Blockchain hype scam

1. 99% of them are deceiving. It's deceiving to say how much it will appreciate. It's just a technology, its application is valuable.

2.

blockchain is not deceiving, but deceiving people under the guise of blockchain. In fact, blockchain scam is to make use of people's ignorance of the technology, and then fraudsters rely on various and fancy means to set up scams. Many people only look at the surface when making investments, and finally fall into the trap of high profits

in the current society, more and more people are willing to take this risk to make investment in order to get rich returns, but not all of them can make profits. After all, where there are interests, there are many people waiting, and they will set traps for people to take the t

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precautions

blockchain is a technology. In short, this technology is a new way of data management based on cryptography. Blockchain technology has broad application prospects because it has the advantages of decentralization, non tampering, tracing and so on. And issuing currency is a kind of behavior derived from blockchain technology. At present, the vast majority of blockchain applications which mainly focus on currency issuance and speculation are suspected of illegal fund-raising

blockchain technology is still in early development, and it is difficult to apply it. If you only rely on a white paper to claim that there is an application, it is a deception in itself

3. I'm very responsible to tell you that blockchain is definitely not a scam. First of all, the most talked about blockchain is digital currency. Here I want to state that there is no digital currency out at present. As you know, bitcoin, Ethereum, reborn, etc. are all digital encryption codes, and they don't have full purchasing power. At present, they are only in the stage of speculation. Blockchain is widely used in the future It will certainly overturn the existing economic model and affect the way of human life. Compared with the Internet, it will have a qualitative leap. Loser poor want to become a billionaire. This is the best shortcut. If you want to know more, you can continue to ask questions

4.

A few days ago, the person in charge of ant financial services said that we should be alert to all kinds of deceptions in the name of blockchain, and let this technology that should have proced greater value become a victim. He said that the next year's block chain is likely to usher in the collapse of the bubble, but this also means that the real value of the block chain is beginning to emerge. p> The four challenges are security, information protection, transaction performance and incentive mechanism. For example, in the aspect of information protection, effective technical solutions need to be found between the information protection demands of sensitive information and trade secrets (not let others know) and the consensus of multi-party participation (let more people know), etc

experts said that we should be alert to all kinds of deceptions in the name of blockchain, and let the technology itself, which should have proced greater value, become victims. In the coming year, the block chain will probably usher in the burst of bubbles and the emergence of real value, and will also usher in scale applications in the commercial field within 2-3 years. p>

Article source: bit110 network

5. Whether blockchain is pyramid selling in disguise is not difficult to determine
for the purpose of developing personnel, pyramid selling is to seek illegal interests, disrupt economic order and affect social stability by calculating and paying remuneration to the developed personnel based on their number of directly or indirectly developed personnel or sales performance, or requiring the developed personnel to obtain the qualification to join in on the condition of paying a certain fee.