What is the purpose of developing counterfeit coins
According to LongHash, recently Kevin Lin, the founder of Chain Capital, a blockchain project, accepted an article in The Wall Street Journal. The article said: “I think the technical developers mentioned in this analysis report are very interested in counterfeit coins.” He said, for example, that the Ethereum team has been looking for new uses for their Cryptocurrency “DApp”, such as Decentralized Exchange (DEX). But these are all aimed at attracting new users and products to enter the market. What does the purpose of developing counterfeit coins mean? In English, “DAPPs” means allowing people to create a brand new, application based application. If we use it as software or games, it can be called Dapp In fact, the reason why developers want to develop some counterfeit coins is to make money, mainly because they hope to improve their efficiency through various means. For example, developing smart contracts for Bitcoin networks and even launching tokens for ICO can increase their revenue, so many developers aim to turn this field into an emerging industry.
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