TRON Multisig Wallet Setup: Is the $23 Fee Worth It or a Crypto Wallet Scam?

Setting up a multisig wallet on the TRON network isn’t a free ride; it costs about $23 or 100 TRX. Just when you thought you’d found a loophole, TRON swoops in with the bill. Who knew digital security came with a price tag?

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Hot Take:

Who knew creating a multisig wallet on the TRON network could cost you an arm, a leg, and a few TRXs? Apparently, the price of security is $23 and a headache. Looks like even digital wallets aren’t immune to hidden fees. Next time, maybe they’ll charge us for breathing near the blockchain!

Key Points:

  • Creating a multisig wallet on the TRON network costs 100 TRX, approximately $23.
  • The process involves using the TronLink extension and Tronscan’s Permissions tab.
  • Changing permissions on the wallet requires a fee, unlike some other blockchain networks.
  • Multisig wallets are designed to enhance security by requiring multiple approvals for transactions.
  • This setup process highlights the hidden costs of securing digital assets.

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