Post
Topic
Board Altcoin Discussion
Re: Bitcoin Clones
by
jacktheking
on 24/04/2015, 08:02:35 UTC
I want to ask something.

There are so many bitcoin clones since it is open source. I also saw cryptonote. And nxt. What do they get by creating a clone? Why not focus all the efforts to bitcoin?

Also, how much does it cost to create a new coin?

Some create new clone because they want to pump and dump. Well.. they will get rich faster. Some create new clone because they believe they would like a new currency with their own way of doing. Take Hyper for example.. it is created for gamers.

Starting a new coin is very easy - provided you have basic computing skills. There are lots of tutorial on the internet teaching you how to create a new coin.