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User loses 1400 BTC to malicious Electrum node

8 pointsby typpoalmost 5 years ago

2 comments

Arntalmost 5 years ago
The answer seems to say: &quot;Because there exists least some user errors that the software cannot guard against, guarding against this class of error isn&#x27;t worthwhile&quot;.<p>My bank manages to block a lot of phishing. If Electrum doesn&#x27;t, does that make Electrum better or worse than fiat-currency banks?
notRobotalmost 5 years ago
This is why you shouldn&#x27;t use a lightweight wallet and should use the official wallet, or at least host a full node.