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Ethereum: Security questions with the latest update for SAFE_L2 V1.4
Ethereum, the second largest currency of market capitalization, recently published an update of its Safe_L2 (safe layer) 1.4. Although this update seems to be a general security patch and improvement in performance, it expressed users’ fears in connection with Safe_L2 V1.4 with some third applications.
In particular, it has been announced that some secure applications and safe applications based on SDK, which are used by the Multisigs protocol to safely manage transactions, now have problems after going to the base, the Ethereum test environment.
According to the article on [platform/sources], users who have implemented their Multisig accounts using a secure proxy V1.3 + Safel2 V1.4 Factory reveal that this implementation is currently marked as “unclear” safe application and safe SDK.
It is about this because Multisigs provides a strong and safe way to manage their digital property on Ethereum. By supporting many portfolios, addresses and private keys in one interface, Multisigs enables flawless and effective management of large transactions.
The problem with Safe_L2 V1.4 is not immediately visible from the above -mentioned article, but suggests that there are some basic problems with the compatibility between this version and some applications of the third part. Users are crucial when organizing a Multisig account and thorough control of the requirements and recommendations of each application they plan to use.
For people interested in migration in the base or exploration of alternative solutions, it is key to the exact assessment of safety implications and compatibility before making a change. In this case, it may be advisable to examine the alternative Multisig solution, which better suits individual needs and preferences.
Application
The latest SAFE_L2 V1.4 update caused users’ concerns about compatibility with some third applications. Users are crucial when organizing a Multisig account and thorough control of the requirements and recommendations of each application they plan to use. As with any significant update, it is recommended to accurately assess the consequences before the change.
Update
As this article was written, we have been informed that a safe application and a secure SDK no longer supports the safe Profxy V1.3 factory. This version is outdated due to compatible problems with some applications, including multisiges. Users planning migration to the base or study of alternative solutions should carefully assess their capabilities and consider consulting with a reliable network administrator or security expert before making any changes.
Disclaimer
The information listed in this article is used only for information purposes and should not be treated as advice on investing or investment recommendations. It is important to conduct thorough research and consult experts before making any decisions regarding Ethereum, Safe_L2 V1.4 or Multisigs.