myetherwallet passoword and private key

numpadxx5

full member

Activity: 431

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Quote from: suryan9860 on November 27, 2017, 04:07:20 PM

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.

rhamzter

sr. member

Activity: 420

Merit: 282

Quote from: mayu13 on February 23, 2018, 07:32:31 PM

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.

mayu13

newbie

Activity: 140

Merit: 0

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.

futureofeth

member

Activity: 686

Merit: 10

Quote from: pacifista on February 20, 2018, 06:37:55 PM

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.

jossiel

hero member

Activity: 2842

Merit: 625

Quote from: pacifista on February 20, 2018, 06:37:55 PM

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.

pacifista

hero member

Activity: 812

Merit: 500

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.

h0lybyte

hero member

Activity: 924

Merit: 511

Quote from: suryan9860 on November 27, 2017, 04:07:20 PM

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

Wipro

hero member

Activity: 924

Merit: 512

Quote from: cryptoman1ac on February 20, 2018, 02:38:48 AM

Quote from: suryan9860 on November 27, 2017, 04:07:20 PM

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 scammer only needs the private key of your wallet and he then can access it and withdraw all your balances as he may. As a beginner, you should be extra careful especially when there is someone asking for personal information or if others would ask you to contribute in exchange for some goods that is very promising and good to be true.

Scammer in the sense you should not be access the fake wallet URL address. Most of the fake sites go using on blockchain. info and myetherwallet to hack the funds. Mass hacking will not work on these both wallet, until you check with the private key on incorrect site. I personally faced this on both these wallet. I do not use any cloud to save details.
I always prefer to save the private key, public address and DAT file on my personal SSD I have.

cryptoman1ac

member

Activity: 182

Merit: 13

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Quote from: suryan9860 on November 27, 2017, 04:07:20 PM

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 scammer only needs the private key of your wallet and he then can access it and withdraw all your balances as he may. As a beginner, you should be extra careful especially when there is someone asking for personal information or if others would ask you to contribute in exchange for some goods that is very promising and good to be true.

Koobtcgal

full member

Activity: 714

Merit: 100

Acewins.io

There are many ways that can be used to assess your myetherwallet account which can be found right after the mew site loads. The two common ones that many people use are either via private key(does not require additional paasword) and json/keystore(requires password).The keystore is the same as the private key only that it has been encrypted which you need to enter a password before accessing it. So the option is yours either to use encrypted private key(keystore/json file) with password or the private without password.

ETHtotheMOON1

jr. member

Activity: 280

Merit: 3

Quote from: suryan9860 on November 27, 2017, 04:07:20 PM

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

unlucky. Password is the way you encrypto the private key, but once you have access to private key itself, you can access the wallet anytime. Well making a video with real mew wallet is kind of like calling to get hacked

BlackPanda

legendary

Activity: 1414

Merit: 1001

Quote from: howlong358 on February 17, 2018, 11:34:47 PM

private key is enough to get all your tokens. so don't ever post your private key or fall into a fishing site. MEW private key is our life as cryptonians.

And even MEW also implies that accessing the account via Private key is very dangerous because everyone can access our account as long as they know the private key we have, Now the technology is getting higher and therefore it could be bad people do remote access to computer we have . So try never to keep private key and make sure we access MEW from computer that has been confirmed safe from software and network that we have.

Myetherwallet announcment :
This is not a recommended way to access your wallet.
Entering your private key on a website dangerous. If our website is compromised or you accidentally visit a different website, your funds will be stolen.

Dlugina23

sr. member

Activity: 504

Merit: 251

He is so reach to public priv key?

howlong358

jr. member

Activity: 154

Merit: 5

private key is enough to get all your tokens. so don't ever post your private key or fall into a fishing site. MEW private key is our life as cryptonians.

otto_diesel

hero member

Activity: 1078

Merit: 696

and also, you dont need to know your passwork, because you can find your pvt key, in json file, with notepad.

bbv4pawn

newbie

Activity: 90

Merit: 0

The difference is not very clearly stated on their website:

private key is enough to get full access to the account
password is used when you access the account with the JSON wallet file

czhen

member

Activity: 308

Merit: 10

keep both your passwords stored in a safe place and there is news saying that there is a fake myetherwallet address and we need to be careful.

zikabra

full member

Activity: 574

Merit: 139

Quote from: suryan9860 on November 27, 2017, 04:07:20 PM

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

Because you need only private key.
If you know private key you can do whatever you like with wallet.
Better keep that safe.

bundo

full member

Activity: 308

Merit: 100

Quote from: lazcemal on November 27, 2017, 04:08:41 PM

password is only protecting the file, thus private key. you can do anything with the private key.

The keyholder can be free to do his job, all he does is steal money from his wallet .. drain it out and enjoy it,''

dadandandadan

member

Activity: 86

Merit: 10

Quote from: suryan9860 on November 27, 2017, 04:07:20 PM

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

private itself is the key to unlock your wallet. This private is the most important key to secure and keep safe because if someone knows your private key then you already are invulnerable on hacking. All of the users are been scammed because of wrong and carelessly used of their private key. As you notice all the victims are surely been hacked because of their unsecured private key and not because of their password.

Topic: myetherwallet passoword and private key (Read 394 times)