Fri, March 29

Elrond Based Maiar DeFi Wallet Launches New Anti-scam Feature

Elrond Based Maiar DeFi Wallet Launches New Anti-scam Feature Altcoin News
  • Users may add to the list by e-mailing notoscam@elrond.com to report.
  • The security specialists will review the links and add the harmful ones.

Elrond’s wallet web extension, the Maiar DeFi Wallet, is available for Chrome users. Furthermore, for Maiar Exchange operations, it provides the ability to safely store EGLD and ESDT tokens on the Elrond Network and transmit transactions and smart contract calls.

The technology ecosystem for the revolutionized internet of the future is embodied in Elrond. Furthermore, smart contracts may be executed at 15,000 TPS with a transaction cost of about $0.001 at the platform’s core. Fintech, DeFi, and IoT thrive on the Elrond mainnet.

Moreover, first-time users of blockchain technology will find the Maiar money & DeFi app easy and secure, with a gamified approach to gaining more valuable functions. As adoption increases, scarcity in the Elrond economic model becomes even more significant. EGold (EGLD) is the token utilized for communicating the idea of a digital store for the next billion consumers.

Warning Alerts Feature

Security has always been a major concern in the sector, and Elrond has constantly added new features over the years. The latest addition is an Anti-scam feature for the Maiar DeFi wallet.

When a user visits a fraud or phishing website, a warning appears in the Maiar DeFi Wallet. This is a crucial security feature. In order to protect the user from any potential fraud, the extension utilizes the list of known harmful addresses that its community has reported.

Users may add to this list by e-mailing the specified official email to report any questionable links. The security specialists will review the links and add any that they find harmful to their database as soon as possible.

A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.