If you want to know how to create cryptocurrency, you need to have some programming skills. The simplest explanation is that cryptocurrency represent forms of digital money that allow you to shop online.
Unlike regular currencies, they are available only on the Internet and aren’t supported or controlled by banks and governments.
This has advantages as well as disadvantages, which we will talk about later.
The cryptocurrency is decentralized and managed by a computer network instead of one person or company.
The money you own is stored in a digital wallet that you hold on a cloud or offline on a computer and you can send it to somebody over a computer or mobile device such as a smartphone. Each transaction is recorded in a so-called blockchain that is publicly available to all currency owners.
Basically,understanding blockchain implies that it actually represents a computer file, a file that is used to store data – information in digital wallet.
You must create digital wallet if you want to deal with crypto mining.