Skip to main content
All CollectionsAdvanced SecurityCommon Questions
Is Harpie Advanced Security right for me?
Is Harpie Advanced Security right for me?
Jorge Aquino avatar
Written by Jorge Aquino
Updated over a year ago

Introduction

This article will help you determine if Advanced Security is the right choice for your needs, guide you on which tokens to secure with it, and outline any potential issues you might face.

Understanding Advanced Security

Harpie Advanced Security is designed to protect your tokens by preventing transactions with untrusted addresses. It's akin to a high-security vault, ideal for tokens that are valuable and not frequently moved or traded. This feature is perfect for long-term holdings or assets of significant worth that you want to safeguard at all costs.

Is Advanced Security Right for You?

To decide if Advanced Security fits your needs, consider the following:

  • Asset Mobility: How often do you move or transact with your tokens? If you're dealing with high-usage tokens that require frequent transactions, Advanced Security might not be the most convenient option due to the recovery process involved.

  • Asset Value: Assess the value of your tokens. High-value assets that represent significant investments are ideal candidates for Advanced Security. It's about balancing the need for utmost security with the flexibility of asset movement.

  • Risk Tolerance: Evaluate your risk tolerance. If the thought of your tokens falling into the wrong hands keeps you up at night, the added security layer may well be worth the extra steps required for transactions.

Recommended Tokens for Advanced Security

  • Long-term Investments: Tokens that you plan to hold as a long-term investment, especially those that represent a substantial portion of your portfolio, are ideal for this level of security.

  • Low Mobility Assets: Tokens that you rarely transact with, perhaps those that accrue value over time or are held for their potential future worth, are perfect candidates for Advanced Security.

Potential Issues and Considerations

While Advanced Security offers unparalleled protection, it's important to be aware of the potential drawbacks:

  • Recovery Process: Recovering a blocked token is intentionally rigorous to ensure maximum security. This process can be time-consuming and potentially costly, which might not be ideal for every user or for every token in your portfolio.

  • Transaction Delays: Due to the stringent checks on transactions, you might experience delays when dealing with secured tokens. This is a crucial factor to consider for tokens that require agility in trading or use.

Making the Decision

To determine if Harpie Advanced Security is right for you, weigh the value and mobility of your tokens against your need for security and peace of mind. It's also advisable to segment your portfolio, applying Advanced Security to those assets where the benefits outweigh the potential limitations.

Remember, while Advanced Security is a powerful tool in protecting your digital wealth, it's crucial to use it judiciously to ensure it aligns with your investment strategies and transaction habits.

Did this answer your question?