Not Just A Ponzi - A Smart Ponzi

Not Just A Ponzi - A Smart Ponzi
Ethereum

The uniqueness of the “smart Ponzi” is its capacity to protect the identity of the initiator but also its ability to persist even after being exposed. Since contracts are unmodifiable and thus unstoppable there is no central authority to terminate the execution of the scheme or force the initiator to refund victims. What's more, the inability to shut it down means victims can be led to believe the scheme will last forever.

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