What is Taicoin (is Taicoin real)

What is Taicoin

What is Taicoin Taicoin is a typical representative in the blockchain field. It provides financial support for blockchain projects by issuing tokens, distributing tokens, and circulating tokens, thereby achieving the sharing and flow of blockchain value In the blockchain world, “Token” refers to the unit code or symbol of a digital currency controlled and maintained by a specific organization. These ‘tokens’ can be used for any purpose, such as transaction fees, transfer amounts, platform governance rights, etc. However, applications developed on Ethereum based on smart contract protocol, such as ERC20 token on Bitcoin network, can be used to create other types of tokens (such as French currency), such as Stablecoin, synthetic assets, etc

Is it true

HashKeyToken is a blockchain based Cryptocurrency, similar to Bitcoin. After being exposed with serious network security vulnerabilities on May 13, 2018, people began to question whether this project was a scam. The official website of Taiji Coin shows that relevant information has been released, calling it “Taiji” It is reported that since April this year, there have been media reports on the Taiji coin. Some speculate that the coin is a token issued by a large fund in China, or by a South Korean company called Bitcoin Group. However, it has not received any official recognition yet, and some claim that the company has issued a digital asset exchange. (Cointelgraph)

Regarding this, Zhang Lei, founder of Taiji Coin, said: It is regrettable that when a project appears, it is not as lively and dazzling as it is now, because it is just a joke. If it really succeeds, it is equivalent to becoming a gambling game

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