walletbeat

New wallet attribute: 🚨 𝗦𝗰𝗮𝗺 𝗽𝗿𝗲𝘃𝗲𝗻𝘁𝗶𝗼𝗻

Uncontroversial statement: Lots of scams in crypto! Wallets should help you stay safe.

Walletbeat now checks whether a wallet warns about scam apps or contracts or when sending funds to unknown recipients.

Raising the bar.

Payments-focused wallets such as @daimo don't support making arbitrary contract interactions.

So they are only assessed based on whether they provide adequate warning when:
- Sending funds to an address you haven't sent funds to before
- Sending funds to an address not on your address book

One Click Crypto. Any chain, any coin, any wallet → instant action. Grantee @ethereum, @optimism

Contributor @ /walletbeat.

Censorship resistance requires privacy.

Wallets that support arbitrary contract interactions should also:
- Check if the contract was only recently deployed onchain
- Check if you have previously interacted with this contract
- Check the contract address against a list of known-bad contracts
- Check if the app's URL is on a list of known-bad URLs

Ethereum

You use Chrome. Imagine for a moment that Chrome sent 𝙚𝙫𝙚𝙧𝙮 𝙐𝙍𝙇 𝙮𝙤𝙪 𝙫𝙞𝙨𝙞𝙩𝙚𝙙 to Google.

That would be outrageous, right?

web3 is about doing better than this.

Well, what if your wallet did the very same thing? 👇

Of course, such features must preserve user privacy.

Per my previous thread on the subject, some wallets do great on this, others not so much.

Those who would give up essential privacy, to purchase a little temporary safety, deserve neither privacy nor safety.

Special shout-out to @metamask here.

MetaMask doesn't just implement such features in a privacy-preserving way, but also makes their repository of known scams open-source so that all wallets can benefit!

Special shout-out to @metamask here.

MetaMask doesn't just implement such features in a privacy-preserving way, but also makes their repository of known scams open-source so that all wallets can benefit!
https://x.com/0xSuperKalo/status/1898057329863492022

Of course, such features must preserve user privacy.

Per my previous thread on the subject, some wallets do great on this, others not so much.

Those who would give up essential privacy, to purchase a little temporary safety, deserve neither privacy nor safety.

https://warpcast.com/polymutex.eth/0x728e408b