this post was submitted on 09 Jul 2023
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Ethereum

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Using Ethereum, it's just natural to have multiple wallets. I was wondering how are you keeping track of all these wallets, balances, and transaction you've made?

I'm aware of apps specialized for taxing and some fancy apps (like debank and zapper etc.) but I'm looking a more privacy-friendly way.

Using bare Excel sheets can be very verbose.

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[–] [email protected] 3 points 1 year ago (1 children)

Ethereum is a privacy nightmare to be fair. But what is possible to do. Use different wallets with different IP, do not interact with the same dapps with different addresses do not send anything between you own addresses which are meant to be unlinked. Track assets manually with explorers and spreadsheets, oh yes. And this is far from enough.

[–] problematicconsumer 1 points 1 year ago (1 children)

Agreed. The sad thing is that the slightest mistake can ruin everything.

Track assets manually with explorers and spreadsheets

My main question is this part. As simple as it seems, it's not always straightforward to do. How can a user keep track of which addresses are liked to which exchange/on ramp, for example? How can you easily label and keep track of this history. Are there any solutions or even general tips for these?

[–] [email protected] 2 points 1 year ago* (last edited 1 year ago)

Mostly manually, I assume. One need to remember or to write down a wallet purpose somewhere.

[–] RayShio 2 points 1 year ago

You can use Rotki, it's similar to Zapper or Koinly, but it's an open source desktop app you run locally. It's still pretty limited compared to the online alternatives, but may get the job done for you depending on your requirements.

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

For EVMs never reuse an address, always move funds to a new sub-account. Do the less smart contract interaction and use no tokens (only ETH moves). Why not intercambio swaps to Monero

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