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Cryptocurrency Creation

There are various options to create a new cryptocurrency from scratch. However, answers to some fundamental questions must first be provided: what is the purpose/requirements of the new cryptocurrency; what blockchain type is desired (Public, Open, Permissioned, etc.); what consensus mechanism is required; is creating a new blockchain required, or can an existing blockchain be used; will smart contract support be required; what legal/regulatory obligations need to be supported in your jurisdiction, etc. Once these questions are answered, an individual or team can begin the process of creating a new cryptocurrency.

Note: These are non-technical definitions meant for a general audience and should not be used as legal definition
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