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When creating a cryptocurrency, its crucial to comprehend the different use cases in the market, including payments, decentralized finance DeFi, NFTs, and more, to make informed decisions. Consider tailoring your cryptocurrencys features and capabilities to cater to a specific purpose. This approach allows you to leverage the existing blockchain infrastructure effectively. To make this work, you need to create a private key and a public key. These two keys will be in some kind of mathematical correlation and will depend on each other. The algorithm that you will use to make these keys will assure that each private key will have a different public key. As their names suggest, a private key is information that you will keep just for yourself, while a public key is information that you will share.

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