Has Ethereum contributed to scammed projects?

[Guerreiro]

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.

[jet]

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.

[therozaq]

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.

[gribble]

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.

[kurapika]

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. 

[rizqillah]

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.

[kenning]

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.

[Methos]

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.

[Putih]

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.

[Doctor]

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.

[satpol_PP]

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.

[pistachio]

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.

[skinhead]

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.

[pacar_tiri]

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.

[May]

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.