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What is Gnosis Safe?
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Jun 20
Most users of Ethereum are used to a single key wallet, often referred to as an externally owned account (EOA). These accounts are secured with a private key, which can be transformed into a 12 word “seed phrase” for the user. If that private key is compromised in any way, the funds can be stolen. If your business comprises of more than 1 person, an externally owned accounts is not a secure way to manage your crypto business’s funds. If an employee goes rogue or is careless with the private k...
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