Solana Weekly: #11 - The Big Picture Is The Fun Picture

Solana price -dipped down to $21, sticking in the range around $24 now. Steady, not pumping too hard and keeping our nft values up there. SolEth .015 - steady light gains against eth. Aptos caught a freaking bid - over a 3x, bad launch but seems to have more legs than we thought. Couple topics I want to cover:Overall why it’s so fun to root for Solana :You don’t have to be cheering the end of the world in order to pump your bags. Btc, even eth is guilty of assuming they are going to take over because of how shitty everything is. Solana is more like let’s play NFT games, dog coins, you can use our network with dollars and it’s cheap and fun.I quite like it. When you say the fun chain it’s because we aren’t trying to replace things, we are rethinking what you can do with blockchain based on innovations. Wallet security -The great Kevin Rose hack must be talked about. Huge fan of Kevin, him and Tim Ferris have a pretty big influence on why I’m in crypto so to see him get his vault wallet drained to the tune of 2 mill is terrible. It goes to wallet security, he signed one malicious transaction and it drained his wallet. Even if it was a hardware wallet this could have happened. We have to do Better.This isn’t an eth thing, this is a cross the board. Until there are better solutions we have to do what we can to protect ourselves. Hold multiple wallets, multi sig wallets, hardware wallets, use the damn horcrux method where you don’t have everything on one wallet. Wallets are free! Toly challenged Armani to build a cold wallet that can’t interact with smart contracts and can only send to wallets and he did it in a day. I’m going to revisit back pack and do what I can. I use a ledger for almost everything. But it’s not good enough. Will be splitting everything. Up. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit thomasbahamas.substack.com