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Title: So, do you guys remember Lumi Wallet? Post by: mk4 on June 08, 2018, 05:37:47 PM Yeah, that one cool-looking bitcoin wallet being advertised here on bitcointalk? Yeah, their web wallet sends your mnemonic phrase to their servers, as claimed by Daniel Staudigel.
Quote Not only do they send the mnemonic to the server, they store the mnemonic (or a hash of it, but I’m guessing not) on their servers. This is either stratospherically irresponsible or Lumi is a scam wallet aiming to steal everyone’s funds at some point in the future. I haven’t been able to look into how their mobile wallets work, as I don’t have the time to do it the right way (root a phone, blah blah blah) — though I did verify they are at least using strong SSL to send your money to their servers, so at least the guy sitting next to you in Starbucks can’t steal your money… but that’s a small consolation when you’ve just sent your crown jewels to be stored by some faceless web service with zero transparency (though they have lots of blog posts with nebulous claims of security!) It’s only a matter of time before the CEO, a rogue employee, or a hacker sweeps through the database and collects every penny of every Lumi wallet user. Link to medium post: https://medium.com/@dandisagrees/a0cf1dd70fd0 Title: Re: So, do you guys remember Lumi Wallet? Post by: TryNinja on June 09, 2018, 02:15:34 AM I was looking for a thread like this one (to see if anyone had already posted this article, otherwise I would).
Unfortunately, you posted this in the Bitcoin Discussion board, where the spammers never rest. Because of this, your thread has 0 replies and isn't even on the front page of the board anymore (it got buried pretty quickly by the SMT being pumped every few minutes). Why don't you move it to the "Web Wallets" board? Now, back to the topic: this was all the Lumi Wallet team said after the article came out: Quote Dear Emin, Thank you so much for spending your time and helping us make @Lumi_wallet more secure. We would love to get you on board and work together on better product. Please check out our mobile wallet as this is what we concentrated on and where we have most of our users. 💙 https://twitter.com/Lumi_wallet/status/1005172315909492738They didn't even deny it. So I assume the wallet is (or will be) a scam. They also "deleted" their ANN thread when they got called out by Loyce and Lauda (who neg trusted them). Old thread: https://bitcointalk.org/index.php?topic=2372646.0 Title: Re: So, do you guys remember Lumi Wallet? Post by: freesia_pnp888 on June 09, 2018, 06:00:52 AM Yup, i still remember, it's been a longgg time already
Title: Re: So, do you guys remember Lumi Wallet? Post by: Kristy22 on June 09, 2018, 06:09:18 AM We want to present you Step-By-Step Guide to the Lumi wallet. You can learn how to send and receive crypto with Lumi and some more useful tips that help you to keep it safe. I try my best to be careful, because it means a lot
Title: Re: So, do you guys remember Lumi Wallet? Post by: Sam San on June 09, 2018, 06:12:22 AM The problem of fraudulent actions with wallets is always relevant, information security is important, but you need to be careful yourself and protect your money and your data.
Title: Re: So, do you guys remember Lumi Wallet? Post by: Fintan Lee on June 09, 2018, 04:35:36 PM I want to point out the history of lumi HD, which was released in 2017. The original version supported BTC and was available for iOS users. Lumi later launched Ethereum for this platform. The next version was released for Android platform with BTC supported.
Title: Re: So, do you guys remember Lumi Wallet? Post by: Vincent Wright on June 09, 2018, 05:00:44 PM Yes, I remember. The most important thing in storing cryptocurrency is a creation of a special key. This process happens entirely on your device, not on Lumi wallet servers. Private keys are under client control, they are never sent or stored outside of your device.Therefore, when you generate a new wallet, you are responsible for safely backing it up. The Lumi wallet has multi-function (Holding, sending, receiving and in-wallet exchange), multi-assets and multi-token.
Title: Re: So, do you guys remember Lumi Wallet? Post by: lizardbtc on June 09, 2018, 05:26:22 PM Nope, first time I hear about them. The best part when I went to their website is this "The most secure, easy & handy crypto wallet" - most secure until they rip you off by stealing your funds at the end of the day... I see that they are not open source which is another consearn to me. It is difficult for me to use any wallet that is not open source, I mean even with it being open source I wouldn't look up at the code as it is time consuming but it gives me another level of trust.
Title: Re: So, do you guys remember Lumi Wallet? Post by: Lloyd Jacksok on June 10, 2018, 08:20:31 AM I asked google and I got the answer: Lumi Wallet is a cryptocurrency storage which supports the most popular coins and providing users with a high security level and good quality. It is a smoothly designed, completely anonymous and easy to use wallet.
Title: Re: So, do you guys remember Lumi Wallet? Post by: roni12345 on June 12, 2018, 12:15:13 PM Yes! I heard about Lumi Wallet... it is a super secure wallet and it has good privacy.
Title: Re: So, do you guys remember Lumi Wallet? Post by: TryNinja on June 12, 2018, 12:20:38 PM I asked google and I got the answer: Lumi Wallet is a cryptocurrency storage which supports the most popular coins and providing users with a high security level and good quality. It is a smoothly designed, completely anonymous and easy to use wallet. Yes! I heard about Lumi Wallet... it is a super secure wallet and it has good privacy. It's not. Please stop shitposting and read the article.They also never denied or released any statement about them storing their user's seeds. Title: Re: So, do you guys remember Lumi Wallet? Post by: cryptorTUX on June 12, 2018, 12:28:10 PM Yet even that we have article which states the issue I doubt it that people will just stop to use them. Firstly not every dingle user will be notified which brings down that even tough the issue has been found bot every person will know about it. It is good that you wrote this theard as it adds up to spreading the word for people who are using this wallet but do not know how secure it is. It is hard to trust anybody and people are used to go there grab free tool or get free service and go without any mistakes. Everything has its own price sadly.
Title: Re: So, do you guys remember Lumi Wallet? Post by: actuallytwolamas on June 12, 2018, 03:48:23 PM Yes, I remember. The most important thing in storing cryptocurrency is a creation of a special key. This process happens entirely on your device, not on Lumi wallet servers. Private keys are under client control, they are never sent or stored outside of your device.Therefore, when you generate a new wallet, you are responsible for safely backing it up. The Lumi wallet has multi-function (Holding, sending, receiving and in-wallet exchange), multi-assets and multi-token. Have you even read the post and the first answer? Because if you do, looks like you didn't understand anything what was said. Title: Re: So, do you guys remember Lumi Wallet? Post by: Ootsumasu on June 12, 2018, 07:14:52 PM from the first time i accessing bitcointalk I use mew haha
Title: Re: So, do you guys remember Lumi Wallet? Post by: mk4 on June 13, 2018, 10:13:01 AM I was looking for a thread like this one (to see if anyone had already posted this article, otherwise I would). Unfortunately, you posted this in the Bitcoin Discussion board, where the spammers never rest. Because of this, your thread has 0 replies and isn't even on the front page of the board anymore (it got buried pretty quickly by the SMT being pumped every few minutes). Why don't you move it to the "Web Wallets" board? Now, back to the topic: this was all the Lumi Wallet team said after the article came out: Quote Dear Emin, Thank you so much for spending your time and helping us make @Lumi_wallet more secure. We would love to get you on board and work together on better product. Please check out our mobile wallet as this is what we concentrated on and where we have most of our users. 💙 https://twitter.com/Lumi_wallet/status/1005172315909492738They didn't even deny it. So I assume the wallet is (or will be) a scam. They also "deleted" their ANN thread when they got called out by Loyce and Lauda (who neg trusted them). Old thread: https://bitcointalk.org/index.php?topic=2372646.0 That tweet from Lumi looks like an automated reply to me, but I don't know. But yeah. It's a huge shame. I really liked the wallet's interface a lot. This is another perfect reason why people should prevent using non-open source wallets as much as possible. Title: Re: So, do you guys remember Lumi Wallet? Post by: brother3 on July 03, 2018, 12:53:47 PM Lumi now supports Atlant token (ATL)
https://cdn-images-1.medium.com/max/800/1*rn5ofmZre9tXl1-c025b2g.jpeg ATL (Atlant) is an ERC20 token that you can now send, keep and exchange in Lumi wallet. https://medium.com/lumiwallet/lumi-now-supports-atlant-token-atl-efb7b6bb262a Title: Re: So, do you guys remember Lumi Wallet? Post by: luckybit1 on July 10, 2018, 07:37:11 PM No,am really some how new into the system.But with this question I have learnt about it.
Title: Re: So, do you guys remember Lumi Wallet? Post by: Simon241084 on July 12, 2018, 11:04:09 AM You can find out how to send and receive passwords with Lumi and some other useful tips to keep you safe.
Title: Re: So, do you guys remember Lumi Wallet? Post by: Jesusghergo on July 12, 2018, 11:18:47 AM Honestly speaking, I never knew what wallet is this Lumi Wallet. Because since I enter the world of the Bitcointalk.org, I only use one wallet which our country made for its citizens since the country I belong supports the crypto currencies.
Title: Re: So, do you guys remember Lumi Wallet? Post by: Lumi_Wallet on September 03, 2018, 12:48:53 PM Yeah, that one cool-looking bitcoin wallet being advertised here on bitcointalk? Yeah, their web wallet sends your mnemonic phrase to their servers, as claimed by Daniel Staudigel. Quote Not only do they send the mnemonic to the server, they store the mnemonic (or a hash of it, but I’m guessing not) on their servers. This is either stratospherically irresponsible or Lumi is a scam wallet aiming to steal everyone’s funds at some point in the future. I haven’t been able to look into how their mobile wallets work, as I don’t have the time to do it the right way (root a phone, blah blah blah) — though I did verify they are at least using strong SSL to send your money to their servers, so at least the guy sitting next to you in Starbucks can’t steal your money… but that’s a small consolation when you’ve just sent your crown jewels to be stored by some faceless web service with zero transparency (though they have lots of blog posts with nebulous claims of security!) It’s only a matter of time before the CEO, a rogue employee, or a hacker sweeps through the database and collects every penny of every Lumi wallet user. Link to medium post: https://medium.com/@dandisagrees/a0cf1dd70fd0 Lumi wallet official account here:) Yes, our web wallet was not client-side at the time of this so-called "research" We did store our user's private keys at our servers but did store them strongly encrypted, so the mnemonic was (and is) actually hashed before being stored. Anyway, we decided that the customer always has the final say, and created a client-side web version. Our new client-side beta is available at https://lumiwallet.com/about-web-new?utm_medium=bitcointalk (https://lumiwallet.com/about-web-new?utm_medium=bitcointalk) Title: Re: So, do you guys remember Lumi Wallet? Post by: siddartha1492 on September 11, 2018, 02:57:30 PM Just today I read about Lumi Wallet on Cointelegraph. Seems like a user friendly wallet. I was going to try their new collectibles wallet for erc-721 tokens, but after reading this, I'll need to research more before using it.
Title: Re: So, do you guys remember Lumi Wallet? Post by: milewilda on September 11, 2018, 07:12:28 PM Yeah, that one cool-looking bitcoin wallet being advertised here on bitcointalk? Yeah, their web wallet sends your mnemonic phrase to their servers, as claimed by Daniel Staudigel. Quote Not only do they send the mnemonic to the server, they store the mnemonic (or a hash of it, but I’m guessing not) on their servers. This is either stratospherically irresponsible or Lumi is a scam wallet aiming to steal everyone’s funds at some point in the future. I haven’t been able to look into how their mobile wallets work, as I don’t have the time to do it the right way (root a phone, blah blah blah) — though I did verify they are at least using strong SSL to send your money to their servers, so at least the guy sitting next to you in Starbucks can’t steal your money… but that’s a small consolation when you’ve just sent your crown jewels to be stored by some faceless web service with zero transparency (though they have lots of blog posts with nebulous claims of security!) It’s only a matter of time before the CEO, a rogue employee, or a hacker sweeps through the database and collects every penny of every Lumi wallet user. Link to medium post: https://medium.com/@dandisagrees/a0cf1dd70fd0 Lumi wallet official account here:) Yes, our web wallet was not client-side at the time of this so-called "research" We did store our user's private keys at our servers but did store them strongly encrypted, so the mnemonic was (and is) actually hashed before being stored. Anyway, we decided that the customer always has the final say, and created a client-side web version. Our new client-side beta is available at https://lumiwallet.com/about-web-new?utm_medium=bitcointalk (https://lumiwallet.com/about-web-new?utm_medium=bitcointalk) Just today I read about Lumi Wallet on Cointelegraph. Seems like a user friendly wallet. I was going to try their new collectibles wallet for erc-721 tokens, but after reading this, I'll need to research more before using it. Research plus feedbacks is all you need. ;) |
