You are viewing a single comment's thread from:

RE: FailSafe: Ultimate Wallet Firewall

in LeoFinance • last year

Security of crypto assets is a matter of concern now and I feel it's a very good one but In my case, I don't trust Failsafe either😅. Who knows if there are threats in Failsafe?
I always avoid connecting with anything in the case of my main wallet where I store assets for the long term. In fact, I don't connect it for swaps also. I bear the fee of withdrawal and send it to exchanges and then do trade. Maybe I do it too much but I can't take risks in the case of my long-term crypto assets.
Besides, I think we should use a separate wallet for airdrop and it's very necessary.
!PIZZA

Sort:  

Haha, good thinking Inti. I'm also wondering about the system it uses for this:

In the event of unauthorized access to a wallet’s assets, FailSafe rapidly intercepts with a counter-transaction that moves the user's funds to his designated FailSafe Recovery Wallet."

My limited understanding of how things work makes me wonder and think twice about the app. Although the scanning is good. Just entering the address allows us to check the risk exposure that our wallets may have.

And you are right, it is best to use a separate wallet for airdrops.

!PIZZA