How much does it cost to create a blockchain?

Cost of Blockchain Implementation: Process Milestone Wise Cost DistributionIn-HouseQuality Assurance25%Deployment and 3rd party CostPrivate Blockchain: ~$1500/month Public Blockchain: $0.01 / transaction-based for public blockchain + ~$750 for 3rd partyMaintenance Cost~15% to 25% of the overall project cost.Cost of Blockchain Implementation – LeewayHertz www.leewayhertz.com › cost-of-blockchain-implementation

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Is it hard to make your own blockchain?

Regardless, you will need more technical expertise, as creating your own cryptocurrency with its own blockchain is harder than creating a simple Ethereum token . That being said, the process can take a few minutes if you just copy the code of an existing asset like Bitcoin and just add or change a variable.

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Can blockchain be scalable?

Possibilities for Blockchain Scalability Proof-of-Work-based permissionless blockchain networks are capable of offering a transaction throughput of almost 10 transactions every second . Furthermore, some technical modifications could help in improving the transaction throughput to almost 100 transactions every second.

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