If I were a wallet builder the very first new feature I would add is a GPT-3.5 API module that translates the transaction you are about to sign to plain English. It's actually quite easy to do this. So instead of what you should in the Nami wallet, it would say: "Are you sure you want to pay 1.9 ADA and transfer 4 of your assets to the receiving party with this transaction?". You could even build it out to be fully interactive with a chat input box so if the user responds with the question "What assets?" the wallet could respond with something like "You are about to give your 4 Custom Game Box NFTs to the receiver along with your ADA payment. Is that what you thought you were doing?".
Very very educational and informative video thank you. I've seen both Charles and Garling AI videos with every YT channel I've been watching for past two weeks.... . I was thinking of reporting but now its being covered in few YT channels
You are welcome and yes, those ads ar so annoying, im really surprised that RUclips has cracked down on them given how fake and misleading they are! I hope they get a grip on it soon.
On a more mundane note, I know it's a minor hassle, but it's pretty straight-forward to keep your major crypto holdings in one wallet and use another for small dollar amounts, especially when interacting with third party (non-IOHK) smart contracts. It would be nice if the current major wallets like Eternl, Nami, Yoroi, etc. popped up a dialog box warning you to do this when they see you about to sign a transaction from a wallet with a major balance. The dialog could have the typical "Don't show this again" checkbox so it doesn't annoy pro users.
Great coverage! All of the Mainnet launches are exciting! The TVL is really starting to kick it in high gear. Exciting times to be a ADA holder. I'm still digesting the update from COTI yesterday. They are going multichain just like everyone else. So not that surprising... they seem behind though so I'm not sure if I will keep holding coti or not. Still thinking about it. What do you think about COTI Farid and anyone else?
Thanks for tuning in Cory - as for COTI, its tough to say, I feel like they've mentioned going multichain quite a few times, but are now actually comitting to it. Its great for exposure but spreads the team thin unless they are addint mor resources, which could slow down development and the focus on Cardano. Its still early to call whether its the right move or not, but interoperability will be key for liquidity and growth.
This happened to me yesterday with my metamask. All my bags gone, i have worked 2 years t get ready for the bull run, i have never had to deal with something like this before and is very hard. Be safe out there.
Question for genius yield team. What makes it different or superior to other dexes. Explain it like I’m 5. Basically genius yield explained for dummies
Hey nomote - I believe the recent decrease is due to the lack of ecosystem adoption. There was a ton of hype around the platform, but in my personal opinion, we are not yet mature enough to handle options, as there isnt enough demand. Short of that, there havent been any specific updates from the team. They are planning some UI upgrades to make it smoother though. I think we just need more people to understand options first.
Very worrying about all the scams happening. I think that a lot of newbies that come into the market will get scammed and this will put them off crypto forever. Like you said Farid, these people could be working for the good of crypto but they make the wrong choice. Regulation won’t protect us from them. I personally feel now, that I don’t want the full responsibility of being in charge of my crypto, and would rather pay a company that will keep it safe.
You are more than capable of taking care of your crypto assets MM! You've been around well enough to know what to watch out for. I do think that newcomers could fall prey to these tactics, but this is why we have to double and sometimes even triple check before making any sort of transaction. As we saw with Celcius, even when you pay someone to take care of your assets, they could make mistakes too. Cheers and thanks for tuning in! I missed your comments!
Reminds me of that time I used ETH to buy some Degen Toonz and other NFTs.. and then joined a discord with a verification bot which prompted me to click a link that siphoned everything out of my MM wallet. Aaaaaand I've never touched Ethereum since.
So sorry to hear Reidos! Sounds like who ever set up the Discord might have been in on it, thats pretty crazy to think that in a server where you are supposed to feel secure, that you get taken advantage of. Only in crypto...Wishing you well.
@DappCentral these thing happen unfortunately, but luckily I did not have more than a few NFTs. It was a tough lesson on double checking everything. And it was a fake version of a legitimate discord bot that was just DMing members with 1 digit different in the username (L instead of i). I'm glad Cardano at least requires you to type your spending password first but it's more important than ever to double check before clicking send. Thanks for the updates as well Farid. Hope your week has been awesome!
@@DappCentralThank you Farid. I realised with the Ledger scandal that I had too much crypto on that one device. I had just moved Bitcoin onto it as I want to leverage it, when the Meld app starts and buy more crypto and the Ledger is so handy as you can bypass Dapps such as Metamask. I have moved most of my crypto off of it now. I just copy and paste when I send my crypto. It is sad that people want to hurt others by stealing their future. Most of us are hoping to make life changing wealth, and live life on our own terms without hurting anyone. On a lighter note I am ecstatic about Copi and Meld. Take care
With no fiat backed stable coin all these dex's will struggle gaining real volume and liquidity. This will be the main chock point for the growth of Cardano (in market cap) and its ecosystem this coming bull run if they can't manage to on board fiat backed stable coin.
Unpopular opinion: low level scammers are good for crypto. Keeps everyone sharp, suppresses price for responsible people to accrue more, teaches victims important lesssons.
If I were a wallet builder the very first new feature I would add is a GPT-3.5 API module that translates the transaction you are about to sign to plain English. It's actually quite easy to do this. So instead of what you should in the Nami wallet, it would say: "Are you sure you want to pay 1.9 ADA and transfer 4 of your assets to the receiving party with this transaction?". You could even build it out to be fully interactive with a chat input box so if the user responds with the question "What assets?" the wallet could respond with something like "You are about to give your 4 Custom Game Box NFTs to the receiver along with your ADA payment. Is that what you thought you were doing?".
Wow great idea!!
The best Cardano channel online, thanks for the great update, always concise and and on point :)
The scammers' use of Charles as a figurehead to siphon ADA just shows how widespread Cardano has become.
Always appreciate your videos brother
So happy to hear! Thanks for watching them.
Your the best Farid....thanks for the Scammers warning....much appreciated.
Thank you very much for updating information about the Cardano ecosystem.
Regards
Very very educational and informative video thank you.
I've seen both Charles and Garling AI videos with every YT channel I've been watching for past two weeks.... . I was thinking of reporting but now its being covered in few YT channels
You are welcome and yes, those ads ar so annoying, im really surprised that RUclips has cracked down on them given how fake and misleading they are! I hope they get a grip on it soon.
first time here. Subscribedaa!
Thanks for help caring the water of awareness in all these scams.
Great video- thanks for doing what your do!
Thanks for the scam info and best practices. Super helpful and a great reminder to stay vigilant.
AXO and Genius Yield seriously are nex gen dexes
On a more mundane note, I know it's a minor hassle, but it's pretty straight-forward to keep your major crypto holdings in one wallet and use another for small dollar amounts, especially when interacting with third party (non-IOHK) smart contracts. It would be nice if the current major wallets like Eternl, Nami, Yoroi, etc. popped up a dialog box warning you to do this when they see you about to sign a transaction from a wallet with a major balance. The dialog could have the typical "Don't show this again" checkbox so it doesn't annoy pro users.
Excellent idea!
Lets go!
Thanks for dropping by Ashton!
Great coverage! All of the Mainnet launches are exciting! The TVL is really starting to kick it in high gear. Exciting times to be a ADA holder. I'm still digesting the update from COTI yesterday. They are going multichain just like everyone else. So not that surprising... they seem behind though so I'm not sure if I will keep holding coti or not. Still thinking about it. What do you think about COTI Farid and anyone else?
Thanks for tuning in Cory - as for COTI, its tough to say, I feel like they've mentioned going multichain quite a few times, but are now actually comitting to it. Its great for exposure but spreads the team thin unless they are addint mor resources, which could slow down development and the focus on Cardano. Its still early to call whether its the right move or not, but interoperability will be key for liquidity and growth.
Great Vid!! What happened to the BLC token?
This is really getting fun now!
It sure is! Im glad to have made it this far! Im sure next year will be even bigger!
This happened to me yesterday with my metamask. All my bags gone, i have worked 2 years t get ready for the bull run, i have never had to deal with something like this before and is very hard. Be safe out there.
Appreciate the video🔥🔥
Question for genius yield team. What makes it different or superior to other dexes. Explain it like I’m 5. Basically genius yield explained for dummies
Good job Farid
Thank you Rob!!
Thankyou Happy Weekend to all.
That's Charles is on RUclips for free giveaways it's been on some good youtubers chanels
That ad is a SCAM and has been reported to Google already
It popped up while I was watching this video. 😕
Hi, how are you? Do you know why the price of opt is dropping
Hey nomote - I believe the recent decrease is due to the lack of ecosystem adoption. There was a ton of hype around the platform, but in my personal opinion, we are not yet mature enough to handle options, as there isnt enough demand. Short of that, there havent been any specific updates from the team. They are planning some UI upgrades to make it smoother though. I think we just need more people to understand options first.
Great work
Thank you TDT! Cheers!
dca ada
Do you know if the options will be exactly like they are in the equities market? Will their be leaps (AKA options with 1, 2, or 3 years expiration).
#1
You are on it! Looks like you might have some competition moving forward with all these new viewers! Cheers Casper!
I'm glad to have more competition. That means your channel is growing and becoming more successful. 10K follower pretty soon!
Yes, finally 10k incoming, its been a slow grind, but its starting to pay off now with the market turning around! :)
Is muesliswap a safe dex?
Cardano ADA 😍
We need a warning on every wallet that confirms that all assets are being transferred.
Ate the NFT's viable for staking still? Ex. Titan. It is not recognized in my wallet.
Woww...watching this segment of the clip. The promo scam using Charles appeared
Massif Dapp are coming online soon on cardano. Exciting time are nearby
Ty again brother
RUclips premium pays off
Also had the scam ad when logging in to watch this video.
To be honest not a lot of people are excited to see yet more exchanges. There are so many already.
You get fees by staking the GENS token.
Very worrying about all the scams happening. I think that a lot of newbies that come into the market will get scammed and this will put them off crypto forever. Like you said Farid, these people could be working for the good of crypto but they make the wrong choice. Regulation won’t protect us from them. I personally feel now, that I don’t want the full responsibility of being in charge of my crypto, and would rather pay a company that will keep it safe.
You are more than capable of taking care of your crypto assets MM! You've been around well enough to know what to watch out for. I do think that newcomers could fall prey to these tactics, but this is why we have to double and sometimes even triple check before making any sort of transaction. As we saw with Celcius, even when you pay someone to take care of your assets, they could make mistakes too. Cheers and thanks for tuning in! I missed your comments!
Reminds me of that time I used ETH to buy some Degen Toonz and other NFTs.. and then joined a discord with a verification bot which prompted me to click a link that siphoned everything out of my MM wallet.
Aaaaaand I've never touched Ethereum since.
So sorry to hear Reidos! Sounds like who ever set up the Discord might have been in on it, thats pretty crazy to think that in a server where you are supposed to feel secure, that you get taken advantage of. Only in crypto...Wishing you well.
@DappCentral these thing happen unfortunately, but luckily I did not have more than a few NFTs. It was a tough lesson on double checking everything.
And it was a fake version of a legitimate discord bot that was just DMing members with 1 digit different in the username (L instead of i).
I'm glad Cardano at least requires you to type your spending password first but it's more important than ever to double check before clicking send.
Thanks for the updates as well Farid. Hope your week has been awesome!
@@DappCentralThank you Farid. I realised with the Ledger scandal that I had too much crypto on that one device. I had just moved Bitcoin onto it as I want to leverage it, when the Meld app starts and buy more crypto and the Ledger is so handy as you can bypass Dapps such as Metamask. I have moved most of my crypto off of it now. I just copy and paste when I send my crypto. It is sad that people want to hurt others by stealing their future. Most of us are hoping to make life changing wealth, and live life on our own terms without hurting anyone. On a lighter note I am ecstatic about Copi and Meld. Take care
👍
Thank you!
❤
I have reported these fake AI scams on youtube a few times already and every time it pops up I will report it. Everyone should report them.
With no fiat backed stable coin all these dex's will struggle gaining real volume and liquidity. This will be the main chock point for the growth of Cardano (in market cap) and its ecosystem this coming bull run if they can't manage to on board fiat backed stable coin.
where is the USDC within Cardano... it aint going anywhere without USDC !!!
👍👍👍👍👍
The scam adds work also just by clicking on anything on it, like if you try to report it, it will take you somewhere else
That's I don't fall for anything that's free like airdrops
Must check every tx. These scams require you to give your ADA away. FOMO moment = Im a dumbass
speaking of scams lol Charles Scam before this video
Unpopular opinion: low level scammers are good for crypto. Keeps everyone sharp, suppresses price for responsible people to accrue more, teaches victims important lesssons.
I agree. It's a dark way to look at things buy it is a real variable to observe
Blink, blink, blink, blink, blink.... are you an AI?
Maybe haha! Shhh! Dont tell anyone Ernie!
There is a commercial that just played with Charles saying there is an Ada giveway. Is it real?
wot du you think !!? Duuuuhh!!
It's your short attention span. Watch the video?