Post
Topic
Board Altcoin Discussion
Re: Fake Tokens
by
savetheFORUM
on 01/10/2021, 15:29:09 UTC
Let's assume i have created a game, and then created ERC tokens (Example swords) so the player must buy a token to be able to play the game.
What if someone creates similar tokens in his wallet and injects them into my game as if they are bought from my tokens store Huh
I'm not an expert regarding the coding of smart contracts but to create a faked tokens base on the original name and Ticker is possible, but let us accept the fact that both tokens have run on different smart contacts that's why its not possible to bind them together and run both in one platform
Even you are expert but still you are not aware with this it's not possible to create fake tokens because if you are doing all things properly, and you are good at programming then no one can do this all. I am not expert, but I feel that never have any duplicate ticker because you need something difference, even just a smart word or anything.

Every ERC token is working with his own smart contract, so if someone tries to take control, then you will identify this all very quickly.