Recently, I saw a bunch of people discussing modularization and DA layer narratives again, developers are excitedly hyped, and ordinary users (me) are basically: Huh? So, first clarify how I should store my wallet...



Honestly, it depends on your asset size and how afraid you are of trouble. For a few thousand to around ten thousand, I think don’t make it too complicated, a hardware wallet is enough, the key is not to take photos of your seed phrase, not to go online with it, and not to be overconfident that “I have a good memory.” For larger amounts, starting to worry about slipping up and clicking the wrong link even while sleeping, consider multi-signature wallets, split the keys and store them in different places, have yourself and yourself check each other, it’s troublesome but better than “a twitch of the hand and it’s wiped out.” Social recovery is suitable for those who are afraid of losing their seed phrase and don’t want to be a security guard every day, but you need to choose someone you truly trust as a “guardian,” not someone who drinks a couple of drinks and then spills the password.

My partner is very extreme: they find mobile payments troublesome and still want to help me keep a key... I just said: Forget it, I’d be embarrassed if you really lost it and I had to blame you. In short, don’t pursue the coolest solution; only those that can be maintained long-term are useful. Taking profits and cutting losses is human nature, and so is managing private keys.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin