Yep smart contracts are definetely the future
just check the latest article about smart contracts from CFTC
https://www.cftc.gov/sites/default/files/2018-11/LabCFTC_PrimerSmartContracts112718.pdf
Topic: Smart contract for regulated new alcoins. (Read 178 times)
Smart contracts are indeed needed and this is very influential with the new altcoin being present, but it is difficult to be able to capture scammers, we can only avoid scammers and have no evidence to imprison them, the law is unable to process wisely in this matter.
Most of team crypto looking for finance their projects through a new ICO, but every day there are more ICOs Scams which only want to buy its tokens and after dissapear, do you think should to create a Smart Contract to penalize them?? Unfortunately, but smart contact is probably not enough.
Personally, I think that all government regulations regarding cryptocurrencies only disturb their development, but when it comes to ICO, unfortunately they are needed. Only when ICO will be legally regulated, we can officially chase scammers and then before someone tries to run scam like that, he will think about it several times.
Most of team crypto looking for finance their projects through a new ICO, but every day there are more ICOs Scams which only want to buy its tokens and after dissapear, do you think should to create a Smart Contract to penalize them?? Most of team crypto looking for finance their projects through a new ICO, but every day there are more ICOs Scams which only want to buy its tokens and after dissapear, do you think should to create a Smart Contract to penalize them?? Penalized like? Fined of money? Better those scammer inside jail and suffer and learn how hard if you commit a crime of theft. Actually, there are laws already to penalize but catching them is bit complicated if those people are too shady to find.
Not only penalize them but to stop them. It has been their milking place if they are just going to be penalized.
Rinse and repeat, so its likely to just pay the fine and we're fine! We don't really need more of these coins because there's too much of it in the market and just imagine a thousands of it circulating. And many of them are totally worthless and adds no value but just a place to these greedy devs.
Rinse and repeat, so its likely to just pay the fine and we're fine! We don't really need more of these coins because there's too much of it in the market and just imagine a thousands of it circulating. And many of them are totally worthless and adds no value but just a place to these greedy devs.
I think it would be better to have a third party service to hold the tokens, such as escrow services that are often used in ICO activities long ago, investors are also comfortable with the presence of these services in an ICO.
Most of team crypto looking for finance their projects through a new ICO, but every day there are more ICOs Scams which only want to buy its tokens and after dissapear, do you think should to create a Smart Contract to penalize them?? Most of team crypto looking for finance their projects through a new ICO, but every day there are more ICOs Scams which only want to buy its tokens and after dissapear, do you think should to create a Smart Contract to penalize them?? Jump to: