As I understand it (please correct me if I'm wrong) a typical Litecoin derived alt coin has its own blockchain and can be mined entirely separately from any other crypto-currency. Some alt coin miners may choose to mine the coin because they speculate it may increase in value (amongst other reasons).
If I create my own crypto-currency based on the Ethereum Ecosystem, is it intrinsically bound to the Ethereum Blockchain? Therefore mining will occur only by those already mining Ether?
I did see this post where the author suggests:
Alternatively, I could accept gas fees in a currency other than Ether, by statically checking contracts to make sure they are guaranteed to pay me in some alternative token.
I guess that could occur if you reward miners with your own crypto-currency using:
balanceOf[block.coinbase] += 1;
However, this would require altering the mining software?
Putting all this together, to replicate the concept, withing the Ethereum ecosystem, of an typical Bitcoin derived altcoin (and mining of it). I'd need to create my own token, include the balanceOf[block.coinbase] += 1 within the contract and offer my own mining software (or modification of an existing software) that filters for payments of my token?