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Blockchain Explorer | How To Determine If A Cryptocurrency Is Real

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https://www.freecryptominicourse.com | Use the link to the left to learn how and why bitcoin & cryptocurrency are changing the world and how you can massively profit from them. Check out the Blockchain Explorer to determine if the coin you are researching is a real cryptocurrency with a 'public ledger' blockchain behind it by using the following link: https://chainz.cryptoid.info/ In this video I explain how you can use a certain website to gain access to the 'Blockchain Explorer' and determine if a coin you are researching is actually a real cryptocurrency. If you are looking into putting money into a coin, you should determine that it has a public ledger blockchain first, because if it doesn't, it is not a real and you will want to stay very far away from it! It pays to to do your due diligence before getting involved with any cryptocurrency. Do your research! To read the full blog post about using the Blockchain Explorer to determine if a cryptocurrency is real, use the following link: https://www.whatisacryptocurrency.com/blockchain-explorer For more information, news and education on cryptocurrency visit: https://www.whatisacryptocurrency.com You can also read my blog post 'What Is A Cryptocurrency' for further insight into the history of crypto and where it's going with the second generation technology: https://www.meetcalebwright.com/cryptocurrency/what-is-cryptocurrency/ I wrote a follow up blog post here as well: http://www.meetcalebwright.com/cryptocurrency/what-is-a-cryptocurrency/ Have questions about Cryptocurrency? Wonder how you can start profiting with it and set yourself up to become one of the next cryptocurrency millionaires like many of us already are? I'd be happy to talk to you about that and answer your questions! Video Transcript: The Blockchain Explorer. This is the de facto way to determine if a coin that you are looking at is actually a real cryptocurrency. Caleb Wright here with What Is A Cryptocurrency dot com. And today I have decided to shoot a little video to help all of you out there who are researching the cryptocurrency industry, and to give you a tip that will keep you safe with how that you use your money when you decide to put it into a cryptocurrency coin. Make sure that your coin, or the coin that you are looking at and considering getting involved with is actually a real cryptocurrency that has a blockchain behind it. Because there are actually a bunch of companies out there who are promoting coins that they are actually distributing completely in house, which is illegal with the Securities and Exchanges Commission. And they seem to completely miss the point that a cryptocurrency is not just a digital currency, it's not just a digital unit. It has to have a blockchain technology behind it. Which is a public ledger which is accessible via the internet, by the public, hence the 'public ledger' name. And you can basically have access to all of the wallets and all the transactions that have happened within the blockchain of that cryptocurrency. So basically if a digital currency does not have a blockchain, it is not a cryptocurrency and you want to stay very far away from putting money into it until they actually get a cryptocurrency blockchain behind it and get it onto the publicly traded exchanges. So there is a website here that you can visit, it's called http://chainz.cryptoid.info that's c h a i n z dot c r y p t o i d dot info. And this website gives you access to the blockchain explorer of all the cryptocurrencies that are legit that are out there. As you can see we have a few of the popular coins right here at the top of the list. Litecoin and Capricoin and Rubycoin for example. And so you can also filter the list using this search bar up here, you can type in a specific coin that you are looking for, so you don't have to browse through this very long list of coins. Okay, then you can quickly determine if the coin you are looking at is real. Now to show you how you can navigate through this, and like I was telling you before how you can see any wallet that is in the blockchain and the transactions that have been made with these wallets. All you have to do is click on the coin. So I'm going to click Capricoin right here... (I couldn't fit the whole transcript, so please watch the video for the rest!) https://youtu.be/LnIytbmVOFY
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Text Comments (8)
thank you very much for the usefull information bro
Happy to provide the helpful Blockchain Explorer info, thank you for your feedback my friend!
Themba Malinga (2 years ago)
Thanks alot dude I nearly got scammed.Through your video I just found out that pipcion does not exist. I was just about to put in money into it.thanks a lot.
Themba Malinga (2 years ago)
May God blass u
+Themba Malinga No problem Themba! There is loads of opportunity to make money in the cryptocurrency industry, but there are also many scam coins out there, so it's good to research and verify that coins are real and have solid development behind them. Best of luck to you my friend, and thank you for enjoying our #blockchainexplorer video!
Mahesh Nachnani (3 years ago)
Excellent
Themba Malinga (2 years ago)
May God glass u
Sandra Peters (3 years ago)
Really good information, I'll use it.

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