self-hosting
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Self-Hosting and Multi-Signature – Vitalik Buterin’s Take on Securing Your Assets
On April 17th, Ethereum co founder Vitalik Buterin wrote in March that self hosting is very important, and social recovery and multi-signature are good ways to achieve this goal. A
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Vitalik Buterin emphasizes the importance of self-hosting with social recovery and multiple signatures
On March 17th, Vitalik Buterin, co founder of Ethereum, stated on social media that self hosting is very important, and social recovery and multiple signatures are good ways to achieve this goal. I personally use a multi signature wallet to store most of my funds, as does the Ethereum Foundation. Once social recovery wallets become mature enough, my recommendation is to use social recovery for hot wallets that store a small portion of an individual or organization’s funds, as well as multiple signatures for cold wallets that store individual or organization savings. V God: Individuals and the Ethereum Foundation both use multi signature wallets to store most of their funds Analysis based on this information:Vitalik Buterin, co-founder of Ethereum, recently took to social media to promote the importance of self-hosting and advocated for the use of social recovery and multiple signatures to achieve this goal. For Buterin, self-hosting is an essential aspect of cryptocurrency ownership as it allows individuals and…
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Kraken’s Warning: Strengthen Diversification and Self-Hosting
It is reported that Kraken, the cryptocurrency exchange, tweeted that Kraken’s dollar funds would not be affected. However, recent events should ring the alarm bell and remind us to strengthen diversification and self-hosting. Kraken has no significant exposure to the exchange rate of the stable currency, because it does not believe that the stable currency can be exchanged with the legal currency. Kraken is the top stable currency operating market, allowing traders to provide liquidity and price risk. The threat from Operation Chokepoint 2.0 still exists. Cryptocurrency trading platform Kraken: there is no significant risk exposure to the stable currency exchange rate, and the dollar funds are not affected Analysis based on this information:Kraken, a prominent cryptocurrency exchange, recently issued a warning to its users about the need to strengthen diversification and self-hosting. In a tweet, Kraken stated that its dollar funds were safe, but recent events had highlighted the importance of being prepared for unexpected fluctuations. The warning came…