/biz/ - Business & Finance

>>52404876
Events like this demonstrates why it's better to trade on decentralized exchanges, especially the ones that supports privacy.

>>52391262
Regardless, it's better to be in full control over your keys and identities. Weigh the risks

>>51547774
When it comes to financial privacy, it becomes more of a concern. The risks in having an insecure financial statements are just too much. This is why you will never see traditional banks releasing the financial statement of anyone without their consent

>>51386779
It is, but depends on what you're staking. There are many factors to consider; risks particularly. For example, despite the level of controversies with liquidity mining pools, I've seen quite a few such as ORE/ETH LP with decent APYs and relatively minimal risks.

>>51369712
Best thing is to stay away from bridges. Makes a lot of sense why some multi-chain composable protocols such as Railgun decides against the use of bridges in design.

>>51318466
Indeed. I guess everyone has a choice whether they intend to keep the details of their transactions secured or not

>>51223933
>Risks
>Censorship
>Targeted attacks
>Theft
>Compromised security
Definitely not safe trading without maintaining a private wallet/balance

>>51141265
>Rights, identity, privacy, security seems to be the keywords in major crypto trends these days
Based

>>51067824
Risk management is fucking underrated. Users need to understanding that being in full control of their assets, identities and rights on various on-chain applications should not be an option. Big ups to ORE network and account protocols that are making usability and control easy.

>>51024044
Buy it, but don't forget to shield your transactions or balance while doing so. You can get fucked very fast

>>50971279
>Not the first, IMO
Security boils down to control on individual levels. Control over assets and identities is the first

>>50959444
Peer to Peer. The risk is fucking crazy

>>50928303
An advice for you, anon. It can get crazy overtime when managing all your identities across different blockchains. You should think about ID management protocols. That's probably the first precaution to take in preventing the many risks when investing

>>50883425
Want to talk about security? then you should start thinking about protocols easing up authorization process and providing users with the utility to manage their assets through a secure identity. Many times, that's the security gap that most users get exploited through

>>50902358
Monero is a privacy coin. More like ZCash. Generally, I'm not a fan of mixers. Relayers in smart contract protocols are considered to be more secure and efficient.

>>50845043
>Why is L2 privacy necessarily insufficient.
I have more confidence in L1 privacy protocols., especially when it comes to on-chain privacy

>>50835886
Fucking risky! The road to safety is having a single sign-in solutions for cross-chain interoperability.

>>50716034
Railgun > Aztec

>>50009370
They say it is one for the future.

>>50011262
Bitcoin is based but there are a whole lot of gems to pay attention to IMO

>>49905752
What are you doing then.

>>49735171
Who the hell buy any shit with the way things are currently. I'd rather take the low risk turn and diversify stable coins in yield farming spools.

>>49631736
Quite strange that no one is talking about yield farming with stable coins. Seems to be the best strategy considering the current state of things. Although there is the part where the risks has to be weighed but there is another intelligence, Spool, that is offering users the option to manage that risk through diversification as far as I know

>>49358597
The only way out of this bear market is the yield strategies on Spool. Hard to think of any better than getting a steady returns on stable coins with almost no risk