Security and Fraud Prevention
The growing interest in NFT and medical cannabis investments attracts the attention of scammers and hackers. This article outlines best practices to mitigate these risks.
Increase Your Knowledge
Misunderstanding how NFTs and blockchain work can lead to costly mistakes. For example, if someone impersonates customer support claiming they can recover lost TLREF tokens in exchange for your private keys, they are exploiting the fact that people may not realize that this is a decentralized network without such functionality. Investing in education on how the Tetra Farm system works is a worthwhile investment.
Wallet security
Do Not Disclose Your Private Keys
Never share your private keys under any circumstances!
Your wallet’s private key is the password to your wallet. It is the only thing preventing anyone with knowledge of your wallet address from draining it and taking all your assets!
What is a Wallet?
A wallet in the Tetra Farm system is your personal account where your NFTs and TLREF tokens are stored. It provides access to your investments in the greenhouses and allows you to earn income from the sale of medical cannabis.
Do Not Take Screenshots of Your Seed Phrases/Private Keys
Taking screenshots of your seed phrases or private keys may cause them to sync with cloud storage, potentially making them accessible to hackers. Obtaining private keys from the cloud is a common attack vector for hackers.
Use a hardware wallet
A hardware wallet provides offline storage for private keys. It is considered the safest option for storing your private keys: your private key never touches the internet and remains entirely local on your device.
Storing private keys offline significantly reduces the risk of hacking, even if a hacker gains control over your computer.