Not your code, not your bitcoin. Actually there are a lot of investment scams where the scammers have set up an exchange view for you to login which shows your imaginary profit… For wallets, it is the same. Only trustworthy wallets, audited, etc
I’ve got a question for you guys and it might be incredibly dumb but anyway. nostr:npub1e85mms9s8ssm6vm6ztw0tdrr6j0a4l5gf2sjhw2scxpwnexmaxuqcev9em 2500
Obviously self custodial wallets are better than custodial because you have your own keys but surely if you rely on someone else’s node then you haven’t actually gotten rid of much trust compared to trusting them with your private key. My thinking is that if you trust their software to display the right number according to the Bitcoin blockchain then how easy is it for them to redirect a transaction meant for you to themselves and just display the number you were supposed to receive in your wallet.
Am I being retarded? +500 sats for good answers.
#asknostr
Discussion
Another noob question: if I am using Bitbox, Ledger, Trezor whatever, how to trust their software, was always thinking about this. 🙃
You can check / read into details of Bitbox, I believe someone with code / hardware knowledge can verify the architecture and design…. Didn’t check on Ledger or others… https://bitbox.swiss/bitbox02/security-features/