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Topic: Delusional or not? - page 2. (Read 182 times)

sr. member
Activity: 2436
Merit: 272
Hire Bitcointalk Camp. Manager @ r7promotions.com
December 24, 2021, 02:18:12 AM
#9
Decentralized or centralised I don't care but in future if a new smart contract project comes with auto smart contract verification it's over, let me explain this better, a project that will run on such smart contract will be licensed, there will be no room for copycat with fake smart contract that lures people into buying wrong tokens for example on uniswap or pancakeswap, for example a project named waki will remain waki with a licensed smart contract address, no other will be able to share same name and smart contract
But who is going to be the verifier or license provider? If someone does that then obviously some other issue the license to an another project with the same name so its not really a practical thing can be applied. The project team should take down the copycats and the investors should be careful with their investments while trading on decentralized exchanges.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
December 24, 2021, 01:26:30 AM
#8
It could be. At that time, the government can force the project to put their into their project so the government can know who the investor is and watch closer to the investors. If something happens with the project, the government can help the investors. Maybe the scenario will be like that but that still needs time to implement license because crypto still runs and needs to develop many things before it is ready to use. Maybe we will see something in the next year or two years later.
member
Activity: 686
Merit: 15
December 24, 2021, 12:38:26 AM
#7
Let's see how this is going to work. People who often fall victims of fake smartcontracts are the ones always in a hurry to ape in without cross checking with the real contract. Some friends loss thousands of dollars on pancakeswap because they wanted quickly buy the token before anyone else and end up buying fake and loss on both.
hero member
Activity: 3038
Merit: 617
December 23, 2021, 09:56:17 PM
#6
It's possible but the internet is just too free for all and there is no need for a license to that. There is no stopping someone from doing something and releasing it as long as they got support from a certain community, they will succeed even if the government will keep pushing them.

The government will not stop to push though. It could take a decade and they will still continue to push changing the laws until the project will give up. XRP is just an example of how the government will keep finding ways to pin down a project.
hero member
Activity: 1666
Merit: 753
December 23, 2021, 09:12:40 PM
#5
Decentralized or centralised I don't care but in future if a new smart contract project comes with auto smart contract verification it's over, let me explain this better, a project that will run on such smart contract will be licensed, there will be no room for copycat with fake smart contract that lures people into buying wrong tokens for example on uniswap or pancakeswap, for example a project named waki will remain waki with a licensed smart contract address, no other will be able to share same name and smart contract

Isn't that already happened?

It's just that there are still a bunch of phishing smart contracts, but they are definitely not the same contract and people have to be pretty stupid to fall for these cons.

Perhaps a verified badge or something will help, but that's up to the third party explorers to provide.
legendary
Activity: 1932
Merit: 1273
December 23, 2021, 04:24:16 PM
#4
If by means of auto smart contract verification as you stated, it is surely the address won't be shared across other projects. Actually, licensing a smart contract is already happening as of now, see Uniswap V3 who has a strict business license that prevents others from copycatting their codebase over the period of 2 years, but turns out it is already being cloned despite their licenses!
hero member
Activity: 3038
Merit: 592
BTC to the MOON in 2019
December 23, 2021, 08:26:50 AM
#3
If we are talking of licensed then that would involve government intervention? Am I right?

For me, this is going to be a legal matters if we talk about license and that's the only way to protect a certain project against scammers, and not only that, since we are talking of a smart contract getting license, what if those who like to run a crowdsale will also get their license first? That way, scammers will not exist.
full member
Activity: 1064
Merit: 111
December 23, 2021, 08:22:20 AM
#2
yeahh maybe.
actually we already have many website that we can get a real information about cryptoasset.
for example
coinmarketcap is the world's most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space
CoinGecko is the world's largest independent cryptocurrency data aggregator with over 6,000 different cryptoassets tracked across more than 400 exchanges worldwide.
etc
member
Activity: 248
Merit: 13
Futiracoin.com
December 23, 2021, 05:48:16 AM
#1
Decentralized or centralised I don't care but in future if a new smart contract project comes with auto smart contract verification it's over, let me explain this better, a project that will run on such smart contract will be licensed, there will be no room for copycat with fake smart contract that lures people into buying wrong tokens for example on uniswap or pancakeswap, for example a project named waki will remain waki with a licensed smart contract address, no other will be able to share same name and smart contract
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