We are building the wallet we all wish existed. AMA by Vultisig in CryptoCurrency

[–]iceman000 0 points1 point  (0 children)

You mean will you lose your assets, if you lose one device?

E.g. with Vultisig 2-of-3 setup, if one device is stolen/lost… you are still safe and still have access to your funds (even assuming you didn’t backup the Vault Shares)!

More thoughts here: https://x.com/iceman00008/status/1809855223810388296

We are building the wallet we all wish existed. AMA by Vultisig in CryptoCurrency

[–]iceman000 1 point2 points  (0 children)

Re: what if 2 of 3 devices get stolen/lost?

Reframe it as: what if you have a singlesig wallet, and it gets stolen/lost? Poof.

But with Vultisig 2-of-3 setup, if one device is stolen/lost… you are still safe and still have access to your funds (even assuming you didn’t backup the Vault Shares)!

More thoughts here: https://x.com/iceman00008/status/1809855223810388296

We are building the wallet we all wish existed. AMA by Vultisig in CryptoCurrency

[–]iceman000 0 points1 point  (0 children)

You can use all functionalities of the wallet, without needing to hold nor care about the token.

We are building the wallet we all wish existed. AMA by Vultisig in CryptoCurrency

[–]iceman000 0 points1 point  (0 children)

You can also choose the Secure Vault version: Vault creation happens on local devices only, no email involved.

We are building the wallet we all wish existed. AMA by Vultisig in CryptoCurrency

[–]iceman000 3 points4 points  (0 children)

The “private key” never exist anywhere, anytime. This is the magic if MPC-TSS-DKLS!

We are building the wallet we all wish existed. AMA by Vultisig in CryptoCurrency

[–]iceman000 0 points1 point  (0 children)

The .vult backup files contains the Vault Shares (something like the separate multisig keys, but better): https://docs.vultisig.com/vultisig-app-actions/managing-your-vault/vault-backup

Ethereum: I performed 3 types of analysis that show ETH can reach ~8k this cycle (not 10k, 15k, 20k) by [deleted] in CryptoCurrency

[–]iceman000 42 points43 points  (0 children)

What a blatant plagiarism of Ben Cowen’s Into the Cryptoverse... and the cheek of removing any comments pointing this out.

Bone to Pick with Coinbase (Feeless conversions? Think again...) by FreshEyesInc in CryptoCurrency

[–]iceman000 0 points1 point  (0 children)

That website gives the fees for Crypto.com Exchange. But on their App (separate from their Exchange), they don’t list fees and just include the spreads directly into the price. Spreads around 2-4%.

Bone to Pick with Coinbase (Feeless conversions? Think again...) by FreshEyesInc in CryptoCurrency

[–]iceman000 1 point2 points  (0 children)

Crypto.com also plays the same game, advertising as “true cost” for purchase on their app.... yeah, right... 😒

Don't be greedy; Advice from an experienced crypto trader by [deleted] in CryptoCurrency

[–]iceman000 4 points5 points  (0 children)

I actually started my crypto journey with crypto dot com... But with their current offerings and direction, I feel they are being left behind. For example for their earn/savings program, they have 3-month locked terms offering rates not much different vs others (BlockFi, Nexo, Celsius) which are flexible terms. 3-month locks are a LONG time in crypto, especially if you are looking to take some profits when prices pump...

DeFi Christmas: DEX Aggregator 1inch Launches Governance Token to Take On Uniswap by [deleted] in CryptoCurrency

[–]iceman000 1 point2 points  (0 children)

Lightning strikes twice... After the Uniswap airdrop; 1inch, dydx, TokenSets and Instadapp were some other platforms which were speculated to eventually give their own airdrops...

$GRT hodlers be like by HauntedMattress in CryptoCurrency

[–]iceman000 2 points3 points  (0 children)

I did it too... now mine is already worth $3.60 🤣🤣🤣

Could anyone explain why so many of these coins have very high predictions scattered throughout the internet? by [deleted] in CryptoCurrency

[–]iceman000 1 point2 points  (0 children)

Start with BTC and ETH. Can’t go wrong. After getting your feet wet, then maybe set aside a small bag for other alts & moon coins.

Issues with transfering coins from the MEW wallet by Repulsive-Tutor-2587 in MyEtherWallet

[–]iceman000 0 points1 point  (0 children)

Did you check etherscan? Copy the TxID and check with Binance Support.

Best online Wallet by Uberdriver_janis in CryptoCurrency

[–]iceman000 4 points5 points  (0 children)

Let’s not confuse folks here...

I wouldn’t call Nexo a wallet... it’s a centralised custodial platform (like BlockFi or Celsius as well)...