What are Ethereum counterfeit coins (based on Ethereum counterfeit coins)

What are Ethereum counterfeit coins (based on Ethereum counterfeit coins)

What are Ethereum counterfeit coins? According to newsbtc, what are Ethereum counterfeit coins? The market value of Ethereum tokens is no different from that of Bitcoin. There are two main types: the ERC20 token (ETH). Exchange ERC-20 tokens through transactions; The second is the inter token transfer between ERC-721 and ERC1155 tokens. According to the introduction, these tokens are automatically executed by smart contracts on the blockchain network. And these tokens are decentralized digital currencies that can be freely transferred or stored as value. Therefore, Ethereum is also considered one of the most popular encryption assets

Ethereum based counterfeit coins

According to Etherscan data, there are nearly 900 Ethereum based counterfeit coins. In the past 24 hours, only 10% of these Cryptocurrency were issued based on the Ethereum blockchain In addition, since 2017, various counterfeit coins have a common feature: they are completely decentralized. Although many tokens are believed to be created and run on the Bitcoin network, others have expressed support for them. Cointelgraph

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