Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: MelchiZedek on July 23, 2018, 06:15:57 PM
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At first, one has to bootstrap a whole blockchain network before he could create a cryptocurrency or ICO. And creating, securing and maintaining a blockchain network from scratch is very hard. But Vitalik Buterin, cofounder of ethereum made ethereum in a way that one can create a blockchain application on top of it without actually having to bootstrap a blockchain network himself. Thereby making it easier to develop your own cryptocurrency or ICO. Do you think this has contributed to the many scammed projects we see today, since one does not need to work hard from scratch and also considering the fact that most of the ICOs are built on the Ethereum blockchain?
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I don't think Ethereum contributed to scam project.It is the people headed the project contibuted the scam project.
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Kalau menurut saya Ethereum tidak ada scam alias penipuan karena Ethereum itu adalah partai besar buat apa Ethereum buat scam, Ethereum berkoalisi atau membuat proyek scam ya tidak mungkin
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It's not really ethereum contributing to any scams as much as it is scams building on their platform. Ethereum can't really do anything about that, and I'm sure there are some scams out there. Just do your own research before investing and you should be fine.
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Ethereum is not a scam or intentionally to take part of the scam but it was the bad people who use the Ethereum plarform to steal the hard earned money of the people are the real scam. Like this project https://steemit.com/cryptocurrency/@dimitrij/ethtrade-scam-part-ii-the-retrieving-of-funds-by-ethtrade-support-scam-scam-scam in which it steal millions of dollar worth of Ethereum and Bitcoin so review well a project before joining.
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if we are in doubt, it would be better if our investment is waiting for a project that has succeeded in that way. that's a smaller risk
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I don't think that ethereum contributed to scam projects just due to many scam ICOs be built on ethereum's platform out there, we can not blamed to ethereum due to this problem should we must be more carefully when choose the ICOs projects than blaming the ethereum.
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Yes that is the weakness of ethereum that I saw during my study of crypto. all ico can make token freely using ethereum platform. examples such as airdrop that send 0 eth to get free tokens.
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At first, one has to bootstrap a whole blockchain network before he could create a cryptocurrency or ICO. And creating, securing and maintaining a blockchain network from scratch is very hard. But Vitalik Buterin, cofounder of ethereum made ethereum in a way that one can create a blockchain application on top of it without actually having to bootstrap a blockchain network himself. Thereby making it easier to develop your own cryptocurrency or ICO. Do you think this has contributed to the many scammed projects we see today, since one does not need to work hard from scratch and also considering the fact that most of the ICOs are built on the Ethereum blockchain?
No I think ethereum is good coin..Ethereum hasnot contributed to scamed project.
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Those who do not want to work are just taking advantage of the wonderful technology of ethereum blockchain and scamming people. Ethereum in itself has not contributed to these scams in anyway. You can use the analogy of a gun in this case.
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post like this that can make me learn, many I do not know in cryptocurency, let alone the discussion about blockain I have not really understood about it.
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I don't think they contribute directly to the scam ICO. of course, there using the platform but it does meant that eth is responsible to the outcome of their project.
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At first, one has to bootstrap a whole blockchain network before he could create a cryptocurrency or ICO. And creating, securing and maintaining a blockchain network from scratch is very hard. But Vitalik Buterin, cofounder of ethereum made ethereum in a way that one can create a blockchain application on top of it without actually having to bootstrap a blockchain network himself. Thereby making it easier to develop your own cryptocurrency or ICO. Do you think this has contributed to the many scammed projects we see today, since one does not need to work hard from scratch and also considering the fact that most of the ICOs are built on the Ethereum blockchain?
No I think Ethereum hasnot contributed to scammed projects. Because ethreum is good coin and trusted crypto.
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I'm sure Ethereum does not contribute to fraudulent projects, even if there is a Scam project running on the Ethereum Platform I guess it's not one of Ethereum's. because Ethereum only facilitates the project running on it, without knowing the project is deceiving or not.
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Kalau menurut saya Ethereum tidak ada scam alias penipuan karena Ethereum itu adalah partai besar buat apa Ethereum buat scam, Ethereum berkoalisi atau membuat proyek scam ya tidak mungkin
I'm pretty sure they could do something about it if they chose to but it comes down to a censhorship type thing.. its bad press to have scam projects but its also bad press to be censoring projects in blockchain.. whatever you decide you will anger someone. I think Ethereum should do a better job of eliminating projects that are obvious scams from their platform.. I trust Vitalik to know the difference.
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Well I can see yes. Although the system is good and helpful we can not deny the fact that because of this the scammers is growing and many fake ICO were created and because of that many investors are being dissatisfied and some were convinced that crypto is scam. May team of ethereum will solve the problem to clean the crypto reputation.
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Maybe yes, most of the icos today are using the eth platform to start with their project maybe somehow eth has a contribution over it.
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At first, one has to bootstrap a whole blockchain network before he could create a cryptocurrency or ICO. And creating, securing and maintaining a blockchain network from scratch is very hard. But Vitalik Buterin, cofounder of ethereum made ethereum in a way that one can create a blockchain application on top of it without actually having to bootstrap a blockchain network himself. Thereby making it easier to develop your own cryptocurrency or ICO. Do you think this has contributed to the many scammed projects we see today, since one does not need to work hard from scratch and also considering the fact that most of the ICOs are built on the Ethereum blockchain?
I believe ethereum, It has not contributed to scammed projects. Because ethereum is trusted coin and very potential.
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Maybe yes, most of the icos today are using the eth platform to start with their project maybe somehow eth has a contribution over it.
I don't so due to many scam ICOs projects on ethereum's platform doesn't mean ethereum contributed to scam projects, we can not blamed ethereum due to it ethereum be made not for scam projects.
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At first, one has to bootstrap a whole blockchain network before he could create a cryptocurrency or ICO. And creating, securing and maintaining a blockchain network from scratch is very hard. But Vitalik Buterin, cofounder of ethereum made ethereum in a way that one can create a blockchain application on top of it without actually having to bootstrap a blockchain network himself. Thereby making it easier to develop your own cryptocurrency or ICO. Do you think this has contributed to the many scammed projects we see today, since one does not need to work hard from scratch and also considering the fact that most of the ICOs are built on the Ethereum blockchain?
This could be the reason why most of the scammed projects were using ERC20 token from Ethereum blockchain and since it's easy to create new token using ERC20 those scammers are taking advantage on that. I hope that Mr. Buterin will take a look on that and make some revision on it. It's difficult to combat scammers in cryptocurrency without regulations in creating ICO while many people will just invest without diligent research on the project.
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At first, one has to bootstrap a whole blockchain network before he could create a cryptocurrency or ICO. And creating, securing and maintaining a blockchain network from scratch is very hard. But Vitalik Buterin, cofounder of ethereum made ethereum in a way that one can create a blockchain application on top of it without actually having to bootstrap a blockchain network himself. Thereby making it easier to develop your own cryptocurrency or ICO. Do you think this has contributed to the many scammed projects we see today, since one does not need to work hard from scratch and also considering the fact that most of the ICOs are built on the Ethereum blockchain?
No I think Ethereum hasnot contributed to scammed projects. Because ethreum is good coin and trusted crypto.
I agree mate, Ethereum hasnot contributed to scammed project. Ethereum is trusted coin.
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You can say so that the scams ICO tap on eth platform to generate their coins, however eth is neutral and how the user want to use it eth have no say so to me is the user that contribute to the scam project eth is a neutral medium.
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At first, one has to bootstrap a whole blockchain network before he could create a cryptocurrency or ICO. And creating, securing and maintaining a blockchain network from scratch is very hard. But Vitalik Buterin, cofounder of ethereum made ethereum in a way that one can create a blockchain application on top of it without actually having to bootstrap a blockchain network himself. Thereby making it easier to develop your own cryptocurrency or ICO. Do you think this has contributed to the many scammed projects we see today, since one does not need to work hard from scratch and also considering the fact that most of the ICOs are built on the Ethereum blockchain?
Well i am thinking about this too. After the founder created this platform anyone can easily make there ico and because of this the number of ICO is increasing crazily to the point that the scammers are also growing and investors now are really in big challenge to find the real one. So i think the platform of ethereum need changes to minimize the scam otherwise this gonna be the source of scammers and should be replace by the better platform.
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I don't think, ethereum contributes to scam projects, although many ico scam projects use the ethereum platform, but that doesn't mean that ethereum supports scam projects.
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At first, one has to bootstrap a whole blockchain network before he could create a cryptocurrency or ICO. And creating, securing and maintaining a blockchain network from scratch is very hard. But Vitalik Buterin, cofounder of ethereum made ethereum in a way that one can create a blockchain application on top of it without actually having to bootstrap a blockchain network himself. Thereby making it easier to develop your own cryptocurrency or ICO. Do you think this has contributed to the many scammed projects we see today, since one does not need to work hard from scratch and also considering the fact that most of the ICOs are built on the Ethereum blockchain?
No I think Ethereum hasnot contributed to scammed projects. Because ethreum is good coin and trusted crypto.
I agree with you. I think Ethereum has not contributed to scammed projects. It is very potential coin.
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At first, one has to bootstrap a whole blockchain network before he could create a cryptocurrency or ICO. And creating, securing and maintaining a blockchain network from scratch is very hard. But Vitalik Buterin, cofounder of ethereum made ethereum in a way that one can create a blockchain application on top of it without actually having to bootstrap a blockchain network himself. Thereby making it easier to develop your own cryptocurrency or ICO. Do you think this has contributed to the many scammed projects we see today, since one does not need to work hard from scratch and also considering the fact that most of the ICOs are built on the Ethereum blockchain?
I think Ethereum is trusted coin. Ethereum hasnot contributed to scammed projects.
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History proves that advances in technology have good and bad aspects.
Not only Ethereum but also NEO, WAVES etc can easily create Token on their network, SCAM project will also increase as well.
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For me,Ethereum is a good coin and has a reputation but some people used this in their fake ICO program that's why we should be very vigilant to ICO's that we are joining to prevent scam projects.
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At first, one has to bootstrap a whole blockchain network before he could create a cryptocurrency or ICO. And creating, securing and maintaining a blockchain network from scratch is very hard. But Vitalik Buterin, cofounder of ethereum made ethereum in a way that one can create a blockchain application on top of it without actually having to bootstrap a blockchain network himself. Thereby making it easier to develop your own cryptocurrency or ICO. Do you think this has contributed to the many scammed projects we see today, since one does not need to work hard from scratch and also considering the fact that most of the ICOs are built on the Ethereum blockchain?
No, Ethereum doesnot contributed to scammed projects. Ethereum is very potential crypto and the second of the best crypto currency now.
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many investors were not satisfied and some believed that crypto was a fraud. Hopefully the ethereum team will solve the problem to clear crypto's reputation.
Even though the system is good and helpful, we cannot deny the fact that because of this fraudsters are growing and many fake ICOs were created.
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At first, one has to bootstrap a whole blockchain network before he could create a cryptocurrency or ICO. And creating, securing and maintaining a blockchain network from scratch is very hard. But Vitalik Buterin, cofounder of ethereum made ethereum in a way that one can create a blockchain application on top of it without actually having to bootstrap a blockchain network himself. Thereby making it easier to develop your own cryptocurrency or ICO. Do you think this has contributed to the many scammed projects we see today, since one does not need to work hard from scratch and also considering the fact that most of the ICOs are built on the Ethereum blockchain?
I think ethereum is trusted coin, It is so popular and smart contract. It is not contributed to scammed projects.
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the ethereum platform needs changes to minimize fraud otherwise this will be a source of scammers and must be replaced by a better platform. The fence does not hurt the reputation of the etherium itself.
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In my opinion it can be yes and it can be no. This is now depend on how the community in crypto look the situation because what we have is just an opinion but can be the product of solution.
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For sure ethereum platform was not intended to contributed in any scams ICO. We cannot stop those intelligent scammers as they always formulate new forms of strategies to victimized someone else. Ethereum can be innocent by this allegations.
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Ethereum is a crypto currency which is very clear I am sure Ethereum is not a bully so Ethereum can't possibly make people who invest will lose so it won't work with the unclear
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Yes. I believe a lot of times Ethereum has contributed to scam projects and other altcoins.
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although many ico scam projects use the ethereum platform, that doesn't mean that ethereum supports scam projects.
I don't think, ethereum contributed to the scam project,
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At first, one has to bootstrap a whole blockchain network before he could create a cryptocurrency or ICO. And creating, securing and maintaining a blockchain network from scratch is very hard. But Vitalik Buterin, cofounder of ethereum made ethereum in a way that one can create a blockchain application on top of it without actually having to bootstrap a blockchain network himself. Thereby making it easier to develop your own cryptocurrency or ICO. Do you think this has contributed to the many scammed projects we see today, since one does not need to work hard from scratch and also considering the fact that most of the ICOs are built on the Ethereum blockchain?
No, ethereum hasnot contributed to scammed projects. Ethereum is the queen of crypto currency, It is trusted coin.
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Ethereum is just like a tool and can used by scammer to scam others peoples. Peoples with good knowledge can make their own smart contract and duplicating other good project. But its not ethereum fault because ethereum is just a tool and its depending on user to use smart contract
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it could happen because at this time we see for ourselves that only one project is a scam and this is all possible because of the ease in making tokens on ethereum contracts.
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At first, one has to bootstrap a whole blockchain network before he could create a cryptocurrency or ICO. And creating, securing and maintaining a blockchain network from scratch is very hard. But Vitalik Buterin, cofounder of ethereum made ethereum in a way that one can create a blockchain application on top of it without actually having to bootstrap a blockchain network himself. Thereby making it easier to develop your own cryptocurrency or ICO. Do you think this has contributed to the many scammed projects we see today, since one does not need to work hard from scratch and also considering the fact that most of the ICOs are built on the Ethereum blockchain?
No , I think ethereum is smart contract..It is trusted coin and more popular in this year.
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No I don't think that there is a direct correlation between Ethereum growth usage and ICO scams.. there are also many scams that have their own blockchain (that simply do not exist!)
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Saying Ethereum has contributed to scammed projects is like saying Google, Mozilla contributed to scammed projects. It is only a platform.
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I still not read any news that the Ethereum coin has involve in an illegal activity or scam.Only people making negative stories so other investors from Ethereum will transfer their investment to other altcoins.
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At first, one has to bootstrap a whole blockchain network before he could create a cryptocurrency or ICO. And creating, securing and maintaining a blockchain network from scratch is very hard. But Vitalik Buterin, cofounder of ethereum made ethereum in a way that one can create a blockchain application on top of it without actually having to bootstrap a blockchain network himself. Thereby making it easier to develop your own cryptocurrency or ICO. Do you think this has contributed to the many scammed projects we see today, since one does not need to work hard from scratch and also considering the fact that most of the ICOs are built on the Ethereum blockchain?
Ethereum is trusted coin, It is the secind of crypto currency and so popular. So It's nit contributed ti scammed projects.
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At first, one has to bootstrap a whole blockchain network before he could create a cryptocurrency or ICO. And creating, securing and maintaining a blockchain network from scratch is very hard. But Vitalik Buterin, cofounder of ethereum made ethereum in a way that one can create a blockchain application on top of it without actually having to bootstrap a blockchain network himself. Thereby making it easier to develop your own cryptocurrency or ICO. Do you think this has contributed to the many scammed projects we see today, since one does not need to work hard from scratch and also considering the fact that most of the ICOs are built on the Ethereum blockchain?
Ethereum is smart contract and many tokens used it. Ethereum has not contributed to scammed project. Ethereum is trusted coin.
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ethereum just do what they do
they give chance other project to grow under eth platform
so if the project is scam that not ethereum fault