Q & A

How can you tell the difference between real and fake cryptocurrencies?

-Tina P

The difference between a real blockchain and a fake one is your ability to see the source code that makes it work, actively participate in the processing of transactions without the need to ask anyone permission to do so, and reap some reward for doing the work that is involved.

If you can’t independently verify the currency’s¬†monetary inflation and all transactions in the network, then you should be very concerned – It is most likely a scam.


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