In his recent Twitter AMA, Safemoon Chief Blockchain Officer and resident Wizard Papa Cthulu let us know that the Safemoon Wallet would not use our 12 word phrase or private key to import our wallet. What?! Let's talk about it! ⬇️⬇️⬇️
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Today's Safemoon News video will cover a discussion about how this can be done, why Papa may have chosen to go this route, and what it means for the Safemoon wallet!
The 12 word phrase and private key that it represents are core to how wallets operate and allowing them to be easily passed between clients has always been a staple that allowed wallets like TrustWallet, Meta Mask, and the rest to work.
Now that we have heard that the SafeMoon wallet will not operate in this way, we've got to wonder how or if the SafeMoon wallet will be able to import our current BSC wallets or if we will need to manually transfer all of our coins and tokens.
I am thinking that this restriction is due to Papa's previous mention of 15,000 bit encryption being used in the wallet (more on that here: https://youtu.be/vNDtsSlSi5A) which may have some compatibility issues with the 256 bit that traditional wallets use.
Make sure you also catch the most recent clues that SafeMoon has hidden in an image, related to satellites (mesh), coffee, Africa, Phoenix, and a whole lot more: https://youtu.be/GhxSBWC9ZyQ
Huge thanks to everyone for all the support and and engaging conversations - I cannot wait to hear what you all have to say about the Safemoon wallet here, because once this is a very interesting tech take that I haven't cracked the code on yet, and the wallet will have a huge impact on the price of Safemoon, so I know the team will want to get it right.
For more information of SafeMoon, check out these links:
🌖SafeMoon homepage: https://safemoon.net/
🌖SafeMoon White Paper: https://safemoon.net/whitepaper
🌖SafeMoon Reddit: https://reddit.com/r/SafeMoon/
I cant wait until we get confirmation so we can know for sure if we've been on the right track here! Thanks again Safemoon Army! I hope you Safemoon weekend is going great!
No part of this video is financial advice and everything following is for entertainment only. Always do your own research before investing any funds. I am not a financial advisor. D Y O R.
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PAPA CONFIRMS: SAFEMOON WALLET = NO 12 WORD PHRASE OR PRIVATE KEY IMPORT from TrustWallet, Metamask
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