Solidity developer here (that's the ethereum programming language),
There's like maybe 5-10 max actual solidity engineers in the ethereum token space. The rest are literally copy pasting and changing a couple variables. I shit you not its nearly 100% scams right now.
Don't believe me? Go to any of the solidity development channels and watch how many "developers" join in and go "HEY I JUST SOLD AN ICO TOKEN AND ITS NOW GOT A MARKETCAP OF A QUARTER BILLION HOW DO I MAKE THIS TOKEN DO WHAT I SAID IT WOULD DO"
Trust me, tokens might go up and down but so close to 100% of them are scams that you might as well never touch them. The worst part is the smart contracts can't be changed after they are deployed so the devs who launch these copy pastes can't ever fix them without launching a new token entirely.
Don't believe me? Link me any ETH token's etherscan page and i'll tell you right away if they just copy pasted the ERC20 beginners contract and it's never going to do anything.
>Is heavily modified ERC20 code, with an option to actually upgrade to a new contract with new code when the devs get shit together. Interesting, still copy pasted but they can actually fix it later.
Matthew Rogers
Ethereum is only good for ponzi dapps, you're right.
When VeChain mainnet launches. It's going to flip ETH.
While I do agree with you. The purpose of ERC20 is just to be a token contract. All the other functionality of a project should be done in a modular way.
And while I dont have TRX and I do agree its a scam, the only purpose of their ERC20 is to serve as a placeholder for their shitty java Blockchain.
>Lots of generic bullshit copy pasted like a crowdsale built into the contract, whoop de doo, looks like the only unique feature in there is a burn function where when you send tokens it just burns them off the guy who sent them, or it lets the dev burn tokens off an address they pick.
Read the comments on the contracts and you'll immediately understand that the people who published these contracts don't understand even a tiny bit of solidity.
Hell on three of the contracts i just looked at, the comments have "THIS IS AN ERROR / BUG KNOWN ON GITHUB DO NOT USE" written on a comment for a function they copy pasted.
>it lets the dev burn tokens off an address they pick. Oh wow, the in-wallet token burning FUD was true!
Carson Brown
The req contract is actually horrendous, it's full of literal third world tier typos
>transfer to owner any tokens send by mistake on this contracts
i think they're probably indian
Logan Richardson
I see I get your point. Still there are some very legit projects on ETH with a very high level of programming and Blockchain expertise. I am interested in your analysis what do you look for in these kind of projects? Surely its not only the ERC20 contract right? For instance ZRX maybe just a typical ERC20, but the whole project is done in the exchange and proxy contracts, as well as in tools to supoort a relayer.
Luke Foster
Uh oh. LARPing about chainlink tech won't get you very far here user, you got greedy.
>Kinda cool, looks like the first smart contract that someone's linked in here that's upgradable and actually has development put into it. If the devs deliver might do something neat in the future.
>literally the same fucking code as ZIPT that someone linked earlier with the text changed.
Jaxon Richardson
I cannot express how much confidence this brings me. Thanks user.
Enigma?
Oliver Reyes
Did people really think crypto would be embraced if it couldn't be controlled? All these coin burn and dev wallet control are actually the selling points to the companies that want to work with them. Anything actually decentralized and user is a danger to the system. They want to give the people a blockchain that they can control. Normies will fall for it hard.
That is the dichotomy of investing, invest in an actual good product or invest in the stupidity of the masses...
>Copy pasted contract, little to no development went into this.
Grayson Stewart
Been saying this for over a year and the only replies I get are
>muh fud
Any erc20 token should be considered a poojet scamcoin until completely proven otherwise.
If you want to ironically buy then and cash out at the top, then go for it. Don't be a retard and think any erc20 token is ever going to be anything more a shitcoin.
I'm a little slow onthis, can you explain why the copy pasted rlc contract means they are vapor? How does this stop them from making a working product? They have gotten good attention from industry which i am guessing isnt misplaced
>ERC20 Erc20 was added only for governance and tokens have no real usefulness on the blockchain yet (besides burning) New ercs may add actual utility to tokens tho
At least they're being transparent about the pre-sale buy in price unlike most of these scam tokens
Connor Ortiz
Token contracts are strictly vehicle for investment. People invest in garbage every day. Sure contracts can be improved, but they appear to serve useful
Jason Wood
no it's not, these developers are all REEING on the back end solidity IRC about how they don't know how to fix the token they made.
>Mfw this whole thread was just a big larp to fud link and keep newfags away.
Your doing gods work user.
Owen Baker
>ETH is a bullshit incredibly overpriced bubble tulip level platform only used for scammy ICO, kitties and Ponzi games with no real usecase old news also, this hype market run in December was largely due to shit ERC20 tokens, they're dying so their big daddy ETH will die too >b-but finally, ICOs are mostly paid in ETH, these projects are holding onto millions of ETH which they will dump on the market slowly and suppress the price, kek.
>fuck either i'm getting tired of reading these or this is just the same thing as REQ but with neater code.
Gavin White
What's the problem with using a generic ERC-20 contract? The ICO is just a way to raise money, more often than not it has very little to do with what the token devs actually aim to do. TRX is developping a Java blockchain, why would they need a custom ERC-20 contract for? Same goes for LINK, the tokens just need to be able to moved around, the tech currently under development is mostly off-chain, all that matters is that the token can be moved around.
Logan Wright
OP, do you know of any token contract example where I could send the contract ETH and it would disperse it evenly among all token holders?
Gavin Cook
puny LARPer, LINK is still just a ERC223 token, kek
Jace Green
And wont some of them stay as part of the ethereum chain? BAT for example will always be a token and doesnt need its own blockchain for the project.
Jeremiah Cooper
>contract ERC677 is ERC20 { > function transferAndCall(address to, uint value, >bytes data) returns (bool success);
Joshua Hughes
> contract ERC677Token is ERC677 { It's in their damn contract man, kekekekekekekek?
Aiden Lopez
OP is retarded
Ryan Hughes
defend your scams if you want, if i was going to release a multi million dollar token product i would probably edit the comments to not say
>Zero effort copy paste, you could do this in five minutes or less even if you don't know code.
Lincoln Turner
You don’t need to copy paste bro it’s called fork. Bitcoins forked 18k times what does copy pasta say about some handful of erc contracts. If there are no more than 5 solitidy devs ethereums fucked anyway doesn’t matter how many github comments you surf
Andrew Fisher
You have no idea what the words you just typed mean.
>"uint public constant CHINESE_EXCHANGE_BUYIN = 1087;" >which shit exchange was amb listed on first cuz they got an awful deal.
So what does this mean?
Connor Butler
means whatever the first china exchange to list AMB was got some special buy in price.
Parker Gutierrez
there's too much confusion
Elijah Cook
I know this is unrelated to why you made this thread, but how did you become a solidity developer, what steps can we take besides googling how to write smart contracts to do the same thing? Thank you user
Carter Gray
you're kinda fucked user, there's no developers because it's too hard and you kinda have to be a one-hit wonder and know solidity, c++, javascript, web3 and database management.
Entry bar is stupidly high right now, so most the devs just copy paste because they don't know how to do anything else.
Camden Sanchez
Retard.
Jace Stewart
fuck :(
Justin Peterson
but if 100% are copied from another... then which one was the original?
Daniel Thomas
Read the docs. Walk the examples. Look at source code. Solidity is simple compared to most frame works. You can do it. OP keeps his job by discouraging new devs. This market will not become sophisticated without an army of knowledgeable devs building more advanced frameworks.
Eli Peterson
im just jaded from the lack of innovation in the cryptocurrency space entirely.
99.99% of coins, and 99.99% of tokens are literally never going to go anywhere, and investors have no idea.
Let's be honest here, most of these shitcoins are basically just lottery tickets you throw 20 dollars into and hope it pumps lol. And it's easy to get people "investing" in them because people don't want to miss out on the "next bitcoin". Yeah, it feels like shit to have missed bitcoin but going all in on some useless shitcoin won't change the fact you missed bitcoin :
Aaron Campbell
...
Evan Anderson
And god please no more kitty clones. Your cause is noble. Regardless, In time fools are separated from their money.
Asher Reed
This is bullish for BlockCAT
Angel Scott
As a recent (learning) Solidity dev myself who made an upwork account but hasn’t taken any jobs yet because I feel I’m lacking in the js/webshit background areas and also concerned about what might happen if I just copy/paste ERC20 code and one of my clients wants to do something unique with it and I don’t know how and they decide to blame me........this thread gives me hope. & makes me laugh + cry at the same time.
Thanks OP. Gonna review my upwork invitations tomorrow and BTFO the pajeets while charging 3x what they take.
