In this day and age, nearly everyone has had some kind of exposure to cryptocurrencies. Bitcoin has been massively popular over the past couple of years, and has sparked the creation of thousands of so called “Alt-Coins”. Alt-Coins are essentially bitcoin clones that add new features, algorithms, etc to their codebase to allow for a broad spectrum of capabilities.
To the average coder though, the Bitcoin codebase is all but inaccessible. The code behind Bitcoin is incredibly complex, and requires maintainers and contributors to be very familiar with the way that Bitcoin works and how the network operates.
This is where BasicCoin came in. BasicCoin was created by Zack-bitcoin to simplify the code behind crypto-currencies. BasicCoin uses a simple sha-256 hashing algorithm, and consists of just a few Python files.
From BasicCoin, I am developing MyCoin (the name is a work in progress. I haven’t decided on a final name yet.). The plan is to use the x11 mining algorithm for coin production, and the primary goal is just to keep the coin simple. Progress can be tracked at the project github page. Currently, only OSX is supported, due to syntax differences between OSX, Linux, and Windows. For any suggestions, just submit an issue to the issue tracker, or submit a pull request!