this post was submitted on 10 Sep 2024
620 points (96.8% liked)

Technology

59271 readers
4091 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 2 months ago* (last edited 2 months ago) (1 children)

How can they force that and not also force a fee to move it to a different wallet you own?

People change wallets all the time and putting a fee on that would be inexcusable

[–] [email protected] 1 points 2 months ago (1 children)

Without knowing why people change their wallets, it's hard to nail down a solution. But, perhaps a smart contract wallet whose access is controlled by an underlying wallet that can be swapped out may help. In any case, all transfers or smart contract execution attracts a fee. Even sending money between wallets.

[–] [email protected] 1 points 2 months ago* (last edited 2 months ago)

Well I know all transactions have fees, I meant a fee charged as a commission to transfer it that goes to the developer.

Wallets get compromised, you might upgrade to a multi sig wallet or make a new shamirs secret sharing wallet. You might want to get more privacy after leaking your identity. All sorts of reasons to change it. Having to pay an extra 4% resale fee or whatever it is doing that wouldn't be acceptable.