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RE: SMARTCASH WEB WALLET LAUNCHES: WEB + ANDROID!

in #smartcash7 years ago

Nice one! A web wallet is always handy :) One question though: is it as secure as a desktop wallet? Because I always hear that on webwallets you're dependent on the host's security. Like on exchanges: if the exchange is hacked, you've lost your funds. Is that the case for this webwallet too?

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Hey @rvanstel, thanks for the comment! it is secure because we don't have access to your private keys, so even in the event that the server is hacked, the hacker would not have access to your private keys.

Great! Thanks for the response!