Topic: [MSD] MSD COIN PROJECT MONSPACE LAUNCHING - page 4. (Read 11474 times)
It's a ponzi scheme. Stay far away from these crooks. YSLM was MLM company that was committing investor fraud. Multiple government taskforce went after CEO who was arrested in Thailand. He made bail and is on the run. YSLM renamed to Monspace appointed new CEO and continued the scam. Different name, same scam.
They charge something like $200 for membership in return you get 117 MSD coins meanwhile they have no source code, block explorer or any other way to verify coin supply. Some in the troll box have said 30 billion others 4 trillion.. we'll never know. To boot, they locked Monspace wallets so that they (Monspace/Tidex) can dump their coins on ill informed investors.
I covered this scam in this thread:
https://bitcointalksearch.org/topic/re-scam-alert-msd-the-new-mlm-scamcoin-tidex-scam-exchange-2240843
themerkle covered my thread in this article:
https://themerkle.com/why-is-tidex-allowing-users-to-trade-a-potential-ponzi-currency
Monspace is all smoke and mirrors.
BEWARE
They charge something like $200 for membership in return you get 117 MSD coins meanwhile they have no source code, block explorer or any other way to verify coin supply. Some in the troll box have said 30 billion others 4 trillion.. we'll never know. To boot, they locked Monspace wallets so that they (Monspace/Tidex) can dump their coins on ill informed investors.
I covered this scam in this thread:
https://bitcointalksearch.org/topic/re-scam-alert-msd-the-new-mlm-scamcoin-tidex-scam-exchange-2240843
themerkle covered my thread in this article:
https://themerkle.com/why-is-tidex-allowing-users-to-trade-a-potential-ponzi-currency
Monspace is all smoke and mirrors.
BEWARE
Days prove that
I can get it 
What do you want to do? I know what is blockchain.
What do you want to do? I know what is blockchain.
It's a ponzi scheme. Stay far away from these crooks. YSLM was MLM company that was committing investor fraud. Multiple government taskforce went after CEO who was arrested in Thailand. He made bail and is on the run. YSLM renamed to Monspace appointed new CEO and continued the scam. Different name, same scam.
They charge something like $200 for membership in return you get 117 MSD coins meanwhile they have no source code, block explorer or any other way to verify coin supply. Some in the troll box have said 30 billion others 4 trillion.. we'll never know. To boot, they locked Monspace wallets so that they (Monspace/Tidex) can dump their coins on ill informed investors.
I covered this scam in this thread:
https://bitcointalksearch.org/topic/re-scam-alert-msd-the-new-mlm-scamcoin-tidex-scam-exchange-2240843
themerkle covered my thread in this article:
https://themerkle.com/why-is-tidex-allowing-users-to-trade-a-potential-ponzi-currency
Monspace is all smoke and mirrors.
BEWARE
They charge something like $200 for membership in return you get 117 MSD coins meanwhile they have no source code, block explorer or any other way to verify coin supply. Some in the troll box have said 30 billion others 4 trillion.. we'll never know. To boot, they locked Monspace wallets so that they (Monspace/Tidex) can dump their coins on ill informed investors.
I covered this scam in this thread:
https://bitcointalksearch.org/topic/re-scam-alert-msd-the-new-mlm-scamcoin-tidex-scam-exchange-2240843
themerkle covered my thread in this article:
https://themerkle.com/why-is-tidex-allowing-users-to-trade-a-potential-ponzi-currency
Monspace is all smoke and mirrors.
BEWARE
total number of coins?
Is this project going to be like, I sell or buy for others, but without the intermediary of an institution or person?
reserved 
https://mymsdspace.com/assets/images/main_image.png
BLOCKCHAIN TECHNOLOGY
and its most prominent application, the digital currency Bitcoin, were introduced in 2009 when cryptographer and computer scientist Satoshi Nakamoto published technical protocols that enable peer-to-peer transfer of digital assets. As the internet allows us to digitally transfer information, so the blockchain allows us to digitally transfer items of worth. Some have christened it “The Internet of Value.”.
At its most basic, the blockchain is a decentralized digital ledger. The protocols that govern it guarantee security, transparency, authenticity, and credibility. Trust is built into this “machine.”
HERE’S HOW IT WORKS
Encrypted transactions are initiated and accepted peer to peer. There is no financial middleman or bank that establishes trust between the parties. Instead, trust is established through the decentralized distributed ledger that is visible to anyone within the network.
When a transaction is initiated, this worldwide network of computers race to validate the transaction by solving complex algorithms. When the network reaches consensus that the digital ledger reflects that the transferring party actually has the asset to transfer, the transaction is validated and executed. And the digital ledger is updated, simultaneously, across the network. Anyone with the necessary computer power can participate in the verification process (aka become a network “node”).
The network is able to validate, timestamp and clear a transaction instantly because that activity happens immediately within the digital ledger itself, not between institutions. After the transaction is cleared, the network cryptographically links it to the prior transaction and publishes them in blocks. Each block is linked to the previous block and so an immutable chain is established. (Hence, the name blockchain technology.) No information in a block can be altered without changing all of the blocks prior to it, making it virtually impossible to hack.
The protocols of blockchain technology ensure immutable trust. Security is guaranteed through encrypted transactions that are pseudonymous and sealed into blocks. Transparency is ensured through the open, public decentralized ledger that anyone can view. Authenticity and credibility are established through a permanent, unalterable record of events.
DECENTRALIZED, DISTRIBUTED LEDGER
It’s counter-intuitive to think that a DECENTRALIZED, DISTRIBUTED LEDGER IS MORE SECURE THAN ONE TIGHTLY CONTROLLED BY ONE ENTITY IN ONE PLACE.
However, a centralized institution is actually more vulnerable to hacking because a perpetrator need only creep into one main system, as we have so alarmingly learned with the hacking of VISA, JPMorgan Chase, Target and others. A single point of control is also a single point of failure that can expose companies and their customers to disastrous security breaches.
Distributing the blockchain digital ledger across tens of thousands of participating nodes who are anonymous protects the data. It’s impossible to hack all of the nodes at one time. And if any one node is attacked, the intrusion can be detected by the rest of the nodes and the activity associated with the attack invalidated.
THE BLOCKCHAIN ECOSYSTEM
There are two basic types of blockchains: public and private. A public blockchain is just that: open to everyone and anyone who wants to transact and/or verify as part of the network. It is permissionless, meaning there are no barriers to participation. A private blockchain is one that is restricted within a company or limited to a group of cooperating companies. It is permissioned as one needs credentials to participate. There are many public and private blockchains acting simultaneously and independently of each other.
PRIVATE BLOCKCHAINS
Established financial institutions and large corporations are enamored of blockchain technology and its potential to help cut costs and increase efficiencies. They are, however, pursuing the development of private, or permissioned, blockchains as opposed to a globally open publicly distributed ledger.
Learn more about MSD: https://mymsdspace.com
Read the MSD Whitepaper: coming soon
Visit MSD on bitcointalk: https://bitcointalksearch.org/topic/m.23004536
Follow MSD on Twitter: https://twitter.com/MsdCommunity
Join MSD on Facebook: https://www.facebook.com/MsdCommunity
Join the MSD Slack conversation: https://MsdCommunity.slack.com/
Join MSD on Telegram at: https://t.me/MsdCommunity
Read MSD posts on Medium: https://medium.com/@MsdCommunity
Copyright © 2017 MSD. All Rights Reserved.
BLOCKCHAIN TECHNOLOGY
and its most prominent application, the digital currency Bitcoin, were introduced in 2009 when cryptographer and computer scientist Satoshi Nakamoto published technical protocols that enable peer-to-peer transfer of digital assets. As the internet allows us to digitally transfer information, so the blockchain allows us to digitally transfer items of worth. Some have christened it “The Internet of Value.”.
At its most basic, the blockchain is a decentralized digital ledger. The protocols that govern it guarantee security, transparency, authenticity, and credibility. Trust is built into this “machine.”
HERE’S HOW IT WORKS
Encrypted transactions are initiated and accepted peer to peer. There is no financial middleman or bank that establishes trust between the parties. Instead, trust is established through the decentralized distributed ledger that is visible to anyone within the network.
When a transaction is initiated, this worldwide network of computers race to validate the transaction by solving complex algorithms. When the network reaches consensus that the digital ledger reflects that the transferring party actually has the asset to transfer, the transaction is validated and executed. And the digital ledger is updated, simultaneously, across the network. Anyone with the necessary computer power can participate in the verification process (aka become a network “node”).
The network is able to validate, timestamp and clear a transaction instantly because that activity happens immediately within the digital ledger itself, not between institutions. After the transaction is cleared, the network cryptographically links it to the prior transaction and publishes them in blocks. Each block is linked to the previous block and so an immutable chain is established. (Hence, the name blockchain technology.) No information in a block can be altered without changing all of the blocks prior to it, making it virtually impossible to hack.
The protocols of blockchain technology ensure immutable trust. Security is guaranteed through encrypted transactions that are pseudonymous and sealed into blocks. Transparency is ensured through the open, public decentralized ledger that anyone can view. Authenticity and credibility are established through a permanent, unalterable record of events.
DECENTRALIZED, DISTRIBUTED LEDGER
It’s counter-intuitive to think that a DECENTRALIZED, DISTRIBUTED LEDGER IS MORE SECURE THAN ONE TIGHTLY CONTROLLED BY ONE ENTITY IN ONE PLACE.
However, a centralized institution is actually more vulnerable to hacking because a perpetrator need only creep into one main system, as we have so alarmingly learned with the hacking of VISA, JPMorgan Chase, Target and others. A single point of control is also a single point of failure that can expose companies and their customers to disastrous security breaches.
Distributing the blockchain digital ledger across tens of thousands of participating nodes who are anonymous protects the data. It’s impossible to hack all of the nodes at one time. And if any one node is attacked, the intrusion can be detected by the rest of the nodes and the activity associated with the attack invalidated.
THE BLOCKCHAIN ECOSYSTEM
There are two basic types of blockchains: public and private. A public blockchain is just that: open to everyone and anyone who wants to transact and/or verify as part of the network. It is permissionless, meaning there are no barriers to participation. A private blockchain is one that is restricted within a company or limited to a group of cooperating companies. It is permissioned as one needs credentials to participate. There are many public and private blockchains acting simultaneously and independently of each other.
PRIVATE BLOCKCHAINS
Established financial institutions and large corporations are enamored of blockchain technology and its potential to help cut costs and increase efficiencies. They are, however, pursuing the development of private, or permissioned, blockchains as opposed to a globally open publicly distributed ledger.
Learn more about MSD: https://mymsdspace.com
Read the MSD Whitepaper: coming soon
Visit MSD on bitcointalk: https://bitcointalksearch.org/topic/m.23004536
Follow MSD on Twitter: https://twitter.com/MsdCommunity
Join MSD on Facebook: https://www.facebook.com/MsdCommunity
Join the MSD Slack conversation: https://MsdCommunity.slack.com/
Join MSD on Telegram at: https://t.me/MsdCommunity
Read MSD posts on Medium: https://medium.com/@MsdCommunity
Copyright © 2017 MSD. All Rights Reserved.
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