Can you create a new coin using a blockchain?
Could you elaborate on the feasibility of creating a new coin utilizing blockchain technology? Specifically, what are the key steps involved in the process? Is it necessary to have prior coding knowledge or experience in cryptocurrency development? Additionally, are there any regulatory considerations or legal requirements that need to be taken into account before embarking on such a project? I'm curious to understand the complexities and potential challenges associated with launching a new coin on a blockchain.