How to create your own cryptocurrency
Contents
Getting Started
One of the easiest ways to get your own blockchain up and running is with ForkNote, a CryptoNote blockchain fork with easy to setup configuration files. In this tutorial I make a few assumptions; mostly that you are comfortable on the Linux command line, know how to use tools like SSH, and have a basic understanding of networking and computing terminology.
Creating your Seed Nodes
Before you can create your blockchain you're going to need seed nodes, basically the place where all other nodes are going to look so that they can update their own chain and find other peers. You'll need a minimum to two seed nodes to start. For our purposes, we're going to be using $5 / month instances on Amazon Lightsail.
Create Your Instances
- Go to [1], if you do not have an account you'll need to create one.
- Click on the "Create Instance" button.
- Select "OS Only", name your instances something meaningful, and create two them.
Setting Up Your Local Node
Creating your local node is exactly the same as setting up your seed nodes, except this is where we will also be creating our wallet and doing our mining.