Questions tagged [altcoin]

Questions about alternative cryptocurrencies are off topic unless they are applicable to Bitcoin.

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2
votes
2answers
114 views

Why can't altcoins erode Bitcoin's foundation?

There already are hundreds of altcoins and even more are being created. However, Bitcoin still dwarfs all altcoins in value. From a technical point of view, Bitcoin was invented 7 years ago and its ...
2
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2answers
949 views

How to prevent ASIC mining for my new altcoin?

I want to create an altcoin that is a clone of Bitcoin. I want the mining to be ASIC resistant. Are there any steps which I should include in my altcoin's mining algorithm to prevent ASIC mining? Do I ...
2
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1answer
313 views

How to let a peer connect to a peer's peer?

I'm testing a new altcoin that I've created between several computers in LAN but encounter a situation as follow: Computer A's client connects to computer B's client through the B's IP in the ...
1
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0answers
166 views

Problem occurred in running the abe explorer for public blockchain running locally [closed]

i have my own blockchain working locally i need to run an abe explorer for the same but i encountered with the problem while running the last command where saiyan is my blockchain name python -m ...
0
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1answer
130 views

Altcoin WIF checksum check

In bitcoins, it is possible to check if a private key is valid using the WIF checksum. Is this also the case for altcoins which use SHA256. And how about the ones that use another hashing algorithm?
0
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2answers
162 views

Is there a site to monitor Bitcoin or Altcoin addresses if funds were received or sent?

Looking for a service that can email/sms you if a monitored bitcoin/altcoin address has any moved funds. Is there such a service for this?
2
votes
1answer
383 views

Mining new private alt coin derived from litecoin

I have created an new private altcoin from litecoin(build on linux ubuntu) and it is working correctly. Now i want install any miner application (like cgminer) with CPU mining(for test). I have ...
0
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1answer
203 views

Have there been a Bitcoin or Cryptocurrency related lottery app or website that was successful?

Doing some research on decentralized gambling and we all know about the dice sites, but has there been any lottery applications or websites that take in users funds and then redistribute them back out ...
3
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1answer
367 views

Do multi-PoW currencies open up additional attack vectors on a blockchain?

I'm curious if there have been any technical evaluations of the vulnerabilities of cryptocurrencies that utilize more than one proof of work algorithm - for instance, myriadcoin or huntercoin. ...
2
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4answers
315 views

Alt coins as Bitcoin sidechains

So I was reading this discussion today and came across this concept: Monero, Litecoin, Ethereum ... will be Bitcoin sidechains before long, and as there's no additional value to having standalone ...
1
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1answer
316 views

How do you make a coin resistant to soft forking?

Soft forks are probably worse than hard forks, since it is hard for a client to reject a soft fork (indeed, that is the point of soft forks). The only way to do so is either to gain 51% of the hash ...
3
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3answers
266 views

Are there any other blockchains that can spawn child-chains within their own blockchain like NXT's Ardor platform?

NXT is transitioning into a child-chain or sidechain type of blockchain as a service model. I know Bitcoin has the ability to issue colored coins on counterparty and colorcoins, but is there something ...
1
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0answers
263 views

Bitcoin Widgets & API [closed]

can anyone recommend the best api/widget for getting Bitcoin, Crypto Currency Charts, Currency Convert and tickers?
13
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4answers
12k views

What is Steem and Steemit?

I recently came across Steemit, a Reddit-esque platform which seems to be running on the Steem blockchain. It looks like it is paying its users to post and curate content. However, it looks rather ...
1
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0answers
45 views

Multibit + WooCommerce

I would like to incorporate MultiBit into a wordpress(woocommerce) based site I am designing as a checkout/payment option. Is this at all possible and if so how do I go about it? I cannot find any ...
1
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2answers
9k views

How do I calculate expected earnings when mining a cryptocurrency? [duplicate]

If I have access to currency-specific variables/datasets for any cryptocurrency of choice (see below), how would I calculate which cryptocurrency (out of a fixed set of say 3-5 altcoins -- SHA-256 and ...
1
vote
2answers
213 views

Making money with bitcoins [duplicate]

I heard stories of people on the Web making money with Bitcoins. I heard the term "mining", with bitcoin mining, but I don't really know how it works. Can someone explain to me the process and what ...
16
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2answers
4k views

Are Monero Transaction Anonymous?

Lets say i have a monero address and want to send my coins to another address. Will that transaction be private? Can somebody find out that i sent those coins? Are there any altcoins that i can use to ...
9
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2answers
489 views

What are the differences (and value adds) among all the different Crypto Currencies?

This website lists hundreds of crypto currencies. Some whimsical, others with a unique value. Is there a catalog, or diff between all the implementations that highlights innovation, or a unique use ...
6
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5answers
4k views

Why would I choose to use Bitcoin and not other crypto currencies like Ethereum or Dash? Why is Bitcoin better or worse than the rest?

The title basically says it all, I'm a new investor looking to fill out my portfolio but I also want to know the lay for the market, what cryptos are worthwhile, and why?
4
votes
1answer
168 views

What benefits does Tau-Chain add over conventional solutions?

I'm currently doing some research on Tau-Chain and its various claims. One of the biggest ways it tries to differentiate itself looks to be the focus on decidable programming languages, instead of ...
9
votes
1answer
614 views

What percentage of altcoins are based on Bitcoin?

What percentage of altcoins share the same codebase as Bitcoin?
1
vote
1answer
245 views

Will mining be viable after the halving?

So I don't understand the halving very well, will miners just make half as much? Will the price double or the difficulty change? Will bitcoin mining just become so hard it ceases to be cost effective? ...
3
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2answers
166 views

Altcoins with plaintext transaction messaging

I'm looking to compile a list of altcoins with plaintext transaction messaging embedded into the blockchain. If anyone knows of a coin that fits the bill then please share.
0
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1answer
220 views

How do TorCoins work?

The tor network relies on volunteers providing bandwidth. This is a limiting factor of that system, since there is currently no direct benefit by operating a tor relay. As I understood, TorCoins are ...
0
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1answer
2k views

Does Bytecoin use SHA-256?

Also, doesn't this mean that I can use hardware such as a bitcoin usb block erupter to mine it?
1
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1answer
69 views

Are there any altcoins that have tried a contentious hardfork?

I've been trying to find out whether any altcoin community has attempted a hardfork without consensus before. What happened? Can you point me towards an account or analysis of such an attempt?
2
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1answer
293 views

How to make cryptocurrency easier for law enforcement?

I am researching the topic of cryptocurrency and its impact on society. It's often said that cryptocurrency is equivalent to cash, but that is clearly not true since cash is very difficult to ...
5
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1answer
1k views

Is Ethereum essentially Bitcoin with Turing-complete Script?

Is Ethereum essentially Bitcoin with a Turing-complete scripting language and, if I understand correctly, where the script to be executed (not its hash) is placed in the Ethereum blockchain? If so, ...
1
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0answers
87 views

Table of coin parameters

What are the P2P network magic bytes P2PKH version byte P2SH version byte Private key version byte P2P Port RPC Port Atomic units per coin (100,000,000 for bitcoin) for Bitcoin, Bitcoin testnet, ...
3
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0answers
112 views

Any Innovations in altcoin tech for Bitcoin’s Script language?

Bitcoin’s Script is the forth-like, non-Turing complete language used for transactions. However, in practice, a very limited number of kinds of scripts are allowed, a number of opcodes have been ...
1
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1answer
98 views

Police raid home of bitcoin 'founder'

Recently, WIRED released an article about an alleged creator of Bitcoin being raided by the police. Briefly, the article mention the following: Police raid home of bitcoin 'founder' Craig Steven ...
1
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1answer
427 views

Energy backed cryptocurrency?

Would it be possible to create energy backed cryptocurrency? There are some earlier theories of creating energy backed money. However the instant challenges I see are Energy (as an electricity) is ...
4
votes
1answer
223 views

As of today (2015-Nov) how many different anonymous type altcoins are there?

How many anonymous type altcoins are there out as of 2015-Nov? Also what were their release dates and community size? I'd like to get into an anonymous coin, but I'm unsure which one has the most ...
3
votes
1answer
157 views

Service to send Bitcoins or Altcoins over a specific amount of time? Doing it Decentralized?

Is there a service that lets you send Bitcoins or more interestingly Altcoins to an address over a set amount of time. Say for example I wanted to give allowance to my daughter every week for the next ...
1
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0answers
567 views

How do I transfer altcoins from cryptsy to bittrex?

How do i transfer altcoins from cryptsy to bittrex? Bittrex says this if i open generate the deposit address - When depositing, please send your message unencrypted. If the message is not included ...
1
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0answers
74 views

Is there an easier way to run multiple altcoins in one service than operating each daemon? [closed]

I am interested how to operate multiple currencies in one service like modern trading platforms do: Cryptsy(496 trading pairs), Bittrex (328 trading pairs), Poliniex(172 trading pairs). The only way ...
1
vote
1answer
117 views

What is the maximum number of names (domains) that can be registered with NameCoin?

Is it 21,000,000 / 0.01 (the cost of naming) = 2.1B? from docs: "The name_firstupdate transaction has a network fee. The network fees represents namecoins (NC) that are destroyed. " Am I missing ...
-2
votes
2answers
125 views

Can Bitcoin Core be used to create a raw transaction for CLAM altcoin?

Clam is an altcoin that issued that altcoin to the owner of the private key of each and every Bitcoin address that had funds (0.0001 or more) on May 12, 2014. I don't want to install the Clam client. ...
0
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3answers
820 views

How do I determine the value of new altcoins?

So, I'm curious about the value of altcoins. Let's say I were to create an altcoin, and get some people to use it... how would I calculate the value of the coin? Is this determined by exchanges? Or ...
1
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2answers
199 views

Which altcoins have their own mobile friendly wallet created by the core devs?

Was wondering how many coins have their core wallet software that is accessible on mobile devices? 3rd party devs do not count. Only want a list of coins that can be used on mobile devices as this ...
4
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1answer
433 views

Why is a short blocktime considered to be unsafe?

I've heard a couple of times "a shorter blocktime is unsafe," (first about Litecoin and now Ethereum) but never understood why. Is it the higher probability of a fork? Why do some people consider a ...
2
votes
1answer
54 views

What if block N were based not on N-1 but on both N-2 and N-3?

If the bitcoin protocol were changed so that the merkle root from block N-1 were replaced in block N by the two roots of blocks N-2 and N-3, then it would become possible to mine 2 blocks at a time in ...
4
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5answers
44k views

I've tried everything from mining bitcoin to litecoin to other altcoins…why do I have no luck?

I am a beginner in the blossoming culture of crypto-currency, and unfortunately, it's beginning to feel as if 2015 is too late of a year for a laptop-user such as I to be able to start mining. I'm ...
10
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1answer
789 views

Cryptocurrency with small block size limit or large block time

So there are a lot of cryptocurrencies that tries to improve on Bitcoin's 1 Mb block size limit and 10 minute block time (6MB per hour) by using faster block times or larger block size limits. For ...
0
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2answers
706 views

Is there a list of altcoin communities that has the most active developers?

In terms of updating the codebase, bug response, new features etc. Who are the front runners that at least update at least once or twice a month? If an altcoin that doesn't even update their ...
1
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0answers
99 views

How to reduce Proof of Work in bitcoind?

I am trying to create a new genesis block. But it is taking too long to compute (still running). How do I reduce ProofOfWork needed ? Is it this line that I have to modify ? chainparams.cpp#L117 ...
0
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1answer
215 views

What are the top crypto-currencies based on funding?

What are some of the top crypto currencies that received outside funding? Would be great if there was a list of them.
0
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1answer
163 views

Erroneous blockchain transactions…more coins than I specified! [duplicate]

This isn't directly related to Bitcoin; rather this is related to Infinitecoin, however the technologies are virtually the same. The other day I sent 2,000 IFC from my wallet (Infinitecoin-QT for ...
5
votes
1answer
146 views

Have the security vulnerabilities found in Bitcoin been fixed in other altcoins?

This page maintains a list of vulnerabilities found in Bitcoin, and when they were fixed: https://en.bitcoin.it/wiki/Common_Vulnerabilities_and_Exposures Are major altcoins, being based off of the ...