Fastest and easiest way to make your own cryptocurrency

There are many ways to take advantage of the current crypto boom. The two most popular coins today are Bitcoin and Ethereum. Bitcoin and Ethereum prices have been experiencing high volatility because of global instability, including trade wars. Ethereum differs from Bitcoin in that it has transaction tracking built in, which makes it less anonymous, enabling fraud prevention. Developing your own cryptocurrency from scratch requires significant software development skills, including the ability to create your own blockchain as well as its associated logic. You have to research several issues before development even begins including deciding what issue your blockchain will solve.

Assuming developing your own cryptocurrency from scratch is too cost and time prohibitive, the best alternative is building off of an existing cryptocurrency. One such cryptocurrency that allows this is Ethereum. Ethereum allows you to create an ERC-20 token which you can issue to the market (there is a small fee to activate the token on the network), allowing buying and selling. Making your own Ethereum ERC-20 token takes about an hour. Here are some tutorials that will show you how to make your own token:

How To Create Your Own Ethereum Token In An Hour (ERC20 + Verified)

ERC20 Token Generator | Create your Token for FREE
Easily deploy Smart Contract for a Standard, Capped, Mintable, Burnable ERC20 Token.

Torgeir Storstrand, Tech Writer AIOIS

What is blockchain and what can it be used for?

Blockchain is a database that stores transactions, these transactions or the data stored cannot be modified after the fact.

Linked computer systems verify blocks and each block contains a hash. It also contains the hash of the previous block to maintain integrity. A hash is a form of a coded message in which the data is encoded using numbers and letters. If any data within the block is altered the hash immediately changes and the nodes become aware that the data is not authentic. A change of a single letter in a word would trigger a hash change. Hashes have the same length, regardless of the amount of data. Changed hash breaks the chain and the computing power to keep the chain together with this fake hash would be too high.

Reuters: Blockchain explained

Blockchain was derived from Bitcoin and has gained many institutional supporters. Banks have a unique interest in the technology in that they believe it has value in being integrated into the banking system.

Torgeir Storstrand, Tech Writer AIOIS