Post
Topic
Board Altcoin Discussion
Re: What is Trust wallet and is it safe?
by
Maidak
on 25/11/2022, 09:36:39 UTC
Trust wallets are vulnerable to hacking because the key uses the pharse method, which has previously been hacked by guessing the phrases until they are correct. This should be a consideration for looking for alternative pad keys, for myself, for wallet security, it is more convenient to use the private key (myetherwallet)method.
If you say using pharse method is more vulnerable it is not entirely true because hardware wallet is also using phrase method and you know that hardware wallet is currently the most secure wallet on the market. I don't see a big difference between trust and myeth, they are both software wallets and are connected to the internet frequently so they are very vulnerable to attacks and that is their downside. There is another difference that trust wallet is a multi-chain wallet and the metamask or myeth you are using is just a wallet for altcoins they cannot store bitcoins.