đĄGeneral Notes
When interacting with blockchain applications and smart contracts, it's important to be aware of the following best practices and potential risks:
Exercise Caution: Always proceed carefully when engaging with smart contracts or decentralized applications (dApps). Even well-tested systems may contain undiscovered vulnerabilities.
Understand Smart Contract Risks: While audits, testing, and bug bounty programs aim to reduce the likelihood of exploits, no smart contract is entirely risk-free.
Beware of Phishing and Scams: Phishing attacks remain a major threat in the blockchain space. These scams may attempt to steal your:
Private keys
Seed phrases
Other sensitive credentials
Wallet permissions via misleading transaction prompts
Use Wallet Separation for Security: Consider maintaining two separate wallets:
A main wallet for holding your primary funds.
A secondary wallet for interacting with new or untrusted dApps.
Verify Transactions Before Signing: When prompted to sign a transaction:
Carefully review the contract address and action.
Most modern wallets display the transaction method name â double-check this before approving any operation.
Staying vigilant and informed helps reduce risk and ensures a safer blockchain experience.
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