Post
Topic
Board Altcoin Discussion
Re: IOTA - Thousands of Wallets Compromised and Funds Stolen
by
runz
on 07/02/2018, 11:41:18 UTC
This thread gives a lot of false information that OP is spreading.
You can stop trolling now, fanboy.

What exactly is incorrect in the original posting?

Your initial post is like all people have lost their coins. That is not true, hence false information

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 not true. You are only in danger if you used online seed generators.

While that is true in general, it is not for IOTA as the private key aka seed was compromised in thousands of cases. Perhaps 90% of all wallets used these online seed generators.

This is also false information. There were 4 million Dollars stolen. This is not 90% of the wallets.  Check line 527 at the link you were posting https://docs.google.com/spreadsheets/d/1IOpYdi8x9R0ivpC2Fl75N9iVDXo82py0yybC9nsxV-I/edit#gid=0

If one would have kept IOTA on the exchange, no seeds would have been created and the funds would still sit there.

This is not ture as well. You should do some research before you claim such things

Always if someone says anything against your claims you call him a fanboy which also might not be true. And last but not least, you can stop posting with all your newly generated double accounts.