Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLAM] CLAMS, Proof-Of-Chain, Proof-Of-Pearl, @Poloniex.com
by
gjhiggins
on 15/08/2014, 01:10:10 UTC
If someone gains access to your CLAM wallet (and the password, if encrypted), then they also have access to the BTC, LTC, or DOGE at the addresses you imported.

A precise identification of the address as the lynchpin. IIRC, the original instructions suggested that, for maximum peace of mind, any balance in a qualifying BTC/LTC/DOGE wallet should be transferred to a newly-created BTC/LTC/DOGE wallet/address and the now-empty qualifying wallet/address used for the CLAM import. I couldn't pick any holes in that but IANAC (C=Cryptographer).

Cheers

Graham

Edit, use a more precise reference