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How does Electrum Personal Server enhance the security of digital currencies?

avatarChristopher PaianoDec 25, 2021 · 3 years ago3 answers

What are the ways in which Electrum Personal Server improves the security of digital currencies?

How does Electrum Personal Server enhance the security of digital currencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Electrum Personal Server enhances the security of digital currencies by allowing users to have full control over their private keys. With Electrum Personal Server, users can run their own server and connect their Electrum wallet to it, ensuring that their private keys are not exposed to third-party servers or potential security vulnerabilities. This reduces the risk of hacking or theft of digital currencies.
  • avatarDec 25, 2021 · 3 years ago
    By using Electrum Personal Server, users can also verify the authenticity of their transactions directly on their own server. This eliminates the reliance on external servers, which may be compromised or manipulated. With this added layer of security, users can have greater confidence in the integrity of their digital currency transactions.
  • avatarDec 25, 2021 · 3 years ago
    Another benefit of Electrum Personal Server is that it allows users to maintain their privacy. By running their own server, users can avoid sharing their transaction history and personal information with third-party servers. This helps protect their identity and reduces the risk of targeted attacks or surveillance.