Post
Topic
Board Altcoin Discussion
Re: How to protect your wallet from hackers
by
KobbyD
on 07/09/2018, 23:59:58 UTC
This is for those who use wallets with cheap transaction fee, such as ethereum based wallets.
There are some who cannot yet afford to purchase a hardware wallet. On that note, i have a suggestion on how your wallet can be safe from hackers. I have always noticed wallets that get easily hacked are those that are subject to public view.
Try as much as possible to have a separate cold wallet address that you do not copy and paste the private key, and neither do you share the address with anyone. You can use it to store most of your valuable coins.
Even if you want to transfer any coin or token to an address belonging to another person, first transfer it to your public wallet before sending it out.
Good idea, that means if an attack comes, it will come to my public wallet which at that time might not contain money, or contain only one coin. But with that, there is still a cost to pay, since transactions might require a fee. Do such transactions require some fees? I like the point about a public address, you can use those address on public spreadsheets as well.