How to create your own cryptocurrency

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Revision as of 04:14, 6 January 2018 by Owen (talk | contribs) (Created page with " == Getting Started == One of the easiest ways to get your own blockchain up and running is with [http://forknote.net/ ForkNote], a [https://cryptonote.org/ CryptoNote] blockc...")
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Getting Started

One of the easiest ways to get your own blockchain up and running is with ForkNote, a CryptoNote blockchain fork with easy to setup configuration files. In this tutorial I make a few assumptions; mostly that you are comfortable on the Linux command line, know how to use tools like SSH, and have a basic understanding of networking and computing terminology.

Creating your Seed Nodes

Before you can create your blockchain you're going to need seed nodes, basically the place where all other nodes are going to look so that they can update their own chain and find other peers. You'll need a minimum to two seed nodes to start. For our purposes, we're going to be using $5 / month instances on Amazon Lightsail.

Create Your Instances

  1. Go to [1], if you do not have an account you'll need to create one.
  2. Click on the "Create Instance" button.

Screen Shot 2018-01-05 at 7.57.44 PM.png

  1. Select "OS Only", name your instances something meaningful, and create two them.

Screen Shot 2018-01-05 at 8.01.44 PM.png

Setting Up Your Local Node

Creating your local node is exactly the same as setting up your seed nodes, except this is where we will also be creating our wallet and doing our mining.

Creating Your Wallet

Mining

Creating a Mining Pool