In 2019, a decentralized storage project called 'Deep Sea Protocol DEEPO' suddenly became popular in Asia. The team claimed to have created a 'permanent storage network' that could save any data for a hundred years for a very low fee. This concept was fresh and shocking, instantly attracting countless investors, and the token price skyrocketed in a short period. Freelancer Lin heard about it and bought in at the first opportunity. He believed that 'data storage is the future trend' and even invited friends to join. However, six months after its launch, community developers discovered that most of DEEPO's storage nodes came from servers built by the team, and it was not truly decentralized. Once the servers were shut down, all the data would disappear. Soon after, DEEPO closed the node servers citing 'financial pressure', resulting in a total loss of data, and the token price subsequently plummeted to one percent of its original value. The team released a final statement: 'May someone continue our dream in the future.' They then disappeared entirely. That day, Lin Chen realized: Dreams can be beautiful, but projects must be real. Warning: As long as the technology cannot be verified, nodes cannot be queried, and the ecosystem completely relies on the team, it is definitely not decentralized. The more appealing the high concept, the stricter the scrutiny should be. Caution is the first rule of entering the cryptocurrency space.
In 2019, a decentralized storage project called 'Deep Sea Protocol DEEPO' suddenly became popular in Asia. The team claimed to have created a 'permanent storage network' that could save any data for a hundred years for a very low fee. This concept was fresh and shocking, instantly attracting countless investors, and the token price skyrocketed in a short period. Freelancer Lin heard about it and bought in at the first opportunity. He believed that 'data storage is the future trend' and even invited friends to join. However, six months after its launch, community developers discovered that most of DEEPO's storage nodes came from servers built by the team, and it was not truly decentralized. Once the servers were shut down, all the data would disappear. Soon after, DEEPO closed the node servers citing 'financial pressure', resulting in a total loss of data, and the token price subsequently plummeted to one percent of its original value. The team released a final statement: 'May someone continue our dream in the future.' They then disappeared entirely. That day, Lin Chen realized: Dreams can be beautiful, but projects must be real. Warning: As long as the technology cannot be verified, nodes cannot be queried, and the ecosystem completely relies on the team, it is definitely not decentralized. The more appealing the high concept, the stricter the scrutiny should be. Caution is the first rule of entering the cryptocurrency space.
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🔥The cryptocurrency scam has escalated! An American woman was scammed out of $1,000,000, and ChatGPT saved her!
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Family, who understands! The cryptocurrency scam has already spread overseas😭 Recently, the experience of a sister in California has really sounded the alarm for everyone — the combination of online romance and trading cryptocurrencies is aimed at your trust and wallet! Here's the thing: Margaret met her perfect boyfriend who calls himself "wealthy Ed" on FB👔 He showed care every day and shared emotional support, slowly letting her lower her guard. Then he started making big promises: "I have insider channels, cryptocurrency is guaranteed to make money, and I'll help you achieve financial freedom~" The sister fell for it directly! She transferred $490,000 from her retirement account, and even re-mortgaged her house to gather $300,000, putting it all into the so-called "exclusive cryptocurrency account"📥 As soon as the money was transferred, the account was suddenly frozen! The "boyfriend" immediately changed his tune: "To unfreeze it, you need to pay a $1,000,000 deposit"⚠️
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This is our base camp for uncovering crypto gems, sharing alpha signals, and discussing all the trending stuff. Whether it's hot topics, airdrop info, or market insights – let's share and explore together!
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My Binance Square chat group "Follow Bobo, Let's Dig Dig Dig!" is now live!
This is our base camp for uncovering crypto gems, sharing alpha signals, and discussing all the trending stuff. Whether it's hot topics, airdrop info, or market insights – let's share and explore together!
You can find it in the "Groups" section on my profile. Come join the dig! Click to join the group gogogo