Switching Wallets

03/24/2024

bitfloorsghost

bitfloorsghost

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I've been using Metamask since literally the day it came out but recently have been running into more and more issues or concerns (I probably use 'concern' too loosely). On one hand, wallets are super sticky - in a place rife with scams, it's hard to trust a new service with your money. On the other, however, it's important to stay up to date as new tech comes out - and at the end of the day, I want to protect myself as much as possible.

Ultimately, this led me to move to a new wallet - Rabby - which was a very uncomfortable thing to do for me initially when you are talking about a space that takes advantage of people every day. For the first few days, every time I would check my balance I'd hold my breath and hope everything was there - this isn't anything against Rabby, either, but if you've been around long enough, you know how it is. However, after using it for around a week, I'm happy that I made the switch, and I would encourage anyone else still using Metamask to consider doing so as well. I don't have any relationship with Rabby, by the way, I just like to talk about things I use and/or enjoy, as you all know. Of course, if you use Coinbase wallet or something, you may already have your wallet of choice. I personally haven't used it much, so I cant speak to it with confidence.

So why am I glad I made the switch? A few reasons. Feel free to visit their X page here, by the way - and as always, double and triple check that even I linked the correct link. You should always verify things yourself.

Multi-Chain

Rabby supports a lot of different chains, and it gives you a super easy overview of everything you own on any given wallet - regardless of which chain it's on. This is my garbage hot-wallet by the way, so don't look here for alpha (many tokens in here were airdropped to me as scams), but you can see how cool and easy it is.

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My favorite part, though, is that it automatically switches network for you as needed. You don't need to mess with swapping RPCs or manually inputting them anymore.

Security

The real reason I am enjoying Rabby, however, is the much improved security experience. First, before you even go to sign any transaction, it will show you common flags (you've never sent to this wallet before, for example). It won't even let you go through with the transaction unless you acknowledge these security concerns first.

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Second, it will simulate the transaction for you and show you EXACTLY what you will be sending and receiving. Instead of just blind-signing something, now you get to see the exact assets that will be moving. So if you go to "claim" something, and you suddenly see the transaction simulation show you that all of your NFTs are going to leave your wallet, you can stop that before it happens.

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MEV Protection

If you're new, you may not know exactly what this is. But sometimes when you send a transaction with a certain amount of slippage set, for example, bots can frontrun your transaction, buy a token cheaper, then sell it to you at the higher end of your slippage. Technically, you agreed to this, but bots and people take advantage. MEV protection prevents this from happening, and you can turn it on when you go to send a transaction.

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Not all wallets are made equal, and I'm sure different use cases call for different things - for example, I still use Phantom for Solana. But overall, I'm glad I took the plunge to try out Rabby and hopefully end up protecting myself from being taken advantage of. If you have been debating making the swap, I would encourage you to check it out. As always, make sure you confirm the links and extensions you are downloading come from the official source.

Bitfloorsghost

Arweave TX

_ZIS74XKFEy_4JJIOfs4pKEEaTH3GyhpToT2TmgIFiY

BitfloorsghostFarcaster
Bitfloorsghost
Commented 1 year ago

Okay now we are having fun Check out this new article I wrote about why I ended up switching my wallet from Metamask to Rabby for security reasons https://paragraph.xyz/@bitfloorsghost/switching-wallets

tomuFarcaster
tomu
Commented 1 year ago

curious what other wallets did you consider before making the switch

BitfloorsghostFarcaster
Bitfloorsghost
Commented 1 year ago

honestly like i mentioned in the post its a really hard switch to make so i did a lot of research into rabby vs looking at other options if that makes sense

tomuFarcaster
tomu
Commented 1 year ago

yeah, I was curious on the other options you researched

joshisdead.ethFarcaster
joshisdead.eth
Commented 1 year ago

👀👀👀

alexFarcaster
alex
Commented 1 year ago

rabby is the best wallet for token trading rainbow is the best wallet for jpegs

BitfloorsghostFarcaster
Bitfloorsghost
Commented 1 year ago

im a huge @mikedemarais.eth fan so I would be inclined to agree

BitErrorFarcaster
BitError
Commented 1 year ago

I started using Rabby like 2-3 months ago. It just works so well that I haven't felt the need to switch back to MM at all.

BitfloorsghostFarcaster
Bitfloorsghost
Commented 1 year ago

amen

colfaxFarcaster
colfax
Commented 1 year ago

been exclusively using rabby and rainbow for a while, metamask was great for years, but no longer. good write up 200 $degen

BitfloorsghostFarcaster
Bitfloorsghost
Commented 1 year ago

500 $degen thank you

ToasterboyzFarcaster
Toasterboyz
Commented 1 year ago

Been loving rabby for a while now

DrakhonenFarcaster
Drakhonen
Commented 1 year ago

MEV protection 🤌 Great writeup Mind sharing their official X here? I might have missed it

Ako🎩Farcaster
Ako🎩
Commented 1 year ago

Yeah i have felt that , too

Jule 🎩Farcaster
Jule 🎩
Commented 1 year ago

Love it !! And what do you think rainbow <> rabby ?

BitfloorsghostFarcaster
Bitfloorsghost
Commented 1 year ago

I haven't used rainbow but I have followed Mike for many years and would definitely support that

Logan Hitchcock 🎩Farcaster
Logan Hitchcock 🎩
Commented 1 year ago

Rabby is great. I have two BFG posts in my inbox to consume as I wind down my weekend. 500 $DEGEN

BitfloorsghostFarcaster
Bitfloorsghost
Commented 1 year ago

1000 $degen if you listen to the substack i narrate it for you

Switching Wallets