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  • © 2022

Crypto Basics

A Non-Technical Introduction to Creating Your Own Money for Investors and Inventors



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  • Shows how crypto works, how to handle crypto, and how to get started with crypto trading and investment

  • Provides complete step-by-step instructions on how to create and launch your own cryptocurrency

  • Helps you analyze security, privacy, and usability of crypto as a mainstream payment system

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About this book

Use this practical, step-by-step guide for developers and entrepreneurs to create and run your own cryptocurrency. Author Slava Gomzin has created two cryptocurrencies and describes in this book the technology and economics of cryptocurrencies as preparation for crypto trading, investing, and other business activities. A detailed overview of special topics includes security, privacy, and usability of crypto as a mainstream payment system.

Part I, Understanding Crypto, explains the technology and economic, security, and usability aspects of crypto. This is an introduction to the world of cryptography, blockchain tech, and other elements of crypto such as security, privacy, and a detailed review of payment processing. Part II, Using Crypto, provides the practical knowledge you need to dive into the crypto business such as investment, trading, and even creating your own crypto project. Part III, Creating Your Own Crypto, teaches you how to launch your own crypto project and create your own cryptocurrency.

The book covers a key security and privacy topic: the most dangerous crypto attacks.

What You Will Learn

  • How cryptography, Bitcoin, and other cryptos work
  • How crypto becomes money
  • How to use crypto as a payment method
  • How to buy your first crypto and what exchange you should use
  • How to create your own crypto, including advice for DIY or outsourcing the project
  • How to create your own token, from selecting the platform to economic and finances


  • Crypto
  • Blockchain
  • Encryption
  • Bitcoin
  • Ethereum
  • Monero
  • Security
  • Privacy
  • Cybersecurity
  • Coinbase
  • Kraken
  • Binance
  • Crypto Trading
  • Doge Coin

Authors and Affiliations

  • Frisco, USA

    Slava Gomzin

About the author

Slava Gomzin is a cybersecurity and crypto enthusiast, full-stack technologist, and entrepreneur. He is the author of multiple publications on information security and technology, including the books Hacking Point of Sale: Payment Application Secrets, Threats, and Solutions and Bitcoin for Nonmathematicians: Exploring the Foundations of Crypto Payments. Hacking Point of Sale became a handbook and the primary reference for many professionals in payment, retail, and cybersecurity industries. Slava has designed and co-created two cryptocurrencies. Graft (GRFT) was launched in 2018 and, at some point, was in the top 25% of the cryptocurrencies by market capitalization. Lyra (LYR) was launched in 2020 and was designed and coded from scratch using recent advances in crypto technologies. Slava is currently Director of Software Development at Toshiba, focused on payments R&D, product security, and cloud technologies.

Bibliographic Information