Just saw news that yet another cross-chain bridge has something go wrong, and my heart skipped a beat. To be honest, what I fear most isn’t losing money—it’s losing control. If assets are on-chain and the funds are gone, you can still earn them back; but if your account suddenly gets emptied, that sense of helplessness is even harder to bear than the loss itself.



I personally use a hardware wallet right now, mainly because my holdings aren’t that big and the operations are straightforward. But lately, after the “wait for confirmation” consensus that follows abnormal oracle pricing, I’ve started rethinking: if my assets were a bit more, should I switch to multi-signature or social recovery?

Multi-sig sounds safer, but every time you make a transfer you have to gather everyone, which is a hassle. Social recovery is more flexible, but then you have to find people to act as “guardians,” and you worry they may not be reliable. Anyway, for now I’ll keep using a hardware wallet. I’ll decide later when liquidity migrates to a larger scale. What about you—how do you choose your wallet?
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
  • Pinned