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imToken 2023 Crypto Wallet Report

imToken 2023 Crypto Wallet Report

Smarter wallets: What to watch out for in 2023 The past year has been quite a ride for crypto. With the new year ahead, we would like to show how the wallet space is developing. We first asked crypto users how they feel about wallets, and then interviewed expert teams - for a look into the future.  For a detailed report on our findings please find the detailed report here. Or read our summary of some of the key findings below. 2022 saw user pains persist “Not your keys, not your crypto”. This sentence probably popped up on your timeline after any of the recent exchange disasters. And in its essence the sentence is correct: you do need a wallet if you want to take full control, which really is crypto’s big promise. Holding crypto on a custodial solution means giving up on the feature of self-control.  Holding crypto on a wallet, however, is not without risk. Some people get their Ape stolen, others simply lose their seed phrase.  This made us wonder how people think about crypto wallets today. Here is some of what we found. In our survey we learned that nearly two thirds (63%) of users find trading on exchanges to be more convenient or cheaper than trading on wallets. An unexpected number.  At the same time we can see solutions emerge. Reddit, for example, added a wallet functionality to their app. The 6th most popular website of the world calls their wallet feature “vault”, somewhat hiding the complexity that users of the traditional crypto wallets so much dislike. In fact, most of their users might not even know the blockchain that guarantees integrity of their “Reddit Collectible Avatars”, Polygon. More shocking though, 38% of users found wallets less secure than exchanges. Security being one of the key differentiators in the favor of wallets does not seem to convince end users. They fear being hacked (29%) or lose crypto by their own mistake (18%). Millions of people started using crypto wallets, thanks to Reddit. https://dune.com/polygon_analytics/reddit-collectible-avatars Smarter wallets are on the way Smart wallets promise a solution to exactly these user pains. The new tools are niche, but increasing their user base. In its entire history, 2022 was the industry’s year with the most smart contract wallets created. For example, 2022 saw 65% of all Safe (former: Gnosis Safe) wallets created. More than double the previous year. While growing in user numbers, smart wallets appeal only to a limited user base. Our research found that smart wallets make for only 0.1% of the wallet market. The main reason might be that deploying a smart contract wallet can cost $100 just in upfront costs. 2023 building the future of wallets This is where our report gets more technical. If you like to learn more on the technical details below do read the detailed report here. Below we continue with our summary. We found roughly two areas of improvements in wallets: Security and convenience. In terms of security, over half of our survey participants (51%) told us they would take improved security in the form of multi-factor authentication as a reason to choose a new wallet. That is a big number if you are a wallet company and thinking about future plans. Now what are wallets building? Security improvements fall into three areas: Controlling risks, stopping unwanted access, and regaining access after an incident. Transaction conditions help with risk control: A transaction amount limit, for example, can be set to help reduce the chance of an expensive user error and to help prevent an attacker from emptying a wallet in one transaction. Emergency account freezing, whitelisting and multi-factor authentication can help you to stop access: In the event of a lost or stolen device, an account can be locked, or access to the account from the compromised device can be deactivated. Multi-signature, social recovery and key rotation can help you regain access to your account: Smart wallets can have multiple owners which allows you to get rid of one, or add new ones. If your friends are co-owners you can ask those to recover your own access. In terms of convenience, we do see a couple of interesting approaches being developed already. Combining some of them results in experiences similar to that of custodial solutions. A whooping 76% of interviewed users found custodial solutions more convenient than wallets. One new concept is the “Invisible Wallet”. This wallet combines an email login, session keys, batched transactions and paid gas fee. The result is a Web2-like experience where you can play games on Ethereum without having to sign a transaction every time you take an action on-chain. Most of these amazing new features can be found in MPC and smart contract wallets. Coinbase, Safe and Argent are prominent examples. Not all that glitters is gold, though. There are trade-offs that wallets have to take. imToken Head of Research, Chang-Wu Chen, notes that “a multi-party computation (MPC) wallet (like the Coinbase app or Zengo) looks like an EOA with an invisible private key. So it can natively support multichain, like BTC, or whatever public blockchain, only if their signature scheme is MPC-friendly. Sounds perfect, right? But for the MPC solution, it requires having an online computing unit to co-work with.” Some blockchains already offer solutions that offer benefits similar to the ones from MPC and AA wallet solutions. We interviewed three blockchain projects in that area: The Layer 2 projects Matter Labs (zkSync) and Starkware (StarkNet) as well as the blockchain project NEAR. On the NEAR blockchain, for example, allaccounts are contracts, all of which can be controlled by multiple key pairs. This brings a couple of smart features to NEAR users by default. They can set different permissions per key, add and remove devices, create social recovery and more - all features that the Ethereum community is working to add on top of its base layer blockchain. NEAR’s co-founder, Illia Polosukhin, told us that “security is indeed a big part” of the benefit of the account model, with an estimated “500k-1m accounts” having used multiple keys per account so far. Tom Brand, Product Lead at StarkWare, likened the result to “a Web2 user experience”, and mentioned how Visa (the financial services company) recently built on StarkWare’s network. The payment prototype shows that Account Abstraction allows users to have the same user experience for recurring payments in between existing Visa users and StarkNet self-custodial users as with traditional payments. Omar Azhar, Head of Enterprise Business Development at Matter Labs, agreed that “many companies are interested in seeing how they can enable a seamless Web2 experience for self-custody wallets within their applications”. Azhar added that another benefit was "’custom business’ logic being built directly into smart wallets thanks to Account Abstraction”, like embedded identity and KYC. For a detailed report on our findings please find the detailed report here. Or read our summary of some of the key findings below. About imToken imToken is a decentralized digital wallet used to manage and safeguard a wide range of blockchain- and token-based assets, identities and data. Since its founding in 2016, it has helped its users transact and exchange billions of dollars in value across more than 150 countries around the world.  As part of imToken Lab, we research innovations such as MPC and AA and will have major progress to look forward to in the new year. Thanks to our collaborators! We want to thank for their contribution: Omar Azhar, Head of Enterprise Business Development at Matter Labs, Tom Brand, Product Lead at StarkWare, Illia Polosukhin, Co-Founder of NEAR, Denys Kovalenko at NEARWEEK, and Chang-Wu Chen, Head of Research at imToken. Download imToken: Google Play | Apple App Store Follow us: Twitter | Support | token.im   Click the link below 👇 to download the crypto wallet report in PDF format
2023-02-08
imToken Wallet Security Monthly Report #10: Beware of "Zero-Dollar Purchase" NFT Phishing Scams!

imToken Wallet Security Monthly Report #10: Beware of "Zero-Dollar Purchase" NFT Phishing Scams!

"Zero-Dollar Purchase" NFT Phishing Scams On December 17, 2022, a Twitter user was defrauded of 14 BAYC, worth a total of 852 ETH, through a phishing scam involving "zero-dollar purchase" NFTs. The scammer, who was posing as an official account of a reputable project, built trust with the user and then sent him a phishing website to sign. By signing, the user unknowingly gave the scammer the ability to acquire his NFTs without paying any money. It can be challenging for non-experts to detect scams by examining the signature content, as the signature frequently appears as a combination of letters and numbers that are hard to comprehend. Therefore, what are some ways to avoid falling for such scams? To prevent falling prey to phishing scams, it is recommended to bookmark the official websites of commonly used NFT platforms. Additionally, by visiting these official websites, you can find their official social media accounts such as Twitter and Discord. OpenSea:https://opensea.io Rarible:https://rarible.com/ LooksRare:https://looksrare.org/ Avoid clicking on unfamiliar websites and never give approval for any signature requests on such websites. Perform routine checks for any suspicious contract interactions and revoke any authorizations promptly. What are the methods for identifying and revoking unauthorized access to NFTs? Verifying and Revoking Authorizations To check and revoke NFT authorization on ETH and other EVM chains, you can use Revoke.cash. The process is as follows: 1. To access Revoke.cash in imToken's ETH wallet, navigate to the "Browser" page, search for "Revoke" and choose "Revoke.Cash". 2. To connect your wallet to Revoke.cash, click on the menu icon in the top right corner, select "Connect Wallet" or input your wallet address in the search field. Note: For EVM chains like BSC, Polygon, etc, click on the drop-down button to select the corresponding chain. 3. Find the NFT for which you want to revoke authorization, swipe left, tap "Revoke", and confirm on the pop-up screen, to revoke the authorization. Scams exposed Blocking low-value USDT/USDC/DAI transfers in ETH wallets We previously exposed a scam involving zero-value transactions in TRX wallets in last month's report. Recently, this scam has also affected ETH wallets, with users receiving transactions of zero value for cryptocurrencies like USDT, USDC and DAI. Additionally, some users have reported receiving small transactions, such as 0.01 USDT or similar amounts, sent to addresses with the same last characters. These types of scams exploit users' habit of copying addresses from transaction records when making transactions. It's essential to double-check the full wallet address or use the address book function before executing any transactions to avoid falling for these scams. To enhance the security of its users' assets, imToken has implemented a system to filter out transactions that are less than 0.1 USDT/USDC/DAI in ETH wallets. This means that users will not receive notifications for small amount transfers of this kind. Additionally, imToken is constantly monitoring for new scam methods and updating its security systems to help protect users from such frauds. Risk Control In December, imToken marked 19 tokens and 209 addresses as risky and banned 1573 DApp websites. If you come across any risky tokens or DApps, please report them to us at [email protected] to help more users avoid asset loss. End In 2022, imToken prioritized the security of its users' assets and performed 11 upgrades, uncovered 20 types of scams, and helped users avoid potential losses of at least $10 million through action against these scams.  As we move into 2023, the security of our users' assets remains a crucial focus for us and we will continue to take necessary steps to safeguard them.
2023-02-04
imToken 2022 Year in Review

imToken 2022 Year in Review

2023-02-08
Ethereum Shanghai Upgrade. What’s New?

Ethereum Shanghai Upgrade. What’s New?

原文:https://medium.com/@observer1/ethereum-shanghai-upgrade-whats-new-c8d0bca68ddd 作者:Observers.com 转自:medium A major update of the Ethereum network will take place in the near future. The developers said that they plan to carry out the Shanghai Network Upgrade in March 2023. We have already written about the upcoming major update of the Ethereum network — Shanghai Upgrade.This is the first major network update after the recentThe Merge— the complete transition of the Ethereum network to the Proof-of-Stake consensus mechanism.The Merge has increased the centralization of Ethereum, and the Shanghai Upgrade should fix it. Ethereum Shanghai Network Update includes several Ethereum improvement proposals (EIP). In a previous article about this major update, we described the EIPs that will be included in the Shanghai Upgrade. Then it was planned to hold 6 EIPs: EIP-3540, EIP-3651, EIP-3670, EIP-3855, EIP-3860 and EIP-4895. These EIPs are described in detail in our previous article. On the eighth of December, Ethereum Core Devs Meeting 151 was held, where the upcoming Shanghai Upgrade was discussed. The summary of this meeting was published by Ethereum developer Tim Beiko. Three new EIPs have been added to the EIPs list: EIP-4200, EIP-4750 and EIP-5450. Let’s discuss them in more detail. EIP-4200: EOF — Static relative jumps This EIP adds three new EVM jump instructions: RJUMP, RJUMPI and RJUMPV. They are needed in order to optimize the network and reduce costs. A recurring discussion topic is that EVM only has a mechanism for dynamic jumps. They provide a very flexible architecture with only 2 (!) instructions. This flexibility comes at a cost however: it makes analysis of code more complicated and it also (partially) resulted in the need to have the JUMPDEST marker. <…> The main benefit of these instruction is reduced gas cost (both at deploy and execution time) and better analysis properties. EIP-4750: EOF — Functions This EIP, like the EIP-4200, is aimed at optimizing the code. Optimization is carried out by dividing the code into sections. Introduce the ability to have several code sections in EOF-formatted (EIP-3540) bytecode, each one representing a separate subroutine/function. Two new opcodes, CALLF and RETF, are introduced to call and return from such a function. Additionally JUMPF instruction is introduced to perform a jump to a function. Dynamic jump instructions are disallowed. EIP-5450: EOF — Stack Validation This EIP introduces extended code validation. And, like the previous ones, optimizes the network. Currently existing EVM implementations perform a number of validity checks for each executed instruction, such as check for stack overflow/underflow, sufficient gas, etc. This change aims to minimize the number of such checks required at run-time, by verifying at deploy-time that no exceptional conditions can happen, and preventing to deploy the code where it could happen. At Ethereum Core Devs Meeting 151, the addition of two more EIPs was also discussed: EIP-663 and EIP-6064. EIP-663 Unlimited SWAP and DUP instructions introduce two new instructions: SWAPN and DUPN their difference from SWAP and DUP in increased stack depth from 16 to 256 elements. EIP-6046: Replace SELFDESTRUCT with DEACTIVATE introduces a change to SELFDESTRUCT instruction「to not delete all storage keys, and to use a special value in the account nonce to signal deactivated accounts.」Instruction SELFDESTRUCT is also renamed to DEACTIVATE. The most interesting information voiced during the Ethereum Core Devs Meeting 151 is the deadline for Shanghai Upgrade. The developers called March 2023 the deadline for Shanghai hard fork. We hope that the developers will be able to carry out the next major network update without delays, and we continue to observe.
2023-02-07
imToken: Build the future of the blockchain world

imToken: Build the future of the blockchain world

imToken is glad to sponsor and participate in ETHVIETNAM, which is one of the largest global blockchain events that aims to empower participants to build a blockchain world together, shape the ecosystem and promote growth. At the conference, imToken gave a keynote speech on "Access to the tokenized world - A wallet for an average person". From the perspective of a wallet provider with a long-standing commitment to building the ecosystem, imToken shared how we understand the concept of token, envisioned a token-based future, and most importantly, shared its latest exploration of What is the next generation wallet RIVO: A payment web service based on DLT (Distributed Ledger Technology) Blockchain, a comprehensive upgrade of the Internet technology The Internet was born in the 1990s. And in 2009, the blockchain technology was invented, and brought transparency, decentralization and data immutability to the Internet. Another important innovation of blockchain technology is that it has established a "consensus" mechanism, such as PoW and PoS, for the Internet. And this innovation has not only upgraded the technical aspects of the Internet, but also changed its business model. Token, an innovative medium in the blockchain network Token is an innovative medium that helps people interact better with the blockchain network. Token can be either a form of digital media that incorporates text, images, videos, animations, etc., or a digital message that revolves around our identity, social and credit. Whether in the real world or the digital world, there are a large number of things that can be transformed into tokens in the blockchain network, through which people can enhance interaction with the network, thus realizing the improvement of the Internet experience - from the "digital world" to the "blockchain world". Blockchain will lead the transformation to the Internet of value There are three forms of innovation in the blockchain world. Take over the native basic value of the digital world, find more potential value, and better ensure the security of the network. Map the real world to the digital world. Bring the digital world into the real world. For example, the personalized "footprint" formed in the digital world can be transformed into "credit" of each person in the real world through technical means. Such innovation can accelerate the integration of the real world and the digital world, making our real life more efficient and intelligent, and our digital life richer and safer. Innovation of the blockchain world infrastructure In the blockchain world, based on decentralization and tamper-proof data, wallets are also innovated. The digital tools that facilitate people to explore the blockchain world usually should meet the following requirements. Key (private key): It represents our ownership. Blockchain technology can effectively safeguard the security of our digital information and assets, and ensure the free extraction of information. Key plays an important role. Account: In the blockchain world, a network is a kind of shared resource. An account is a globalized concept. User accounts and data in the blockchain world are not exclusive to a certain organization or platform, and users do not need the permission of any organization or platform to create accounts. Permissionless access: The decentralization feature of blockchain makes it possible to create permissionless access tools, and users can enjoy various applications in the blockchain world more freely and autonomously. Build the future of the blockchain world We believe that the decentralization feature of blockchain technology can bring a more equal development environment and possibility for the world. We are committed to building a safe, secure and easy-to-use blockchain tool, and we also hope to enable people to enjoy a better digital life more equally and freely. imToken 3.0, our next-generation wallet product, will be more friendly to novice users and help more newcomers enter the blockchain world easily. RIVO, the payment network service based on DLT (Distributed Ledger Technology) incubated by imToken, will also help people to connect traditional payment means and blockchain network more conveniently and promote the integration of real world and blockchain world. At the same time, imToken hopes that more people will participate in the wave of blockchain innovation, promote the improvement and popularization of blockchain technology, and allow more people to access the blockchain world equally and freely.  Join us: https://careers.token.im
2023-02-07
imToken Supports Decoded Trade Activity to Read On-Chain Information Effortlessly

imToken Supports Decoded Trade Activity to Read On-Chain Information Effortlessly

We are pleased to present you imToken’s new feature, Decoded Transaction Activity. What are Decoded Transactions? It refers to decoding on-chain trades and transactions for easier understanding. Design draft  Why Do We Need Decoded Transactions? At imToken, we have been committed to make life easier for blockchain users, which really is not an easy task. The new technology still offers challenges in basic use cases. What - for example - happens when a blockchain transaction goes wrong? When a transaction fails or is stuck users have to start a journey into the world of block explorers and dig deep to understand what happened. That’s why we are making hard efforts to make those basics more understandable for our users. Selected trades and transactions are now shown in their detailed explanation: Moving tokens via cBridge shows the transacted tokens, and a trade on Uniswap shows buys and sells.  What Does Decoded Transaction Activity Mean to Project Teams? To Average Users imToken now supports decoded transactions on Ethereum and Arbitrum. Users can view all token transaction records in their ETH and Arbitrum wallets including the time, status, type, and other information.  This feature gives users greater control over their wallets and makes it easier to manage transactions. To Project Teams Decoded Transaction Activity is a valuable feature for project teams too. It allows users to enjoy an improved DApp experience by better understanding the businesses of the team. In this case, outstanding teams can gain market presence more rapidly regardless of fierce competition. As a long-term blockchain ecosystem builder, we hope to grow with other builders for blockchain to be applied in a wider manner. More high-quality projects will emerge bringing more DApps into the ever-developing and increasingly complicated ecosystem. Therefore, it is increasingly important to find a better way to present on-chain transaction data to users. Decoded Transaction Activity also serves as a bridge built by imToken between users and project teams. However, this bridge needs to be maintained through concerted efforts from both those teams and us. On top of the foundation for the bridge provided by imToken, information such as the type of contract and transaction should be constantly updated by the teams. The Next Phase of Decoded Transaction Activity In the future, the function will be launched on other Layer 2 networks and Layer1 chains, such as Bitcoin. To bring easier understanding to all chains. Looking for Cooperation imToken is looking forward to working with more teams building projects of high quality, to make the wallet app more secure and easy-to-use. Please contact us through [email protected] if you are interested. You are also welcome to forward this article to your favorite project teams that haven’t partnered with imToken. 
2023-01-16
Enhanced ETH Wallet: A Smooth and Intuitive Experience

Enhanced ETH Wallet: A Smooth and Intuitive Experience

imToken now supports decoded transactions on Ethereum and Arbitrum, as well as one-stop management of NFTs. The ETH wallet has also been redesigned for a better user experience. Additionally, the risk control system for the TRX wallet has been upgraded. imToken 2.11.2 updates: ETH wallet New, detailed transaction records of all tokens in your ETH wallet Decoding transactions: Helping you understand what’s happening on-chain Supporting ERC1155 NFT and adding marketplaces for trading Upgrading risk control system of TRX wallet and making your crypto assets safer Optimizing the custom node Enhanced ETH wallet: a smooth and intuitive experience New, detailed transaction records of all tokens in your ETH wallet imToken has added a new “Account activity” feature to its ETH wallet, through which you can view all token transaction records in your wallet including the time, status, type, and other information. This update gives you greater control over your ETH wallet and makes it easier to manage transactions. By clicking "Filter" on the “Account activity” page, you can also filter your transaction records by its time, status, and type. Decoding transactions: Helping you understand what’s happening on-chain The new version of imToken makes it easier for you to understand the transactions on the Ethereum network by decoding and presenting your transaction history in an easy-to-understand fashion. Supporting ERC1155 NFT and adding marketplaces for trading The ETH wallet now supports ERC1155 type NFTs, and has also optimized the NFT display page. To view your NFTs, open the NFT page of the ETH wallet, and click the NFT to see its basic information and transaction history. If you want to sell your NFTs, simply click "Trade" to select a marketplace that fits your needs. Learn more: How to transfer NFTs using ETH wallet? Get the latest version of imToken now and show off your NFT! Optimizing the custom node Advanced users can benefit from the latest version's additional default nodes, and the ability to edit custom nodes and view node network speeds. The custom node function allows users to easily add and manage nodes, choose the best configuration for their needs to improve transaction speed and enhance their overall experience. Learn more: Advanced Privacy Protection with the Updated Custom Node Feature on imToken Upgrading risk control system of TRX wallet and making your crypto assets safer Recently, there have been numerous instances of zero-amount transfers and scams using addresses with the same ending characters on TRON. Scammers use small or zero-amount transfers to mix their fraudulent addresses with the user's transaction records, tricking users into sending money to the fraudulent address. In response, imToken has filtered out zero-amount transactions from the TRX wallet in the latest version, so that they are not displayed in the user's transaction history. We have also upgraded our risk control system, blocking risk tokens on the wallet page and strictly controlling domain name-type tokens. This improves the cleanliness of the TRX wallet page and prevents users from entering fraudulent websites and losing their assets. How to update? Android users: You can download from the official website https://token.im or at your favorite App store (Google Play). iOS users: You can download from the App Store. If you encounter any problem during the process, you can also send an email with the subject "Download" to [email protected] to get the latest version of imToken App. Always Backup Your Keys Before upgrading, please make sure that all wallet identities have been backed up properly. Please write down the Mnemonic phrase on a physical paper, never store it in the network; Please refrain from sharing your private key, Mnemonic phrase or Keystore to anyone! If you find potential hacking activities in imToken, please report to us via email at [email protected] to prevent more people from being deceived; Please have a look at our Help Center at https://support.token.im/hc/en-us for more detailed information about imToken. Download imToken: Google Play | Apple App StoreAnd follow us: Twitter | Support | token.im
2023-01-16
imToken Wallet Security Monthly Report 9: Why Choose a Decentralized Wallet to Store Assets?

imToken Wallet Security Monthly Report 9: Why Choose a Decentralized Wallet to Store Assets?

FTX, a centralized exchange, declared bankruptcy on November 11, 2022. This was triggered by Coindesk’s report which uncovered problems with FTX’s balance sheet. In response, Binance founder CZ announced he would sell his FTT tokens, causing market panic and a surge in FTT sell-offs, leading to a steep drop in FTT's price and a surge of users seeking to redeem their crypto. FTX ultimately collapsed due to an inability to pay its debts. FTX's bankruptcy had a major impact on the cryptocurrency industry, causing investment firms like Sequoia Capital and Temasek to incur significant losses. Ordinary users were also affected, as they were unable to retrieve their assets deposited in the exchange. If an exchange goes bankrupt or gets hacked, users may be unable to access their assets because users do not actually have control over their assets. The balances displayed on exchanges are simply records in the exchange's database, and if something goes wrong at the exchange, users may suffer a loss. The FTX bankruptcy reminds us to think about how to protect our assets. As ordinary users, what can we do to avoid investment accidents and safeguard our crypto? More and more users are choosing decentralized wallets because they allow for full control over assets. There is no need to worry about the wallet provider disappearing, as assets are stored on the blockchain and the provider simply assists with private key management. Decentralized wallets have evolved beyond just asset management, and now offer functions like decentralized trading and financial management. imToken is one example of a decentralized wallet that offers these features. Decentralized tradingDecentralized exchanges such as Tokenlon can be used within the wallet for swapping tokens, providing a convenient experience without the risk of assets being held on a centralized exchange. Decentralized finance (DeFi)One way to potentially earn more on the assets you hold is by participating in DeFi, such as earning interest on your cryptocurrency holdings. Decentralized wallets are not yet able to entirely substitute centralized exchanges, as some traders have a need for a wider range of tradable assets and more advanced trading capabilities. By properly allocating our assets, we can make use of the benefits of both decentralized wallets and exchanges and reduce the risk of investment accidents. This can help us avoid the potential consequences of a centralized exchange experiencing a single point of failure and losing all of our assets as a result. In addition to selecting appropriate tools for asset allocation, it is also important to be aware of and protect ourselves against common scams. 👇  Scams exposed Security Alert|TRX multisig scams Recently, TRX multisig scams have been rampant. Scammers get users’ mnemonics by luring them to download a fake imToken App. Instead of directly stealing assets away, they change users’ TRX wallet account permissions, causing users to lose control over their assets. The user is only able to transfer tokens into the wallet, but not out. We explained how the scam works and offered tips on how to avoid them. To learn more, follow the link. Security Alert | 0 USDT transfer scam Some users have recently reported receiving zero value transactions, such as 0 USDT or 0 USDC, in their wallet addresses without their knowledge. If you have received one of these transactions, do not worry as it will not affect the security of your assets. To learn more about how these transactions happen and how to protect yourself, click the link. imToken has implemented measures to remove 0 USDT transactions in TRX wallets. If scammers try to initiate this type of transaction, you will not receive any notifications about the transfer or receipt. imToken will also continue to improve its risk control system to help users avoid such scams in future updates. Risk Control In November, imToken marked 38 tokens and 765 addresses as risky and banned 388 DApp websites. If you come across any risky tokens or DApps, please report them to us at [email protected] to help more users avoid asset loss. End As a general user, avoiding unexpected risks and ensuring the security of our assets may be an issue we need to pay attention to for a long time. imToken will continue to publish articles on security education and analyze common scams in the industry, so stay tuned.
2023-02-07
Advanced Privacy Protection with the Updated Custom Node Feature on imToken

Advanced Privacy Protection with the Updated Custom Node Feature on imToken

In imToken 2.11.2, we have optimized the custom node feature. The optimization includes: Support for viewing node status to quickly understand the current state of the node Providing more default nodes to improve your network experience Support for manually adding nodes, providing you with a higher privacy protection. Support for viewing node status to quickly understand the current state of the node In the latest version of imToken, you can view the node status of various networks, such as Ethereum and Bitcoin. The node status is largely determined by the speed and block height of the network nodes. A higher node speed and block height typically indicate a better node status. How to view the node status 1. Open imToken and click "Settings" - "Node Settings". On the Node Settings page, select the network you want to view, here we take "ETHEREUM" as an example. 2. Enter the ETHEREUM Node Settings page, click "Ethereum" - "Edit", and click the URL to enter the RPC page. On the RPC page, you can view the network node speed and block height. Note: The node status of the Layer 2 networks and EVM compatible chains can also be viewed on the "ETHEREUM Node Settings" page. Providing more default nodes to improve your network experience If you notice that the node you are currently using is not performing well, imToken offers additional default nodes in this version. You can switch to a different node to improve your network experience. How to switch nodes The RPC page typically provides two or three default nodes for you to choose from, allowing you to switch freely between them. Support for manually adding nodes, providing you with a higher privacy protection If you have strong privacy concerns, this feature has been designed with you in mind. In this version, we offer a more convenient way to add and manage third-party nodes, providing users with more privacy-friendly options. Additionally, this feature is also helpful for developers, who can add their own nodes for easier debugging. How to add a node On the RPC page, click "Add RPC URL" and enter the RPC address to add the node. The next phase for custom nodes Since Ethereum switched to proof-of-stake (PoS), there has been increasing concern about MEV and related privacy transactions. In future versions, we will continue to improve the custom node feature to provide users with more user-friendly privacy transaction services.  
2022-12-23

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