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by infotogivenm 1470 days ago
> The way you can prevent it on smart contract platforms is simply holding the funds in a smart contract that allows users to set restrictions so that they couldn't take that expensive NFT even if the user mindlessly clicks on a fishing link, connects the wallet and approves the transaction without checking what it is.

Yes, so simple! Just put your coins into this website’s smart contract and you’ll be much more secure.
1 comments
trompetenaccoun 1470 days ago
It's not a website. Read this if you're unsure what a smart contract is: https://ethereum.org/en/developers/docs/smart-contracts/

Btw yes, from a user perspective it actually is very simple and easy to use. It's a good wallet for beginners. Most who're more active and understand the tech have hardware wallets. You could combine the two solutions as well.

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jensvdh 1470 days ago
Good luck explaining that to the supposedly unbanked crypto is trying to reach.
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trompetenaccoun 1470 days ago
Do you explain TLS to casual internet users? I'd like to see that.

The regular non-tech savvy user doesn't necessarily have to understand the details. That's why people are working on such solutions in the first place. Someone experienced with blockchains would never connect their wallet to a random stranger's and approve draining their funds. However the massive hype around them has brought in a lot of new users.

Wallets have come a long way from people writing their private key on a piece of paper back in the early days. The above complaint is bizarre in this context, because what they described is the exact opposite of what's actually happened. Every reputable wallet team has worked hard on improving security over the past years using strategies like social recovery, multi sig, cold storage of keys, etc.

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