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1) Will your new cryptocoin be mineable on CPU or GPU ?
2) What kind of proof of work it will use ?
3) What else will differ it from Bitcoin ?
2) What kind of proof of work it will use ?
3) What else will differ it from Bitcoin ?
Is it possible to only be minable on 1? More to the point, the coins themselves are RSA keys, (p*q where p,q are both prime). There are two ways to add a coin to the chain, A) solve some problem, probably the same one bitcoin uses for mining, or B) prove that you you know p,q for some coin that already exists (you do not need to show which coin you know).
The concept for spending a coin is that the receiver sends you p*q, and you use method B to add p*q as a coin to the chain, while providing a proof that you know (p,q) for a coin already in the chain, and some function of that coin so that you cannot spend it later.