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How to Create Your Own CryptocurrencyModify or Fork an Existing Blockchain. How To Create Your Own Cryptocurrency: Step-by-Step Guide � Step 1: Research the Use Cases � Step 2: Choose a Consensus Mechanism � Step 3: Select a Blockchain. How to Make Your Own Blockchain & Create a Cryptocurrency The Easy Way � #1 Define Your Objectives. � #2 Choose a Consensus Algorithm � #3 Choose a Blockchain.