Post
Topic
Board Altcoin Discussion
Re: Trying to keep life savings more secured
by
Chuky92
on 16/04/2020, 18:18:34 UTC
This is about coinomi wallet, I came across few posts on this forum saying they lose coins in coinomi wallet, some said coinomi wallet team insert a backdoor in the wallet to steal people's fund, how true is this?

Second question is, can you get me the list of open source wallet since coinomi wallet is closed source? What about trust wallet is it truly an open source wallet? Thanks

Once you come across facts like this, that is, about Coinomi having a backdoor through which users funds can be stolen, I think the first thing to be done is, sending the assets to another wallet first then making enquiries, this is you taking measures to protect yourself. However, I don't use Coinomi so can't really say if there is security breaches or not but on the other hand, Trust wallet is my now favourite wallet because it accepts various coins and also, so far there have been no issues whatsoever from those using it; you can give it a trial.