The Dollar Wrecking Ball: Why is a strong US dollar so dangerous?
The rising US dollar strength is starting to produce cracks across economies and markets.
The company has recently announced the beta version that will enable users to store assets, vote for public governance proposals and sign transactions offline, with integrations for the Polkadot and the Ethereum blockchains.
Offline wallets provide the simplest form of protection from hacker attacks. The company suggests to keep the smartphones running the app in airplane mode. “To keep your funds safe, the phone containing your account should never be connected to the internet or even be connected to a device that is connected to the internet (such as a computer),” the company said. Before downloading the app, users should also delete their biometric and identifying information from their phone.
The new version allows users to create Kusama accounts to connect with Polkadot-js apps. For all accounts, users will receive a recovery password and choose a PIN to sign transactions.
Parity Technologies develops tools for the decentralized web, including Substrate, a service that enables users to create customized blockchains for decentralized applications. In January, Parity was awarded a 5-million-dollar grant from the Ethereum Foundation.
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