Ethereum At Its New Record High

People these days are causing the issue regarding the existence of crypto-currencies along with digital assets after ERC20 tokens moved on top of the Ethereum Blockchain. Though there is not much to gain, but by doing so, rather than tricking the beginner crypto-currency users for buying the crappy tokens. It is speculated that it is the matter of fake IOTA token which moves on top of the Ethereum Blockchain. Till now, just one transaction linked with this token and nothing more.

Be aware of fake IOTA token

The high interested is noticed in IOTA Currency in the last few weeks. This is all value along with market capitalization which has developed so far. It is not believed that criminals and scammers take benefit of this trend. More exclusively, it is not known who has formed an ERC20 token on the Ethereum Blockchain and labeled it as MIOTA, and this contains the similar supply as IOTA deals in. Fortunately, no value associated with this IOTA token, and this token is not purchased either.

Still, air of doubts moving around which has failed to clear that why people keep the issues already existing currencies as ERC20 tokens.

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About the Author: Paul Wright

Paul grew up in a small town in Ohio. He studied history in university, graduated, and married his wife shortly after graduating. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central New Mexico. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children.

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