Post
Topic
Board Altcoin Discussion
Re: IOTA - Thousands of Wallets Compromised and Funds Stolen
by
exadex.org
on 21/01/2018, 17:12:30 UTC
What point did you not understand? You need to use your private key, which they call seed, every time you want to log into your wallet.

I'm trying to explain it one last time. You also need your Bitcoin private keys every time you use your Bitcoin wallet. The Bitcoin wallet could easily send those private keys to anyone.