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Author Topic: [Guide] How to create your own cryptocurrency in less then a minute  (Read 709 times)
biggzi (OP)
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July 18, 2017, 10:28:24 PM
 #1

Up until recently is was not exactly straight forward to create your own cryptocurrency. You had to be quite a skilled programmer with an in-depth understanding of Blockchain, auditing and a number of different programming languages.

Well the innovative team behind the Waves Platform have taken all of the leg work out of it for you! Even giving you the ability to instantly start trading your new crypto within the Waves Decentralized Exchange.

Using the Waves Platform you can literally create your own cryptocurrency in seconds!

Here are some step-by-step instructions.

  • Download the Waves Wallet or use the official Web Wallet
  • Click on the Token Creation tab
  • Give your token a name, how many you would like to create, if you want it to be re-issuable (re-issuable means you can create more in the future / not a fixed amount) and how many decimals (Max: 8 )
  • Hit Submit
  • Boom. You now have your own crypto currency which is immediately tradable on the in-built Waves Decentralized Exchange (DEX) or it can be listed on any other exchange.

Takes 10 seconds and costs 1 Wave to create.



You can buy Waves from Bittrex or from the Waves DEX within the Waves Wallet.

For more info on Waves Platform you could check out my Quora Article and feel free to follow my blog….

Why I have Invested and Believe in The Future of the Waves Platform
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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cocoinin
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July 19, 2017, 02:28:44 AM
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And other people, if they want to buy it, do they need to use some special software? Or usual waves wallet is OK? Or any wallet?
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July 19, 2017, 04:50:34 AM
 #3

Alt coins just jumped the shark. This alt coin shit is officially a bubble. Stay away from any publicly available alt coin!

Closed circuit alt coins are OK, some currency for an organization, company, loyalty program, school, etc. That's all good. But as a "real" currency, like to replace fiat, stay as far away as possible. All these alts are a mirage...98% serve zero tangible purpose other than to make one person a little bit of money.
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July 19, 2017, 04:44:32 PM
 #4

This is very easy but actually the project should be supported by huge community behind to make success or must need more technical person to add more features by programming and so on ....etc so it is not for everyone either community behind or technical skills

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FractalUniverse
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July 19, 2017, 06:39:48 PM
 #5

What you'll get is just some waves based token with no use.
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