Category Archives: Education

What is Brockcoin?

I wanted to create my own cryptocurrency, so I did some research and tried out a few different platforms – including Counterparty, Ethereum, Colored Coins, Coinprism, etc. I found out that the Waves Platform was the most widely used (of non-developers) and easiest to use from a user standpoint.




What is WAVES?

” The Waves Platform is the Waves Blockchain and the Waves Client built on top of that blockchain while everything else is part of the overall Waves Ecosystem. “

(Read More in this post)




  1. Waves Blockchain
  2. Waves Client | [[2a. Token Creation | 2b. Wallet > Assets | 2c. Portfolio | 2d. Exchange | 2e. Wallet > Leasing (?) ]

3. Waves Ecosystem

Smart Contracts

(watch first 1:37 of video) (Console) (Integrated Development Environment for writing Smart Contracts)

RIDE programming language





As of April 2, 2019


Based out of Russia (link)

Waves blockchain uses Proof of Stake. (placeholder to do more research)

They wanted to make a platform where you can create your own token/coin like ETH without having to be an ETH Developer.

Read More here:This is a good post about what Waves is. (details about PoS consensus algorithm and more details here)

They did a Q and A here.




What is Brockcoin??

Brockcoin is already done.

However, my blog post on it got deleted somehow. Going to create “brockcointwo” so I can save the steps that I took.


Here are the steps I followed to create Brockcointwo:

  1. You have to download the Waves Client software to start. I already did that on my home PC, but since I would be using my laptop, I had to download it to my laptop. Each device is a separate Client with its own login and password. If you want to move your coins, you have to send it from one wallet to another. (Unlike Coinbase or exchanges)

2. There is a fee to create your coin and you have to pay it in Waves’ coin, so you have to get some of that to start. Here is what that will cost you.

1 WAVES = $2.87 (as of 4/1/19)

Creation = 1 WAVES

TX FEE = 0.001 WAVES or $0.00287

(BTC TX FEE = $0.19 sending $25)

3. You have to send BTC to the Waves Client. You also have to wait until that TX goes through and is CONFIRMED. (Tanner helped me understand the BTC MEM POOL)

Why is it recorded on BTC blockchain and WAVES blockchain? (?)

4. Wait: Example: 1:00pm until 3:37pm CST (2 hrs 37 min)

5. Log in again.

Waves Client will time out. Good security. Bad convenience.

6. Convert BTC to WAVES

I didn’t have to since the fee is only 1 WAVES coin. But bought 5 anyway:

7. Once you have some WAVES coins, you can go to Token Generation

New Interface:

Old Interface: (when brockcoin was created)

7B. Token Generation Details for brockcointwo:

Full Description:

Just like brockcoin, but spelled different. “one of the best coins out there. most of the same properties as BTC but with 25 cent tx fees. ” Also, this isn’t a shitcoin scam like Tannercoin. #facts

7C: Details Continued:

7D: Turned off “Smart Asset”

8. Hit Generate. (Fee is 1 WAVES coin)

8B. Generate Confirmation Page

8C: Confirmation Page:

8D. SPAM and Suspicious Coins/Tokens:

9. This creates a new Transaction on the Waves Blockchain

10. Portfolio View

11. Now what?

Send it!! (From Home PC to Phone)

12. This creates a transaction. Fee is 0.001 WAVES coin

13. What it looks like on my phone:

Asset List:

Token Details:

Asset Info:

Transaction Details:



brockcointwo is now LIVE!!





3 reasons why bitcoin isn’t dead

Recently I have heard a lot of stories about how bitcoin is dead or that it is “dying.” It isn’t true and most people that do not take the time to learn about bitcoin will find it much easier to grab at national headlines, then to actually do the research and find out the truth.

Instead, I wanted to point out some things that might help clarify the thought that bitcoin will be dying very soon.

  1. Bitcoin’s price is falling. That means it is about to be worth nothing. 

This might appear to be true at first because with other currencies that are backed by a central government, that happens because the central government that backs the currency has some serious problems that is causing the currency to inflate at record speeds. Bitcoin doesn’t have any kind of central authority, so this doesn’t apply. One reason it might be falling is that all the people that are nervous about bitcoin and don’t know as much about it as other people – get spooked and then when one bad story comes out they sell all of their bitcoin. This could be happening to a lot of people and it just so happens that there might be more people selling than buying at this point in time. There are probably a hundred different reasons like this. But once all of those people stop selling, the larger amount of people will begin buying up at a lower price so the price will turn at some point. (Right now I am saying it will take about a week, but I am not financial expert.)

2. Bitcoin has issues that are going to cause it to collapse. 

Yes bitcoin does have some issues. The article points that out. However, I think airing dirty laundry in public was a really bad way to go for him. He could have chose not to release a bunch of negative press for bitcoin, but of course he wouldn’t do that. If a human has a choice between getting attention and not getting attention, most will choose the first.

All of the issues with the block size (and the disagreements) are not as big of issues as people say. Yes the blocksize needs to increase, but it isn’t going to stop working if it doesn’t. It will just take longer for transactions to process. I myself am OK with waiting a little bit longer for a transaction to process, if it means having more security and more flexibility than any other alternatives. (banks)

3. The price is going to keep falling and everyone will see that and will abandon bitcoin. 

Certain people want bitcoin to die. Then they can have their “i told you so” moment. Little do they know, btc would have to reach 0.00000001 before it would get to that point (actually 0.00000000) and even before it got there, there would be so many hardcore believers – like myself – buying that shit up so fast the price would be forced to rise.  And all of this would have to be looked at from a time perspective. The price dropping would happen over a few weeks or months – not years. SO in that context, the few of us that buy up large quantities of bitcoin would then just hold on to it until the price began to rise again.

Continuing on this hypothetical scenario – the price could stay in the pennies for years even – but due to its nature and protocol, it already has the framework built and miners would continue to mine it based on the same theory. So based on miners alone, there would be a majority of miners that would continue to mine because the difficulty would be lowered as miners left which in turn would cause the remaining miners to begin to gain more and more bitcoins each day. (Even after it halves, its still 12.5 bitcoins every 10 minutes.)

In fact, there would be more miners joining because it would be easier to get bitcoins. (It would become more efficient to get the reward.)

The nature of bitcoin involves the currency as the reward, the network as the structure, the protocol as the framework and rules, and the miners as the security. It is the circle of life and it keeps moving day after day while still be attacked.  And it is surviving those attacks. As Andreas Antonopoulos said, it is the cockroach that keeps surviving and it becomes stronger by the day.