7 Steps to Create Your Own Crypto- currency: A Beginner’s Guide
Cryptos function like fiat currencies, without the centralized bank. Users typically hope to use their coins to store, build, or transfer wealth.
Methods to Create a Cryptocurrency
Creating a new blockchain from scratch takes major coding skills and is the most difficult way to create a new crypto.
Fork Existing Blockchain
Forking an existing blockchain might be a lot quicker and less complicated than creating one from scratch.
Use Existing Platform
The easiest option for those unfamiliar with coding is to one using an existing platform like Ethereum.
After considering the method to use, you can start taking the steps to build your crypto-currency.
Decide on a Consensus Mechanism
Its the protocol that determines whether or not the network will consider a particular transaction.
Choose Your Blockchain
Deciding in which blockchain environment the coin will exist is a crucial step.
This is only the beginning of what you need to know about creating a crypto. Swipe up to learn more.