What is Bitcoin QR Code (Bitcoin Scan scam)
What is the Bitcoin qr code? According to the latest data from Coinmarketcap, the market value of Bitcoin is currently approximately $5.28 billion. Bitcoin qr code is a blockchain technology solution first proposed by cryptologist, software developer and security company PruVitjakumar in 2011
In the first branch of Bitcoin – Proof of work (PoW), block size and timestamp are used. Therefore, it can be used to determine the status of a specific transaction. The second block has the same timestamp and timestamp to ensure that data is not lost. So what is the Bitcoin QR code? How does it work? Simply put, it is to use an encryption algorithm to represent whether a digital asset has been validated, in order to obtain the relationship between its original state and other information. This method can prevent forgery or tampering, and since the algorithm is not recorded in the network, the authenticity of this information cannot be guaranteed. However, if there are any errors, it can also solve this problem
Bitcoin scanning scam
According to Bitcoin exchange guide, there have been two recent cases of using Bitcoin for fraud. The scam requires users to send emails to the website claiming they are from an online advertising company in order to see their phone number and Google verification code when browsing. It is reported that these false accounts will transfer Cryptocurrency from one account to another, so that they can obtain a considerable return on investment. Fraudsters use this method to convince victims that they have a certain digital asset and promise to receive a “gift”.
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