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Author Topic: Ledger wallet and Electrum  (Read 223 times)
Peter789
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May 11, 2017, 11:53:20 AM
 #1

I like all smart investors keep my savings in cold storage. Leger Nano s.

So reading from our good forum I experimented and opened an electrum wallet on my tablet. I opened a watch only wallet using my deposit address. The same address i use weekly for savings.

I found my savings. Does this create a security risk? If anyone got hold of my address they could see what i have.?

Thanks Peter
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May 11, 2017, 01:11:30 PM
 #2

I like all smart investors keep my savings in cold storage. Leger Nano s.

So reading from our good forum I experimented and opened an electrum wallet on my tablet. I opened a watch only wallet using my deposit address. The same address i use weekly for savings.

I found my savings. Does this create a security risk? If anyone got hold of my address they could see what i have.?

Thanks Peter

No there isn't a security risk. All transactions and addresses balances are public on the blockchain anyway. With a watch only wallet, nobody will be able to spend the coins and only see the balances which they could already do if they knew your addresses.

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Peter789
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May 14, 2017, 07:28:59 AM
 #3

Great thanks mate
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