On May 1st, netizens discussed the importance and precautions of using hardware wallets on the X platform, and mentioned some risks, such as the mnemonic being discovered by others and forgetting where the mnemonic was hidden.
In response, Vitalik Buterin commented: "This is why I keep more than 90% of my personal funds in a multi-signature (Safe), M-of-N scheme, where some of the keys are held by you (but not enough to prevent recovery) and the rest are held by other people you trust. Don't reveal the identities of other people, even these people don't reveal their identities to each other."
Vitalik: More than 90% of personal funds are kept in multi-signature wallets, which can avoid risks such as loss of mnemonics
2024-05-01 08:41:16
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