With Scam coins, you don’t need to worry about hackers, since the coin itself is sort of “hacked” so why would any hacker bother hacking it anymore when there is no money there except for the original “hacker”.

Telos has now reached a milestone by having gained an interest of hackers since even they think it is worth their time to make a hack to Telos to gain some.

This is also a good tip for any investor, thieves don’t rob empty warehouses, but they rob the ones full of gold.

To be fair, this isn’t the first time hackers have found it worthy of their time to find vulnerabilities in Telos, but we already have had our share of fake wallets and phantom nodes, but there is one difference this time. This time we reached another milestone where not only a hacker hacked but also someone even saw it worthy of dedicating a website for it.

You might have noticed this news item is categorized in the rumors category, this is due to us not having confirmed this bug – for a reason.

So claim is that there is this alternative wallet that you can find from the before mentioned website.

When you use this wallet for staking, you would get more than your fair share of coins. The website claims of having used 30 000 coins for staking and having received 500 more coins in just one day, which sounds pretty good amount, basically an ROI of only 2 months, until everyone else starts using the same of course.

However, this test was made already a month ago, at a time it is actually known that some of the big wallets were not staking, hence it is bit questionable how effective that hack actually is, since there’s a chance that on a single day during that month, staking could have been that profitable anyway, just not for long term.

When the guy, who I suppose to be behind this website, reported about this problem to Pascal, Pascal basically said it was known by him already before and issue is such a minor issue compared to trouble fixing it, that feel free to expose this bug until it is being fixed at next natural fixing moment.

Anyway, if you like, and dare, feel free to download the alternative wallet and stake for example 30 000 coins to perhaps gain 500 coins a day, or perhaps lose 30 000 coins in less than a day, after all, reason, why we don’t, recommend you anything but official wallets is since there have been wallets before which purpose is simply to have access to your coins to move them out of your reach to the alternative wallet creators own wallets.

Maybe you gain some unfair staking rewards, or maybe you just lose a whole bunch of coins for the alternative wallet creator’s wallet. Your choice, Your risk. Personally I will keep away from that wallet, and so should You.