it vulnerable to scams and frauds. It is essential to take precautions to avoid being stolen in crypto. In this document, we'll discuss some of the best ways to avoid being stolen in crypto.
Use a Hardware Wallet:
One of the best ways to avoid being stolen in crypto is to use a hardware wallet. A hardware wallet is a physical device that stores your private keys and allows you to send and receive cryptocurrency securely. Hardware wallets are not connected to the internet, making them immune to hacks and malware attacks.
Use Two-Factor Authentication:
Two-factor authentication (2FA) adds an extra layer of security to your crypto accounts. With 2FA, you'll need to enter a unique code in addition to your password to access your account. This makes it more difficult for hackers to gain access to your account.
Use Strong Passwords:
Using strong passwords is crucial to avoid being stolen in crypto. A strong password should be at least 12 characters long, include upper and lower case letters, numbers, and special characters. Avoid using the same password for multiple accounts.
Beware of Phishing Scams:
Phishing scams are a common tactic used by hackers to steal cryptocurrency. Phishing scams usually come in the form of an email or message that appears to be from a legitimate company. The message will ask you to click on a link or provide your login credentials. Always double-check the URL and email address before entering any sensitive information.
Use Reputable Exchanges:
Using reputable exchanges is essential to avoid being stolen in crypto. Reputable exchanges have robust security measures in place to protect user accounts and funds. Do your research and read reviews before choosing an exchange to use.
Keep Your Software Up-to-Date:
Keeping your software up-to-date is crucial to avoid being stolen in crypto. Software updates often include security patches that address known vulnerabilities. Make sure to keep your operating system, web browser, and antivirus software up-to-date.
Blockchain Capital is a VC firm that focuses exclusively on investing in the blockchain and cryptocurrency industry. The firm has invested in companies like BitGo, Bitso, and Anchorage. Blockchain Capital takes a long-term view of investments, focusing on companies that have a strong technical team and can create new markets.
gm Lenster fam 🌸
We are excited to announce the launch of our new Snapshot voting feature. Now you can have your say on important community decisions by simply voting from Lenster.
If you paste any Snapshot URL, it will turn into an interactive widget where you can vote for a proposal. You can also use it with your Lens follower NFTs by configuring Snapshot strategies 🚀
Vote us below if you like this feature 😉 snapshot.org/#/yoginth.eth/proposal/0x9287c40edcd68c362c7c4139fe3489bbaaa27cf4de68be5c218a82d0f252e718
Decentralized social networks: On-chain social media platforms can provide an alternative to centralized social networks, where users have greater control over their data and interactions on the network.
One of the main benefits of on-chain social media is decentralization. These platforms operate on a peer-to-peer network without a central authority, reducing the risk of censorship and ensuring greater control over user data. Additionally, the transparent and immutable nature of the blockchain provides greater trust and credibility for users, with no room for manipulation or fraudulent activities.
What is blockchain social media?
Blockchain social media is a platform that utilizes blockchain technology to create a decentralized, secure and transparent environment for social networking. This type of social media is built on top of a distributed ledger, which allows users to share information and interact with each other without the need for a central authority.
In traditional social media platforms, user data is stored on centralized servers controlled by a single entity, making it susceptible to hacking and data breaches. However, with blockchain social media, the data is distributed across a network of computers, making it much harder for hackers to compromise the system.
One of the most promising applications of blockchain in real estate is the use of smart contracts. Smart contracts are self-executing contracts that are programmed to execute automatically when certain conditions are met. Smart contracts can be used to automate many aspects of real estate transactions, including the transfer of ownership, payment of fees and taxes, and the release of funds. This creates a more efficient and transparent system that reduces the need for intermediaries and reduces the risk of disputes and errors.
Another issue facing social media is the lack of privacy. Many social media platforms collect and use personal data for targeted advertising, often without users' knowledge or consent. This has led to concerns about the ways in which social media platforms are able to influence users' behavior and manipulate their opinions.
Dear Lens fam, what is the Future of Social for you?
At t2, we believe the future social networks should revolve around our values, not just what grabs our attention. We want to foster meaningful connections with others, share what helps us achieve our goals, and enjoy articles that empower us.
We have witnessed how the Lens community celebrates genuine creativity and friendship. We believe our values and mission align closely with those of the Lens community. So, we are excited to bring a new type of writing and reading platform to @lensprotocol, starting with our manifesto. manifesto.t2.world
⏳ If you are on board with this vision, sign the Manifesto with your value propositions and complete all steps. You will receive a personalised card to showcase your values and early access to the t2 alpha product.
If you are a writer, follow us and comment below with your favourite piece of writing by you. We will follow back!
Despite these benefits, decentralized social media is still in its infancy, and there are many challenges that need to be addressed before it can become a mainstream platform. For example, the user experience on decentralized platforms can be clunky and difficult to navigate, and there is still a lack of mainstream adoption and awareness.