Today I want to talk about the most important extension you should have if you self custody
I installed @_joinfire a few months ago, and it was a nice to have
Until recently ... when it saved me from a phishing link that would have emptied my wallet
(read last tweet too)
People who follow my tweets know that I am conservative investor
I do not NFT much (don't understand them)
I do not do shitcoins (except that once I invested in some OHM fork)
The kind that hasn't suffered too many rugpulls/ scams
And then came an airdrop
It was late in the day. I saw the announcement and clicked a scam link in the next tweet (I assumed it was a part of the thread). It prompted me to check how many tokens had been allocated to me
I wasn't thinking straight and I almost signed the transaction
I would like to think that I would have caught the scam and wouldn't have clicked the final approve
But I am not sure. It was late after all
The extn showed I was signing away all my NFTs if I approved
Also, note to myself... never do anything crypto related late at night
These extensions simulate the transaction you are going to sign on the blockchain and show you the result of that transaction in words.
This functionality should really be a part of the wallet itself. But as of now, it isn't
So we are stuck with using extensions
Fire isn't the only one. I have heard good things about @stelolabs as well
Also read typefully.com/korpi87/iHknFMq
Installing any extension is a risk ... particularly if you hot wallet
So weigh the pros and cons
Personally, for now, I am comfortable with the risk for the benefits it provides
Maybe install it on a browser that does not have your main wallet and simulate here first?