Nick Szabo: Key Insights
Bit Gold and Bitcoin have quite a bit in common, such as generating new units by solving computational puzzles and linking the results together. But Bit Gold never actually went live.
Before interacting with a contract, check whether it’s open source and has been audited. Before signing, read the authorization details in your wallet’s pop-up carefully.
Ethereum, where $ETH resides, brought the concept of smart contracts into widespread use. Current price: 2312.25.
Have you run into similar pitfalls? Share your experiences to help others stay alert.
#ETH
This is not investment advice. Don’t copy blindly.
Bit Gold and Bitcoin have quite a bit in common, such as generating new units by solving computational puzzles and linking the results together. But Bit Gold never actually went live.
Before interacting with a contract, check whether it’s open source and has been audited. Before signing, read the authorization details in your wallet’s pop-up carefully.
Ethereum, where $ETH resides, brought the concept of smart contracts into widespread use. Current price: 2312.25.
Have you run into similar pitfalls? Share your experiences to help others stay alert.
#ETH
This is not investment advice. Don’t copy blindly.
