Announcing MyEtherWallet v3.24.00: Difficulty Bomb&Updating blockchain
Due to the complexity of the Bomb and the increased risk of hacking, we pushed a rather drastic update that implements a number of changes and improvements, including enhancement of efficiency and scalability of the blockchain, acceleration of transaction speed, and additional security in the form new formats private keys which will help protect users against hacking.
If you are using private key or UTC, then you need to go into the wallet and update manually, otherwise they risk being unprotected.
How do i update my Ethereum wallet?
1. Go to our website MyEtherWallet.com
2. Unlock your wallet using your Keystore File (UTC / JSON) or simply use your private key.
3. Click Unlock and wait for the update.
Please note that you need to manually update your wallet, failure to do so may result in funds being lost.
We are taking these measures to protect both you and our network from phishing and malicious attacks.
Thank you for your cooperation and understanding!
MyEtherWallet Security Team.
If you use other methods, then ignore this message.
Topic: How to decide a project scam or not? (Read 279 times)
Hey bros,
80% of ICO projects are scam. With your personal experience, let's discuss the tips to reveal a scam ICO project.
For me, I often read what the ICO is doing? That is in WPP, besides I often see others evaluate the ICO project. You need fb, tw tele channel of that project to find out. See if the community of the project is large. And I would recommend you to completely participate in MLM projects ... That's just my own opinion that you can refer. Good luck ! 80% of ICO projects are scam. With your personal experience, let's discuss the tips to reveal a scam ICO project.
Research any ICO you want to invest in, they are notoriously nefarious. That is why there are hundreds of them. That is very work simple NOW
They don't use real pictures of their staffs, patners they don't post videos or articles From events they host
You can check information about partners, and ask question about partnership with this project via e-mail support or another way to ask. Also Team should have trustless accounts on LinkeDIN or another and didn't conceal one's identity
For me, i only look at the Roadmaps, the team members or advisers, token sales and a critical look at the whitepaper and what the project is all about. Most ICO's fake roadmaps, anonymous team members or advisers and they do not mostly display their token sales.
Hey bros,
80% of ICO projects are scam. With your personal experience, let's discuss the tips to reveal a scam ICO project.
80% of ICO projects are scam. With your personal experience, let's discuss the tips to reveal a scam ICO project.
10 Signs of Identifying a Scam ICO:
1. Anonymous Team DEV - fake profile
2. No use for coin
3. sketchy whitepaper
4. Do not provide contact
5. Commitment to profit when investing
6. Use sentences that are passive, engaging
7. Use multiple buzzwords
8. No roadmap or yes that is not realistic
9. No demo products
10. intuition of you
) 
I believe that you have read a news about 80% of ICO encountered failure, but we cannot guarantee that these 80% are all scam.
First we have to understand failure has a few aspects to consider, like capital, support, similarity, uncertain / unexpected risk happened.
A very basic method to check if the ICO project is a scam, by checking the whitepaper, whether there is only description or have sufficient data to support, does the whitepaper got a very comprehensive analysis and data to support its' project? You may even find that the whitepaper you are viewing may be a duplicate one from another project, if this happen, it might be a scam. Sometimes, the project advisors are also a important factor.
If there is a very unique and convincing project to you, and you can see the team is working very hard to build the social media for potential investors, it basically worth your support. Some projects happened to be working well and hard but then they receive a very limited capital and lead to failure. This blockchain market is not under a very mature stage, we also do not hope to see failure or any not useful projects existing too.
First we have to understand failure has a few aspects to consider, like capital, support, similarity, uncertain / unexpected risk happened.
A very basic method to check if the ICO project is a scam, by checking the whitepaper, whether there is only description or have sufficient data to support, does the whitepaper got a very comprehensive analysis and data to support its' project? You may even find that the whitepaper you are viewing may be a duplicate one from another project, if this happen, it might be a scam. Sometimes, the project advisors are also a important factor.
If there is a very unique and convincing project to you, and you can see the team is working very hard to build the social media for potential investors, it basically worth your support. Some projects happened to be working well and hard but then they receive a very limited capital and lead to failure. This blockchain market is not under a very mature stage, we also do not hope to see failure or any not useful projects existing too.
o yea bitconnects white paper was very good lol. the first stop should be github, then everything else
I believe that you have read a news about 80% of ICO encountered failure, but we cannot guarantee that these 80% are all scam.
First we have to understand failure has a few aspects to consider, like capital, support, similarity, uncertain / unexpected risk happened.
A very basic method to check if the ICO project is a scam, by checking the whitepaper, whether there is only description or have sufficient data to support, does the whitepaper got a very comprehensive analysis and data to support its' project? You may even find that the whitepaper you are viewing may be a duplicate one from another project, if this happen, it might be a scam. Sometimes, the project advisors are also a important factor.
If there is a very unique and convincing project to you, and you can see the team is working very hard to build the social media for potential investors, it basically worth your support. Some projects happened to be working well and hard but then they receive a very limited capital and lead to failure. This blockchain market is not under a very mature stage, we also do not hope to see failure or any not useful projects existing too.
First we have to understand failure has a few aspects to consider, like capital, support, similarity, uncertain / unexpected risk happened.
A very basic method to check if the ICO project is a scam, by checking the whitepaper, whether there is only description or have sufficient data to support, does the whitepaper got a very comprehensive analysis and data to support its' project? You may even find that the whitepaper you are viewing may be a duplicate one from another project, if this happen, it might be a scam. Sometimes, the project advisors are also a important factor.
If there is a very unique and convincing project to you, and you can see the team is working very hard to build the social media for potential investors, it basically worth your support. Some projects happened to be working well and hard but then they receive a very limited capital and lead to failure. This blockchain market is not under a very mature stage, we also do not hope to see failure or any not useful projects existing too.
Hey bros,
80% of ICO projects are scam. With your personal experience, let's discuss the tips to reveal a scam ICO project.
To minimize the risk first do a background check visit social media sites if they have real photos or videos showing their faces in meetings and conferences.80% of ICO projects are scam. With your personal experience, let's discuss the tips to reveal a scam ICO project.
if they have partnerships verify if its really true. Most of them if they have partnership they are tagging each other on twitter and other social media.They are many things to consider I hope all ico will be verified by SEC first before it can launch.
Hey bros,
80% of ICO projects are scam.
Are you sure that it's 80%? I guess that percentage isn't enough to tell that most of them are scams, it isn't enough add more percent to it.80% of ICO projects are scam.
A team can verify your trust to an ICO. If they are hiding something within their identity then that can be a go signal for you to doubt them.
Most scam ICO's are managed by newbies. You should also check the credentials of the team. You can also check the profile of team members on social media and be sure it is not a new profile.
Hey bros,
80% of ICO projects are scam. With your personal experience, let's discuss the tips to reveal a scam ICO project.
There are lot of signs to identify scam projects.when Project administrations are trying to private message you or they are using "SIR" for every time talk with you. Try searching team members previous projects.Try google,you will find lot of articles about how to spot Scam ICO . 80% of ICO projects are scam. With your personal experience, let's discuss the tips to reveal a scam ICO project.
You can read here it think it will help for you : https://cryptosec.info/guides/scam-icos/
If you have the habit of reading white papers, you can easily see a scam. Although there are a lot of vocabulary terms in the white paper, you may feel headache when reading, but you can use some of your life experience to some of them. You will find that a lot of content is impossible to achieve.
Team. thats the best indicator. also you should see if the core team and development team is from same city. most ICOs will outsource development. although remote doesnt mean scam, but actual real team reflects the seriousness of the founders towards the project.
edit - also see how long the team has been together.
edit - also see how long the team has been together.
There's already so much articles about this topic already.
5 Tips on Detecting Scam ICOs: https://cryptosec.info/guides/scam-icos/
How to spot a Professional Scam ICO? https://hackernoon.com/how-to-spot-a-professional-scam-ico-ad805c2c619
5 Tips on Detecting Scam ICOs: https://cryptosec.info/guides/scam-icos/
How to spot a Professional Scam ICO? https://hackernoon.com/how-to-spot-a-professional-scam-ico-ad805c2c619
Hey bros,
80% of ICO projects are scam. With your personal experience, let's discuss the tips to reveal a scam ICO project.
80% of ICO projects are scam. With your personal experience, let's discuss the tips to reveal a scam ICO project.
Anonymous team or team with weak experience is one of them.
As expert said "Understanding who is on the team behind a blockchain project is perhaps the most important step in your due diligence. Even if the premise of the venture and the addressable market seem attractive, one of the biggest determinants of a venture’s success is the makeup of the team behind it".
It is often a red flag if the team behind an ICO does not have any named full-time developers. Additional caution should be taken if none of the leadership team has any domain knowledge in the specific vertical.
When looking at a team and verifying their experience, platforms like Twitter and LinkedIn are useful. However, it’s important to note that they are not infallible, as profiles can be faked. If members of the team claim prior association with universities or companies, double-checking with reputable third-party sources (e.g. a university newspaper or the company website) can provide the facts.
ICOs often list their advisors on their websites. You should also verify whether the advisors are legitimate.
If the scam process is sophisticated, it will be difficult to detect it until it occurs, but most scammers are lazy so you can discover it early.
Some indicators are good in identifying scams such as the developer team, false promises, unclear plans, anonymous information about the project.
The most useful tool is to conduct thorough and detailed research before starting any investment as you can use some of the tools mentioned in this topic -----> Prevent scam!!! Seven useful tools to find scam / fake ICO team
Some indicators are good in identifying scams such as the developer team, false promises, unclear plans, anonymous information about the project.
The most useful tool is to conduct thorough and detailed research before starting any investment as you can use some of the tools mentioned in this topic -----> Prevent scam!!! Seven useful tools to find scam / fake ICO team
There are too many scam ICO projects everywhere. Some ICOs when hit on exchanges they are less than ICO price. We all expect some good profit from ICO. In these days hard to find a good ICO project and hard to participate in good ICO projects. First of all, we need some knowledge about ICO projects. We need to understand their project concept and whitepaper. The team members and advisors are very important to before participating in any ICO. If they are good experienced and talented, the future updates will be great. And also we have to understand about token allocation, how many tokens for sale, soft cap, hard cap, bounty allocation etc.
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