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Author Topic: Should i believe a person who said"my trust wallet get hacked" ?  (Read 921 times)
Malam90
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August 10, 2021, 01:42:51 AM
 #101

If you use trust wallet or Metamask and your wallet are already imported but you lost your private key or back up, your can still make transactions until your wallet gets logout in trust wallet and you can regain your private key or recovery phrase from setting but once logged out, it won't possible then to recover it after logout. Same in Metamask, if you already imported your Private key, lost your Private key, it can be recovered from settings the wallet your imported in metamask but if you install new metamask and try to recover it won't be possible. So, saving Private key, backup phrase in different files or notebook is a good idea.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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August 10, 2021, 02:48:33 AM
 #102

Since i joined the crypto world i didnt face any problem regrading wallets but i see that many people lose funds...somtimes the situation is normal like when somone share his private key or back up phrase in a scam website...but lets imagine that somone open a nwe wallet on trust and start using it without even keeping the phrase...is there a way to enter his wallet and make transactions without even having the back up phrase?
Long time ago my wallet was hacked, suddenly my ETH sent out automatically to the scammer wallet. This incident not something new in crypto. I am the type of careful person but still got hacked, maybe there is an unintentional mistake that I made and I forgot. Phrase or private key is something important and we should always have a backup in a safe place. If you ask can we do transactions without a phrase? the answer is yes if you are still logged in to the wallet, and the answer is no if you are logged out and do not have a backup phrase.
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