Topic: The Jaxx wallet is not secure. Your 12 word wallet back up can be extracted. (Read 983 times)

TryNinja

legendary

Activity: 2758

Merit: 6830

I agree that this is a issue that should be fixed. But I also agree with some things Jaxx's CTO pointed out about the issue:

Quote

- Jaxx is a hot wallet suitable for small amounts
- Jaxx IS NOT cold storage. For large amounts we recommend hardware wallets.
- We expect Users to maintain control of their devices, and we strongly encourage the use of on- device security (ie pin, fingerprint, retina, etc.) in order to secure your ENTIRE device.

pinkflower

sr. member

Activity: 868

Merit: 259

I dont know which sub forum to put this but I think its better to post it here for more visibility because its important. It is very easy to get your seed words in Jaxx and the worse part is the people behind it do not have plans to fix it. Use another wallet.

https://vxlabs.com/2017/06/10/extracting-the-jaxx-12-word-wallet-backup-phrase/

Bitcoin Forum>Bitcoin>Development & Technical Discussion>Wallet software

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