The Security Benefits of Snowball MNS: Safeguarding Your Web3 Journey

Introduction: Web3’s Silent Threat

Crypto isn’t just about gains—it’s about staying safe. Vitalik Buterin recently highlighted a critical issue: many lose crypto not to theft, but to forgotten passwords, lost devices, and software bugs. In Web3, where wallet addresses like 0x123… dominate, errors and phishing are rampant. Snowball Money’s Modular Naming Service (MNS) steps in with @yourname—a simple, secure solution that transforms your Web3 experience. Let’s explore how MNS locks down your crypto journey.

‍1. Phishing Protection: No More Fake Addresses

Traditional hexadecimal addresses (0x123…) are phishing goldmines. Scammers tweak a digit, and unsuspecting users send funds to the wrong place. MNS’s human-readable names like @alice are far harder to spoof. By linking your @name to verified wallet addresses on Movement and other chains, MNS enables reverse lookup—type 0x123… and see @alice, confirming it’s legit. With 8,709 Testnet users already trusting MNS, this feature slashes phishing risks, making your transactions safer than ever.

2. Fewer Transaction Errors: Bye-Bye Typos

Typing a 42-character address is a recipe for disaster—one typo, and your crypto’s lost forever. MNS eliminates this stress. Enter @bob in the Snowball app, and it resolves instantly to the correct address on Movement or Ethereum—no more squinting at 0x456…. Our Testnet data shows users save time and avoid errors, cutting transaction hiccups from minutes to seconds. For your 200K+ waitlist members, this means secure, seamless sends every time.‍

3. Reduced Loss Risk: Building Toward Social Recovery

Vitalik’s tweet spotlighted a major pain: losing access to wallets due to forgotten keys or lost devices. MNS’s modular design on Movement lays the groundwork for social recovery—linking trusted contacts to your @name could help recover access if you lose your wallet. While this feature is slated for Mainnet (mid-March 2025), it addresses a critical gap, ensuring you don’t lose your crypto to human error. Join the waitlist to stay ahead of this game-changer.

4. Verified Identity for Trust: Boosting Credibility

MNS’s verified records (e.g., linking Ethereum 0x123… to @alice) build trust in every transaction. Unlike anonymous 0x addresses, @names are tied to on-chain data, reducing Sybil attacks and fake accounts. This credibility is amplified by Snowball’s AI Score—minting @name or sending via MNS boosts your score (e.g., 100+ points), signaling you’re a trusted player. For projects and airdrops, a high AI Score wallet is gold—perfect for your 50K Movement users seeking clout.

‍5. Easy & Fast Security on Movement

MNS leverages Movement’s high-speed, low-cost blockchain—transactions have gas fees under $0.01 to be expected. No Ethereum gas wars here, reducing the financial stress of securing your wallet. This affordability, paired with Movement’s robust infrastructure, ensures your @name stays safe without breaking the bank.

Follow us on social media for the latest updates: