I believe you are ready to create your own cryptocurrency. Without wasting any time let’s get straight to the step-by-step process of creating and launching your own cryptocurrency.
Step 1. Choose a Consensus Mechanism
Consensus mechanisms are protocols that consider a particular transaction legitimate and add to the block.
Step 2. Pick a Blockchain Platform.
The correct choice of a blockchain platform for your business depends on the consensus mechanism you’ve selected. (I’ll mention the top blockchain platforms below for you to choose from)
Step 3. Design The Nodes
You have to decide the workings and functionality of your blockchain and design the nodes accordingly. For instance, will the permissions be private or public? The hosting will be on the cloud or on-premises, or both? What would be the required hardware details for the execution?
