3 ms·
Not really, because if you just hook into bitcoin as your foundational layer, it's much harder to premine and then pump and dump your new cryptocurrency on the
by anonporridge 5y ago
Not really, because if you just hook into bitcoin as your foundational layer, it's much harder to premine and then pump and dump your new cryptocurrency on the uninformed masses and become a billionaire off a whitepaper and a github prototype.
Also, more legit projects actually DO use bitcoin as it's base layer. See Microsoft's ION project, the bitcoin lighting network (just rolled out in CashApp), and the upcoming RGB protocol.