Post
Topic
Board Project Development
Re: What is the best way to create a new crypto currency?
by
innovatethespace
on 13/02/2018, 23:53:07 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!

Hi There,

Being ambitious is a great thing and no better place than learning about blockchain. I suggest you work through some books or quick courses. Knowing how the basics work is a must. I recommend:

  • Blockchain - Blueprint for a new economy - Melanie Swan; to appreciate general use cases for the technology
  • Mastering Blockchain - Imran Bashir; for a deep dive

Wish you all the best.