TODAY'S DISCUSSION
Or how can we get rid and fight of illegal activities like rugpulling, plaglarism in the blockchain world
- this topic has been treated many times here and we have discussed about it so much yeah but I won't stop to bring it up because this discussion Don't Have to End to regulate many things this is why I allow the topic of @delight200 and posted it here with his testimonies.
The reason for this question is that I have invested a lot of money in a crypto projects and in many nfts that rugpull all investors lost thier money.
Not one I have but I've seen many of that.
Wonderland (time) one of the developer, a rumour came out that he has a rugpul record and this is what caused the crash of wonderland
This community has which war against is a lot and I've tried their best to reduce illegal activities rate
topic from @delight200
PROJECT DESCRIPTION
VYB_POBSTRTEET is a daily project which is intended to help the community in engagement and in popularity and seek for any potential problems in the community and its possible solution.
This project is an initiative of @insight.pob and @onealfa.vyb, where there will be a daily topic raised in which everybody can engage in it, if you have any topics suggestion kindly drop it in the comment section with #Topic.
MOTIVE
to attract and bring new members to the vyb and pob community.
support new members and guide them on any issues they are facing
to build the pob community
i want pobstreet to be the mind of the community members, i want a system that will reward every good content that is helpful to the community.
to attract and bring new members to the vyb and pob community.
support new members and guide them on any issues they are facing
to build the pob community
i want pobstreet to be the mind of the community members, i want a system that will reward every good content that is helpful to the community.
Having a better means of securing your account is very vital now and that is why Google Authenticator too is in place to put proper security on people's account.
I think this is the best means of making sure that fraudster don't have Chance of having chance of getting into any of our account.
We have seen cases of hive account been hacked too,so keeping all your private keys and password to oneself alone too is very important
blockchain cannot be hacked it means the person has given people access to his password in one way or the other knowingly or unknowingly
There are some fraud in centralised exchange and there are some that will Lure you especially in telegram
Centralised exchange is hackable.
Us caught those that jacket binifex they hacked billions of dollars
Why is centralized exchange hackable since it's using a decentralized wallet
As we all know the war between governments banks vs cryptocurrency all this while in which government are fund of causing fud(fear uncertainty doubt) qmong crypto holders banning crypto miners and all kinds of fud.
Now this is a great news in russia a very powerful and influential country in europe legalising cryptocurrency.
#topic
Is this the beginning of crypto final breakthrough
Controlling scam is nearly impossible in a decentralized system. What we can work on is to avoid it. There is a need to create more awareness about the protection of keys, and to be prudent about the offers that seem too good to be true.
So far as plagiarism is concerned.. strict punishments like banning the convict for a long time may work, but I wonder how can it be possible without having some centralization in the decentralized systems
Yeah I totally agree with you but the best thing is to keep the good work moving in the blockchain and avoid spam when be noticed
I think spam can be avoided to an extent, if it starts creating mess it needs to be dealt with
Absolutely true to keep the blockchain moving forward
It is not nearly impossible it is totally impossible to control fraud act in this system
You are responsible for your actions your password is only with you and with no one
So giving people access to your account can be done in so many ways you can never imagine but you are still the one responsible for it so I agree with you
This is why knowledge it's very important not all people know about the decentralization of crypto leads to you being having full control over your wallet or account or anything on blockchain that is yours.
Haha. You are right. It is absolute impossibility
the security of blockchain and decentralization have made fraudulent activities non punishable because this the centralisation of cryptocurrency has made everyone to be responsible for their loss
Yeah because blockchain wallet are not linked to any identity except if its centralised exchange being named in the scan of the blockchain the bought sometimes
Your identity in centralised exchange did you know that the money you are decentralized exchange is not for you but for the wallet of decentralized exchange it is safe but in normal world it is not safe because it is not with you
Definitely I think I agree with your point to an extent and I will say irrespective of the level of measure that we tend to put in place,some set of people will always want to find a way of getting into people's account in a malicious way.
Keeping all necessary keys and password relating to any of such account is very vital and I sincerely agreed with you ,as I also see that ad the only Means of securing our account and not putting an end to such fraudulent activity
Certainly, robbers can never be eliminated completely. However, we can take measures to save us.
The problem here is that, as there arose new strategies to combat online scams, scammers also build new counter strategies to continue with their illegal actions. The duty is on each of us to work towards securing our wallets and other assets. This is where education is very important.
As regard plagiarism, banning plagiarist and publishing it on the platform will scare those who have not been caught copying and pasting away.
No matter how careful someone is the person would always fall victim to scams if you lack knowledge
Fraud has been an issue of this world for a very long time and is in every aspect of life
This is humanity and wickedness.
The activities of fraud in blockchain can't be controlledbecause everybody is responsible for anything that happened to him in blockchain because that is the rule of the system
The best way to avoid fraud and the best way not to fall a victim of buying a fraud project is being knowledgeable and doing a thorough research before jumping into anything
Yes making researchs always and seeking for knowledge won't make you fall victim of this.
Yes it can't be controlled but it can be reduced if we can spread the knowledge of it to everyone we know
The only way I believe is to secure your account from Intruders in order for them not to get access if your details especially if any of them ask for your information in the blockchain
Not giving them your seed phrase or your private key is not enough to secure your account but using your wallet browser to enter any site any our easy access to the site if connected and some people won't be aware of this
Yes
There are many fake site that someone can accidentally give them access to his browser and they will try to imitate original.
I have fall victim of this many times
So if you don't know about this before and you are just knowing now that connecting to an unknown wallet is very dangerous then you can browse on how to revoke a connected site to your wallet and revoke every site you've connected your wallet to
So do enter the original site of a project just go to coingecko or coinmarketcap and there is the official site of the project dear then you can copy the link and go and paste it in your wallet browser
Yea
They don't asked for seedphrase anymore because people are not ignorant of that but they will create a site to have access to everything
Or they will do a airdrop and tell you to send 0 BNB to this contract address.
So they will use that means to have access to your account.
Or
Plaglarism can't be stopped fully here.
Even though their account is banned, they will open the new account and continue their foolish act
It can actually be reduced if there is a serious punishments taking all those involving it
Yeah agree
We have seen the effect of that in hive blockchain but what punishment can we give to serial rugpullers?
Scams a lot of them host a free claim presale and airdrop and received all the gas fee.
So beware of airdrop especially in binance smart chain
Binance smart chain is a very insecure blockchain that even after creating a project you can edit it and rugpull
This is a hidden facts many people don't know this is why I don't like binance smart chain project
Many people would create a fixed sight of a popular dex and make it look like the real one and so if one do mistake the person with no that is not the real one because the look-alike the person we just connect it and they will take all his money
I have fallen victims of them and I immediately sent all my funds out.
That is the best decision anyone who has fall victim or lost his phone the first thing the person should do is to first send the fund to another wallet because you can't change your password
They won't withdraw immediately if your asset is low but anytime you have a great asset in the wallet then they would withdraw your asset
So don't wait because you feel there is nothing just because your asset is still in your wallet.
Just revoke every site you connected before.
They are too much in trustwallet
So that they won't be suspicious and for more of thier profit.
These are very wicked people living on stealing
I have never thought of that in hive cus the way things are, it almost impossible to come across fraud act in this blog. everything is secured moreover, as far as Key's are being secure well percentage of fraud is less than 0.
There are a lot of fraudulent act in this crypto you should be careful and giving access to site to your wallet browser
Fraud activities in crypto and blockchain is something that can be stopped.
Feg are creating a system in which they can't rugpull and there are new blockchain that there is no code of rugpull within them
I knew they can create a system that can help but presently there is no means
Yeah your right but at the same time be mindful when in the blockchain to be more secured in other not to display your keys where it may be ask if possible
One of my fellows @sofs-su became a victim of fraud activity here on hive. They asked for keys in a very clever way on the name of witness vote
He should withdraw all his asset out of his wallet
Lol. She figured it out when her assets were already gone.
Smile,then let me say you have not been here for long then, their have been case's of account hacked or even token wipe away from people's account here on hive,but to me I see this an act of negligence on one side to those who are involved too.
All password are to be kept private and someone need to be very careful of website to type out password too at times,most website are times are controlled by fraudster and once they have access to your key,it gives them the chance to explore other things
Blockchain can't be hacked definitely those people that their account is hacked they have make their account accessible because blockchain technology is not hackable
These are things that can't be avoided in a decentralized system.
Ignorance has made many people to fall victim rugpulled project and this can't be stoped the aspect of rugpulling,scam coins isn't controllable
So how would one recognise a project that would rugpull.
It is almost impossible to recognise that but I will advise everyone to be careful
To recognise a project that will will rugpull,you are going to verify the total amount of wind and the total percentage of how people who hold the coin because if a person of few people hold a high percentage it will easily dump
Whale?
Where can we recognise the amount of how people hold or how much people hold?