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Author Topic: How Secured is MyEtherWallet?  (Read 189 times)
aervin11 (OP)
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December 09, 2017, 03:20:30 AM
 #1

In this thread we will talk about how secured is myetherwallet.

First is how can somebody hack my MEW?
1. What he would possibly do to expose my password?
2. What did I do wrong that I can accidentally expose my password.
3. What I didnt do that let me expose my password?
4. How hard to hack mew?

Those are some questions that can help me secure my wallet. Coz if I know how he can harm me, I can defend myself the way he can harm me.
Prevention is better than cure.

Zadicar
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December 10, 2017, 03:05:28 PM
 #2

1. What he would possibly do to expose my password?
No one could able to expose your password as long no one would able to know it.

2. What did I do wrong that I can accidentally expose my password.
They can possibly get your keys through malware,keylogger and phishing site,so be careful.

3. What I didnt do that let me expose my password?
Maybe you mean,what should you do for you not to exposes you keys, then store it offline that no one has an access into it and keep it.

4. How hard to hack mew?
Its wallet and even the site don't have the possession of your keys which means it very hard to hack even a single wallet.

limmousine
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December 11, 2017, 08:49:46 AM
 #3

tips from me, bookmark myetherwallet, check the site address correctly before going into myetherwallet and do not click any links you do not know the source. always routinely scan your pc or laptop with antivirus.
dadandandadan
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December 11, 2017, 11:49:15 AM
 #4

In this thread we will talk about how secured is myetherwallet.

First is how can somebody hack my MEW?
1. What he would possibly do to expose my password?
2. What did I do wrong that I can accidentally expose my password.
3. What I didnt do that let me expose my password?
4. How hard to hack mew?

Those are some questions that can help me secure my wallet. Coz if I know how he can harm me, I can defend myself the way he can harm me.
Prevention is better than cure.


These are the answer as far as I know pertaining on your questions.
1. The things that a hacker can do to expose your password and private key is by seeing it directly, Opening and getting it directly on where you hide and store it, using key loggers to get your private key and password in record and by logging in your private key and password on their site which are popular strategy of hackers nowadays the "pishing". These are the methods that are commonly and can be used by hackers to hack your account.

2. What you did wrong to accidentally expose your password or private key is that you carelessly handled your private key, you let your guard down and give them the opening to hack you, you didn't hide and store  your private key carefully and You've been a victim of some pishing site.

3. You can avoid such problem if you carefully handle, store and secure your private keys and password at safe place like on your personal computer and put it in hidden files to be more secure. You should also dt the right ouble check the URL of the site where you gonna log in your private keys and password or better bookmark the secure site to assure that you are on the right and safe site.

4. Its very Hard to hack MEW, Because it has a high security. It is because of their unique and long private keys that are been given on one account per one wallet. This private key compose of 64 characters in the range 0-9 or A-F and thats why its hard for a hacker to guess or pin point the right code or private key for such wallet. Even you use some application that generates different and random private keys you can't easily hacked such wallet because there are lots of them, I may say that if there are a million users of MEW there are still a Billion of MEW account that are not being use, the probability that ones wallet can hack is 1 / 1,000,000 / 1,000,000,000 so i may say that MEW has tough security.       

fourpiece
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December 11, 2017, 01:16:43 PM
 #5

Very secured, and its up to you  how you managed your private keys, hackers will do everything just to steal money from people. You must be careful were you put your privatekeys ,i recomend not to put it on your pc.

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December 11, 2017, 01:59:55 PM
 #6

In this thread we will talk about how secured is myetherwallet.

First is how can somebody hack my MEW?
1. What he would possibly do to expose my password?
2. What did I do wrong that I can accidentally expose my password.
3. What I didnt do that let me expose my password?
4. How hard to hack mew?

Those are some questions that can help me secure my wallet. Coz if I know how he can harm me, I can defend myself the way he can harm me.
Prevention is better than cure.


Here are my answers for your questions
1. In order for a hacker to expose your password is by getting it directly on where you store it, Giving you a pishing site, using different hacking applications such as keyloggers
2. What you may did wrong is that you fall on to thier hand, you didn't handle and secure you private key carefully and you've been a victim of pishing sites.
3. You don't keep your private key on safe. You should keep it on your own security. You didn't double  check such url of a site and fall on the pishers hand.
4. Its so hard to hacked mew if you don't know the private key of such wallet that's why there are plenty of pishing site, by this pishers can obtain your private key with a less effor.

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BumbleBII
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December 18, 2017, 03:50:46 PM
 #7

Keep your Private Key unknown and you'll be safe for long time.
Thats the secret.
But if it is exposes alread create new wallet and learn now.
eagleman
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December 18, 2017, 04:39:47 PM
 #8

First is how can somebody hack my MEW?
1. What he would possibly do to expose my password?
1. Will  send you a link that looks like MEW and trick you to input your password/private key on that phishing link he made.

2. What did I do wrong that I can accidentally expose my password.
2. By not checking the URL address of the website you are visiting, this will put you for being more vulnerable with this thing.

3. What I didnt do that let me expose my password?
3. Bookmark myetherwallet so that you won't be hacked or become a victim.

4. How hard to hack mew?
4. Just like other web wallets, MEW is asking for a security key/private key or JSON (Which ever you prefer) before accessing so it's hard for a simple brute force attack.
nelmari
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December 18, 2017, 05:34:52 PM
 #9

Someone could possibly hack your MEW account when you log in to a phishing site, make sure you bookmark the correct website to prevent hackers from getting into your account. And if ever you exposed or mistakenly give out your private keys then, I think you are not careful enough to make sure or double checked if what you gave out is your personal keys; the only prevention you could probably do is before submitting anything that requires your wallet address, read them a couple of times before entering you addresses.
reflector
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December 18, 2017, 07:17:43 PM
 #10

Someone could possibly hack your MEW account when you log in to a phishing site, make sure you bookmark the correct website to prevent hackers from getting into your account. And if ever you exposed or mistakenly give out your private keys then, I think you are not careful enough to make sure or double checked if what you gave out is your personal keys; the only prevention you could probably do is before submitting anything that requires your wallet address, read them a couple of times before entering you addresses.

Not only myetherwallet bro every online wallet can be hacked especially when you login to the which is similar to concern wallet site. When you surf it on Google search. This frequently occurred for many people and they lost their money in online bitcoin wallet also.
I don't understand still MEW is the private key secured wallet then how it will also used to hack by anyone.

I think some hackers might taken out the money from the wallet he used by the wallet's private key or other information he saved.
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December 20, 2017, 10:06:53 PM
 #11

If you are aware of Phishing sites.
and don't input your private key.
and your the only one who know it.
your MyEtherWallet account
will be very safe.

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bitChipper
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December 20, 2017, 10:53:18 PM
 #12

Important to understand that MEW doesn't hold your private keys, it just allows you to interact with ether
blockchain.

Most important thing to do is bookmark it and make sure that you dont ever click on a phishing link, they have
been going around slack like the plague. Many communities have moved to discord because of it.

MEW and Etherdelta are great steps ethereum community has taken to get closer to a more decentralized trading
and wallet integration.

make sure you keep constant backups of your ether wallet offline. Good luck
Nazarov
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December 21, 2017, 04:47:56 PM
 #13

Never store your keys on your computer, store them on a flash drive for example. Do also have several wallets so that in case of a break-not to lose all the money

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