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Topic: Is it hard to make your own kind of cryptocurrency ? (Read 234 times)

jr. member
Activity: 56
Merit: 2
 Making a new digital currency is surprisingly easy for someone with even basic coding skills. But coding isn’t the only step to getting your digital currency off the ground.
hero member
Activity: 1176
Merit: 509
There's just so many type of coins now

Why do they need to create it and is it hard?

Why not focus on the highest currency bitcoin?

I think creating coin now is as easy as 1,2,3 because you can creat a coin via waves or ethereum through ERC20 wallet but creating a quality coin is a different thing because you need a very reliable team. One of the reasons that I can think why there are lots of coins now in the market is because some people just want to scam others. It is much better to focus on blue chip coins or coins with quality and promising future. Be extra careful on what coin to invest. Good luck!
sr. member
Activity: 714
Merit: 250
There's just so many type of coins now

Why do they need to create it and is it hard?

Why not focus on the highest currency bitcoin?

cant easy, reason high prices bitcoin because of an altcoin trade in exchange , or transaction bussines with bitcoin have big volume. altcoin is a variation from creation of cryptocurrency. the use of altcoin is a smartcontract bussines like a eth, altcoin is offer some one the best ways, to make high price for btc .
jr. member
Activity: 48
Merit: 10
You can make your own token which is a easier, based on say ETH or NEM, and use it for your own project, idea, charity, fund raiser etc...
full member
Activity: 546
Merit: 102
altcoin is needed to stabilize all crypto prices, so as not to be fully controlled by bitcoin.

and also some altcoin is designed as an alternative to bitcoin that has a large fee transaction and a long confirmation time, such as ethereum, dogecoin, litecoin, dash etc.
sr. member
Activity: 851
Merit: 254
Borderless for People, Frictionless for Banks
alternative coin need to keep stable all crypto price, also as balancing value coins. but only seriously project can survive.
full member
Activity: 420
Merit: 101
each crypto currency has its own function, we can not just rely on bitcoin, we need an alternative bitcoin, because the more here the cost of bitcoin transactions more expensive
newbie
Activity: 12
Merit: 0
There's just so many type of coins now

Why do they need to create it and is it hard?

Why not focus on the highest currency bitcoin?
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