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Risk Warnings & Security

Overview​

Circle Layer Blockchain is committed to providing a secure development and testing environment. Users and developers must be aware of important security considerations and risks when participating in our ecosystem.

General Risk Warnings​

Free Participation Environment​

  • No Charges: All users and developers can participate in the current test environment and subsequent development stages completely FREE OF CHARGE
  • No Payment Required: There are NO CHARGING SCENARIOS in the test environment
  • Scam Alert: Be extremely cautious of anyone requesting payment for testnet access or features

Test Environment vs Mainnet​

Critical Distinctions​

Users MUST understand and distinguish between different network environments:

EnvironmentPurposeAsset ValueRisk Level
TestnetDevelopment & TestingNO VALUELow
MainnetProductionREAL VALUEHigh

Testnet Warnings​

  • No Asset Value: Assets generated in the test environment have NO ECONOMIC VALUE
  • Testing Only: Testnet tokens are for development and testing purposes only
  • No Trading Value: Testnet CLAYER tokens cannot be traded or exchanged for real value
  • Reset Possibility: Testnet data may be reset during development

Mainnet Precautions​

  • Real Assets: Mainnet will involve real economic value and risk
  • Irreversible Transactions: Mainnet transactions cannot be reversed
  • Security Critical: Proper security practices are essential
  • Financial Risk: Real financial loss is possible on mainnet

Fraud Prevention​

Counterfeit Currency Fraud​

⚠️ CRITICAL WARNING: Protect yourself from counterfeit currency scams:

  • Testnet Tokens Have No Value: Any attempt to sell or trade testnet CLAYER is fraudulent
  • Fake Token Sales: Beware of scammers selling "early access" or "pre-sale" tokens
  • Impersonation Scams: Scammers may impersonate team members or create fake platforms
  • Verify Authenticity: Only use official Circle Layer platforms and communication channels

Official Channel Verification​

Circle Layer ONLY announces official information through verified channels:

Official Communication Channels​

  • Official Website: circlelayer.com
  • Official Documentation: This documentation site
  • Official Social Media: Verified accounts only
  • Official Email: @circlelayer.com domain only

Red Flags - Unofficial/Fraudulent​

  • Unofficial Websites: Similar-looking but different domain names
  • Unverified Social Media: Accounts without official verification
  • Email Scams: Emails from non-@circlelayer.com addresses
  • Social Media Scams: Unverified community channels and impersonators

Website Security​

Official Website Protection​

  • Correct Domain: Always verify you're on circlelayer.com
  • HTTPS Security: Ensure connection is secure (https://)
  • Bookmark Official Site: Avoid typing URLs manually
  • Double-Check URLs: Be vigilant about similar-looking domains

Common Phishing Tactics​

  • Domain Spoofing: circlelayer.io, circle-layer.com, circlelayer.net
  • Subdomain Attacks: fake.circlelayer.com-scam.com
  • URL Shorteners: Links that hide the real destination
  • Urgent Messages: Fake urgent security warnings or deadlines

Private Key Security​

Private Key Protection​

🔐 NEVER SHARE YOUR PRIVATE KEYS

  • Never Share: Private keys should NEVER be shared with anyone
  • Team Never Asks: Circle Layer team will NEVER ask for private keys
  • Secure Storage: Use hardware wallets or secure storage solutions
  • Backup Safely: Keep secure, offline backups of your keys

Phishing Protection​

Common private key phishing attempts:

  • Fake Support: Impersonators claiming to provide "support"
  • Urgent Warnings: Fake security alerts requesting key verification
  • Prize Scams: Claims you've won something requiring key access
  • Migration Scams: Fake token migration or upgrade processes

Wallet Security Best Practices​

  • Official Wallets Only: Use only verified wallet applications
  • Secure Networks: Never enter keys on public WiFi
  • Screen Recording: Be aware of screen recording malware
  • Browser Security: Use secure, updated browsers

Investment & Financial Warnings​

No Investment Advice​

  • Not Financial Advice: Circle Layer documentation provides technical information only
  • DYOR: Always do your own research before any financial decisions
  • Regulatory Compliance: Ensure compliance with local regulations
  • Risk Assessment: Understand and assess your personal risk tolerance

Development Stage Risks​

  • Early Development: Circle Layer is in active development
  • Technical Risks: Software bugs and vulnerabilities possible
  • Network Changes: Protocol may change during development
  • No Guarantees: No guarantees about future performance or value

Compliance & Reporting​

Integrity Standards​

Circle Layer maintains the highest standards of business conduct:

  • Fair Practices: Open, transparent, and fair resource allocation
  • Evaluation Criteria: All support policies have clear, public criteria
  • On-chain Transparency: Open and transparent on-chain data
  • Community-First: Developer and community interests prioritized

Reporting Security Issues​

If you encounter suspicious activity or security concerns:

Report To​

  • Security Issues: admin@circlelayer.com
  • Provide Details: Include as much detail as possible
  • Contact Information: Provide your contact details for follow-up
  • Confidentiality: All reports handled with strict confidentiality

What To Report​

  • Questionable Behavior: Suspicious or unethical conduct
  • Security Vulnerabilities: Technical security issues
  • Fraud Attempts: Scams or fraudulent activity
  • Impersonation: Fake accounts or websites

Response Process​

  • High Priority: All valid reports receive immediate attention
  • Investigation: Thorough investigation following applicable laws
  • Privacy Protection: Reporter privacy protection within legal limits
  • Top Management: Direct reporting to senior leadership
  • Legal Action: Circle Layer reserves right to pursue legal action against fraud

Development Safety Guidelines​

Safe Development Practices​

  • Testnet First: Always test on testnet before mainnet
  • Code Reviews: Implement thorough code review processes
  • Security Audits: Conduct security audits for production code
  • Incremental Deployment: Deploy features incrementally

Smart Contract Security​

  • Audit Requirements: Require audits for mainnet contracts
  • Testing Coverage: Implement comprehensive test coverage
  • Upgrade Mechanisms: Plan for secure contract upgrades
  • Emergency Procedures: Implement emergency pause mechanisms

Community Guidelines​

Communication Ethics​

  • Respectful Interaction: Maintain respectful community discourse
  • Accurate Information: Share only verified, accurate information
  • No Financial Advice: Avoid providing financial advice to others
  • Report Suspicious Activity: Help protect the community by reporting issues

Educational Responsibility​

  • Stay Informed: Keep up with official announcements and updates
  • Verify Information: Cross-check information with official sources
  • Share Knowledge: Help educate other community members safely
  • Continuous Learning: Stay updated on security best practices

Limitation of Liability​

  • Use at Own Risk: Users participate at their own risk
  • No Warranties: No guarantees about software performance
  • Loss Prevention: Users responsible for their own asset security
  • Legal Compliance: Users must comply with applicable laws

Regulatory Considerations​

  • Local Laws: Comply with local cryptocurrency regulations
  • Tax Obligations: Understand and fulfill tax obligations
  • AML/KYC: Comply with anti-money laundering requirements where applicable
  • Legal Advice: Consult legal professionals for complex questions

Remember: When in doubt, always verify through official channels and prioritize security over convenience. The Circle Layer team will never ask for private keys, passwords, or request payment for testnet access.