Is Electrum’s Bitcoin God (GOD) Wallet Stealing Your BTC via SEED Phrases? One Redditor Says YES!!!


Is-Electrums-God-Wallet-Stealing-Your-BTC-One-Redditor-Says-YES

According to Reddit user ‘Mimblezimble’, people who download the Bitcoin God (GOD) wallet that is currently available on electrumgod.org, may face the risk of having their Bitcoin stolen by the software.

While this story may sound bizarre at first, Mimblezimble claims that he “caught Electrum’s GoD wallet red-handed” while trying to transmit his crypto seed keys to an unauthorized third party agent. However, since he was smart enough to have his network adapter disconnected while installing the wallet, the software was unable to send out any of his private data.

According to the Redditor:

“The wallet immediately tried to reach the ethereumdark.io site with a view on transmitting the electrum seed to the /electrum/seeds.php?seed={seed} script. This should remind you that whatever else you do, you should NEVER allow the secrets to touch the network.

That is why it is so important to export unsigned transaction to the network-disconnected signer (virtual) machine, sign the transaction there, and import the signed transaction back to the network-connected viewer (virtual) machine. In that case, even if the wallet is subverted, corrupted, or infected, it will not be able to steal your secrets.”

Always Put Your Trust In Hardware Wallets

While crypto experts have time and again told altcoin holders to buy a hardware wallet if they own a substantial amount of digital assets, their advice has often gone unheeded.

Also, more often than not, many of today’s new crypto wallets are designed to steal your BTC. Thus, it is advisable to invest in hardware storage solutions that are not only cheap to procure but also provide a very high degree of safety. Some options worth checking out in this regard include TREZOR, OpenDime, Ledger, or KeepKey.

Some Other Pointers To Bear In Mind At All Times

When choosing a soft-wallet, it is always advisable to visit the product’s website. This should be done in order to check out the wallet’s relevant GitHub links as well as social media profiles and telegram chat rooms. You should also make sure that details related to the wallet’s authors are available (along with their email addresses).

Last but not least, the creation date of the wallet domain page should be checked via Whois. This should be done to ensure that the project is old and has thus been in the game for more than just a few months.

As a final word of advice, even wallet offerings that seem to be trusted and verified on Google Play or the Apple App store should not be blindly downloaded (since online stores many-a-time have ‘untested software’ available on their interfaces as well).





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