Post
Topic
Board Altcoin Discussion
Merits 2 from 2 users
Re: Wallet hacking is it possible?
by
Zdraste16
on 17/06/2019, 17:24:55 UTC
⭐ Merited by PeterI (1) ,bellicose (1)
Just like an account where one's fiat currencies are kept so also is wallet where digital assets or cryptocurrencies of crypto lovers are kept. Can the wallet be vulnerable to hacking and if possible how can that happen? If you have experienced it before, I want to learn from your experience.
Now there are many cryptocurrency wallets and the issue of security of assets stored on the balance is different because they are developed by different teams.  Hacking can occur both due to a wallet flaw as new ways of hacking appear.  But the cause may be the negligence of the user himself, the private key should not be known to anyone except the owner of the wallet.