How to Create Cryptocurrency like Bitcoin? [Video]

In this article, I aim to outline the process of creating a cryptocurrency like Bitcoin. This will help readers to get a good understanding of the challenges and rewards that such a project can entail.

Creating your own cryptocurrency — pros and cons

With so much money to be made by simply investing in cryptocurrencies such as bitcoin, ethereum, litecoin, and ripple, why would anyone spend their time trying to start a new cryptocurrency that has no guarantee of success?

Well, two main factors seem to motivate people to create their own cryptocurrency — potential financial rewards and the desire to create a successful cryptocurrency that furnishes a much-needed market.

The creators of the Ethereum project provide a good example of what it takes to succeed in the cryptocurrency market. All the individuals involved …