Creating your own cryptocurrency is a process that requires both technical knowledge and a clear plan. The first step is choosing a platform: you can use ready-made solutions such as Ethereum or Binance Smart Chain or create a blockchain from scratch. Next, you need to decide on a consensus algorithm that will ensure network security, such as Proof of Work or Proof of Stake.
After technical setup, it is important to consider issues related to coin issuance and distribution. Approximately 20% of coins can be reserved for the development team, while the rest are allocated to investors or users. It is also necessary to create a wallet for storing the cryptocurrency and an interface for its use.
Do not forget about legal aspects—study cryptocurrency regulations in your country to avoid issues with regulators. It is important to remember that the successful launch of a cryptocurrency requires significant efforts in marketing and user engagement.
