Topic: Report plagiarism (copy/paste) here. Mods: please give temp or permban as needed - page 40. (Read 119161 times)

One of the biggest risks for bitcoin right now is regulation.
In recent weeks, China has clamped down on its cryptocurrency industry, shuttering energy-intensive crypto mining operations and ordering major banks and payment firms like Alipay not to do business with crypto companies.

As a country, the U.S. has too many departments regulating it from different angles — is crypto security? A commodity? A property?" Yu said. "As of now, the U.S. hasn't figured out how to properly regulate the industry, which oftentimes leads to decisions that are difficult for crypto to operate.

China just Fucking Up every time Bitcoin hits ATH. They banned bitcoin countless times. I believe Plan B's 98K is Still possible. But, Not on November Closing . Maybe on December Closing?

If you do not believe it, Just sell your BTC and watch what happens next. It will pump up if you sell it. but if you HODL, IDK What will happen next.

As popularity about Cryptocurrency increase in the world, some people are in the industry to scam crypto investors of their hard- earned money. Below are common scams in the crypto world and how to avoid them

1. Pump and dump: This comes with a simple task. First, a group of scammers will pool resources together to create a token (a token is a cryptocurrency built using blockchain technology). This token will then be heavily promoted across social media or traditional media attracting investors scared of FOMO (Fear of Missing Out). As the number of investors increases, the group slowly sells off the tokens at high prices sparking panic in the market.

SOLUTION:
1. Make enough research on project before investing in them.
2. Don't FOMO.

2. The rug pull: This scam is pump and dump on steroids. Scammers attract investors by promoting the tokens on social media and claiming that they'll build several products for the token. Potential investors rush in thinking that they're investing in the next Bitcoin and the price of the token begins to rise in value. However, this is short-lived as the scammers dump their tokens in the market, leaving investors with worthless tokens and valueless projects.

SOLUTION:
1. Make enough research on project before investing in them.
2. Don't FOMO.

3. The airdrop scam: Airdrops are usually harmless rewards given out by new crypto projects to attract investors and create active communities. You get rewarded in crypto to participate or interact in a crypto project, and these tokens are deposited into your crypto wallet. In most airdrops reward programs, you're given a form to fill in your wallet address details to receive rewards. Scammers have found several ways to scam victims using airdrops. The popular way is to request your private keys or seed phrase within the airdrop form.

SOLUTION:
Private keys or seed phrase should be personal. They mustn't be exchange for any airdrop. You must keep it jealously.

4. Phishing crypto scam: In Phishing, Victims are fooled into giving away their personal information which is then used to access either their crypto wallet or exchange account. These scams follow the same flow. You receive emails from accounts posing as a security operative or government official asking you to click a link or give out sensitive information about your wallet address or exchange account. Once you click on the link, you'll be redirected to a website where you'll be asked to connect your wallet. If you connect your wallet, the scammers hack into your wallet address and steal the money saved in the wallet.

SOLUTIONS
Avoid opening emails that you didn't subscribe to or suspicious-looking emails.

Plagiarism
User: xiangwei22
Post link: https://bitcointalksearch.org/topic/create-your-own-erc20-cryptocurrency-full-guide-5398107

1. Putting all your eggs in one basket: error You have discovered the white paper of a cryptocurrency whose idea fascinates you, so much so that you plan to invest all your initial bet in it? This is not the best idea in the world. Even if your choice is very promising, nothing says that the market will agree with you. And since it is he who sets the prices... It is not uncommon for a cryptocurrency with huge potential to live for months (see the price history of Ripple, Stellar, etc.). This may frustrate you. All professional investors will tell you: never put all your eggs in one basket. Whether in the classic markets or in crypto-currencies.

here i come with a new tutoral. how to create an erc20 cryptocurrency. it took me a while to write it.

How to create your own cryptocurrency simply?

 The goal of this article is to show how to create an ERC20-like cryptocurrency in as little time as possible.

Let's start with the basics: what is an ERC20 token? In recent years, the ERC20 token specification has become the de facto standard for Ethereum tokens (or Ethereum-derived blockchains). In other words, most of the Ethereum contracts available today are ERC20 compliant.

This guide details how you can create your own ERC20-like token on the Ethereum blockchain, but before we get started, let's take a closer look at the ERC20 standard.


What makes ERC20 tokens so attractive and successful?

There are several factors at play: ERC20 tokens are simple and easy to deploy, as you will see in this tutorial.

The ERC20 standard solves an important problem, as blockchain-based markets and crypto-wallets need a single, standardized set of commands to communicate with the range of tokens they manage. This includes the rules of interaction between the different tokens, as well as the rules of token exchanges.


It was the first popular specification to propose the standardization of tokens on the Ethereum blockchain. It was by no means the first, but thanks to its popularity, it quickly became the industry standard. Just like other Ethereum tokens, ERC20 tokens are implemented as smart contracts and run on the Ethereum virtual machine (EVM) in a decentralized manner (on the blockchain). Solidity: the programming language of "Smart Contract" or Smart Contracts Ethereum smart contracts are written in Solidity. Although there are alternative languages, almost no one uses them for this purpose. Solidity is similar to JavaScript, so if you have some knowledge of JavaScript, or even Java and other C-type languages, you shouldn't have a hard time understanding what a piece of code in Solidity does, even before you master Solidity enough to use it.


This is where the fun begins, as you should be able to start creating a simple ERC20 contract in no time. This is a simple task, simple enough for this article to explain how to write and deploy an ERC20 token in less than an hour. The token we will create in this demonstration will be a simple ERC20 implementation, without too many bells and whistles. However, I have seen many similar simple tokens in the real world, and they tend to work well.


Presentation of the ERC20 token standard What is an ERC20? Simply put, the ERC20 standard defines a set of functions to be implemented by all ERC20 tokens in order to allow integration with other contracts, wallets or cryptocurrency markets. This set of functions is rather short and basic.



The functions of ERC20 tokens allow an external user, for example a crypto-wallet application, to know a user's balance and transfer funds from one user to another with appropriate authorization. The smart contract defines two specifically defined events:




 
 These events will be invoked or issued when an account is granted the right to withdraw tokens from an account, and after the tokens are actually transferred. In addition to the functions of standard ERC20 tokens, many ERC20 tokens also have additional fields and some have become a de facto part of the ERC20 standard, if not in writing, in practice. Here are some examples of these fields.
 


Here are some points about ERC20 and Solidity: A public function is accessible outside the contract itself, view means essentially constant, that is, the internal state of the contract will not be modified by the function. An Event is how Solidity allows customers, e.g. your app, to be notified of specific events in the contract. Most Solidity language constructs should be clear if you already possess the essential Java/JavaScript skills.


Write an ERC20 token in Solidity Now that we've outlined the basics and explained what it takes to create an ERC20 token, it's time to start writing logic. First, we need to define two mapping objects. Here is the notion of Solidity for an associative or key / value array:



Write an ERC20 token in Solidity Now that we've outlined the basics and explained what it takes to create an ERC20 token, it's time to start writing logic. First, we need to define two mapping objects. Here is the notion of Solidity for an associative or key / value array:


As you can see, the value field of the authorized mapping is in itself a mapping of the tracing account address with its approved withdrawal sum. These mappings as well as all other contract fields will be stored in the blockchain and will be exploited, which will cause the changes to spread to all user nodes in the network. Blockchain storage is expensive and the users of your contract will have to pay, one way or another. Therefore, you should always try to minimize the storage size and writes in the blockchain. Now that we have the required data structures in place, we can start writing the ERC20 logic in the appropriate functions.

When Satoshi Nakamoto, the alleged inventor of Bitcoin, defined the specifications of this bank-independent currency, he had to imagine a system of transaction validations. This work was originally devolved to private individuals, willing to use the computing power of their computer to operate a strict control of each monetary movement. When Bob sends a 1 BTC (Bitcoin) to Alice, several checks must be made:

1. Make sure Bob is Bob and not a usurper of Bob's account.

2. Make sure that Alice is Alice.

3. Verify that Bob's account has the BTC he wants to send to Alice.

4. Verify that this BTC can only be transmitted once.

5. Perform a control calculation of this transaction specific to a precise cryptological formula.

6. Check at the end of the day that this BTC is present on Alice's wallet and that it has been subtracted from Bob's wallet.

7. Enter this new transaction in the ledger that is the Bitcoin blockchain so that such a trace is kept forever.


To carry out these various checks, the one who carries out the mining must perform clever calculations involving the private key (identifier) of Bob as Alice, and also public keys specific to this transaction, a series of numbers calculated from their private keys.

As we see in point 5, the Bitcoin algorithm has been designed in such a way that each transaction can be verified according to a calculation related to cryptology. To do this, Nakamoto exploited a mathematical formula called SHA-256. Applied to any number or text, this formula returns a sequence of 256 digits called a "hash".

Mining consists, by testing a huge number of combinations, which figure could have generated the "hash" of a given transaction. The first miner who finds the solution provides a "Proof of Work" that certifies that he has found the solution to the problem. He reaps a commission – a minimal percentage of the transaction he has validated and also, regularly, new Bitcoins. This is where the analogy with traditional currency mining comes from, since this work regularly results in the creation of new BTC.

Cryptocurrencies that appeared in the wake of Bitcoin (Litecoin, Ethereum, Cardano...) exploit this same principle of mining. Bitcoin mining began to show its Achilles heel from 2017, when demand for this currency suddenly took off. At the height of the wave, the processing of some transactions was counted in hours and sometimes in days. Various solutions have been devised to remedy this.


However, Bitcoin mining was designed from the beginning to be more and more complex over the years. The reason is that only 21 million units of this currency can ever be mined. However, by 2024, more than 20 million BTC will have already been and it will take the equivalent of a century to produce the last million. As a result, while in 2009, 50 new BTC were created every 10 minutes; in 2021, that figure dropped to 6.25 every 10 minutes. At the same time, the size of its blockchain had increased - it exceeded 350 GB at the beginning of October 2021.

Mining has therefore become more and more complex and the task is now carried out by gigantic server farms located in countries such as Mongolia, Iceland or Russia. The result is what some call an ecological disaster. New currencies such as Tezos, Pearcoin, or Mina rely on a simpler mechanism, called "proof of stake" (involving a reduced number of miners trusted by the community at a given time) and blockchains much smaller than that of Bitcoin.

i hope my guide is good.

When Satoshi Nakamoto, the alleged inventor of Bitcoin, defined the specifications of this currency independent of banks, he had to imagine a system for validating transactions. This work was originally devolved to private individuals, willing to use the computing power of their computer to operate a strict control of each movement monetary.

When Bob sends a 1 BTC (Bitcoin) to Alice, several checks must be made:

    Make sure that Bob is Bob and not an impersonator of the latter’s account.
    Likewise make sure that Alice is Alice.
    Check that Bob’s account has the BTC he wants to send to Alice.
    Check that this BTC can only be transmitted once.
    Perform a control calculation of this transaction specific to a precise cryptological formula.
    Ultimately check that this BTC is present on the wallet (wallet) of Alice and that it was subtracted from Bob’s wallet.
    Enter this new transaction in the register that is blockchain Bitcoin so that such a trace is kept ad vitam aeternam.

To carry out these various verifications, the one who carries out the mining must perform clever calculations involving the private key (identifier) ​​of Bob as of Alice, and also of public keys specific to this transaction, ie a series of digits calculated from their private keys.

As we see in point 5, the Bitcoin algorithm has been designed so that each transaction can be verified according to a calculation linked to the cryptology. To do this, Nakamoto exploited a mathematical formula called SHA-256. Applied to any number or to any text, this formula returns a series of 256 digits called a “hash”.

Mining consists, by testing an enormous number of combinations, which number could generate the “hash” of a given transaction. The first miner who finds the solution provides a “proof of work” (Proof of Work) which certifies that it has found the solution to the problem. He collects a commission – a minimal percentage of the transaction that he validated and also, regularly new Bitcoins. This is where theanalogy with traditional currency mining, since this work regularly results in the creation of new BTCs.

Cryptocurrencies that emerged in the wake of Bitcoin (Litecoin, Ethereum, Cardano…) exploit the same principle of mining.

The mining of Bitcoin started showing its Achilles heel from 2017, when demand for this currency suddenly took off. At the height of the wave, the processing of certain transactions was counted in hours and sometimes in days. Various solutions have been devised to remedy this.

Yet Bitcoin mining was designed from the start to become more and more complex over the years. The reason is that only 21 million units of this currency can ever be mined. However, by 2024, more than 20 million BTC will have already been and it will take the equivalent of a century to produce the last million. As a result, while in 2009, 50 new BTCs were created every 10 minutes; in 2021, that number fell to 6.25 every 10 minutes. At the same time, the size of its blockchain swelled – it exceeded 350 GB in early October 2021.

Mining has therefore become more and more complex and the task is now carried out by gigantic server farms located in regions such as Mongolia, Iceland or Russia. This results in what some refer to as a ecological disaster. Cambridge University in a study published in 2021 estimated that the power consumption annual Bitcoin exceeded that of countries such as Colombia or Bangladesh and was not far removed from that of countries like Chile or Belgium.
https://yrtnews.com/how-does-cryptocurrency-mining-work/

The phrase "not your keys, not your coins" refers to the need to own the private keys associated with your money

The person who owns private keys decides how the crypto assets associated with them are spent – if you don't own this, entrust your crypto to a third party


If you own your keys, you have complete control over it, how to use your money — Owning your keys also means being responsible for their safety – and our devices are designed to make this easier

"Not your keys, not your coins" is a popular phrase in the world of cryptocurrencies – and a very important one at that. Without owning your keys, you wouldn't really have control over your coins. Curious why? Well, we have the answer for you – let's get into that.

What are "your keys"?

Similar to a bank account number, cryptocurrencies are sent to a receiving address. The technical term for this address is the public key. If someone sends you some Bitcoin, they will send it to your public key. It is called public because you can send it to anyone without compromising your crypto. However, there is another key associated with your public key. That would be the private key. This key is absolutely vital. Anyone who has access to the private key can access the funds on the public key to which it is linked. Put more simply, a private key resembles a password – a means of identifying you as the true owner. When one speaks of "not your keys, not your coins," it refers to your private key.

The difference between accessing and owning your coins When you log into your favorite exchange, it seems like you actually own the coins in your account.

After all, you'll need to log in to get access to them, right? False. It looks like you have total control over your assets... until you try to withdraw more cryptocurrencies than the platform allows – or lower than a certain threshold. In fact, the exchange could take a cut from every cryptocurrency transaction you make. You can easily do this because you don't have the private keys to the crypto assets in your account – they have them.

Why is it important to have my keys?

There are a plethora of reasons why you might want to own your keys instead of leaving them in the care of a third party, which requires you to entrust them with your money. The most obvious thing is to inadvertently entrust it to malicious actors. If you've entrusted your money to a malicious third party, you'll probably never see it again. Fortunately, this is quite unlikely for established companies. Even then, you will never have total control over your own money with them. As mentioned earlier, they can set certain restrictions such as a maximum withdrawal limit or fees associated with using their services.You can decide what to do with your own hard-earned money. Even if their platform has technical issues, you are basically excluded from your cryptocurrencies.

In short, as long as you don't have your keys, you have no financial freedom and your money remains at the mercy of someone else. In addition, you also have no control over the security of the platform's system – you outsource the security of your cryptocurrency to them. Unfortunately, there have been major hacks over the years where around $2 billion has been stolen.

The opposite is true if you have your own private keys. If you have the private keys, you can set your own rules. There won't be anyone to tell you what you can or can't do with your own cryptocurrencies. If you have your own keys, you own your own coins and can enjoy financial freedom. However, having your own keys comes with an important responsibility: you need to make sure you're the only one who owns those private keys. If someone else manages to get their hands on them, they can access your cryptocurrencies and take them. This is where we come in.

“Not your keys, not your coins” is a popular expression in the world of cryptocurrencies – and a very important one at that. Without owning your keys, you wouldn’t really be in control of your coins. Curious as to why? Well, we have the answer for you – let’s dive into it.
What are “your keys”?

Similar to a bank account number, cryptocurrencies are sent to a receiving address. The technical term for this address is the public key. When someone sends you some Bitcoin, they will send it to your public key. It’s called public, since you can send it to anyone without compromising your crypto.

There is, however, another key that is linked to your public key. That would be the private key. This key is absolutely vital. Anyone that has access to the private key can access the funds on the public key that it’s linked to. In simpler terms a private key is similar to a password – a means of identifying you as the true owner. When speaking of “not your keys, not your coins”, it refers to your private key.
The difference between accessing and owning your coins

When logging into your favorite exchange, it might seem like you actually own the coins on your account. After all, you do need to log in to gain access to them, right?

Wrong. It looks like you’re in total control of your assets… until you try to withdraw more cryptocurrencies than the platform permits – or lower than a certain threshold. As a matter of fact, the exchange might take a cut of any cryptocurrency transaction you make. They can quite simply do this, since you don’t own the private keys to the crypto assets on your account – they have them.

This phenomenon isn’t limited to exchanges: it goes for any wallet provider that doesn’t allow you to own the keys to the associated funds. If you don’t own the private keys, then you are not the true owner of the funds – you’d be entrusting a third party to it. This means that they essentially can do whatever they want with the cryptocurrencies on your account.
Why does owning my keys matter?

There’s a plethora of reasons why you’d want to own your keys, rather than leaving it in the custody of a third party, requiring you to trust your funds to them.

The most obvious is accidentally entrusting it to malicious actors. Should you have trusted a malicious third party with your money, you’ll likely never see it back. Thankfully this is quite unlikely with established companies.

Even then you will never be in total control over your own money with them. As mentioned previously, they can set certain restrictions like a maximum withdrawal limit or fees associated with using their services. They can decide what you can do with your own hard-earned money. Also if their platform has any technical issues, you’re basically locked out of your cryptocurrencies. In short: so long as you don’t own your keys, you won’t have financial freedom and your funds remain at someone else’s mercy.

On top of this, you won’t have control over the security of the platform’s system either – you’re outsourcing your cryptocurrency’s security to them. Unfortunately over the years, there have been major hacks that have amounted to around 2 billion dollars being stolen.

The opposite is true if you own your own private keys. By having the private keys, you can set your own rules. There won’t be anyone else telling you what you can or cannot do with your own cryptocurrencies. By having your own keys, you fully own your own coins and can enjoy financial freedom.

Having your own keys does come with an important responsibility though: you must ensure that you’ll be the only one to hold those private keys. If anyone else manages to get their hands on them, they can access and take your cryptocurrencies.
https://www.ledger.com/academy/not-your-keys-not-your-coins-why-it-matters

I remembered that not so long ago I wrote a guide to cryptocurrency and blockchain. I was trying to keep it simple and plain, so even your grandma can understand it, hopefully.

I kept it on my laptop and forgot about it. I just wanted to share with you, no strings attached, after all, I did spend days researching and writing it, at least it might help someone.

So here it is, feel free to share, reuse, whatever (but at least leave some credits): PDF guide

It's just a simple PDF that I wrote, nothing more, nothing less.

4.1.1. Hot wallets
In simple terms
Hot wallets are basically the wallets that connect to the internet and generally offer lesser security.
Hot wallets are basically the wallets that connect to the internet and generally offer lesser security. On the other hand, hot wallets offer better accessibility due to their connection with the internet. Even if hot wallets are vulnerable to fraudsters and hacker attacks, they are highly user-friendly.

Hot Wallets

One of the foremost crypto wallet types brings hot wallets to the discussion. Hot wallets are basically the wallets that connect to the internet and generally offer lesser security. On the other hand, hot wallets offer better accessibility due to their connection with the internet. Even if hot wallets are vulnerable to fraudsters and hacker attacks, they are highly user-friendly.

This makes sending, receiving, and using your crypto as easy as using any online bank account, payment system, or brokerage.   

No no, I completely understand your suspicion as it indeed sticks out from rest of his posts, the biggest difference being the text format. In all of his previously started topics he never really bothered to create paragraphs while in the one you shared here he actually put some effort into it. Another suspicious thing that we have now is @Xal0lex's finding of yet another place where exactly the same text showed up and I don't know what are the chances of some bitcointalk topic getting so popular that others copy/paste it. Unless Nerdy doctor posted those stuff in few other places too.

All this is no evidence though so unless someone shows up with the original text, nothing much we can do. But how knows, maybe he indeed got inspired to write that, strangers things had happened before.

- RESEARCH: Why people fail or loose their investments is because of lack of knowledge. Many times, we go into a business or investment because it is trending without making efforts or be patient to make enough research, learn and understand the investment, it's pros and cons, it's sustainability, durability and seasons.
- ITS A RISK: Life is all about risk taking, you drink water trusting that it will not choke you, you wake each day trusting that you will be alive to see the next day. We should not be waiting for when all things a right or good before we take that bold step to change our lives or make a difference.
- BE PROACTIVE: Always ensure that you do not put all your life earnings in an investment, always have spare money that will last through the maturity stage of that investment so that whatever happens either good or bad, you have a fall back plan.
- BE PATIENT:  Finally, it is said that the patient dog eat the biggest bone, I believe its not only the bone because before he gets to the bone, he must also have the test of the flesh. What am trying to point out is the benefit of being patient in the course of investing, don't be in  a hurry to harvest because the seed you have planted goes through a process. Patience to change platforms even when the tides are high instead of giving up to the sea.

The risks of trading cryptocurrencies are mainly related to its volatility. They are high-risk and speculative, and it is important that you understand the risks before you start trading.

They are volatile: unexpected changes in market sentiment can lead to sharp and sudden moves in price. It is not uncommon for the value of cryptocurrencies to quickly drop by hundreds, if not thousands of dollars.
They are unregulated: cryptocurrencies are currently unregulated by both governments and central banks. However, recently they have started to attract more attention. For example, there are questions about whether to classify them as a commodity or a virtual currency
They are susceptible to error and hacking: there is no perfect way to prevent technical glitches, human error or hacking.
They can be affected by forks or discontinuation: cryptocurrency trading carries additional risks such as hard forks or discontinuation. You should familiarise yourself with these risks before trading these products. When a hard fork occurs, there may be substantial price volatility around the event, and we may suspend trading throughout if we do not have reliable prices from the underlying market.

We will endeavour to notify you of potential blockchain forks. However, it is ultimately your responsibility to ensure you find out when these might occur.

Risks of cryptocurrency spread bets and CFDs

With CMC Markets you can trade bitcoin and ethereum via a spread bet or CFD account. This means you are exposed to slightly different risks compared to when buying these cryptocurrencies outright.

They are high-risk speculative products: with spread betting and CFD trading you only need to deposit a percentage of the value of a trade to open a position. Profits and losses are based on the full value of the trade. The volatility of cryptocurrencies, combined with trading on margin, could lead to significant losses.
They can be affected by gapping: market volatility can cause prices to move from one level to another without actually passing through the level in between. Gapping (or slippage) usually occurs during periods of high market volatility. As a result, your stop-loss could be executed at a worse level than you had requested. This can worsen losses if the market moves against you.
Charges may be greater than with other asset classes: you should review all costs involved before you trade. Charges may be higher when spread betting or trading CFD cryptocurrencies. The likelihood of making a profit versus the impact of these fees should be considered.

@Rikafip, I admit that I may be wrong about @Nerdy doctor, but if you look at his post history it's hard to get the impression that he really wrote that post. Still, maybe he had a moment of inspiration and really tried and wrote something meaningful.

@Xal0lex, but the date on that article is April 11 (I can't confirm the year), but if we assume it's from 2022 then @Nerdy doctor couldn't copy from there. I found a source from April 3, and there are also deleted posts on Reddit dated April 20. Either way @worldtraveller321 has certainly plagiarized part of his post using this article.

@Rikafip, I'm not claiming that he plagiarized something that was written the day after, but that it doesn't seem to me that he wrote that post. I may be wrong, but someone who has better knowledge to check it may find that it is a translated text.

But @Nerdy doctor wrote his post on April 2nd so how could he copy that one from April 3rd? Unless I am missing something here.

It is possible that @Nerdy doctor also plagiarized his post, because I found an identical copy dated April 3 here.

Plagiarism
User : worldtraveller321
Plagiarized post (archived)

It irksome just thinking about it. If people could share information, newbies won't readily fall prey to scammers.

It irksome just thinking about it. If people could share information, newbies won't readily fall prey to scammers.