/biz/ - Business & Finance

>>55527831
You are retarded Jeet

>>55527831
Privacy cannot be overestimated

>>55527946
Hack kept happening so what's the privacy about

>>55528128
Normies are already losing huge amount of money via hack. What's the whole point?

>>55528340
I understand your concern, but it's important to remember that security measures in the crypto space are constantly improving

>>55528383
SEC are shitting on everyone. Light your cigar and move on bros

>>55528606
Fuck anon, It doesn't diminish the potential and benefits that cryptocurrencies offer in terms of financial inclusion and decentralized transactions. Grow up anon.

>>55528606
This is just the beginning. So, sit your fuckn ass down and enjoy it while it lasts.

>>55528725
This concern has persistently plagued us since last year, and it continues to weigh heavily. The pressure has escalated, compelling us to reconsider the imminent move despite the overwhelming interest expressed by prominent financial institutions filing for a spot in the ETF market.

>>55528383
Improving? and no stop to hack in the crypto? You fuck'n' kidding.

>>55529077
Data breach is f***king becoming the order of the day, Faggot. I'll liked to define my own flexible security rules.

>>55529077
An area that I believe requires significant improvement is bridges dApp. In the past, we have witnessed multiple instances of security breaches within this sector, which highlights the need for enhanced security and privacy measures.
For the wallet, I think we need that as well. Atomic wallet hack and ledger recover features actually highlight the need for security and privacy in this area.

>>55529046
The concern we address the elephant in the room, hacks, security, and privacy. We need some rock-solid, foolproof solutions up in here.

>>55529077
The use of Nexera ID makes it more interesting anon. Go research how this work.

>>55529339
This is very essential. I seem not to understand, while many often see this as an oversight. While dApps offer exciting possibilities, it's important to remain vigilant and informed about the security measures and best practices to mitigate risks and ensure a safe and secure experience within decentralized eco.

>>55529384
There is no doubt. Let me ask this: Between EOAs and smart contracts acct type of wallet, which offers the best security model and privacy?

>>55529468
Afaik, Eoas have their short coming. But I think a smart contracts wallet that use a self-custody smart wallets with SSI offers something special security wise.

>>55529406
Perhaps it's because It has compliance and asset recovery capabilities, Fag.

>>55529546
They give power back to Anons to recover their account if they f***ing lose the keys, Pajeet. I'm tired of f***king remembering random phrases.

>>55529377
CCIP solves the bridge problem

>>55529438
Based fag, I got enough of centralized solutions that steal my data and privacy.

>>55529624
The basis is to keep track of users in a safe and personalized way.
>>55529660
But is there any backup plans in place?

>>55529660
You're right oldfag. Being able to manage all your funds with a sovereign ID is next level innovation.

>>55529793
The platform that promotes social login and includes identity and asset recovery apparatus is my go to, Pajeet.

>>55529954
Fag, I prefer a secure wallet that employs compliance solutions like the NexeraID or PolygonID, among others.

>>55529546
EOAS doesn't provides a solution for users to recover their accounts in case of a key loss, Anon.

>>55529468
Unlike first gen wallets, smart contract solution like BrillionFi allows Normies to freeze compromised accounts.

>>55530041
Based chad, I read that Brillion is building a wallet with the former. Definitely anticipating.

>>55529339
Zuck and his meta company literally lives and feeds off users data
apart from copying other companies they also sell users data
Anyone using their recent thread app is surely retarded

>>55530244
So what happens after you freeze them? Can you recover your funds?

>>55530342
Lizard boy
The fight between him and Elon should happen and anyone who looses will deactivate their app

>>55530342
If you're still using facebook or any of it's messenger app in 2023 then you got yourself to blame
open source alternatives like twitter, status, telegram and sylo exist for a reason

>>55530013
If they could just amp up their security game, ensure safekeeping, and have a solid recovery plan in place, count me in

>>55530482
Why will normal person use those for asset security in the first place? Coinbase wallet, Exodus, and argent are the ones I'm sure of the security model utilizes, and BrillionFi
smart wallet self-custody plus it use SSI.

>>55527831
Why does every bobo on here talk about privacy like they have some deep dark CIA secrets that should never get out

>>55530482
You might be right about the others but twitter? since when did it become open source anon?

>>55530709
Says someone who subscribes for OF and sends dick pics
Imagine that goes out

>>55530709
This confirms it that they're only few intelligent lifeform on biz

>>55530705
I find the fact that what Brillionfi is building would create recovery options for users and they'd access flexible control through its ID system.

>>55530705
Sylo makes the list too, smart wallet with self custody and decentralized comms
your assets as well as data are stored safely

>>55527831
Monero offers you both

>>55530829
I'm sure you're not one of them

>>55527831
I take privacy and security serious this is one of the reason I'm sticking with CryptMI app in respect of crypto payment.

>>55530482
Stopped using Fb a long time ago
apart from it's privacy issues, It's now filled with retired old folks who are looking for some excitement in their lives and teenagers who don't know anything yet

>>55531390
What's the connection between privacy and crypto payments?

>>55530817
Men who pay for nudes must be down really bad

>>55527831
Both aspects are crucial in this space, in my honest opinion. I stake some of my long-term hodls like RIDE, which gets me a sweet 12% APR. It's been my lifeline during this dip. And when it comes to security, I rely on a fucking ledger to keep my assets safe.

>>55530448
I'm team Elon

>>55530482
Open source and dapps are the future, they'll change a lot or things and the big tech apps won't like it

>>55530434
It only makes sense that after recovery of the compromised account, the assets would be unfrozen and returned to the users custody in the smart wallet.

>>55531548
Project founders and trying to solve problems that doesn't exist

>>55530720
There's something called google and you should learn to use it

>>55527946
Security and privacy should never be underestimated, unless you're one of those normies. It's what drives my involvement in cryptocurrencies, especially with projects like Sylo that prioritize data security and privacy. I'm still holding out for the bull run because I'm in it for the long game.

>>55531376
Monero is a based privacy network anon. I'd take security higher by utilizing a private wallet as well.

>>55529339
Switching to self-custody of assets and using private wallets would go a long way in helping remedy this.

>>55530286
I've been keeping tabs on it. I also participated in its testnet to qualify for airdrops.

>>55529546
The shortcoming I see with this does not defeat the fact that it isn't important. One major concern is that losing or compromising the private key can lead to permanent loss of access to the account and associated assets. If not for negligence, why would one lose the private key?

>>55530244
But I think this is possible with other abstraction account types. I've never experienced such an ugly incident, so I can't say much.

>>55530195
More reason why I'm anticipating what NexeraID is building for users.

>>55529675
No chainlink boboso here. They are known for spamming threads with their shitposting. So stop any effort to do that.

>>55529701
Then deal with self-custody wallets that maintain high privacy and security, with seamless transition and usability as their core focus between the two worlds.