Since Twitter Won’t Stop Crypto Scammers, These Services Will
HomeCryptocurrency NewsCryptocurrencies Latest News

Since Twitter Won’t Stop Crypto Scammers, These Services Will

One of the most maddening things about lookalike Twitter scammers has been Twitter’s unwillingness to do anything about them. It’s not a co...

One of the most maddening things about lookalike Twitter scammers has been Twitter’s unwillingness to do anything about them. It’s not a complex problem to solve, and yet for months the micro-blogging service has prevaricated while the gullible public has given their ether away to flagrant scammers. A couple of third party services have now sprung up promising to solve the problem. If Twitter can’t stop crypto scammers, they will.

Also read: Bitcoin Funded Silk Road Performance Earns a Residency at Trafalgar Studios

Developers Are Taking Matters Into Their Own Hands

Crypto scams have been plaguing Twitter all year. They usually involve the scammer mimicking the account of a crypto influencer and then replying to their tweets promising free ETH for anyone who sends a small amount initially. Why any benefactor should require cryptocurrency in order to send out more cryptocurrency to the donor is a mystery, but the nonsensical nature of the scam hasn’t prevented naive Twitter users from being defrauded of cryptocurrency.

Since Twitter Won’t Stop Crypto Scammers, These Services Will

Metacert Protocol and Scam Clerk are two recently launched services that promise to weed out scammers and make Twitter a better place for everyone. The former of these two solutions – Metacert – is a general anti-fraud project that’s making the leap to blockchain. Its Twitter scammer software is still in beta, but appears to be effective at warning the followers of a high profile account that the reply they’re viewing is that of a copycat and not the original poster. The tool then blocks the scam account. Metacert’s Cryptonite tool (not to be confused with the hashing algorithm of the same name) also alerts crypto holders to phishing websites via a green shield symbol that appears in the toolbar.

Scam Clerk Goes to Town on Twitter Impersonators

Scam Clerk, another new tool to have launched, bills itself as being “like a virus scan for Twitter”. It features a dashboard that reveals how many impersonators it has blocked, and retains a SCUM (Scam Clerk Universal Master) list of all Twitter scammers, not just impersonators. Thanks to the likes of Scam Clerk and the developing Metacert Protocol, clamping down on Twitter scammers is getting easier. In truth though, it shouldn’t fall to third party developers to conceive such solutions: this ought to be the job of Twitter, as it’s the reputation of their service that scammers are ruining.

Since Twitter Won’t Stop Crypto Scammers, These Services Will

For all his bullishness on bitcoin, Twitter CEO Jack Dorsey has been slow to act on crypto scammers. Even those who believe that scam victims deserve everything they get would agree that scammers spoil the discourse on crypto Twitter. Due to the prevalence of impostor accounts, which fill the replies to tweets with their incessant spam, Twitter is no longer suited to cryptocurrency discourse. If the bear market can’t kill off Twitter’s crypto scammers, perhaps third party solutions can.

Why do you think Twitter hasn’t bothered to stamp out scammers? Let us know in the comments section below.


Images courtesy of Shutterstock, and Twitter.


Disclaimer: Bitcoin.com does not endorse nor support this product/service.

Readers should do their own due diligence before taking any actions related to the mentioned company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

The post Since Twitter Won’t Stop Crypto Scammers, These Services Will appeared first on Bitcoin News.



from Bitcoin News https://ift.tt/2In5sY9
Name

Bitcoin News,5117,Bitcoinist.com,4741,Cryptocurrencies,4741,Cryptocurrencies Latest News,5117,Cryptocurrency Latest News,4741,Cryptocurrency News,9858,
ltr
item
Cryptocurrency Latest News: Since Twitter Won’t Stop Crypto Scammers, These Services Will
Since Twitter Won’t Stop Crypto Scammers, These Services Will
https://news.bitcoin.com/wp-content/uploads/2018/06/twitter-crypto-scam-768x768.jpg
Cryptocurrency Latest News
http://cryptocurrencylatest.blogspot.com/2018/06/since-twitter-wont-stop-crypto-scammers.html
http://cryptocurrencylatest.blogspot.com/
http://cryptocurrencylatest.blogspot.com/
http://cryptocurrencylatest.blogspot.com/2018/06/since-twitter-wont-stop-crypto-scammers.html
true
1236144943044321696
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy