How crypto currencies created? - Page 9 - For Beginners - CryptoTalk.Org Jump to content
Ch Ayyan

How crypto currencies created?

Recommended Posts

For creating a new crypto currencie, you need to be really professional and you need knowledge as computer scientist. For a good crypto currencie, it is required to be really safe and it is important to be safe of hacks. Devs of a crypto currencie need really big knowledge about computer science. 

Because we, as a HODLER, need a safe crypto currencie. Nobody likes it, to be hacked. 

Share this post


Link to post
Share on other sites

 My friend i think they are created at any exchange and from their they are spread in others exchanges.  Exchanges dont purchase crypto, they list crypto, for doing that they charge a hefty amount from those coin developers. The amount is created by a company or by the producers. And the exchange platforms actually contains a portion of the amount from the total cryptocurrencies. And then they let the users to to convert or trade in their platform.

Edited by Bitcoin Earning

Share this post


Link to post
Share on other sites

As a member here it's very important for someone to know about this:'though is not long that I join the forum I always ask and do research on cryptocurrency itself so I think this is another challenge to face to know when this great forum was created and how it start.

Share this post


Link to post
Share on other sites

Hello my dear friend. Forgive me first. There are many things that made of currency, I have no full knowledge about this. But I want to know about this. Then I'll you more about it. Sorry. Thanks.

Share this post


Link to post
Share on other sites
On 3/19/2020 at 7:40 PM, Ch Ayyan said:

I have a question how  crypto currencies created. And from  where exchanges purchase crypto.  We purchase and transfer  our crypto  from  exchanges. We purchase their as we like. But exchanges get crypto from  where? 

Dear everyone wants money and love money not BTC. Actually BTC is just brand but in reality the investers purchase the BTC but not physically just purchase it and sale it and get the benefit. So it's a secret .

Share this post


Link to post
Share on other sites

My dear friend,

I am a new member of Crypto Forum.  I don't know exactly how it was made.  But I have learned something by working.  Exchanges are created for the convenience of trading between users, they are not traders for selling cryptocurrencies.  Seriously your question is not the only one.  These are just some of the questions that you need to research yourself using Google and understand how it works.  Thanks

Share this post


Link to post
Share on other sites
On 3/19/2020 at 7:40 PM, Ch Ayyan said:

I have a question how  crypto currencies created. And from  where exchanges purchase crypto.  We purchase and transfer  our crypto  from  exchanges. We purchase their as we like. But exchanges get crypto from  where? 

Hi friend,  l am new here .I think you asked  about mining of bitcoins.For this you should read the rules and process of purchasing and transfer.Best of luck.

Share this post


Link to post
Share on other sites
On 3/20/2020 at 1:44 AM, tienda said:

The goal of the creator of Bitcoin Satoshi Nakamoto is about the fast and cheap transaction between person without third party this means Peer to Peer, I think this is the real secret of Satoshi Nakamoto.

Well, thanks for this information sir, i really don't know why this cryptocurrency made at all because i just used it in trading and investing, it's good for me to know it's background and you helped me to know it for first step, i hope you will continue to make a quality post sir.

  • +5 1

Share this post


Link to post
Share on other sites

Trades will ordinarily buy any coin from really the coins organize or the company of that coin, that's , having to reach to the maker on such choices of having to purchase coins into an trade, particularly when it's still a unused coin on the showcase.

Share this post


Link to post
Share on other sites

Cryptocurrency is created by code.New coins are created when transactions are confirmed by a process known as mining.With that said while coins like Bitcoin and Ethereum use mining, not every cryptocurrency uses mining to generate new coins and coins can be created some other ways as well.

Share this post


Link to post
Share on other sites
On 19/03/2020 at 7:40 PM, Ch Ayyan said:

I have a question how  crypto currencies created. And from  where exchanges purchase crypto.  We purchase and transfer  our crypto  from  exchanges. We purchase their as we like. But exchanges get crypto from  where? 

I think the owner of bitcoins make this currency because its a very cheap transaction and mean of exchange money from one person.to the other in.short period of time so that why they create this currency 

Share this post


Link to post
Share on other sites
On 19/03/2020 at 5:40 PM, Ch Ayyan said:

I have a question how  crypto currencies created. And from  where exchanges purchase crypto.  We purchase and transfer  our crypto  from  exchanges. We purchase their as we like. But exchanges get crypto from  where? 

The attack of huge capital in the world towards a particular currency makes the price of this currency in the money, where the price of a stock, a cryptocurrency, or even a product rises if the demand for it increases according to the law of supply and demand

Share this post


Link to post
Share on other sites

I think the exchanges have a different part of where you can get cryptocurrencies, as surely there must be some kind of site where you can buy cryptocurrencies that works exclusively for some exchange, we to our thing, use the exchanges.

Share this post


Link to post
Share on other sites

Dear in 2008 white paper  published by Satoshi Nakamoto. He is Japanese .Cryptocurrencies are generally generated by their own blockchain like Bitcoin and Litecoin whereas tokens are usually issued within a smart contract running on top of a blockchain such as Ethereum.  I hope this information helpful for you .

Share this post


Link to post
Share on other sites

I do not know how cryptocurrency are created and I think it's most interesting question of the forum because everyone wants to know about cryptocurrencies because these days cryptocurrencies are very popular in the world so everyone wants to know that  how they are created.

Share this post


Link to post
Share on other sites

Cryptocurrency creation is a very difficult business. Cryptocurrency codes, cryptocurrency advertising money, and salaries for programmers who work on cryptocurrency codes. I also not know about this. But google know about all the thing. If you want a right answer than you should go to the google search engine and search there. We will get the right answer 

Share this post


Link to post
Share on other sites

I am new in the crypto world. I have not clear knowledge about how created cryptocurrencies. But I think anyone need first have enough money to launch a new coin. Then he needs to launch the coin in most exchange platform. At first, he needs to advertise about his currency and need to give airdrops.

Share this post


Link to post
Share on other sites

Their are many apps and websites to create cryptocurrency wallet such as payeer okex coinbase and trust wallet which we can easily withdraw our cryptocurrency withdraw. These are downloaded from playstore apps

Share this post


Link to post
Share on other sites

Cryptocurrency is a virtual forex.  Whose life is most effective at the net.  However, to be able to develop cryptocurrency, one must have properly capabilities about cryptocurrency.  We can purchase and promote cash on diverse change websites. The medium of alternate is the growth in deposits on the change web page.  It grows thru change and funding.

Share this post


Link to post
Share on other sites

Cryptocurrencies are digital currencies that were created on the blockchain network so that they become a decentralized currency, which means that it is not possible to know who is the owner of the cryptocurrencies, nor can they be traced to so that the owners would remain anonymous and also to do  fast and secure transactions and all over the world.

Share this post


Link to post
Share on other sites

Hi my companion .. I wish you great and accomplishment in your work. Much obliged to you for your helpful inquiry. Yet, I am as yet another part here. I don't have clear thoughts or a total answer on this subject. As I would like to think, counsel the older individuals who have full insight on this theme and offer you a sufficient response

Share this post


Link to post
Share on other sites

Hello friend, since the first cryptocurrency appeared in 2009, there are many people who show interest in how and where they are created either out of sheer curiosity or with the firm motive of competing in the ecosystem. Currently there are various platforms that allow you to create cryptocurrencies in a very simple, some more revolutionary than others, but all based on the same principle, blockchain technology, I hope my research is useful.

  • +1 1

Share this post


Link to post
Share on other sites

My friend I want to tell you that the cryptocurrency is a digital currency and Bitcoin is a type of the digital currency or a cryptocurrency there are no any owners of the Bitcoin and no any one control the price of the Bitcoin the price of the Bitcoin is controlled by the investment

  • +3 1

Share this post


Link to post
Share on other sites

I'm unable to give answer to you to a satisfactory level.I have no idea that where Cryptocurrency digital currency was created. I'm new on this forum and don't have much knowledge regarding cryptocurrencies. 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...