How to select a crypto currency wallet
Event Time: March 27, 2020 15:00 - April 1, 2020 15:00 (UTC+8)
[Fake Ledger Chrome extensions may have made nearly $2.5 million] previously reported. Harry Denley, director of security for the MyCrypto platform, discovered that a Ledger Live's Chrome extension, which tries to impersonate the real Ledger Live app, gains users Ledger wallet recovery seed. And according to one victim, his XRP was diverted to one that held more than 15.3 million XRP (about $2.5 million) accounts, which may mean that this fake extension has made nearly $2.5 million through disguised scams. Note: Ledger officials have repeatedly warned of the risks associated with this fake extension, saying not to share your wallet recovery seeds with anyone!
In addition, hot wallets (e.g. mobile apps such as Trust Wallet, Coinbase (Wallet) are not widely used to store money, with only one-third of respondents using the
If you are an exchange (such as Coinbase, Kraken or Coin Security), a web wallet service (such as Metamask, MyCrypto or MyTherWallet), mobile wallet services (such as Coinbase wallet, Status.im or Trust wallet) or hardware. user of a wallet (such as Ledger, Trezor, or KeepKey), then you don't have to perform any actions. Unless otherwise notified by the relevant service provider
The product user experience needs to be improved, to use DeFi you have to register first, after registering you have to connect this wallet, you have to install a few more. Apps, the user experience is very cumbersome. And internet people want the user experience to be the best.
Vitalik Buterin, co-founder of ethereum, tweeted that ethereum's two-tier scaling strategy has been 'Basically' successful, all that remains is refinement and deployment. The layer 2 scaling strategy is not limited to Ethernet upgrades, but also includes Zero Knowledge (ZK) implementations, state chains and Plasma scaling solution frameworks, etc. On the deployment side, wallet providers and users will need to select these two-tier solutions to execute their applications. In addition, V God added that the challenge is that users will need to have a wallet so that they can use Rollup or The Plasma framework stores cryptocurrencies, which is an application challenge, not a technical one. In addition, wallet providers and Rollup (or Plasma) frameworks must ensure in their initial design that the two-tier chain of Security.Buterin believes that if the correct design is carried out in the two-tier chain, it should be possible to ensure that in the event of problems Fast rollback. In addition to the two-tier solution, Ethereum 2.0 will also add "slicing" functionality
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Coinbase, a digital currency exchange based in San Francisco, California, USA, is 37 years old. Brian Armstrong, founder of Coinbase, has just made a fortune of $7 billion. Hurun Global Rich List. In addition to the United States, Coinbase has offices in the United Kingdom, Ireland and Japan. Recently, Coinbase showed how the company will respond to a possible outbreak in a published document
The Trazor hardware wallet currently supports BTC, BCH, LTC, ETH, ZEC, DASH, ETC,... BTG has 8 currencies, with relatively few supported currencies