MetaMask blocked the most popular dApp. What's wrong?

Date:

2018-10-01 18:30:06

Views:

3622

Rating:

1Like 0Dislike

Share:

MetaMask blocked the most popular dApp. What's wrong? Source:

One of the most popular interfaces to access the Ethereum wallet, MetaMask, blocked 333ETH. This is the most visited decentralized application (dApp) according to the site DappRadar. About the situation says .

In the opinion of management MetaMask, the app is a fraudulent scheme and a classic Ponzi scheme. Such actions of the company caused outrage among Twitter consultant and cryptocurrency expert Chris Blessitt — he blamed the wallet in censorship and attempts to affect the freedom of action of users.

the

the danger of dApp?

In response to MetaMask stated that he is not trying to censor but only to protect customers from probable threats. However, the company added that it will conduct with their employees advice about avoiding such situations in the future. The platform also adds the ability to choose whether or not to work with each specific decentralized application or not.

Possibly adopted by the company security measures are quite justified, and she was just trying to protect their users. But the point of cryptocurrencies is that their users can freely decide how to use their money — regardless of whether good or no this or that project.

This is not the first dApp, which is a threat not only to community network, but also for the project itself. Previously decentralized Fomo3D app, which the developers decided to play on the greed of the users, 180 thousand coins.

The Game is a kind of lottery every day it shapes the jackpot for the user who places the last bid. With each new bid the counter is reset to zero.

The Problem was that at the peak of popularity game counter would be reset too often — approximately every 10 minutes. This could cause in the hands of developers would have the vast majority of coins and they could influence the course of bitcoin. However, in August the first round of the game , and the winner has hit the jackpot in the amount of $ 2.9 million. After that, the popularity Fomo3D decreased.

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

New miner: Japanese GMO released software for production zcash for (ZEC)

New miner: Japanese GMO released software for production zcash for (ZEC)

the Japanese tech giant GMO released software for mining coins zcash for based on the algorithm Equihash. About it writes . Download and install software called is free, however the company intends to charge a fee of 2 percent on ...

What is the first DApp on the blockchain Tron and when it will work?

What is the first DApp on the blockchain Tron and when it will work?

Time decentralized applications based on Tron officially began with the integration of the Tron Virtual Machine, which took place on 30 August. To the full beginning of the first DApps have to wait for October 8 — TVM then activat...

Bitcoin will grow in the end of 2018. This is for two reasons

Bitcoin will grow in the end of 2018. This is for two reasons

throughout 2018 Bitcoin fell more often than ROS. The first cryptocurrency was on the first level of support to 10 thousand dollars, and then gradually decreased to 8, 7 and 6 thousand dollars. At the beginning of the year, the he...

Goodbye, Fiat: purse Wallet Samourai refused to display the balance in dollars

Goodbye, Fiat: purse Wallet Samourai refused to display the balance in dollars

the developers of the Samourai purse Wallet, which allows users to conduct private transactions, has released a new version of the application. In it, the company no longer reflect the balance in dollars, which now account holders...

Two Americans stole $ 14 million in the crypt. They were arrested two days later

Two Americans stole $ 14 million in the crypt. They were arrested two days later

Police in Oklahoma have arrested a 23-year-old Fletcher Robert Childers and 21-year-old Joseph Harris on suspicion of stealing $ 14 million in the cryptocurrency. The crooks stole a billion coins a little-known Aldona Crowd Machin...

Betrayal: how IRS collaborates with Analytics companies

Betrayal: how IRS collaborates with Analytics companies

According to the research firm Chainanalysis, 36 percent of all bitcoins are lost or not produced. While 22 percent of coins are held by traders, while 30 percent are in the wallets of investors. it is Noteworthy that the services...

CRYPTOMACH / Top undervalued violas, a flop bet in a million, ETH for $ 1,900 and a secret drain first BTC

CRYPTOMACH / Top undervalued violas, a flop bet in a million, ETH for $ 1,900 and a secret drain first BTC

Today is the last day of September, so we can safely sum up one-third of the fall. But before you say goodbye to the outgoing week, what traditions will help Cryptomach. In the news today remember the growth forecast of the domina...

Cryptodira: how to travel around the world with a single bitcoin in your pocket

Cryptodira: how to travel around the world with a single bitcoin in your pocket

a Blogger named Rafael used only one , to visit 18 countries in the period from September 2017 to the present day. During his travels, Rafael met with John McAfee and acne Butterini, took 28 interview other celebrities, and met co...

How many millions of dollars laundered criminals using cryptocurrency? The response of journalists

How many millions of dollars laundered criminals using cryptocurrency? The response of journalists

More than 46 kryptomere around the world involved in the laundering of $ 88 million over the past two years. To such conclusion experts of the Wall Street Journal after examining the transactions over 2,500 purses that were involv...

The Ethereum is in the process of accumulation. When the growth?

The Ethereum is in the process of accumulation. When the growth?

the Price of Ethereum holds above $ 225. Cryptocurrency is gradually increasing, even in relation to Bitcoin. the Overall situation looks like this: the the support level of $ 225 is a good «protection» long positions, ...

Golden time: Hublot has released a limited edition watch in honor of the decade Bitcoin

Golden time: Hublot has released a limited edition watch in honor of the decade Bitcoin

Swiss watch brand Hublot has announced the release of a new watch called the Big Bang Blockchain. The launch of the model marks a decade since the creation of Bitcoin. Limited edition of 210 hours will only be sold for the cryptoc...

Analyze charts: when you start to grow NEO?

Analyze charts: when you start to grow NEO?

Over the last few days the price of NEO has varied by only a few percent. At the moment, bitcoin is trading at $ 19. the Overall situation looks like this: the the coin found support at the .618 Fibonacci level; the resistance le...

Premature failure: users Pornhub estimated payments in the cryptocurrency

Premature failure: users Pornhub estimated payments in the cryptocurrency

One of the main world streaming porn, Ponhub, reported on the results of the implementation of the functions of the subscription premium version of your website using the cryptocurrency. The results are disappointing — only 1 perc...

Waited for: Opera browser supports Ethereum and decentralized applications

Waited for: Opera browser supports Ethereum and decentralized applications

the Norwegian company Opera Software, the developer of the eponymous browser, has added to the desktop version of Web 3.0, Ethereum-wallet function and its integration with the decentralized application (dApp). This writes with re...

Chapter Binance: bulls can return to the Bitcoin market at any time

Chapter Binance: bulls can return to the Bitcoin market at any time

the growth of the market is inevitable — most likely, the course of the first cryptocurrencies will go up in October-December, when the market usually possess a bullish sentiment. This was stated by Director General cryptocurrency...

Greetings from 2017: three evidence that Ethereum will grow

Greetings from 2017: three evidence that Ethereum will grow

History on the stock market rarely, but still sometimes repeated. In light of the recent recovery of Ethereum after falling to a yearly low of the phrase «coin has found its bottom» doesn't seem so meaningless. In techni...

Analyze graphics: when Bitcoin will come out of the stage of accumulation?

Analyze graphics: when Bitcoin will come out of the stage of accumulation?

can be very sensitive to any news that concern financial regulators. This week, the cryptocurrency has gained a few percent to the cost, but it is still in a sideways motion. Traders still await the release of the side channel to...

The mysterious draining of the Bitcoin miners secretly sold their coins

The mysterious draining of the Bitcoin miners secretly sold their coins

Over the past two years, one of the early miners of Bitcoin, whose name is unknown, sold 30 thousand coins. This is stated in the report, an analyst Antoine De Calvez. Its content results . Unknown miner sell their coins in the pe...