Post
Topic
Board Electrum
Re: Why trust electrum?
by
Maslate
on 13/10/2023, 07:41:16 UTC
I may not be an expert in the technical aspects of Electrum, but you can trust me 100% on this issue. I've had a friend who fell victim to a compromised application. A message popped up, suggesting an application upgrade, and he unwittingly followed the link to the wrong site. As a result, his seed was stolen, and all his funds were siphoned away. These security issues are no joke, which is why it's crucial that if we decide to update, we should make darn sure we download the update from the official site.

However, even with all these precautions, there's still a risk of losing your hard-earned money. That's why it's smart to use different wallets. If you choose to stick with Electrum, it's a good idea to spread your funds. This way, if one of your wallets gets compromised, it won't wipe out all your assets since you've already diversified your funds.