How to Create your Own Altcoin | Bitcoin hard fork

Name: How to Create your Own Altcoin | Bitcoin hard fork
Rating: 3.8 (14 reviews)

Creating a Bitcoin fork: A practical course

Created byVasiliy Sorokin

Last updated 10/2018

English

What you'll learn

Creating a Bitcoin-based altcoin;
Better understanding of the inner mechanics of Bitcoin;
Finding new genesis blocks;
Changing consensus and network parameters;
Setting up your own network;

Course content

1 section • 7 lectures • 34m total length

Introduction0:26
In this course I will show you how to make your own cryptocurrency based on the latest stable version of Bitcoin.
We will see, what parameters we’ll need to change and how it is done, step by step.
I will also show you how to set up a local network consisting of 3 nodes and how to locally mine your first blocks in this network.
Everything will be done on a virtual machine, so anyone can replicate these actions
Preparation6:40
Installation of libraries and instruments
Cloning Bitcoin and checking how it compiles
Renaming the client4:14
Modifying Network Parameters9:50
Modifying consensus, genesis and network parameters
Modifying rule height
Modifying difficulty
Modifying chain validation parameters
Changing the first message for the p2p protocol
Changing p2p port
Modifying the Timestamp string for the genesis
Generating a pair of keys for the genesis
Changing the time and difficulty bits of the genesis
Adding code for searching for new genesis blocks
Deleting seed nodes
Changing checkpoints
Test network and local network
Compiling our new coin
Mining new genesis blocks5:24
Mining4:36
Preparation for deployment of a new network
Deployment of a local network
Mining
Changing the logo and graphics3:01
Graphic client
Creating a new logo
Resizing the logo

Requirements

Programming skills are advantageous, but not necessary
Any operating system

Description

The course will let you create your own cryptocurrency.

If you have already started learning about blockchain development and cryptocurrencies, or are simply familiar with the subject and want to practice, this course is exactly what you need.

There were significant changes in the IT sector in the last few years.

The advance of blockchain technology and cryptocurrencies has created a demand for narrow-focus specialized developers. However, it is not easy to find a course that would include a practical instruction.

Our course is a step-by-step guide to creating a cryptocurrency fork.

Our video and instructions will help you create your own bitcoin-based altcoin.

We are a team of experienced IT developers and we are glad to help you take the first step to creating your own cryptocurrency fork.

We will teach you how to mine a new genesis block and how to alter the parameters of the network and the consensus.

If you have any questions after completing our course, you can always contact us for a detailed consultation.

Who this course is for:

Anyone who wants to know more about cryptocurrencies and the blockchain technology
Anyone who wants to create their own cryptocurrency