Post
Topic
Board Electrum
Re: Electrum Server
by
alomar
on 21/11/2019, 16:18:20 UTC
Electrum nodes (aka servers) can not compromise your security.

I know it's unlikely, but servers get our real IP (if we don't hide it), and the person who owns the server can determine our location (country) by IP address. Although small, there is a possibility that someone could reach the real owner through an IP address, by hacking ISP or with inside job (a corrupt employee inside ISP). Of course, this would only make sense if some Electrum wallet user has a large amount of BTC, and in this way could become a victim of robbery or attempts of social engineering.


If the privacy is your major concern then  you  have an option to run an Electrum personal server and benefit from its use. The only cons of such approach, as I see it, is the necessity to run in background a fully synced  bitcoind. That demon  is naturally going to  consume a lot of  space for blockchain storage which means  you need the disk (preferably SSD) with big capacity, .

this need to run a full Bitcoin node makes no sense to me.  the whole purpose of an lightweight client like Electrum was to avoid this.

would running Electrum behind a VPN be sufficient to obscure my IP address?