Vitalik Buterin
@vitalik.eth
"The highest risk retail see is losing funds" From live EDCON broadcast https://www.youtube.com/live/7dPKrzSVUTs Big appreciation to all working on wallet security, account abstraction, dapp security, anti-fraud, etc The real alpha is not in getting 8% APR instead of 5% APR, it's making sure you don't get -100% APR.
19 replies
250 recasts
1230 reactions
jp 🎩
@jpfraneto.eth
i lost 18k usd this year for sending them to a wrong wallet, and with that money I would live a comfortable life for 2 years with my family in chile this thing is still the wild west imho, and im not sure if ready for people that don’t comprehend that those things can happen
4 replies
0 recast
26 reactions
Vitalik Buterin
@vitalik.eth
Really sorry to hear that! Any chance you could share how specifically you ended up putting in the wrong address? Would be a good data point to help wallet designers design to avoid such situations in the future.
1 reply
0 recast
12 reactions
Ramsey 🎩🤝
@ramsey
Dude. Always a test tx first. But yeah, most people are not ready for this kind of thing. Ens and mobile phone connected wallets might help though (im the future). 100 $DEGEN
1 reply
0 recast
0 reaction
Felirami 🎩🍖
@felirami.eth
chuta jp wn, yo igual he perdido mas plata q la chucha :(
0 reply
0 recast
0 reaction
Jilt 🎩
@jilt
You know I met this very smart young guy that built a smart contract for this use case, the sm asks the sender to verify the address after the transaction is sent to it, if the sender approves the transaction gets finalized, let me know if you guys are interested, I can link GitHub repo
0 reply
0 recast
0 reaction
