How to create your new cryptocurrency like bitcoin?
Creating
a new cryptocurrency like bitcoin will be an challenging task.
There
are many ways to create a new cryptocurrency. Here are some top
methods for creating the new cryptocurrency in an easier way.
1.
Want to create your new cryptocurrency from the scratch ?
Build
a new blockchain from the scratch in which business people need
to create a whole network where business people need to define miners
and type of algorithms like proof of stake, proof of work, proof of
burn or something else as verification mechanism and Node management.
It is very costly in terms of time, effort and money.
2.
Want to rebuild your cryptocurrency from the existing blockchain ?
The
second choice would be making a new cryptocurrency on an existing
blockchain. It is relatively quick, stable and easy to maintain
as compared to the previous one. There are four main platforms named
as Blockstack, Ethereum (ERC20 Tokens),HyperLedger and Qtum,.
3.
Build your new cryptocurrency by taking a clone of famous
cryptocurrency like bitcoin
The
third choice is creating the new cryptocurrency by taking a clone
of the top cryptocurrency. This will be an easy method for
creating a new cryptocurrency like bitcoin,litecoin.
Developcoins
provides you the complete business service for creating a newcryptocurrency with secured blockchain application.
Know
about its services in detail by
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