Why You Should Never Post Your Seed Words

in cryptocurrency •  7 years ago  (edited)

Story of how redditor posted their seed words online thinking it was fine because it didn't work when trying to recover their wallet.

tldr: Author proceeds to write a program to test likely misspelled words and one off error words. Discovers correct seed passphrase, recovers wallet. Less money than expected, runs script to periodically siphon money out of account expecting lagged transaction from exchange. Happy ending.

https://mtlynch.io/stole-siacoins/

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Thanks for the warning! You always need to be very careful of any passwords and never post these online I think. Lucky ending for this one though. Have fun out there and good luck with future posts!