Honeypot in Crypto World

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Honeypot in crypto is a security technique by setting a trap for hackers. This trap is often applied to smart contracts and crypto wallets. Smart contract or wallet developers deliberately make it seem like their platform is vulnerable and easy to exploit, but it turns out that when hackers want to move Ether or USDT, they will be charged a high blockchain fee so that hackers have to think twice or they will suffer losses.

So the main goal of Honeyspot is to improve security by studying the methods/ways hackers work. So have you been anxious or worried that your crypto wallet will be hacked?
 
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