Who owns a cryptocurrency wallet?

The owner of a wallet is the individual who has access to the private keys associated with that wallet. Private keys are used to sign transactions and allow the transfer of cryptocurrency to other addresses. Whoever has access to the private keys has control over the wallet and the funds stored within it.

Who can create a cryptocurrency?

Anyone can create a cryptocurrency if they have the right skill sets. Creating a cryptocurrency from scratch requires skills in one of several available programming languages. You can find automated cryptocurrency creation websites that will make one for you.

How do you verify ownership of a cryptocurrency?

The process to verify ownership varies slightly depending on the cryptocurrency. For instance, in order to prove ownership of Bitcoin, you can generate a hash of an arbitrary message with the private key, which also provides a valid signature. Then, you can copy and paste the signature to a prompt or pop-up for the BTC address.