[Idea] A private version of Ethereum

[EncryptedSingh]

Coindesk Jul 8, 2020 "Circle Confirms Freezing $100K in USDC at Law Enforcement’s Request"

Ethereum is a great piece of technology but it isn't reaching its full potential. Though I am a layman in terms of crypto development, I truly believe that there should be a crypto like Ethereum but more private.

Let's say I have 100 of Token "A" and of Token "B". The 100 "A" tokens are on this private network and Token "B" is on Ethereum. Now let's say Token "B" had a connection to an illegal trade, the user that had traces to Token "B" could be found. If you believe you are safe while using Ethereum please read this article by Decrypt, "https://decrypt.co/19423/we-tracked-133000-ethereum-names-and-exposed-their-secrets". Now let's say Token "A" had a connection to an illegal trade, well on the private network no one would know as it would be private, duh.

This private network would in theory allow token users and dapp developers to move tokens in private.

I am a layman in terms of crypto development like I said before but this is a very promising idea. Maybe so developers would want to create a team that could make this a possibility?

Thank you for reading

[VSYNC_]

If you like this idea you should start teaching yourself blockchain dev, Solidity programming and learning about smart contracts so that you can build this yourself.

[EncryptedSingh]

What's the best place I could learn about blockchain development?

[coupable]

What's the best place I could learn about blockchain development?

Ask google and you will find a lot of platforms/universities offer courses for blockchain development. This article is a great one: Top 10 Platforms / Courses for Learning Blockchain
But this would take a lot from your time and efforts and you will need to have a long experience before to think building your own project for real. Don't hesitate if you really want to be a Blockchain dev but suggest you not to do this if you are only willing to realise the idea you described in op.
Instead, you can try posting your idea in Project Developement board, and ask for a dev(s) to partener with. If your idea is really promising, you may find someone ready to help. Good luck

[tippytoes]

You can also check the online courses here - Some are free and the other one in udemy is pretty cheap. Also, coupable said you can also search google and check which one suits you best.

https://www.coursera.org/specializations/blockchain
https://www.udemy.com/topic/blockchain/

[Casdinyard]

Let's say I have 100 of Token "A" and of Token "B". The 100 "A" tokens are on this private network and Token "B" is on Ethereum. Now let's say Token "B" had a connection to an illegal trade, the user that had traces to Token "B" could be found. If you believe you are safe while using Ethereum please read this article by Decrypt, "https://decrypt.co/19423/we-tracked-133000-ethereum-names-and-exposed-their-secrets". Now let's say Token "A" had a connection to an illegal trade, well on the private network no one would know as it would be private, duh.

AFAIK, decentralized cryptos are more often be public with their transactions, even the centralized ones as well. Publicity of transactions is what the idea of the blockchain is, where you can see how and when the blocks move and how much amount it transacted. But why would someone make a private-crypto? it would give a less trust as the publicity makes a crypto transaction much easier to safe guard, and with such privacy, there would be no chance that a scammed person would even know where the hell is the transaction or if ever the amount were still pending or not.