Review: Wallet Guard
2 min read
First off, thanks u/Crypto-4-Freedom for pointing this out to me. After playing with it for a bit. I 100% think this is a must have for anyone wanting to protect their crypto. To the point where I tried to replicate the scam that stole almost $300 from me last week, and if I had this. This would’ve prevented that from happening.
Anyways, Wallet Guard is a free service that basically makes interacting with crypto far easier. When signing a smart contract or a message, it basically simulates it to figure out what it is wanting to do. And then it lets you know in an easy to read format. Something honestly that should be by default on Metamask and other applications.
You can check out the company here https://www.walletguard.app/
It seems to only be on Chrome and Brave (which is a version of Chrome) at this time.
Now as far as what makes it important. It basically turns a hard to read smart contract into something you can read. Here is some examples. Note Metamask on the right is what you will see in virtually everywhere. Where as Wallet Guard is on the left. It comes up when Metamask does when you interact with the things.
It’s able to do this because it simulates the transaction to figure out what it is about.
A simple logging into a web 3 site
When you are making an allowance
Trading
Note it didn’t trigger it when trying to send manually. But at that point you likely know what you are doing since it is manual.
There is also a feature that stops some scamming sites. But note it can only do so much on it’s own. You don’t need to throw out your brain just because you use this.
There is a chat bot feature. I haven’t played too much with that and a lot of it is coming soon. But as it is right now. Hands down this is likely one of the most important things to have in your tool box when interacting with crypto. Even more in the current web 3 space.
Note it seems like this is still in development. But what they have so far seems to be extremely stable. I highly recommend at least looking it up on YouTube and DYOR on this tool.
submitted by /u/crua9
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