Share this page!

thebestwallet.eth Profile picture
Twitter logo
Jun 23 • 6 tweets • 4 min read
NOW LIVE!

Introducing ClearSign: a game-changing tool to make #Web3 more secure.

#ClearSign = Web3’s FireWall 🔥🚫

theblock.co/post/153520/cr…

Learn how and why

🧵 1/6 👇
2/6
#NFTs and #crypto are stolen from users through misleading transactions/smart contracts set up by scammers.

This is unacceptable.

#ClearSign gives your wallet the ability to show transactions in human-readable text, which allows users to read a transaction's true intent.
3/6
#ClearSign also blocks specific types of scam transactions from ever popping up in in your wallet.

Like a firewall!

Further shielding #Web3 users from accidentally approving transactions with hackers and malicious actors.
4/6
We are so excited that @Collab_Land_ is already supporting #ClearSign transactions!
5/6
When using the real @tokenproof, you will see a verified message letting you know it's legit 👌
6/6
We are committed to making Web3 more safe & secure for EVERYONE. We hope this will give users more peace of mind when navigating #web3!

#Dapps: DM us to learn more about the ZenGo ClearSign integration - let’s make web3 safer, together!

zengo.com/introducing-cl…

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with thebestwallet.eth

thebestwallet.eth Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @ZenGo

thebestwallet.eth Profile picture
May 12
According to Coinbase: Users *could* lose their #crypto holdings on the exchange if it files for bankruptcy.

Source: businessinsider.com/coinbase-warni…

But it’s more nuanced than that.

Now is the time to explain a *CRITICAL* difference between #exchanges & #crypto wallets

🧵1/7
2/7 #Crypto exchanges operate similar to traditional banks.

Exchanges hold your assets for you, and make it easy to swap between the traditional fiat financial system (like $USD) and the world of crypto (like #Bitcoin).
3/7 Because of the way they are structured, #crypto exchanges have custody of your funds, and transactions with them are off-chain, controlled & recorded by them.

If they are “closed” (downed servers or closed on weekends/holidays), they can limit access to your funds.
Read 7 tweets
thebestwallet.eth Profile picture
May 11
It’s been a challenging time in the #crypto market - especially for the #Terra $LUNA ecosystem and $UST stablecoin.

Here’s a thread about what’s going on 🧵 1/16

⬇️
2/16 $UST @terra_money is the US dollar #stablecoin in the Terra Luna ecosystem.

The goal of any stablecoin is to achieve price stability – whether the coin is pegged to the US dollar, Euro, or Korean Won, what you see is (ideally) what you get: A stable, dollar-like currency.
3/16 One of the most important questions is HOW a stablecoin remains stable: How the stablecoin is collateralized, or how the coin is backed.

There are 3 main ways, and #Terra $LUNA is an algorithmic-backed type.

Learn more about stablecoins here:
Read 16 tweets
thebestwallet.eth Profile picture
Jul 2, 2020
🚨 Imagine receiving $100.

You think you received the funds, but they never really arrived, and the worst is yet to come.

Today, we introduce #BigSpender: a vulnerability in some of #Bitcoin ’s most popular wallets, allowing attackers to double (and multiple) spend.
🔓 #BigSpender attacks:

1. Double-spend: Canceled tx still appears in the victim’s wallet

2. Amplification attack: Attackers can repeat the above attack to artificially turn $10 to $1000

3. DoS: When trying to “send all”, the transaction fails
Watch full demonstrations of #BigSpender’s double-spend, amplification, and DoS attacks on the vulnerable wallets 👇

zengo.com/bigspender-dou…
Read 9 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(