Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Decentralized Exchanges (DEX) => Topic started by: troll on November 25, 2017, 04:01:31 PM
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There are no Etherdelta accounts. The trading smart contract merely uses the private keys you provide to access your Ethereum wallet in order to execute trades. Etherdelta exchange and staff have NO ACCESS to your wallet or funds. Ethereum wallets are accessed via private keys. It wouldn't matter if there was a 2 factor authentication because only a private key is required to access an Ethereum wallet. Once your keys are stolen, there is no way to protect the funds. That's just how Ethereum wallets work.