Does your wallet leak your information?

in #bitcoin5 years ago

It's shocking how much information about your finances can be leaked depending of what kind of crypto wallet you have. Josh Ellithorpe, senior software engineer at Coinbase, talks about the different kinds of non-custodial wallets, what you need to be careful of, and what you can do to protect your privacy.

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Privacy is a fundamental human right; I hope as we move into the future, more wallets will become decentralized and privacy-oriented.

Posted using Partiko iOS

What about Atomic wallet? Its a good non custodial wallet?

Posted using Partiko Android

Not sure whether or not it's an spv wallet, you can do some digging or contact them to find out!

👍
~Smartsteem Curation Team

Man it just gets complicated. I think mine is safe but hey probably not I use Wirex? Although not doing many transactions at the moment of no one really takes crypto in the UK. Shame to be honest, keeping pushing it. We are way behind though. 💯🐒

I'm not sure whether wirex is spv, might be good for you to check out

Umm I will have to look into that one can't see a definitive answer anywhere. Just say it uses TLS and 256-bit AES encryption. Will have to look harder when more awake. Oh they are one Steem @wirexapp any answers? 💯🐒

Very good explanation to keep in mind.

Thanks for watching!

So, which is the "best" wallet???

For privacy running a full node is the most secure, but for a lighter weight wallet it seems neutrino and SPV options are the best