401–410 of 837 posts
Here's an unrelated but related question: How do you store your wallet / private keys where you would be comfortable storing an amount of money that's important to you? It feels like a bunch of consumer grade options we have are kind of flaky: Flash drives are extremely undependable. I've had a few fail to read after sitting in a closet for a year. SSDs can supposedly have data loss pretty quickly if left unpowered (…
Here's an unrelated but related question: How do you store your wallet / private keys where you would be comfortable storing an amount of money that's important to you? It feels like a bunch of consumer grade options we have are kind of flaky: Flash drives are extremely undependable. I've had a few fail to read after sitting in a closet for a year. SSDs can supposedly have data loss pretty quickly if left unpowered (…
This has the added benefit that you can trivially create offsite backups as well: print or write another copy.
Here's an unrelated but related question: How do you store your wallet / private keys where you would be comfortable storing an amount of money that's important to you? It feels like a bunch of consumer grade options we have are kind of flaky: Flash drives are extremely undependable. I've had a few fail to read after sitting in a closet for a year. SSDs can supposedly have data loss pretty quickly if left unpowered (…
I'd want to keep it on in encrypted file but even that is sketchy if I have to have in on multiple clouds.
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Wait. I'm not letting anyone off the hook for not knowing the above if they put $5 into something, let alone $500k. But even as a coder and someone who was deeply involved in crypto at one point (2011) I find it hard to make heads or tails of wtf this means. All I hear are a lot of acronyms and bizarre edge cases upon edge cases. It sounds like those arguments you'd hear between kids in junior high over magic cards o…
In simple words, he should have called a smart contract's function which would withdraw his tokens and send real ETH to his address. Instead, he sent tokens to smart contract's address and they will stay there forever, not associated with any account. This complexity should be abstracted away by wallet's UI. Users don't have to call APIs directly. Also, this whole situation could be prevented by trying to send a smal…
Wait... so the tokens are really still there, just inaccessible? In what way do the tokens still exist? What makes them inaccessible? Is there really no possibility of restoring the tokens? No possibility of cleverly hacking them out with the assumed myriad of unpublished security flaws?
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It truly is laughable. Ever heard of "Return to Sender" in case of invalid events/transactions?
YES. Weren't these supposed to be SMART contracts? My email provider is smarter than that.
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The problem with crypto is despite your explanation, I have no idea what any of your post means. Not any of it.
From what I understood of afidrya explanation (in a sub-comment): * there's a smart contract to which you can send ETH (directly), it sends WETH back * however the inverse operation (WETH -> ETH) is not done by sending the WETH, you're supposed to call a special conversion function of the contract I guess the smart contract only looks for ETH in its wallet (at its address), it ignores the WETH entirely, and thus the…
I understand ETH, but WTF is WETH?
Eth is the native token, WETH is an ERC20 token (token creted by a contract implementing the ERC20 interface). Many applications don't want to handle these separately, so they only accept ERC20 tokens. WETH is Eth wrapped in a token contract (can be warpped or unwrapped 1:1). Think of it as similar to Java's int vs Integer.
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Sheesh. No good deed goes unpunished, eh? From the link: >We label irregardless as “nonstandard” rather than “slang.” When a word is nonstandard it means it is “not conforming in pronunciation, grammatical construction, idiom, or word choice to the usage generally characteristic of educated native speakers of a language.” Irregardless is a long way from winning general acceptance as a standard English word. For that…
You've clearly struck a nerve.
Here's an unrelated but related question: How do you store your wallet / private keys where you would be comfortable storing an amount of money that's important to you? It feels like a bunch of consumer grade options we have are kind of flaky: Flash drives are extremely undependable. I've had a few fail to read after sitting in a closet for a year. SSDs can supposedly have data loss pretty quickly if left unpowered (…
I personally use:
- Primary -- hardware wallet with memorized PIN
- Backup -- seed phrase memorized
- Backup -- seed phrase written on paper
- Backup -- seed phrase split into pieces using Shamir's Secret Sharing, written on paper, stored with friends and family members