Post
Topic
Board Announcements (Altcoins)
Re: IOTA
by
Call_Me_Bambi
on 05/12/2017, 17:50:38 UTC
IOTA has serious security flaws.

Yes. Wallet doesn't verify that the user knows how to use IOTA. It's a very serious flaw.

well this never happened to me with bitcoin (any wallet) in 5 years of use. Possibility of making a mistake to loose all funds??? Sounds like the problem is real.... All possibilities NEED to be ELIMINATED for the coin to be viable.

Did you ever use "Multibit" or "Multibit HD" wallet for Bitcoin, it was the most buggy wallet out there and on two occasions I almost lost all my Bitcoin to the bugged out wallet - luckily the Electrum wallet was (in a roundabout sort of way) able to recover my BTC.
This is a quote from the developers of Multibit "It has stubborn bugs that have caused us and Multibit users much grief." It is no longer officially available - I wonder why ?

Ref:
https://multibit.org/blog/2017/07/26/multibit-shutdown.html