Post
Topic
Board Wallet software
Re: Why do people avoid using closed source wallets?
by
mk4
on 30/10/2020, 05:32:24 UTC
Why? Only a small number of hodlers can read the code in fact.

While this is very true, it's only going to take probably one person that can read code to publicize it if ever a certain wallet software has some malicious code in it. Only one Twitter/Reddit/Bitcointalk post would probably be enough to expose the nefarious wallet's developers.