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Author Topic: myetherwallet passoword and private key  (Read 394 times)
h0lybyte
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February 20, 2018, 04:48:14 PM
 #21

I was seeing live youtube video of Aaron St. Hilaire just now and that guy unknowingly shared his myetherwallet private key to thousand of people live  and within minute all his token was stolen from his account

I am new and just want to know ,we login to myetherwallet using password and private key .If a hacker see the private key ,how without password he can login to his myetherwallet address and stole all tokens 
While accessing the wallet using private key, you wouldn't require to enter password, your wallet gets open with all functions as soon as you put peivate key on myetherwallet.com.
As am extra factor, if you wish to access the wallet using key-store file, the password becomes necessary, your wallet keys are encrypted in file, without passwprd it is impossible to decrypt them
pacifista
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February 20, 2018, 10:37:55 PM
 #22

It shows only how fast hackers are and how  will  they react to a  wrong move that you made. Keep safe your private keys ,do not give to anyone or putting it in your computer , better save it on your phone and put a strong password for it.
jossiel
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February 21, 2018, 05:42:12 AM
 #23

It shows only how fast hackers are and how  will  they react to a  wrong move that you made. Keep safe your private keys ,do not give to anyone or putting it in your computer , better save it on your phone and put a strong password for it.
They are not fast, its their job to stole funds to other users so they are monitoring every bait that they are setting up.

Don't be a victim of the famous hacking bait of phishing links, don't be too lazy to check if you are visiting the correct link so that you won't and cry when your funds are stolen.

I won't save a private key to my phone cos' it can be stolen too, simply write it on a piece of paper / notebook where you can place it somewhere that you are the only one who knows it.

futureofeth
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February 21, 2018, 08:09:47 AM
 #24

It shows only how fast hackers are and how  will  they react to a  wrong move that you made. Keep safe your private keys ,do not give to anyone or putting it in your computer , better save it on your phone and put a strong password for it.

Their major goal is to hack the people account, but most of the Newbies don't know how to use the wallets and keep sharing their private keys with the others. Better when you are joining any Airdrop if they ask for the private key, don't share your private keys with them.
mayu13
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February 23, 2018, 11:32:31 PM
 #25

Let say your wallet is your safe box.All your treasure coins and tokens are being safe keep there. For you to be able to open it and protect your treasured assets you need password and private key. Your password is your primary code while your private key is uour master code. Both are very important, so learn how to safe keep it without anyone seeing it or known by other too or you'll end up bankrupted.
rhamzter
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February 24, 2018, 08:15:59 AM
 #26

Let say your wallet is your safe box.All your treasure coins and tokens are being safe keep there. For you to be able to open it and protect your treasured assets you need password and private key. Your password is your primary code while your private key is uour master code. Both are very important, so learn how to safe keep it without anyone seeing it or known by other too or you'll end up bankrupted.
Private key is unique so no one can know that especially if you can't shared it or you can't display in your desktop, likewise with the password. Myether wallet is one of the most trusted online wallet in crypto currencies, I know it's hard for us to believe on that but thru my experience I know that all ethereum coins were safe into that wallet.
numpadxx5
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February 25, 2018, 10:02:27 AM
 #27

I was seeing live youtube video of Aaron St. Hilaire just now and that guy unknowingly shared his myetherwallet private key to thousand of people live  and within minute all his token was stolen from his account

I am new and just want to know ,we login to myetherwallet using password and private key .If a hacker see the private key ,how without password he can login to his myetherwallet address and stole all tokens 
the password on MEW is not important, What's important is the private key, because even they know your password they cannot stole your tokens, Private key is only thing you need to open your account.
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