reply on: Sparrow and privacy - what's reasonable? \ stacker news ~bitcoin

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229 sats \ 3 replies \ @Murch 19h \ parent \ on: Sparrow and privacy - what's reasonable? bitcoin

The problem with using an Electrum server is that you leak your entire wallet composition: you literally give the Electrum server the list of addresses you are interested in. It’s that you tell a server that has a high likelihood of being run by surveillants that all your addresses belong to the same wallet which they then can use to tie your wallet to your activity on exchanges and other KYCed businesses.

Regarding the Ledger it depends on the software wallet that you use with the Ledger.

0 sats \ 0 replies \ @Signal312 OP 16h

Also...say you're using something like Blue Wallet on a phone, using it as a hot wallet and making transactions.

What are the privacy implications there - the differences between what a surveillant (interesting new word for me) can capture on Blue Wallet vs. say Sparrow using an public server.

Thanks for your comments.

0 sats \ 1 reply \ @Signal312 OP 18h

And it doesn't help to use a VPN in this situation?

17 sats \ 0 replies \ @Murch 13h

Using a VPN will help obfuscate your actual IP address, but the information that you are leaking, i.e. which addresses belong your wallet, gets transmitted independently of that to the Electrum server.