The virtual currency Pi created by Stanford University's doctoral team can "mine" on mobile phones. Compared with digging bitcoin, you need enough mining machines, and the way to dig coins is very simple. You need to send me a coin-operated App for free.
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With the myth of creating wealth by Bitcoin and dogecoin, digital currency with various names can be described as "eight immortals crossing the sea and showing their magical powers". A kind of money delivery (Pi) that claims to be able to "dig money" with mobile phones has recently become popular in the circle of friends, and news of "pulling people's heads" can be seen everywhere in Weibo and WeChat circle of friends.
Cell phones can be "mines". Can such blockchain technology be realized? According to many insiders, the mainstream "mining" project requires a lot of computing power, and complex algorithms are designed to achieve the purpose of encryption and security, which is difficult to achieve by using mobile phones to "mine". Investors should be wary of virtual currency projects that use "Ponzi model" for marketing at different levels, and be wary of being smashed, cut, or even caught in illegal fund-raising traps or privacy violations.
The rotating chairman of the Blockchain Committee of China Communication Industry Association reminded investors that a few frauds wearing the cloak of blockchain will set a very low threshold for users in the early stage, with simple operation and low capital threshold (free). Through the "head-up" reward mode and a lot of publicity, the visibility of the project will be improved. At the beginning, the project party essentially built a multi-level distribution system. In the second stage, the project party announced that the virtual currency can be transferred or traded, and there is the possibility of capital circulation. Therefore, when looking for opportunities to sell virtual currency in large quantities, the risk of investors will greatly increase.
"Lightning protection" method:
1. Beware of risk-free and high-return blockchain projects. The price of encrypted assets rises and falls frequently, and in extreme cases, empty currency may be zero.
Second, avoid projects that are realized through "pulling people's heads" and multi-level rebates. This pyramid scheme is extremely risky.