I am trying to use the testrpc, and one of the solutions I found was to run testrpc in one terminal window, and then run Mist --rpc localhost:8545 in another. When doing this, the following warning pops up:
What exactly does this mean? Since it is a localhost, does this matter at all? I am running a private-net, so would anyone benefit from abusing the less secure state? What 'passwords' will be sent ove rthe wire as plaintext?