Post
Topic
Board Project Development
Re: What is the best way to create a new crypto currency?
by
Mr. Net
on 12/02/2018, 17:27:00 UTC
I guess I have a few questions...

1)  Are some platforms better or more trustworthy for creating new crypto currencies?  Any recommendations?

2)  I want this currency to have a fixed circulating supply.  Does this mean that my coin should not be mineable?  (I don't really know how mining works).  Any recommendations?

3)  My coin will mainly function as a currency.  I was going to use the ETH20 protocol because hardware wallets seem to easily support it.  Would there be any advantage to using a different protocol?

4)  I'd like to eventually get listed on Bittrex, Poloniex, etc.  Does this mean I need to avoid certain coin creation platforms?  Any recommendations?


Thanks!

You'll be better off using BTC or ETH, if you are just going to use it as a currency. Liquidity is the most important aspect of a currency, its useless without it. So go with the one with the most liquidity.