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55287497 No.55287497 [Reply] [Original]

Those centralized exchanges can screw us over any damn time.

>It's time to wake the hell up and take control of your own shit. Look at what the SEC is doing, ruining everything in sight. It's better to be safe than sorry.

>> No.55287634

I'm using my ledger. The safest.

>> No.55287756

>>55287497
that's a man

>> No.55288001

>>55287634
WTF

>> No.55288411

>>55287634
There's an issue on that lately

>> No.55288799

>>55287756
What do you think?

>> No.55288919

>>55287497
is binance safe?

>> No.55289141

>>55287634
You are not safe anon

>> No.55289156

>>55289141
so what is the safest? nothing in this world is safe

>> No.55289664

>>55289156
What do you think?

>> No.55289692

>>55289156
BTC is safe, Anon. NexeraID is one of the safest protocol out there, Fag.

>> No.55289786

>>55288411
get real, nothing will happen to your funds on a ledger

>> No.55289948

>>55289786
Faggot, the poorfag will only become real when he has something on the ground that will solve the fundamental crypto issue of wallet and security.

>> No.55289989

>>55289156
Probably you've not herad of Decentralized and user centric SSI ID wallet. Have you?

>> No.55290014
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55290014

>>55289948
Wallet hacks is on the rise, and it's getting wild out there. Ronin Network, Wintermute, Atomic Wallet—you name it, they've all fallen victim to those sneaky hackers. So wtf are you saying.

>> No.55290033

>>55290014
There is nothing secure.

>> No.55290038
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55290038

>>55290014
Something based on self-custody, self sovereign-identity, and security will be exceptional for an oldfag like me.

>> No.55290231

>>55290033
Hey anon, let me spill some tea about security! The Nexera ID Wallet SDKs are kicking security threats to the curb with their smart capabilities. Your assets will be safer than a rare Pepe meme locked in a vault.

>> No.55290249

>>55290038
Based anon In crypto majority act before they think then wonder why they fall for hackers

>> No.55290354

>>55290249
The big question that often pops up is, "Why is this always common on crypto rather than a centralized system?" I think the optimum level of security is far fetch, and privacy is sh*t. There is nothing as secure and private as a privacy-oriented project. When compliance becomes the norm, everything becomes wacky.

>> No.55290414

>>55290231
For the first time, anon speaks coherently on biz. NexeraID is a flexible tool with a plethora of recovery techniques

>> No.55290505

>>55290231
There is some level of misconception that doesn't feel right when it comes to privacy in SSI.

I think the issuer and verifier in this approach of incorporating a compliance self-custody wallet can bypass some level of privacy by making it open to some group of selected individuals.

>> No.55290641

>>55290505
Self-custody is where it's at! Trusting those CEXs with our hard-earned assets? Nah, that's a recipe for disaster. We ain't got no peace of mind with that shit. It's all about taking control, man. Keep your assets in your own hands, brrr-ing that security.

>> No.55290830

>>55290505
Fag, I primarily used Trust Wallet and I'm f**king sick of it. It's a no-brainer for normie like myself to seek out what would give me full control over my assets and identity.

>> No.55290912
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55290912

>>55290354
let's not forget that innovation and progress always come with a few bumps in the road. And hey, when it comes to security and privacy, there's nothing like a rock-solid privacy-oriented project to give you that peace of mind.

>> No.55290958

>>55290414
Yo, bro, I feel you on the wallet security struggle! It's like trying to crack a secret code to access your precious crypto stash. But hey, it's all about that extra layer of authentication and recovery

>> No.55291012

>>55290505
Balancing privacy and compliance is no easy feat, it's all about finding that spot where you can have protection. Remember,We're living in a world where secrets are hard to keep

>> No.55291138

>>55290354
But believe me or not anon, user-friendly platforms do have their appeal, and it's understandable why people lean towards centralized exchanges despite the risks. We can't blame them for wanting a seamless and convenient experience. After all, not everyone is a crypto expert or tech-savvy, and they just want a platform that's easy to use, even if it means sacrificing some control over their assets.

>> No.55291234

>>55287497
There's no use storing your long term assets on centralized exchanges anon cause you could get locked out. Self-custody is the ideal choice and a few like Trezor, Wasabi and Brillion are top on my list.

>> No.55291251

>>55290641
Trustwallet is among the top reliable wallets, along with Exodus, argent, Coinbase, and a few others. Why are you sick of it?


Or could it be that you're considering using a hardware wallet like Ledger, which I'd always consider sh*t? The recovery feature is completely useless and a breach of privacy.

>> No.55291273

>>55290830
This >>55291251

>> No.55291353

>>55290641
>elf-custody is where it's at! Trusting those CEXs with our hard-earned assets?


I don't.

This fact is why cold wallets have gained rapid adoption and more popularity after the implosion of FTX, which was a large centralized crypto exchange that collapsed in November 2022, went bankrupt, and reported an alleged hack that left many users’ digital assets frozen or gone.
My major concern is that aside from on-boarding simplicity and control of identity and data, what other benefits are there from the use of SSI?

>> No.55291720
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55291720

>>55291234
Don't mention Trezor here anon. Remember once you miss your secret recovery phrase you can restore your funds on a new device. That's shit

>> No.55291873

>>55290958
With smart wallet that uses advanced asset recovery techniques enabled by AllianceBlock, poorfags will no longer be able sneak peek into my assets.

>> No.55291911
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55291911

>>55291273
Perhaps the newfag need a solution with cutting-edge features and innovations such as self, custody, sovereign identity, and privacy.

>> No.55292025
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55292025

>>55290641
I've had enough of centralized solutions that compromise my data and privacy.

>> No.55292112
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55292112

>>55291234
It sucks big time when you find out your damn assets are frozen and you can't even withdraw them. It's like a punch in the gut. The news just dropped that the SEC's order to freeze Binance's US trading platform assets got declined. What the actual fudge is going on with the SEC?Something's fishy as hell.

>> No.55292207

>>55290912
>let's not forget that innovation and progress always come with a few bumps in the road


Does that mean Web3 users are likely to suffer for such a bump, which, in other words, I'd call negligence? Take a look at a few hacks on Bridge, wallet, and many others that keep happening year in and year out, and yet the developers are yet to spot the cause. At this point, I don't think self-custody wallets are ready for mass adoption.

>> No.55292396

>>55291873
Gated access is key anon. Being able to manage your wallet assets with a unique ID and top tier security is a need for every chad in the space.

>> No.55292430

>>55287634
gr8b8m8

>> No.55292770

>>55291012
It is not.
If you understand my point on this, you'll understand that this has its own limitations. The limitation is that it focuses on social logins that depend on centralized hierarchies. This, in addition to other reasons, is why PGP never became broadly adopted then.

Except the DID utilized is secure.

>> No.55292931
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55292931

>>55292207
Web3 users need to up their game or they'd keep losing their assets anon. More reason why I prioritize self sovereign-identity and non custodial storage options for asset security.

>> No.55293100

>>55292112
SEC is idiot

>> No.55293235

>>55290830
If you're fucking sick with trustwallet, you can try the sylo wallet, the team has a strong focus on privacy and provide an end to end encryption for all transactions, making it difficult for hackers to access user information.

>> No.55293493

>>55293100
Damn, they're really dragging their feet on this one. I don't get why it's taking them freakin' four months to get back to Coinbase. Like, why can't they respond right away when they're the ones wrecking the exchange in the first place?

>> No.55293514

>>55293235
Bright

>> No.55293764

>>55293493
Garbage and ignore them

>> No.55294054

>>55289692
Based anon. I find its partnership with Brillion innovative for giving users a unique access model to their assets alongside security.

>> No.55294171

>>55293764
Yeah, that's the best way. While there may be bumps along the way, the underlying potential of crypto and blockchain technology remains strong. It has the power to revolutionize various sectors, enhance financial inclusion.
>>55294054
I think people will find this out but the choice of wallet ultimately depends on what individuals are looking for and what they want to achieve.

>> No.55294210

>>55292430
What?

>> No.55294811

>>55291911
These are key criteria we all need, not just newbies. Aside from these major features, what should be looked at is its simplicity and the chains that it's compatible with. This is one of the factors impeding mass adoption.

>> No.55294885
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55294885

>>55293493
It could be that there is no valid claim to stand on as a wrecking ball to destroy the exchange. I'm glad Coinbase made their intentions known to them that they're not delisting any project flagged as security by those brainless pajeet.

>> No.55295465

>>55294885
The SEC is really making their presence felt, but sometimes it feels like they're more of a hindrance than a help. We're all eagerly waiting to see how things play out once the counts are over and they finally share their thoughts on the matter. I mean, come on, the suspense is killing us.

>> No.55296258

>>55294171
I think every user would prioritize security in their wallets and easy bridging across chains which makes this a perfect fit.

>> No.55296347
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55296347

>>55291353
So, SSI brings some cool benefits to the table. It's all about trust, interoperability, and being user-centric. With that, you can trust that your identity info is legit and can't be messed with. That wont end there anon.

>> No.55296441

>>55296258
But why hacks are increasing?

>> No.55296580

>>55290912
I bet his bussy smells delicious.

>> No.55296788

>>55296258
That's the goal.
>>55296441
Hackers are always finding ways and blockchain security is a shared responsibility. Developers, users, and the community must collaborate to identify and mitigate risks. Audits, code reviews, bug bounties, and adherence to standards help minimize security incidents. Takes some time for real mass adoption.

>> No.55296802

>>55296580
Lol . What are you talking?

>> No.55297721

>>55287497
Damn right, bruv! This shit is a serious problem, and that's why I'm going all-in on decentralization. I'm a huge supporter of what Sylo is building, especially alongside the futureverse. Creating an open metaverse that's not some damn walled garden is a game-changer with privacy focused ecosystem amongst other things. The days of centralized authorities are fucking numbered chad.

>> No.55297730

>>55287634
nice. the safest offline hardware wallet!

(I sold btw)

>> No.55297748

>>55296441
Private key compromise was what I had to face, dark times.

>> No.55297911

Hp

>> No.55297967

>>55287497
I've got railway wallet, anon. top-notch privacy, rock-solid security, and ultimate user-friendliness

>> No.55297974
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55297974

>>55288919
The only thing safe is your non custodian wallet, I hate all CEX and that's why I will rather use xMoney for payment than Binance pay

>> No.55298146

>>55288411
Shit's getting real scary, man, which is exactly why I've shifted the majority of my tokens to my Sylo smart wallet. It's about damn time to go all-in on decentralization, if you ask me. Too much regulation has never been the solution, for fuck's sake. This whole situation is a goddamn mess.

>> No.55298328

>>55296441
Hacks have been tied to centralized platforms and that's why users need to adopt self custody. The other cause is users giving away their pass phrase for different tricks from these faggots, good thing the NexeraID is bringing a self-sovereign identity feature for private wallets.

>> No.55298400

>>55288919
id say binance coin is still decentralized and many people hold it, but the exchange itself is on fire.

>> No.55298446

>>55288919
Funds have been safu so far bizfags but for how long really? I for one would save myself the hassle and hold my Btc in private wallets like Secret and Brillion.

>> No.55298607
File: 65 KB, 660x574, 1672837914874047.png [View same] [iqdb] [saucenao] [google]
55298607

>>55297974
So xMoney supports all wallet types

>> No.55299219

>>55294054
I tried the testnet for it and it ticked all the boxes on my checklist for a full proof security system. Definitely anticipating.

>> No.55299553

Fffffuckkk

>> No.55300596

>>55299553
What's wrong with ya?

>> No.55301287

>>55298400
LFG anon

>> No.55301868

>>55297911
What's hp?

>> No.55302544

>>55295465
Anons must step up their game or risk losing their assets indefinitely. Another reason I favor self-sovereignty and non-custodial asset storage options for preserving assets.

>> No.55302580

>>55294171
I like to be on a platform that uses nexeraid protocols to provide me with self-custody, self-identity, and security.

>> No.55302750

>>55291251
What is the point of holding assets when anons eagle eyeing at my wallet? Wake me up when the billionfi smart wallet is unveiled. This is what degens like me have been waiting for.

>> No.55302768

>>55302580

>> No.55303343

>>55287497
Only neets and bitches do that. My UTK is being stored and saved in xExchange

>> No.55303929

>>55303343
A dex?

>> No.55304537

>>55290014
Just use a normal wallet, what the fuck.

>> No.55305252
File: 6 KB, 250x250, 1678690596978161s.jpg [View same] [iqdb] [saucenao] [google]
55305252

>>55303929
I think that's a Dex owned by Multiversx

>> No.55305358

>>55305252
Aw. I haven't explored. I'll check

>> No.55305643

>>55287497
I ain't trying any of them again. I recently got a bag of QANx from pancakeswap

>> No.55306990

>>55299553
LFG!

>> No.55307176

>>55305643
Bsc gem?

>> No.55307255

>>55287497
kek; I don't even use wallets that don't give me the option of hiding me address. That's how much I value privacy and anonymity

>> No.55307415
File: 6 KB, 227x222, 1679608276128274s.jpg [View same] [iqdb] [saucenao] [google]
55307415

>>55307176
That's a layer 1 gem and not some fucking Bsc gem

>> No.55307835

>>55287497
What about an ebroker like robinhood or etoro? Safer than any wallet, not based in the U.S(etoro) and it's not like the U.S will fuck with them.