Thanks for the response. Its true I am out of the Bitcoin Industry for a few years, I used to fork my own coin from Bitcoin and edit the genesis block, launch it etc. get it up on exchange and set up games.
But right now this ETH is puzzling to me.
1) It is easy to setup my initial supply and setup my coin on behalf of my company.
But i got this issue, because if I want to create a wallet for e.g 1000 members of my network, attach their wallet to their account (the import data or whatever), then could I achieve this with ETH network using CLI?
As not all of them download ETH program and sync it, they are not so IT savvy, what I could do is guide them on how to import their wallet to the exchange the coin is listed on.
2) If I set an initial supply of 100 million coin, and I would like to send coin to this "1000 wallet address " mention in (1), could this be done with ETH network smart contract token (A token created under ETH network), is the fees very expensive to send this 1000 transaction.
I know if I fork a coin under Bitcoin, I can do this without paying (gas) or whatever that ETH require when doing a transaction.
3) I would like to list my company coin such as Yobit by paying an exclusive fee, if a token create under ETH network, is it able to be listed on exchange easily (easily as in technically not in acceptance)
Thanks for helping answer my questions.
This could be done as an ERC20 token with some modifications.
1) Members can use a tool such as myetherwallet.com on a trusted computer, or a custom GUI you write that interacts with a geth node. You could even provide a node as long as you sign transactions on member devices.
2) It shouldn't be. Depends on what you consider a terrible level of fees.
3) If it's close enough to the ERC20 standard, exchanges should have no problem listing it since it would be a fairly standard operation for those exchanges that already work with Ethereum tokens.