Quick Couple Questions from a Newbie.

[Psiop]

Hey there all you forum go-ers. I am new to this lovely corner of the internet, as my post count will show, but I have been lurking for a while now.

The reason for my post here, in this section, is somewhat complicated and due to reasons that may seem obvious soon, is somewhat complicated and unable to be explained in great detail.

1 - If I am looking to seek assistance with a coin development, using either a Current working algorithm or a new one, is this the correct forum to post in, and if not, where should I direct my posts?

2 - Does anyone know of a current way to assure that a coin idea remain unable to be stolen, and executed on, while still being able to discuss it, such as a limited patent or idea ownership, etc.?

3 - In the event that this coin does get pushed out and becomes a thing in the near future, there is one stumbling stone that I see and that is the initial development "Funding". I have seen some people use pre-mines, taxes, profit yields, trusts, etc. but, what I am curious about is what the normal cryptocoin user finds to be most fair. Obviously, a team needs some motivation to work, Funds can help make that motivation more pressing, while also making sure no one thinks anything shady with the way that those funds are collected.

4 - Finally, if you post here, please -PLEASE- leave an answer to this question as in many ways, it has more weight on the decision that I will make about pursuing this coin. The question is simple - If there was a way to have Blockchain and Cryptocurrency start having a profound and unprecedented positive effect upon the world, even if it meant rough waters, would you, as a consumer, support it?

Thanks a ton for taking any time at all to look over this post and I look forward to not only any responses here, but also in the future topics to come.

[aleksej996]

1. Sure. Best to go to altcoin discussion board.
2. There is no way. Even if you patent it, no one will care. If someone wants to copy your idea, they will do it. There are no laws in cryptospace.
3. You can just announce it before it starts and since you will probably be the fist one to mine, you will be earning the most. Kind of like it was done with Bitcoin.
4. Chances for it to be very useful are slim to none. If it was the most amazing coin in the world, maybe. Bitcoin is the safest option and even altcoins with more development and more advanced technical ideas all fall to Bitcoin. Bitcoin was first and a coin needs to be 10 times better if it wants to take some place near Bitcoin. I don't believe there will be many good crytpos in future. There will be Bitcoin and maybe few others and then microcoins, that are worth almost nothing.

[buwaytress]

1 - If I am looking to seek assistance with a coin development, using either a Current working algorithm or a new one, is this the correct forum to post in, and if not, where should I direct my posts?

It's not a wrong place, but you might find more useful discussions in the Altcoin Discussion section: https://bitcointalk.org/index.php?board=67.0
If you're a complete newbie as you claim, I might also recommend Bitcoingarden.org forum, if you want to find altcoin developers and communities. There's a lot of support there for new projects.

2 - Does anyone know of a current way to assure that a coin idea remain unable to be stolen, and executed on, while still being able to discuss it, such as a limited patent or idea ownership, etc.?

Pre-launch you mean? I suppose the only way is to do it like most projects do. Work within team communication channels. Once you go live, however, it's open game. That's actually supposed to be the way it works.

3 - In the event that this coin does get pushed out and becomes a thing in the near future, there is one stumbling stone that I see and that is the initial development "Funding". I have seen some people use pre-mines, taxes, profit yields, trusts, etc. but, what I am curious about is what the normal cryptocoin user finds to be most fair. Obviously, a team needs some motivation to work, Funds can help make that motivation more pressing, while also making sure no one thinks anything shady with the way that those funds are collected.

Actually, funding is not necessarily a stumbling block. Bitcoin is a good example of people whose prime motivation was that their idea had the potential for precisely what your next question suggests: "a profound and unprecendented positive effect upon the world". There are plenty of projects I like, who also never funded. Byteballs, for example, had a distribution model based around Bitcoin users and owners.

4 - Finally, if you post here, please -PLEASE- leave an answer to this question as in many ways, it has more weight on the decision that I will make about pursuing this coin. The question is simple - If there was a way to have Blockchain and Cryptocurrency start having a profound and unprecedented positive effect upon the world, even if it meant rough waters, would you, as a consumer, support it?

Thanks a ton for taking any time at all to look over this post and I look forward to not only any responses here, but also in the future topics to come.

I'm using Bitcoin. That's a big, resounding yes, at least in my small view.

[Psiop]

@aleksej - Thanks a ton for all the input. As for the last question, I didn't say I want it to be better than bitcoin, nor as profitable. What I am seeking to do is attack a certain space, and if it does work, it will disrupt things that haven't been able to be touched in a long time. I don't expect this coin to be the next Ether, Zcoin, Dash, or any of those. Now, what I do expect if things work, is for the idea that is central to the coin to actually take root .

@buwaytress - Thanks for the feedback. I am somewhat confused about your answer to the funding question though. Are you saying that just announcing early and mining would be enough or something else?

[buwaytress]

@buwaytress - Thanks for the feedback. I am somewhat confused about your answer to the funding question though. Are you saying that just announcing early and mining would be enough or something else?

I guess what I'm trying to say is that, quite a number of projects were (or are) run by enthusiasts or part-time developers who really believe in their own project. If anything, great ideas are generally developed without funding - it's the product or adoption later on that needs funding. That's how a lot of great ideas happen even outside of crypto. Inventors working from their shed, writers scribbling on napkins. Tolkien wrote a lot of his draft material while fighting the first world war! You could argue that funding would have made things easier - but with crypto, especially, I think you could get a lot of work done at nothing more than the cost of electricity for your computer and time on your hands.

What you mentioned about early announcements. That might attract interest from like-minded individuals.