There are various options to create a new cryptocurrencyA cryptocurrency (or crypto currency) is a digital asset des... More from scratch, however, answers to some fundamental questions must first be provided: Consider what is the purpose/requirements of the new cryptocurrency, Select the blockchainA blockchain—the technology underlying bitcoin and other c... More type: Public, Open, Permissioned etc. Select a consensusConsensus is a mechanism, usually used by most nodes on the ... More mechanism based on the requirements, Consider whether it will require to create a new blockchain or use an existing blockchain, Consider whether it will be required to support smart contractsWhat are smart contracts? A smart contract is a computer pro... More, Consider legal/regulatory obligation in your jurisdiction etc.