Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Altcoin Discussion
Re: IOTA - Thousands of Wallets Compromised and Funds Stolen
by
MadMac
on 21/01/2018, 16:58:14 UTC
Quote from: exadex.org on January 21, 2018, 04:53:58 PM
... you expose your private keys to your Bitcoin wallet the same way that you enter a pass phrase to login to your IOTA account.
No, you don't. At no time do you expose your private key. You enter a password, so your wallet is password protected (which IOTA cannot do). And that's it. The private key stays private.