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RE: MyEtherWallet Hack Explained & Great Tips for Avoiding Hacks

in #cryptocurrency6 years ago (edited)

Upvoted. Thanks for sharing. But how did they reroute funds? My concern is that if they can reroute that website, then why not also Steemit? Now, Steemit has keys (passwords). It has a master password. In other words, Steemit has that security system, about 4 different keys for each Steemit user.

Maybe, Steemit is safer because of that. Maybe the MyEtherWallet website lacks that same blockchain system which maybe can keep us away from hacks, reroutes, etc.

I know a little bit of code. i do some web design. I'm not an expert but I understand a bit. I have heard before of possible, potential, dangers, that websites can have if they are hacked, or if you accidentally submit passwords into the wrong websites which then takes your passwords to log into the real websites to steal your money, accounts, etc. They say online exchanges, like Bittrex, may be dangerous if people got into that to take your money out of that.

So, is Bittrex or Steemit a little bit safer than MyEtherWallet or are they all equally as dangerous? I am trying to understand how hackers reroute. Do the hackers intercept transactions between you and the actual servers of the websites?

But I do agree that offline wallets are better.

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