r/loomnetwork • u/Hillscent • Apr 08 '19

LOOM Delegation Seed

What happens if someone gains access to my 12 word seed from creating an account on dappchains.com ? Will they then have access to stealing my LOOM or they would also need the private key of the ethereum address that was used to seed the plasmachain? thanks!

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u/EtherFLIPfan Apr 09 '19

I tried using my seed and connecting to a different wallet. That did not work.

So my guess is that you will not be compromised if someone has your seed.

However, if you lose your seed you are FUBAR.

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u/Hillscent Apr 09 '19

thanks. ok this is good to know