Post
Topic
Board Altcoin Discussion
Re: IOTA - Thousands of Wallets Compromised and Funds Stolen
by
windjc
on 22/01/2018, 20:30:16 UTC
You are not safe, even if you did not use any seed generator. I explained that already. There are 2 things, authentication and authorization. Right now you can only use a seed which is your private key, to login to your wallet, authentication. There is no way to protect this seed. That would be authorization, or put it simply, a password. IOTA does not have that simple but necessary functionality.

This is a lie. Unless you give your seed to someone else like the OP did by using an untrusted online seed generator your funds are SAFE. The OP doesn’t understand basic technical functions of wallets and/or is just spreading FUD. Stop lieing!