enough, or modifying consensus code to pay out the coinbase transaction of the genesis block to your address.

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