PSA: Using Parity? Update to Critical Fixes!

in #blockchain6 years ago

Parity wallet is the cause of a lot of hacks on ICOs now there was found another potential security issue .

Why mostly big wallets use it? Because they are ICOs and they need multisig that parity gives.. So all hacks and exploits in this wallet give attackers big money.

I persoanlly suggest using a mix of MIST and MEW for ETH or of course a hardware wallet.

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Parity wallet is the cause of a lot of hacks on ICOs now there was found another potential security issue .

Thank you so much for this information I will be very careful about this wallet.

I have never personally used this wallet but its always better to be in the know. Thanks for the heads up man!

That's really a vital notice
I have been wandering why big wallets use it. You really helped me

I am not using it, but still, good to know. Hopefully, a lot of persons who do see this.

Day by day things are getting worse

Ironically, a multi-sig wallet is supposed to make things more secure.

great post sir.

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