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Comments for https://bitcointechweekly.com/briefs/lumi-wallet-insecure-or-scam/

By system
    2018-08-28 11:47:12.058Z
    • 3 comments
    1. D
      difur
        2018-08-28 11:47:12.286Z

        Lumi wallet team member here:)

        Yes, our web wallet was not client-side at the time of this so-called "research"
        We did store our user's private keys at our servers, but did store them strongly encrypted, so the mnemonic was (and is) actually hashed before being stored.

        Anyway, we decided that the customer always has the final say, and created a client-side web version.

        We're planning to release it on August 30th, the previews are available on our social media and in the Product Hunt "Upcoming" section.

        1. Cchakib
            2018-09-24 23:27:22.691Z

            Hi,

            We will try to review it and update our original article accordingly.

            Thanks for stopping by :)

          • M
            In reply tosystem:
            MrPuzzleBox
              2021-02-19 22:14:29.182Z

              It's a SCAM. Their "basic" fees for sending crypto are so high that it often is more then the amount being sent! How does $92 worth of Ether sound to send $90 worth of SNT! I bet you that those recent GIGANTIC ETH fees that made headlines were probably generated by this wallet (they hide the fees in the normal dialog). I would PAY MONEY to see video posted of the developers hanging by a rope attached to the intermediate junction between head & thorax.