Is THIS the FUTURE of Crypto? Interoperability Part 1 with NuFi Wallet
What is interoperability in crypto? Why is cross-chain interoperability so important to the future of blockchain technology? In Part 1 of this two-part series, we’ll look at a new non-custodial crypto wallet, NuFi wallet, and see how it’s pioneering cross-chain interoperability to store and stake crypto assets across the Cardano, Ethereum and Solana chains, with more coming. Is it important to consider security when choosing a crypto wallet? Yes! We’ll walk through why NuFi has been considerate of security, how it interfaces with the Wingriders DEX. Last, we’ll use DeFi Llama as a tool to check on the security and vulnerability of different crypto projects.
Cryptofluency:
Find more from @Derekonchain with Crypto Courses, Fast Track Memberships, Events & More: www.cryptofluency.com
Links Mentioned:
ADA Handle: https://www.youtube.com/watch?v=_ha7r618vJI
Dripdropz Video: https://www.youtube.com/watch?v=bZhJcJ1urSU
Wingriders Video: https://www.youtube.com/watch?v=QZXWcbMv2zs
The Future of Crypto is Interoperability Part 2:
Chapters:
00:00 - What is interoperability, and why is it so important to the future of blockchain technology and cryptocurrency?
05:56 - Overview of the NuFi wallet features and functionality. NuFi is a non-custodial Web3 crypto wallet that has strong interoperability with decentralized exchanges and allows bridging across blockchains.
11:20 - What is a non-custodial crypto wallet?
12:15 - A look at installing and using the NuFi crypto wallet.
19:45 - Why is it important to have a secure crypto wallet when bridging blockchains?
20:30 - Why consider NuFi as a secure crypto wallet?
23:55 - How to use DeFiLlama to evaluate crypto projects and total value locked up (TVL) as well as project vulnerabilities.
31:16 - How to do a test drive of a new crypto wallet without risking your funds.
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