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Author Topic: What to look for when verifying an address isn't a scam?  (Read 135 times)
AshCoins
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July 18, 2017, 03:52:13 PM
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A few people posted in the Coindash announcement thread that if investors had used Etherscan on the address, they would have noticed something was wrong.  Would someone please explain what investors should be looking for to verify an address?  I would have replied in the Coindash thread but it's a total shit show over there.  Thanks

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Ayers
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July 18, 2017, 04:14:28 PM
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if you mean signed address you must see if they are veryfied with the client, you can see if the signed message is the one that signed the address to, you can check with the ETH client like with bitcoin core, perhpas they are talking about a different way fo veryfying address? dunno in this case
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July 18, 2017, 04:50:49 PM
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A few people posted in the Coindash announcement thread that if investors had used Etherscan on the address, they would have noticed something was wrong.  Would someone please explain what investors should be looking for to verify an address?  I would have replied in the Coindash thread but it's a total shit show over there.  Thanks
Well if I am not mistaken, most ICO's work with smart contracts, that determine what you get back in tokens, see Pillar for example
https://etherscan.io/address/0xe3818504c1B32bF1557b16C238B2E01Fd3149C17
See the tabs that say Contact Source/Read Smart Contract?
However on the FAKE HACKED CoinDash address, you can see there is no such thing as a contract:
https://etherscan.io/address/0x6a164122d5cf7c840d26e829b46dcc4ed6c0ae48
 
Now I am not saying that if there is a tab, it is safe, a scammer can still put a fake contract in there, but in this case I would have stayed away from 'randomly' sending funds to an address.
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