Hi All,
I want to run my own crypto currency and also fund the blockchain software to do so on GITHUB.
What will i need to properly start my project can anyone help me understand?
Is UBUNTU Server a must?
It's not 'that' difficult to create one, obviously dependent on your technical skills. I appreciate this might sound a little rude, but it might not be something you are comfortable with?
There are services like:
https://www.walletbuilders.com/ that will build altcoins for you. This isn't a vouch for the site, I've no idea if it actually works.
Quick google gives this set of instructions:
https://gist.github.com/mhsjlw/8130158de01071aa8c87Creating the cryptocurrency is the easy part, I'd imagine the marketing and then actually making the coin worthwhile for people to mine/use is going to be a difficult task especially in the day and age of Ethereum and other innovative tokens.
It's easy to fork a cryptocurrency but adding actual unique features and developing it actively is difficult.
OP if you're asking that question then maybe you shouldn't create one yet, take a look at Bitcoin's source code and learn how it works first. That would be a good start.
Exactly. There's no point in creating a clone coin that does nothing new, especially now that there are hundreds and soon to be thousands.
Discuss your ideas with people knowledgeable about Cryptos to get feedback and perhaps polish the concept, change it completely or simply start again. One mistake first time Entrepreneurs make is thinking that they shouldn't tell people their idea because they might steal it. In Cryptos, there are a bazzillion good ideas and room for more than one of the same ideas (eg. Augur vs. Gnosis).
Creating unique features in a crypto requires a fair bit of coding labour. So you'll either have to spend a bunch or get talent believing and boarding your crypto train.
If your idea doesn't require unique features, make a token on WAVES, BURST etc... and make it rain with shitcoin.
