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RE: What is POWH3D (proof of weak hands)?
If you actually look on their website they said that their project is made possible by bitconnect amongst other scams. This is a scam.
If you actually look on their website they said that their project is made possible by bitconnect amongst other scams. This is a scam.
You must be reading a fake website. This project has nothing to do with bitconnect and is totally decentralized, so how is a scam when everything is on the blockchain and there is no humans involved in managing the ethereum.
As you said POWH3D is pyramid scheme. A pyramid scheme is a scam. Also if you go the the website all the way on the bottom it says made possible by "bitconneee." on top of that they have a section that is labeled memes per hour. Surely your not taking these guys serious are you?
It is a legit pyramid scheme. You know your risks, it is transparent scheme, made on Ethereum contract, fully decentralized. It is made possible by many others as well as "bitconneee". Have a look at the same place where you saw "bitconneee", you will find there also Monero, Theter, Ripple and many others. So, yes I am taking this guys seriously.