I was robbed, and the severe setback made me rethink a problem

[Mate2237]

Sorry for the lost. I believed you cost everything because probably you used a wrong wallet to store your coins and it was compromised. And your used a well secured wallet to store your coins, you wouldn't lost them. And another thing that can make one to lost coins is when the owner of the coins login in to another person device and didn't logout from the device again then the device owner would use that to compromise the wallet.

The lock is not difficult to carry out all what you have to do is that, you just keep the seed phrase in a save place and go the setting of the app and lock it.

[nelson4lov]

There is no better guide well suited for users that is secure and simple like the one @mk4 mentioned. There is no need to over-complicate things.

But for ordinary users, multi-signing is a high threshold and difficult to complete. So, is there a tool that can "lock" your wallet?

This "lock" does not review incoming assets, but only reviews assets when they flow out. It can be a secondary password, or a fingerprint verification. This "lock" must follow the address, not a single wallet. As you can imagine, even if the thief logs in to the wallet with the private key from another place, the "lock" existing in the address is still in effect. It may be able to steal your private key, but it cannot steal your secondary password or physical characteristics.

Is this "lock" technically difficult to implement?

There is no such feature. Even if there was, it needs to be implemented at the protocol level and not even via the wallet. And also, I'm not sure there is a cryptographic algorithm that supports such. But if you're a dev and want to take it up a notch, you can create a smart contract wallet that not only takes a valid signature and incorporate some kind of luck into it.

In practice, I haven't seen this being used but it might be a solution for you because multisig wallets are smart contracts themselves.

The best wallet security right now is still to get a hardware wallet and make sure the hardware wallet is never used as a hot wallet (ie connecting the hardware wallet directly to dapps).

Btw, Sorry about the loss of your assets.

[Stalker22]

~
Is this "lock" technically difficult to implement?

Nothing but your private key unlocks the "lock". Why would you need a lock that locks another lock?
Keep your private key safe, and there is nothing else to it.

And if you need a more secure lock, because you dont know how to keep your private keys safe, get yourself a hardware wallet. So your private keys will never be exposed.

[jrrsparkles]

Private keys are the ultimate access tool, because crypto assets are stored in the blockchain not in your wallet so anything that you do add like fingerprint, password lock and whatever is encryption for your wallet but if someone has access to your private keys then they can simply download a wallet and import the crypto assets.

If you can't sure about private keys security no matter what you do then you have to use a custodial service to store the assets but you never hold the access to those funds.

[Y3shot]

This is what always happens when people look down on security aspect of cryptocurrency,  keep the wallet and it private key well is just as important like the asset in your wallet because if anyone have access to your wallet everything in it will be gone.  The private key should not be what people will handle anyhow but with care. Keep your private key safe in a place where nobody can have access of it, this is the most important thing if you want to be profitable in your investment.

[johnsaributua]

Full ownership of a wallet is sometimes not realized so easily people enter and leave so easily, what web3 services do you use? wallets connected to dapps or non-custodial wallets integrated with exchangers? I heard a lot of similar incidents and the wallet providers must have written it in their TOS that all forms of loss, data leakage and transfer of property rights are entirely the responsibility of the user, because they have no control (his word) This is not funny, claiming user ownership, transactions by users and responsibility by users. But they are free to control and may know the statistics of the assets they hold in each person's wallet and we don't know.

When it's like that, you should just throw away the old wallet and make a new one because for me there is no accountability and have another wallet with a good reputation, for a moment, is the wallet binance's web3? There is something wrong with the mechanism where transactions are only backed up with email and free to move funds even if withdrawing opens the wallet and crypto assets from the wallet, this is so vulnerable.
===========================
Nft is a unique asset because any project so treats nft hodler by pampering it is also an asset that may be easily taken over, the rampant crime is also because the quantity is only a matter of fingers but high value, it is better to store nft in cex if it is released, in my opinion it is better because nft control in non-custodial wallets or web3 is sometimes caught off guard by activities in the internet world, or you can try to connect with a hardwhare wallet for protection.

[Belarge]

This is what always happens when people look down on security aspect of cryptocurrency,  keep the wallet and it private key well is just as important like the asset in your wallet because if anyone have access to your wallet everything in it will be gone.  The private key should not be what people will handle anyhow but with care. Keep your private key safe in a place where nobody can have access of it, this is the most important thing if you want to be profitable in your investment.

Hacking of wallets is not a newbies job when it comes to scams, we have graduated fraudsters that are desperate to get their victims provide basic important regarding their accounts. It's advisable to keep everything activity anticipated discreet because the world today is a wicked one. Investment in the market is risky, we have to be extremely careful when dealing these projects and the people around us. There are scammers waiting patiently for our errors to occurred with interns they used it against us. Keeping our private key is important and it ought to be one of the core duty we should be held to.

[LogitechMouse]

Yesterday, my NFT was stolen. The NFT that I spent all my money to buy, the NFT that can give me a bright future, was stolen. This isn't the first time I've been robbed.

No it will not give you a bright future. You are thinking of the fact that NFT's will change your life like what happened in 2021 where some people who flipped their money buying NFT's became rich. That's now the case in 2023. NFT's will not give you a bright future.

Also, this is not the first time that you got robbed meaning you must know what is the reason why you got robbed the first time, but you didn't adjust to it, didn't learn the lesson, and that's the consequence. Now I hope that you really learned a lesson from it. There's no need to complicate things like what they're saying. What you need is knowledge to learn how to secure your assets. I'm not using a hardware wallet ever since I got myself involved into crypto, but because I know how the scammers scam people, I already know how to avoid them.

I hope that this incident that happened to you will make you realize that security must be your number one priority.

[tajimas]

Yesterday, my NFT was stolen. The NFT that I spent all my money to buy, the NFT that can give me a bright future, was stolen. This isn't the first time I've been robbed.

No it will not give you a bright future. You are thinking of the fact that NFT's will change your life like what happened in 2021 where some people who flipped their money buying NFT's became rich. That's now the case in 2023. NFT's will not give you a bright future.

There are no longer profit in NFTs no more, I don't think someone is gaining a lot from NFTs, it's just a jpeg files that's worthless in future, the hype had even decrease over time, just letting you know.