Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Altcoin Discussion
Re: IOTA - Thousands of Wallets Compromised and Funds Stolen
by
CrypticInvest
on 21/01/2018, 17:27:52 UTC
Quote from: Dahman El_Harrachi on January 21, 2018, 05:06:46 PM
Quote from: MadMac on January 21, 2018, 04:58:14 PM
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.
so myetherwallet is not safe because u can login with just some random characters and u can't protect it with password  Shocked
No. Your MyEtherWallet is absolutely safe, if you are using an encrypted UTC file, or better still use MetaMask Chrome add on.

Hope this helps.