Solution to Etherum - page 10. | Bitcointalksearch.org

Bttzed03

legendary

Activity: 2114

Merit: 1149

https://bitcoincleanup.com/

Quote from: OluwaTosin10 on October 03, 2018, 01:10:06 PM

Etherum low value and ridiculous dump is all due to the block chains fault

It is too easy and conveniently cheap to create and own a token on the Etherum Blockchain and t had given liberality to scammers and thief’s to take advantage.

Until Etherum reviews it’s contract creations terms and policies,
it has the dangers of been overcome by more comprehensive Blockchain
It has the tendencies of been ridiculously cheap

I think the purpose of ethereum being too easy and conveniently cheap is to provide a platform for community developers with less resources. In any platform, there will always be scammers or abusers.

Vicrey

newbie

Activity: 94

Merit: 0

Quote from: OluwaTosin10 on October 03, 2018, 01:10:06 PM

Etherum low value and ridiculous dump is all due to the block chains fault

It is too easy and conveniently cheap to create and own a token on the Etherum Blockchain and t had given liberality to scammers and thief’s to take advantage.

yes this is true, but not just in Ethereum blockchain this happening, but all platform that has a smart contracts. they are all give a chance to scam more people in this field of crypto.

Quote from: OluwaTosin10 on October 03, 2018, 01:10:06 PM

Until Etherum reviews it’s contract creations terms and policies,
it has the dangers of been overcome by more comprehensive Blockchain
It has the tendencies of been ridiculously cheap

I think the only one thing to solve this problem is to implement a KYC to all incoming projects to create in their blockchain. this can be lessen a scam projects that continuing scamming all investors in this field.

dulinivanrus

jr. member

Activity: 210

Merit: 1

Ethereum has problems with transactions and everyone understands and knows it well ! But I think the development team is easy to fix the situation. Ethereum has the best blockchain and the minimum number of errors in the network compared to other platforms for creating and transferring tokens !

leonix007

sr. member

Activity: 1008

Merit: 297

Grow with community

There were a lot of competitors emerged

And I would say, investors has now a lot of choices on a particular tokens and technology approach

ETH new and existing investors are also keen on this and might switch to the most profitable technology

Adding up BTC price dips that affected almost all price cryptos

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: oseikuf44 on October 03, 2018, 07:30:28 PM

Ethereum has given us the power to do what Bitcoins couldn't do, that is owing our own tokens without much infrastructure and technology development from the contract creator. There is a downside in every good thing and I think many people owing it doesn't make it bad.

That's the reason why many creators abused the eth platform.
They make this system as their playing ground of getting money from naive users.
Though waves asset is very easy to create than eth token, yet, many developers prefer to create under eth platform because of its popularity of usage.

Quote from: butka on October 03, 2018, 01:30:33 PM

This is another issue. I once listened to an interview of Vitalik, where he categorically rejected the idea of moderating smart contract on their network. While this is easy to say and avoid any accountability on their part, I think it would be much better for the long term future of Ethereum if they introduced some kind of review process. How hard could be spotting and preventing fake ICO's from using their blockchain? I don't think it could be too hard.

Loose regulations in creating smart contract will bring a lot of scam/crap tokens.
If the eth dev team will just provide some sort of regulations, number of scammers might lessen.
But that's a lot of work to do on their part. Good research/investigative team is needed to implement such system.

oseikuf44

member

Activity: 490

Merit: 10

Ethereum has given us the power to do what Bitcoins couldn't do, that is owing our own tokens without much infrastructure and technology development from the contract creator. There is a downside in every good thing and I think many people owing it doesn't make it bad.

poodle63

hero member

Activity: 2702

Merit: 510

Leading Crypto Sports Betting & Casino Platform

Quote from: OluwaTosin10 on October 03, 2018, 01:10:06 PM

Etherum low value and ridiculous dump is all due to the block chains fault

It is too easy and conveniently cheap to create and own a token on the Etherum Blockchain and t had given liberality to scammers and thief’s to take advantage.

Until Etherum reviews it’s contract creations terms and policies,
it has the dangers of been overcome by more comprehensive Blockchain
It has the tendencies of been ridiculously cheap

It will be much better if ethereum change its policies to create a new ethereum assets. so many scam tokens are using it right now as far as i know PKG token, Futurax and any other shit token that has created in etheruem platform are using it. it has become the main problem and it's even worst than the scalability problem of ethereum.

Jackolantern

member

Activity: 321

Merit: 10

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

I think that ether is the best way to earn good money and not lose time. I think that it is the best way to solve all financial problems you may have at the moment, just buy coins now and sell later

Bharathi13

member

Activity: 368

Merit: 25

The Standard Protocol - Solving Inflation

Yes this is the main reason ethereum being dumped and their slower development to solve the scalability issues. They really need to review their contract creation parts as due to lower fees there always remain chances of creating fake altcoins by executing scam coin with same ticker.

BETAWI

sr. member

Activity: 518

Merit: 250

So far I can only observe ethereum blockchain, and not too far about this. Maybe I can only hear about the opinions of many people talking about this, with my ears. But for now I can only stand still and stand in place. I hope there are even better improvements for ethereum blockchain. Lips sealed

lifesgood10

member

Activity: 378

Merit: 13

Quote from: OluwaTosin10 on October 03, 2018, 01:10:06 PM

Etherum low value and ridiculous dump is all due to the block chains fault

It is too easy and conveniently cheap to create and own a token on the Etherum Blockchain and t had given liberality to scammers and thief’s to take advantage.

Until Etherum reviews it’s contract creations terms and policies,
it has the dangers of been overcome by more comprehensive Blockchain
It has the tendencies of been ridiculously cheap

Yes
I also believe that the Etherum Blockchain contract creation is too easy to own
Which has caused several greedy people to manipulate this into a scamming activity
There are several self drops with selfish aims and objectives

All they do is elope with Etherum and dump all tokens on the gullible investors
We need a review
We need a regulation against contract creation needlessly

butka

full member

Activity: 434

Merit: 246

Quote from: OluwaTosin10 on October 03, 2018, 01:10:06 PM

Etherum low value and ridiculous dump is all due to the block chains fault

Yes, the problems with their blockchain are piling up, starting from the size and transaction speed, all the way down to the pretty much unlimited supply (and the associated inflation problem). Let's see if they can make some progress with the announced upgrade of their network.

Quote from: OluwaTosin10 on October 03, 2018, 01:10:06 PM

Until Etherum reviews it’s contract creations terms and policies,
it has the dangers of been overcome by more comprehensive Blockchain

This is another issue. I once listened to an interview of Vitalik, where he categorically rejected the idea of moderating smart contract on their network. While this is easy to say and avoid any accountability on their part, I think it would be much better for the long term future of Ethereum if they introduced some kind of review process. How hard could be spotting and preventing fake ICO's from using their blockchain? I don't think it could be too hard.

OluwaTosin10

jr. member

Activity: 546

Merit: 4

Etherum low value and ridiculous dump is all due to the block chains fault

It is too easy and conveniently cheap to create and own a token on the Etherum Blockchain and t had given liberality to scammers and thief’s to take advantage.

Until Etherum reviews it’s contract creations terms and policies,
it has the dangers of been overcome by more comprehensive Blockchain
It has the tendencies of been ridiculously cheap

Topic: Solution to Etherum - page 10. (Read 15743 times)