Creating Your Own Cryptocurrency: Ledger Systems

Congratulations! You're ready to create your own cryptocurrency, but first, you need to choose a blockchain algorithm. It's like choosing a flavor of ice cream, but instead of chocolate and vanilla, you have:

• Proof of Stake (PoS): For the lazy investors who don't want to mine for fun.
• Proof of Work (PoW): For the thrill-seeking miners who enjoy a good puzzle.
• Delegated Proof of Stake (DPoS): For the "I'm too busy to mine" crowd.
• Byzantine Fault Tolerance (BFT): For the "I'm too paranoid to trust anyone" crowd.
• Leased Proof of Work (LPoW): For the "I'll just rent a mine" crowd.
• Omission Proof of Work (OPoW): For the "I'll just omit proof of work altogether" crowd.
• Proof of Authority (PoA): For the "I'm the only one in charge" crowd.