Chapter 19. Creating Your Own Currency
Up until now, we have talked extensively about blockchain, Bitcoin's, and Altcoins. We have discussed various intricacies involved in Bitcoin's, its blockchain, and other elements that form the blockchain. Ethereum has been a good topic of interest for most parts of the book so far. We have also read about other blockchain-based projects that comprise currency-based projects.Â
Ethereum has made it possible to make decentralized applications despite having little development knowledge. There are various tokens available at exchanges that are built on top of Ethereum and other similar projects, and are being recognized by backers and the community.
In this chapter, we will be discussing the following topics:
- Types of cryptocurrency
- Setting up Litecoin
- Forking the Litecoin repository
- Creating one's own coin on top of the Litecoin repository