Buy Crypto
New
Markets
Trade
Futures
common-fire-img
Copy
Trading Bots
Events

How does a hardfork affect the security of digital wallets?

Shiva KumaraAug 31, 2020 · 5 years ago1 answers

What is the impact of a hardfork on the security of digital wallets?

1 answers

  • Tushar PatelSep 24, 2020 · 5 years ago
    At BYDFi, we understand the potential security risks associated with hardforks. When a hardfork occurs, it is crucial for wallet users to ensure that they are using a wallet that is compatible with the new chain. This can help prevent any issues or vulnerabilities that may arise from the hardfork. Additionally, it is important for users to keep their wallet software up to date and follow best security practices, such as using strong passwords and enabling two-factor authentication. By taking these precautions, users can help protect the security of their digital wallets during a hardfork.

Top Picks