There's some small errors there, though the general content is good:
They are mostly
Lithium Ion (Li-on). There are several different chemistries of Li-on. Lithium Polymer (Lipo) are the soft package ones like radio controlled people use.
Protected cells (PCB) are not
critical to have, but the requirement for knowing how to handle over and under charge fall completely to the user without them. In general a PCB cell will be safer than a non-PCB cell. Be aware that not all PCB protected cells are 'safe'. Just like there are junk Li-on cells there are cells with junk PCB on them.
The Anatomy of a Protected LiIon Battery
The Hoverboards probably had junk cells, junk charging circuits, and junk protection circuits.Hard to tell for sure what was bad.
Discharging a Li-on to 3.0v (single cell) will not automatically turn it into a bomb. They are far more robust than that, assuming it is a decent cell in the first place. In fact most PCB protected cells have a cut-off somewhere in the 2.5-2.8v range. I don't recommend you discharge your cells that low as it does do some harm, which accumulates over time.
My recommendation is to not take them below 3.2v, and not store them for prolonged periods at full charge. Store at cool temperatures. Damage also occurs when the temp gets over 140*F (storage in a hot car, charging with a bad charger with poor air circulation).
Great article on over discharge - worth reading:
How far can LiIon be discharged?
As bergersau states, when using a lithium powered device, as soon as the device shows a distinct power drop cease use immediately. This is even more important if the device has multiple cells as there is always a 'weak' cell and the others may support the device function but that weak cell may get seriously over discharged. This is where PCB protected cells are very useful.
DO NOT BUY ULTRAFIRE BATTERIES OR PRODUCTS, NO MATTER HOW CHEAP !!!!!