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Author Topic: Limit Hacking Damage: Using Hash of Wallet address Pre-ICO?  (Read 260 times)
Johnnywelsh (OP)
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August 22, 2017, 10:01:59 PM
 #1

Hi,

Just wondering why with so many start up ICOs getting compromised in the heat of ICOs, why don't companies release a hash value of the Eth wallet they're going to use in the build up to the ICO start date?

That way they don't risk making the wallet address known for people to send early payments etc but it gives people an opportunity to check the address once it goes live and ensure it hasn't been hacked/altered at the last minute to change it to the malicious parties address.

New to the ICO game so maybe some companies do provide this but I haven't seen any yet.

hpmp
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August 22, 2017, 11:55:35 PM
 #2

That is a good question.
The smart idea is to publish the address in advance of ICO or pre-ICO.

That would prevent hacking attempts, because everyone will know the address beforehand.
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