You should move this thread to
Altcoin Discussion.All this time I know Ethereum is a coin that has many advantages and many people are looking for it to exchange tokens, but I don't know that Eth has some problems and that makes Ethereum worthless.
It also has a lot of disadvantages where scammers can use it to create their coin and start their own ICO. Collect millions of dollars and later will just dump the coin they created through ETH.
This is definitely right. Eth management should work on restriction on some people who can only used the smart contract. What I mean is they should have requirements for those who want to use their product since some abuse it by scmimg people. There's a lot of ICO that has been using the eth platform and 30% of it only are legit projects. Mostly are scammers who are indeed good in acting since they prepare very well all the necessary info to make their project sounds legit. Especially the selfdrop projects which is arising now. Lots of pump and dump shitcoin are being traded without any good product launch or working one. I hate this kind of introduction pf a project cause its purely trading profits only. The purpose of crypto is being neglected by this stuff.