New wallet attribute: โ ๐๐ญ ๐ฐ๐ต๐ฎ๐ถ๐ป ๐๐ฒ๐ฟ๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป.
"Trust but verify" isn't real if wallets don't actually verify.
Walletbeat now rates wallets based on whether they verify L1 chain state by running a light client like Helios (by @NoahCitron).
Raising the bar.
You use Chrome. Imagine for a moment that Chrome sent ๐๐ซ๐๐ง๐ฎ ๐๐๐ ๐ฎ๐ค๐ช ๐ซ๐๐จ๐๐ฉ๐๐ to g**gle.
That would be outrageous, right?
web3 is about doing better than this.
Well, what if your wallet did the very same thing? ๐
The solutions exist, we just need the collective will to implement them.
It's April 2026. I wake up in the morning and check Hacker News. "Hundreds of Starlink satellites burn up in the atmosphere." ๐งต
New wallet attribute: ๐ก ๐๐ฎ ๐๐ถ๐๐ต๐ฑ๐ฟ๐ฎ๐๐ฎ๐น๐
Can you withdraw your funds from L2 without intermediaries?
Walletbeat now checks that wallets can do trustless L2 withdrawals on L1, and can broadcast these L1 transactions in a censorship-resistant manner.
Raising the bar.
While the technical aspect of it is fine, there's another angle where they screwed up here: not treating KYC user data as a liability.
IMO, this is not the right direction for a self-custody company to take.
Ledger should be doing everything it can to minimize this opsec attack surface, not increase it.
Instead, here is Ledger promoting its users to KYC themselves further, and handing over this data to a third-party custodian.
ledger.com/recover
In meatspace, events & communications are local and private by default.
The digital world evolved from the other direction, but cryptography fixes this.
Normalize cryptography.
Anything that isn't designed as private as possible should be criticized, for it betrays natural order.
you can always encrypt your data with a key that only you know. it is always allowed. it is always morally correct. it makes you a productive member of society who minimizes data risk and the spectre of surveillance abuse and maximizes freedom of yourself and others
"You have money in your bank account."
No, I am an unwilling creditor to a state-sponsored leveraged bond fund that has been repeatedly bailed out with my actual money.
New wallet attribute: ๐งณ ๐๐ฐ๐ฐ๐ผ๐๐ป๐ ๐ฃ๐ผ๐ฟ๐๐ฎ๐ฏ๐ถ๐น๐ถ๐๐
web2 locks you in, web3 should not
You can check out any time you like, but can you ever leave?
Walletbeat now checks whether a wallet allows you to export your account or assets to another wallet.
Raising the bar.
The above screenshot is a network capture of a popular browser extension wallet.
Which wallet did I use in that screenshot?
That's not important, because ๐ฝ๐ฟ๐ฒ๐๐๐ ๐บ๐๐ฐ๐ต ๐ฎ๐น๐น ๐๐ฒ๐ฏ๐ฏ ๐๐ฎ๐น๐น๐ฒ๐๐ ๐๐ผ๐ฟ๐ธ ๐๐ต๐ถ๐ ๐๐ฎ๐ ๐๐ผ๐ฑ๐ฎ๐.
That needs to change.
๐๐ค๐ฌ ๐๐ค ๐ฌ๐ ๐๐๐ฉ ๐ฉ๐๐๐ง๐?
Walletbeat is doing its part. ๐ซก
This is tracked as part of the ๐ ๐๐ฑ๐ฑ๐ฟ๐ฒ๐๐ ๐ฐ๐ผ๐ฟ๐ฟ๐ฒ๐น๐ฎ๐๐ถ๐ผ๐ป attribute.
It asks the question: Can a third-party correlate your Ethereum address with any other piece of personal information?
