Title: How difficult would it be for an Electrum server operator to go rogue? Post by: linuxnewbie on March 01, 2013, 06:00:13 PM Hello.
How difficult would it be for an Electrum server operator to go rogue and steal my BTC balance? Title: Re: How difficult would it be for an Electrum server operator to go rogue? Post by: Stephen Gornick on March 01, 2013, 07:27:59 PM How difficult would it be for an Electrum server operator to go rogue and steal my BTC balance? Your Electrum client holds the private keys, not the Electrum server. The transactions are signed by the local client, so they are never sent to any server. A remedy could be to perform independent verification on all payments received (e.g., using Blockchain.info or other) before trusting those payment notifications. Here's the Electrum Wiki page: - http://en.bitcoin.it/wiki/Electrum Title: Re: How difficult would it be for an Electrum server operator to go rogue? Post by: btcven on March 02, 2013, 01:03:58 AM Electrum also use SPV to check the information received from the server. You can always use random servers and switch them to check if you are receiveing your actual balance.
Title: Re: How difficult would it be for an Electrum server operator to go rogue? Post by: linuxnewbie on March 02, 2013, 07:47:59 AM Thanks!
So Electrum is as secure as a paper wallet? |