I'm fairly new to the crypto world but I want to make my own blockchain and I want to target a specific industry and have tokens only allowed on it if they're SEC compliant.
For a non-programmer, I think it looks pretty easy to use previously written code, change a few things (with the help of a blockchain developer that i pay hourly from upwork.com) and deploy it.
Will I have to mine tokens myself?
Will I have to have very fast internet and an expensive computer to do that?
What are some things I'm not thinking of in this process...it sounds too simple.
That's quite a task that you want to achieve considering that you have no programming experience whatsoever. It's hard to leave a task to a freelancer you don't completely know given that they could plant a dormant exploit on your code and hide a backdoor if it involves money. But anyways, if you want it to get done and you don't have the expertise to do so, they'd be your savior.
It is pretty easy to copy the codes and change some parts, but again it depends on how would you want to have your coin tailored since many changes could also mean a lot of time (and money) to be spent on your project. From the looks of it. this isn't a serious project at all, considering that you don't want to hire a full team of developers to work at such. Upon the creation of your token, you will have to mine it for yourself first and let everyone know that there is
someone interested in mining it. You don't need the fastest internet in order to do mining, just a reliable and secure one. As for the machine you'll use to mine, it depends on what algorithm your token would be.
I'm not entirely familiar on how they create a new token/crypto but it does take a lot of work aside from hiring a relatively unknown developer. Good luck.
