Hey, good question. We take security seriously and you can be assured that your privacy is protected. You only share your password and we do not collect any other personal information from you. Think of it like you would rent your wifi to someone in need for cash, its the same except this is just much more convenient and easy and you need not be face to face with the other person.
ONLY password? It's enough for skilled hacker to take control over my network traffic. No need to be face to face? That will only encourage that person to do nasty stuff on my wi-fi network
Hey, well that is a risk involved with all Wi-Fi networks since any network can be compromised and is not 100% safe. That being said the networks you connect to via the app are much more secure than any open networks because the password adds a layer of security. Also, most people do not send sensitive information over untrusted networks if that is important to them. Unfortunately, this is a problem with WiFi technology in general and not WiC in particular. For example, you would often here on the news that even secure government networks are compromised sometimes.
Why make it easier for them by giving away my wi-fi password then?
Hey, it is not that easy for anyone to takeover your network. This is possible though but its got nothing to do with CryptoWi or WiC and is a problem with Wi-Fi technology in itself. Even if you do not use the app, your network can still be hacked since everything online is imminently hack-able. That said, there is no practical incentive for someone to hack your network and do nasty things since it will be much easier for him/her to just use some free WiFi network from Starbucks or McDonalds or somewhere.
Giving your password is a way to earn WiC by opting to rent your WiFi voluntarily. If you are not comfortable with that, you could just use the app to rent WiFi from other people. It is not mandatory to upload your passwords.
