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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.
How to create a Blockchain for new alt coin after genesis block has been created?
Answers
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you can try the following steps:
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.
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 – schwertfisch – 2017-12-19T17:51:36.110
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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.
1What'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 – 2015-02-16T15:53:01.183
Iam suing Scrypt-Adaptive-Nfactor – Deepak Chauhan – 2015-02-17T06:50:40.870
Are you mining yet? What error messages do you get when you try? – Jimmy Song – 2015-02-17T15:18:10.300