Step-by-Step Guide: How to Create Your Own Cryptocurrency – Coindoo

Introduction

Did you know, there are different forms of money? Not just real and counterfeit. Those categories were relevant in the 20th century. Now we have Cash money, digital money or money that can be accessed through online mediums, and plastic money which refers credit cards and debit cards.

But in the last decade, the whole world has seen the emergence of a new form of money. It is definitely the cryptocurrency. Cryptocurrencies or virtual currencies are digital assets which can be used as a medium for exchange. Some notable instances of cryptocurrency are Bitcoin, Dogecoin, and Dentacoin. There are many more such cryptocurrencies available online.

It is important to keep in mind that the cryptocurrency operates on the digital domain. It is not part of the daily economy. Digital currencies cannot be used in lieu of regular money. Another way to look at it is that the digital currency space is…