Important Tools in Defi Part 2
Focus ; Wallet Security in Web3
The downside of being your bank and banker (holding your crypto in your wallet) is that the security of your assets lies in your hands.
What I am about to say is already very common but I will re-iterate — do not for any reason share your 12-word key phrase or private key with anyone, project or whatsoever.
Now in the world of crypto we rely on codes to operate, and from a non-technical eyes — a computer wiz/programmer/hacker could use a million ways to gain access of your wallet — through links, official project domains (ledger — a hardware wallet supposedly more secure than trust wallet was once hacked and millions lost funds), social engineering — but these tools I am about to share in this thread can help mitigate a large percentage of these security loopholes / Concerns.
Tool 1 — https://t.co/IhtdJIOc4D
https://t.co/IhtdJIOc4D is a dashboard and browser extension that lets you inspect all the “approvals” (token/NFT permissions) your wallet has granted across many EVM chains
Now to cut the long story short — I use https://t.co/zgWb5TWjb9 intermittently to ensure every permission, every link I have granted access to spend a certain cryptocurrency is revoked, MANY hacks/drains in this space are as a result of unrevoked links.
I will drop a video representation on how it works soon, for those who’ll be too lazy to check it out on their own, lol, but on a more serious note check it out if you can.
Tool 2 — Web 3 Antivirus
This is a browser extension designed specifically for the Web3 / crypto-wallet world. It adds an extra security layer by analysing what you’re about to sign, what you connect, and what permissions you grant. For example:
It scans for 60+ types of scams (honeypots, wallet-drainers, poisoning attacks, fake tokens) before you sign anything.
It monitors and flags high-risk approvals (i.e., tokens or contracts that can heavily access your wallet) so you can revoke them.
It warns you if you’re navigating a phishing site, or entering a contract that looks suspicious.
It doesn’t ask for your seed phrase or private key — it gives you information so you can decide.
Tool 3 — Multi-Signature Wallets (e.g., Safe or Gnosis Safe)
A multi-signature wallet like Safe (formerly Gnosis Safe) lets you create wallets that require multiple approvals (like 2-of-3 keys) before any transaction goes through, so even if one key gets compromised, your funds stay locked down unless the other owners sign off.
This wallet model protects the user as it spreads the Cyber Security related risks to multiple points and — no single point of failure like with a regular hot wallet. You can set it up on EVM chains and it integrates with MetaMask
It’s free to set up (but gas fees apply).
Lfg 0G's
More thread and video tutorials soon
Stay jiggy!
Everybody ought to know how to produce their own food.
That's real value!
Every home in a modern society ought to own a farm; it's a no-brainer for survival.
Food is our primary energy source, while water and clean air are essential for survival.
AI only needs metal and electrical signals (it's already self reliant and intelligent), which could be sourced from the sun to thrive; think about it.
If a time comes when we have but ourselves to thrive against a possible adversary, we would definitely lose with the present state of things.
Funny how Confidence sometimes could be an act, like stage play, some seemingly confident people sometimes feel like disappearing into the ground but understand that life is a game of perception and people only judge what they see on the outward, nobody can really see your thoughts.
So even when they feel off, they understand enough to act the part, only your thoughts make you feel less confident, only your thoughts, nothing else if you observe closely
Make this make sense -
Elon musk sues open AI for being profit oriented and collaborating with investor companies, while xai who pioneers grok is profit oriented also, raised billions from investors, lol
https://t.co/4Efj4Yv3IZ
🚨🇺🇸ELON AND OPENAI SET FOR HIGH-SPEED LEGAL SHOWDOWN
They have agreed to expedite their lawsuit, with a trial set for this autumn.
Elon, who co-founded OpenAI, says the company abandoned its nonprofit mission in favor of corporate greed.
The case could shape the future of AI, as OpenAI’s shift to a for-profit model is tied to billions in funding.
Source: Reuters
Could also be AI taking over as the supreme intelligence on earth, the identity of a thinking man is solely tied to his job, how he views his contributions to the ecosystem in general.
Most of what I see is a future where humans are like wild animals and a few select are representatives of AGI interest.
The real fall of man, but don't worry y'all...
I'll take y'all to heaven
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Only if you follow me on X 😂😂😂😂😂
What OTC means ;
Over-the-counter (OTC) derivatives are private, customizable financial contracts negotiated directly between two parties (counterparties) rather than through a centralized exchange. They are essential for tailored risk management (hedging), such as swaps, forwards, and exotic options, but carry higher counterparty credit risk and lower transparency compared to listed derivatives