Author | Lightnews

stephane.algo.xyz @stephane.algo.xyz · Nov 30

Remember that, thanks to the new #Algorand New staking mechanism.

You can earn a Staking Reward without compromising locking liquidity by holding more than 30k Algo and participating in consensus.

(Even on a Cold wallet)

Only #AlgorandCan do that.

algorand.co/staking-rewa...

Staking Rewards are coming to Algorand

Learn more about Algorand Staking Rewards - launching early December 2024. Explore applications for staking Algo, learn more about Algorand consensus, and more.

algorand.co

2

stephane.algo.xyz @stephane.algo.xyz · Nov 30

More info on best practices here:

algorand.co/learn/wallet...

A guide to wallet security & best practices

Tips for users to keep their wallet safe

algorand.co

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stephane.algo.xyz @stephane.algo.xyz · Nov 30

If one of your addresses is compromised, or if you have any doubt.

One of the key layer-1 features of #algorand is called Rekeying.

It allows you to keep your public address AND sign with another private key.

developer.algorand.org/docs/get-det...

Rekeying - Algorand Developer Portal

Algorand Developer Docs, SDKs, REST APIs, CLI tools, ecosystem projects, metrics dashboard and sample code, how-tos, and news from the Algorand developer community

developer.algorand.org

1 1

stephane.algo.xyz @stephane.algo.xyz · Nov 30

On #Algorand, you can quickly improve your cold/hot wallet security using a layer-1 feature called Multis-signature.

You can configure a wallet to require multiple signatures before doing anything.

developer.algorand.org/docs/get-det...

Creation methods - Algorand Developer Portal

Algorand Developer Docs, SDKs, REST APIs, CLI tools, ecosystem projects, metrics dashboard and sample code, how-tos, and news from the Algorand developer community

developer.algorand.org

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stephane.algo.xyz @stephane.algo.xyz · Nov 30

🚨In a rush, we tend to forget the basics.

🧠Stay safe out there, and bookmark this flow.

💵 Fiat in Bank
👇
💸 Fiat on Exchange
👇
₿ Crypto on Exchange
👇
🔒 Crypto in Cold Wallet (Keep most of it here)
⬇️⬆️
🔥 Crypto in Hot Wallet
⬇️
🌐 DApp interactions

#Algofam

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stephane.algo.xyz @stephane.algo.xyz · Nov 23

Ah, the joys of expert opinions from non-owners. Meanwhile, my Tesla runs like a charm—guess I’ll have to enjoy my ‘unreliable’ ride a little longer.

stephane.algo.xyz @stephane.algo.xyz · Nov 23

The process was really smooth @patrick.algo.xyz, really nice job!

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stephane.algo.xyz @stephane.algo.xyz · Nov 23

I verified my #NFD on #Algorand! nfd-verify:1468637

app.nf.domains/name/stephan...

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