1 guest508586242c/Cardano 2years ago Do you guys also get all these bots messaging you pretending to be hot women?
1 guest508586242c/Cardano 2years ago Most people who join this community think that Cardano is superior (or is the best) to other projects. What really made you think so and why?
1 guest508586242c/Cardano 2years ago So if I'm a farmer in Africa, and I have $100 in life savings, I should spend another $100+ on a third-party commercial device because the normal software is not safe enough?
1 guest508586242c/Cardano 2years ago I knew that as soon as the first hardware wallet came out. Does anyone here know any actual attack vector that could be used on Android to compromise the seed phrase when it's being entered or stored? If I am using Yoroi on a clean Android, what should I do to have it compromised?
1 guest508586242c/Cardano 2years ago I know that. Could there be any Android spyware that could compromise the security, for example?
2 guest508586242c/Cardano 2years ago What's the next best option after a deposit box at a bank in your opinion?
2 guest508586242c/Cardano 2years ago As a related question, what do you think is the best way to store the seed phrase?
1 guest508586242c/Cardano 2years ago So the contract will buy it at minimum price anyway? But I thought you can't burn it when the reserve is below 400%? Also, where do all the fees come from?
1 guest508586242c/Cardano 2years ago Let's say I have no access to banking, for example I live in Africa. I want to build stable savings. Why would I choose an "algorithmic" "stablecoin" that is risky, over a stablecoin backed by USD?
3 guest508586242c/Cardano 2years ago Is Djed backed by ADA directly or only by Shen? Why would Shen go up in value if ADA goes back up in value after a crash?
1 guest508586242c/Cardano 2years ago So the value of Shen is purely speculative and I should buy it only because I think it will go up? When it goes down, why wouldn't it be exactly the same as it was with Terra and every other "algorithmic" "stablecoin"?
4 guest508586242c/Cardano 2years ago Will Djed coin be stable enough so that one could safely put their life savings into it without the risk of depegging? What if the price drops so that 400% reserve is not enough? Where does the demand for the Shen coin come from, which will be used as the collateral?