Introduction

Welcome to the world of SavjeeCoin! This blog is designed to guide you through the essential steps to create and manage your own cryptocurrency using the SavjeeCoin library. You’re about to embark on a journey that involves key generation, transaction signing, and blockchain manipulation—all fundamental aspects of cryptocurrency operations.

Project Features

• Simple proof-of-work algorithm.
• Verify blockchain to prevent tampering.
• Generate a wallet with a private and public key.
• Sign transactions for enhanced security.

Getting Started

Install the Library

Begin by installing the SavjeeCoin library to kickstart your project:

npm install --save savjeecoin

Generate a Keypair

To perform transactions on the blockchain, you’ll need to create a keypair. Think of the public key as your house address and the private key as your password to enter the house.

const EC = require('elliptic').ec;
const ec = new EC('secp256k1');
const myKey = ec.genKeyPair();

The myKey object now contains both your public and private keys. Here’s how to display them:

console.log('Public key:', myKey.getPublic('hex'));
console.log('Private key:', myKey.getPrivate('hex'));

Create a Blockchain Instance

Now that you have your keys, let’s set up your very own blockchain instance:

const Blockchain = require('savjeecoin');
const myChain = new Blockchain();

Adding Transactions

Let’s say you want to transfer 100 coins from your wallet to another address (imagine it as sending money to a friend). Here’s how you can do it:

const tx = new Transaction(myKey.getPublic('hex'), toAddress, 100);
tx.sign(myKey);
myChain.addTransaction(tx);

Once you’ve created the transaction, it’s time to finalize it by mining a new block:

myChain.minePendingTransactions(myKey.getPublic('hex'));

Video Tutorials

For a more visual approach, check out my series on YouTube:

• Video 1: Simple implementation
• Video 2: Adding Proof-of-work
• Video 3: Mining rewards and transactions
• Video 4: Signing transactions
• Video 5: Building a front-end in Angular

Troubleshooting

If you run into any issues while following this guide, consider the following troubleshooting steps:

• Ensure that you have Node.js installed and that it’s the latest version.
• Double-check that all dependencies are installed correctly.
• Refer to the documentation for additional examples and clarifications.

For more insights, updates, or to collaborate on AI development projects, stay connected with fxis.ai.

Conclusion

At fxis.ai, we believe that such advancements are crucial for the future of AI, as they enable more comprehensive and effective solutions. Our team is continually exploring new methodologies to push the envelope in artificial intelligence, ensuring that our clients benefit from the latest technological innovations.