Topic: Do you trust ERC20 tokens? - page 12. (Read 4714 times)
I think its okay to trust ERC20 tokens, some have great potential as well its not based on the type of the token but on the project, people are still particpating on Ethereum Token Project as I can see it on ann thread.
ERC20 is very reliable and I suppose that its tokens are reliable as well, they are very valuable thanks to the project's popularity, I consider that they will get their own place on the cryptocurrency market later, they have a good potential for the future. Maybe there will be created a special project only for them.
its really hard to make choice. lately ECR20 have quite bad reputation being attack and hack. while some project is rather promising. all down to ETH blockchain improve its security.
of course, why should I lose trust in erc-20 coins. Although I've heard about hacks due to smartcontracts error, but it is still most common way to create your own project based on ethereum
Yes I do trust ERC20 token but of course not all of them because others just basically make their token for the sake of scamming people. So to secure my investment I make research before investing and I make sure that I won't get scam. Though we can't really tell that is 100% legit
That depends on each certain project. ERC20 is just a token type and it is legit, but behind any project stays certain people, sometimes you can trust them, sometimes they are scammers. So I recommend you to do your own research before investing.
I think its not really relevant if its a ERC20 token, build on some other infrastructure or it has its own blockchain, the important thing is that you dont fall for a scam project. The safest option is investing in top 5 coins or do a ton of your own research.
I trust this standard of tokens. I think that what's important is not what the token standard is and what application this token has. This standard of tokens is very popular and there were very few problems with it. I think that you can trust this token standard.
hello I trust ERC20 tokens for the reason that after some create their platforms that excel Ethereum but their not a big percentage.
I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.
By the way a good choice in my opinion
yes of course. i trust ethereum project and vitalik. they di really very good. and their blockchain provides a good infrastructure for so many projects in the ecosystem. erc20 token standard is quite good and safe.
Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.
Do you trust them?
Do you trust them?
It must be sad for you and the investors of eBitcoin. I thought it was a legit project ?
Anyway, the problem is not the ERC20 tokens, but the company of the token you bought.
There are many real project using ERC20 token, and they properly deliver their promises.
There are a lot of scam or trash coins out there, and unfortunately moat of them are Erc20 based tokens which will makes a negative trends amongst this ethereum blockchain, but we can’t just generate them all like that and we have to take a good look at it, there still a lot of quality coins and altcoins, we just need to choose the right ones
I believe in ERC20 tokens. because ERC-20 tokens are tokens that are designed and used in the Ethereum platform. They also follow certain standards such as can be shared, exchanged with other tokens, or transferred to a crypto wallet.
Not so little time has passed that we could say that there are some very obvious vulnerabilities that we could have heard about today. I think that now you need to learn to check all incoming information. So that in the future we had an idea about it.
These tokens are made on the basis of ETH therefore they are already promising, but certainly not all are growing and developing, and there are those that just fall in price
For me its not fullt trustable but i trust for trading purposes.
Batchflow really important security issue but almost all tokens are now safe
Batchflow really important security issue but almost all tokens are now safe
I will support your answer Sir, it is really true that not all erc20 are trustable because there are many ico tried to erc20 but in the end they are just
scam, while doing trade in the platform was comprehensible because it is an exchange where you trade instantly your token.
I do believe, i mean strongly believe and trust these tokens. They have helped me out from financial constraints and i am now a hero and financially stable to move on in life and activities.
Many tokens are standard erc20, but not all they deserve of trust! But the first coin of this standard, ethereum seems very reliable!
I trust the ERC-20 Blockchain Ethereum. Of course lots of projects use it because it is the trustworthy one. But do I trust to all the tokens based on the ERC-20? Well, you know lots of tokens and their future depends on the work of the team, the promoters and how successfully the product will be implemented into the real life. Lots of projects try to develop the token and product, but a big amount of do nothing because of different reasons...
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