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On paper all nice and good, on practice, impossible.
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Since it is not regulated by the government, you can create a crypto coin of your own without needing any government so how do you create a virtual currency in your name? I know there is at least one client in development specifically for nxt monetart system coins, with all the nxt stuff hidden. The node as they call it is the blockchain itself and what makes your coin alive. Here is how to start your very own crypto. Benefits of building your own cryptocurrency:
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Can i make my own cryptocurrency?
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