Can someone tell me how to reset?

My latest efforts:

- I use the coin2.conf file to create the DB. https://bitcointalk.org/index.php?topic=1079306.msg26865189#msg26865189

- Then I print the genesis tx manually, this gives me the "outs: " and new genesis tx hex.

- I add the new tx hex to the coin2.conf, which creates a new coin3.conf.

- I use the coin3.conf to connect to the DB created with the coin2.conf, which seems to work except the simple wallet still has the "Failed to load: genesis block hash does not match stored state..." error.

- So I delete the old coin2.conf DB and recreate the DB using the coin3.conf.

- Everything connects without an error including simple wallet. But simple wallet still freezes and won't except any commands:

How do I reset? Do I repeat steps 2-7 using coin2.conf to create coin3.conf?

@ slb

Could you tell me what I'm doing wrong? These are the steps I've taken so far.

Step 1: I have 2 VPS's one is ubuntu 16.04 and one is 16.10. Both have Forknote .tar.gz downloaded and extracted.

Step 2: On my personal computer (ubuntu 16.04),I used http://forknote.net/create/ to create a premine coin1.config file. This coin1.conf file does not have any wallet addresses, but includes the genesis tx hex created by the "Create Cryptonote blockchain" form.

Step 3: Before creating the blockchain, I create the premine wallet addresses using the coin1.conf file created in step 2. I use the "Creating simplewallet addresses" instructions from here: http://forknote.net/guides/setup-private-blockchain/

Step 4: I create a new coin2.conf file, using the Forknote form http://forknote.net/create/, this includes the addresses created in step 3 and a new genesis tx hex created by the "Create Cryptonote blockchain" form.

Step 5: I setup both nodes using coin2.conf following the steps here: http://forknote.net/guides/starting-seed-node/

Step 6: I create-the-blockchain/start-the-daemon on my personal computer using coin2.conf. At this point I get "2017-Dec-24 05:03:42.104763 WARNING [95.183.52.40:39431 INC] Exception in connectionHandler: TcpConnection::read" on the first node before the other node is on, once the other node is on it syncs up.

Step 7: I open a new terminal on my personal computer and run This is where the problem is, I get

What am I doing wrong?

I know theres a problem with the genesis block. "Failed to load: genesis block hash does not match stored state"

I don't know what I'm doing wrong. When creating a premine coin, you need to create the .conf file first in order to create the wallet for the premine coins, but to create the wallet you need the .conf file. Do I leave the "Addresses for the premined coins" blank to create the addresses, then fill in for printing the genesis trans hex?

I've setup 2 nodes with premine that are running and in sync. Whenever I try to access one of the premine addresses, I get this, and the wallet freezes, notice the "help" and "exit" commands. When creating a new wallet it works without any errors but still freezes.

Forknote seems to work fine, however if there is only one node running I've noticed it never says "ERROR   Failed to connect to any of seed peers, continuing without seeds" it just waits for a connection. Help would be appreciated.

I'm trying to setup a node but keep getting this:


I have the config file setup with seed nodes and I've removed the "seed-node=127.0.0.1:xxxxx" line. Any ideas on what it could be? Thanks

The best I can think of is a wallet lock that will only release the coins at the exchange rate. Even if this was done, you could still get around it by purchasing an item for more than the exchange rate, e.g. a $500 item could be marked up to $1000 for the sale.

The only reason fiat currencies and cryptocurrencies work is because of faith, faith that you will be able to go out and buy property, food and fuel. By fixing the price to an asset the faith in the coin is solved. There will always be someone who will sell for less, as long as there are retail stores and people willing to accept the coin at the exchange rate, this should self correct. If it takes a considerable amount of technical knowledge/effort to get around the exchange rate, then the majority of users should still accept the exchange rate.

Maybe another option would be each wallet is it's own blockchain that requires low energy mining to acquire coins? Using an 2-4 core CPU would require 2-5 years to mine the coins. This would help to reduce a flood of coins being sold OTC.

I said "million sellers and no buyers but the price remains fixed" because I don't like the way other pegged coins have so much variance from the base asset, bitUSD is currently at $1.17?

I'm not sure what you mean by "Terra"?

That's interesting, what's the name of the ICO? That was one reason for this post, I was trying to get others opinion on the idea to see if there was any interest in doing something like this. I'm not sure where to start but I'll look into it a little more.

The wallet would contain everything needed for operation, node, ledger, escrow, exchange, ect.

Coins are created with the creation of wallets, every wallet is alloted x amount of coins, maybe 100,000 or 1,000,000. Wallets would need a secure

Total coin supply equals world population times the amount of coins alloted per wallet.

Coin price is fixed to an asset with the code. For example, 1 coin equals 1/1000 oz gold or 1 lb of wheat. The price would not fluctuate like most tether coins, it will be a true fixed price. There could be a million sellers and no buyers but the price remains fixed. This will encourage buying and selling using the coin rather than exchanging for fiat currencies or speculating.

The ledger of each wallet only tracks transactions between itself and other wallets. Not every transaction in existence.

This coin will have unlimited scalability, zero fees and near instant transactions, like IOTA.

Every man woman and child in the US has $60,000-$250,000 of debt, depending on how you calculate it.  http://www.justfacts.com/nationaldebt.asp

Why don't we convert this debt into wealth? By giving a limited number of coins to every owner of a wallet and fixing the coin price to an asset, this would give every person a certain amount of wealth.

I think this would work as long as there is a limited supply of coins per person, a true cap on the total supply of coins. I'm guessing the problem would be ensuring one wallet per person. I'm not a developer so I have no idea if this is possible.

This is sort of what the Weimar Republic did to fix the 1920's hyperinflation.

http://www.usagold.com/germannightmare.html