reply on: Should I Connect My Hardware Wallet To My Full Node? \ stacker news ~bitcoin

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43 sats \ 8 replies \ @Bell_curve 10 Aug \ parent \ on: Should I Connect My Hardware Wallet To My Full Node? bitcoin_beginners

Which manufacturer? Umbrell? Start 9? My node?

21 sats \ 7 replies \ @siggy47 OP 10 Aug

I meant the wallet manufacturer.

195 sats \ 0 replies \ @02bcd3eeb0 10 Aug

If you don't connect it to your own node, it means you are connecting to their node and they can see your balances and IP address. It's terrible for privacy.

43 sats \ 5 replies \ @Bell_curve 10 Aug

Got it

I am going to send this to a friend who is very knowledgeable about this topic

21 sats \ 4 replies \ @siggy47 OP 10 Aug

You have real world friends who are bitcoiners? I'm jealous!

43 sats \ 3 replies \ @Bell_curve 10 Aug

They don’t use SN so I have to forward them stories.

Here is what he said and asked:

If the comparison is between using public nodes elsewhere and using your own node, it's by definition a better option.

When you're broadcasting to or receiving info from your own node, the assumption from your side remains that the node is untrusted.

I think maybe the discussion you reference above is conflating cold wallet's security model with privacy-enhancing aspects of having one's own node.

64 sats \ 0 replies \ @ChrisS 10 Aug

You can do both(cold wallet using privacy of own full node) by using xpubs.

21 sats \ 1 reply \ @siggy47 OP 10 Aug

Your friend's response seems similar to @ChrisS 's below.

43 sats \ 0 replies \ @Bell_curve 10 Aug

I noticed that too

They are different people