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Just change the domain capitalization and issuing account? #108

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CryptoHobbyist opened this issue Aug 12, 2022 · 1 comment
Open

Just change the domain capitalization and issuing account? #108

CryptoHobbyist opened this issue Aug 12, 2022 · 1 comment

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@CryptoHobbyist
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Am I seeing this correct that now you can mint tokens with the same ticker and domain, you just need to change the capitalization in part of the domain. I've quite often seen capitalization used to disguised the domain name. But you can have 2 EXIMBANK (actually eximbank) tokens with the same domains but with different capitalizations
EXlM-BANK.gold (exlm-bank.gold) and EXlM-Bank.gold (exlm-bank.gold)

EXIMBANK (actually eximbank)
EXlM-BANK.gold (exlm-bank.gold)
https://stellar.expert/explorer/public/asset/EXIMBANK-GBV677OKU4OM3YXEBKHEPA673PAHHUCLTDAI45XMIS67EQPL5WKRSVHE

EXIMBANK (actually eximbank)
EXlM-Bank.gold (exlm-bank.gold)
https://stellar.expert/explorer/public/asset/EXIMBANK-GDYQFMJ6EQNTVUCTJFWXXN4IBHBLUBB7VA5DLUKIJRFBK4HLHLM5CXI

001 screenshot
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@CryptoHobbyist
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I understand that all that matters is the ticker sysbol and issuing account address.

Sadly for some DEVs they believe fixing that in coding is considered centralization and believe the best way to handel it is to let outside legal athorities deal with the problem.

In our state the athorities will shut down nusence bars/establishments that they have had to go to repeatedly or are reported for having repeated illegal activity on their premises. The owner loses a great business since they basically sat and did nothing to stop problems from their end.

I just ran across the same serial minter and was suprised about them using the exact same ticker and domain and just changing the capitalization of the domain. Is there anything/code that they are bypassing by changing the capitalization of the domain, or could they just as well just use the same name and same domain with the same capitalzation?

I was suprized one was not EXIMBANK -- eXLM-Bank.gold, maybe if I checked, it is now a thing.

I guess it is a cheaper way to make a lot of "Noise" "fake" tokens without buying more domains. Some of the scammers make their "real" tokens AND they also make the "noise" tokens so they can say "look how great our project is, there are already 4 copycats in just a couple of hours or days."

Most of the standard scams now a days just have a "coming soon" page and make their own scam "Noise" copycat tokens just point to that. They also seem to have a minimal TOML file so they can have an Icon but no descrition or the usual fake contact email. I'm sure they believe that then is harder to prove to hosting companies that they are illegally using the names, brands, and logos of other entities. But then they cant resist using the logo and name for some of their tokens, I would guess these are ones they haven't received cease and desist letters from.

I don't which is sadder, the unaware mark being scammed, The scammer finding all the logical flaws, or the coders who could not develope a system and forsee methods scammers would use. The latter I call "coder tunnel vision" working in a back rubbing happy confortable safe DEV echo chamber. Trying to make code "User Proof" is a best practice coding thing.

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