Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO ✅] MyShield 🔰 Decentralized Anti-Scam Platform 🔰
by
MyShield
on 20/08/2018, 20:04:01 UTC
Hi Admin! Are users required to deposit MyShield tokens to prevent spam in the reporting process?

Hi ford543! Yes, that's correct.  It's the same as the HashCash model, where user put in a stake as proof of work.  This is our security control, to prevent spam reports from abusive users. Once the report is proven true (via the consensus process), the deposit will be returned back to the user and he will be eligible to the bounty reward that will be distributed in relation to that reported scam.