consequence of hardware wallet, wallet password being compromised

consequence of hardware wallet, wallet password being compromised

when you create a monero wallet using a hardware wallet, the HW says they are exporting a watch only account. The monero gui also asks for a wallet password and stores something in your file system. If your wallet password is compromised and this file is stolen what could an attacker achieve?

could they permanently monitor every transaction to send and receive from that point or only up to that point when the file was stolen (remotely)?

I am assuming this will severely compromise your privacy

if losing this file can result in you permanently using your privacy even into the future, it could force you to move your funds to a new wallet. Will it be possible to prevent storing this information on your computer – eg have a limited wallet which shows your balance and no transaction history?

eg confirmed balance and pending balance?

Is Cointiply still the safest site to earn free Satoshis?
Submitted by Spartan3123
via reddit

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Create a website or blog at

Up ↑

Create your website at
Get started
%d bloggers like this: