Important Notes When Using a Web3 Wallet
Decentralization means that you have complete control over your assets and are responsible for securing your wallet's private keys and password. You need to:
Back up your mnemonic phrase or private keys in a timely manner. Losing them means permanent loss of access to your assets.
Set a strong wallet password and keep it secure. A decentralized wallet does not store your wallet password and cannot recover it.
Be cautious of fraud and phishing attacks.
Exercise extra caution when clicking on links and downloading new software.
Additionally, the Luffa Web3 Wallet does not store your password, mnemonic phrase, or private keys, nor can it send your mnemonic phrase or private keys to external servers.
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