I'm in the process of creating a cryptocurrency as we speak! I just finished the artwork, so all I have to do is compile, make a merkle hash, create the genesis block, and voila, I have a cryptocoin!
It uses scrypt, as I just bought an asic for that algo. This asic will provide a basic, starting amount of m/hash fo rth enetwork. I'll post a link to the forum page when I'm done.
-Jack
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