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BigVGuy.degen 🐘🚀🌝🎩
@bigvguy
It's interesting to see that @coinbase is on the top 5 list, would love to know whether the newly launched @coinbasewallet(smart wallet) has any security features in place to save us the users like @rjs who got scammed recently from unnecessary loss? https://cointelegraph.com/news/tether-ceo-warns-crypto-airdrop-scam
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Jeff Lunglhofer
@jefflunglhofer
That is not to suggest that our Smart Wallets are in any way more / less secure than our stand alone wallet product. I keep my "pocket change" there because it's CRAZY easy to transact with it, so I'm a bit looser in how I operate. e.g. if I'm going to get popped, it's likely going to be there.
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Jeff Lunglhofer
@jefflunglhofer
All that said - I encourage everyone to practice good wallet hygiene. My approach is: 1) I use a hardware wallet to hold the assets I REALLY care about. 2) I use Coinbase Wallet (chrome extension) to hold enough assets to satisfy my inner degen. 3) I use a Smart Wallet for my pocket change.
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Jeff Lunglhofer
@jefflunglhofer
One of the better features is our integration with https://www.blockaid.io/. Smart wallets are fully integrated, offering phishing and other protections to Smart Wallet users.
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Jeff Lunglhofer
@jefflunglhofer
Of course, you do have to create a passkey, and not lose it! But it's a much simpler and more streamlined process, making it an attractive option for a lot of current (and potential) crypto users.
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Jeff Lunglhofer
@jefflunglhofer
Great question, and I apologize for taking so long to see this!!! Notification here aren't the best. Frustrating! TL;DR - Coinbase smart wallet users enjoy most of the protections offered to normal Coinbase Wallet users, with the added convenience of not having the manage seed phrases, etc.
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