![]() ![]() However, from a privacy perspective, using your own server avoids having to trust a third party. It's also worth noting that Electrum servers do not necessarily log this information, and many are run by trusted community members or organizations. The primary privacy concern that running your own Electrum server addresses is that it avoids revealing your addresses to a third-party Electrum server. This means that anyone who knows one of your addresses and is looking at the blockchain data can see the transactions associated with that address. However, it's important to note that blockchain transactions themselves are public by nature. Therefore, your addresses and balances aren't being shared with a third party. If you are running your own server, the queries from your wallet go to your own server, which you control, instead of someone else's. Running your own Electrum server doesn't fully solve the privacy issue, but it certainly helps. This data request could potentially expose your wallet addresses, and consequently, your balances, to the server. When you use Electrum wallet or any other wallet that relies on SPV (Simple Payment Verification), the wallet queries an Electrum server to get transaction data. ![]() ![]() Why Run Your Own Electrum Server for Bitcoin or Litecoin? Regardless of their type, all nodes play a part in upholding the decentralized spirit of cryptocurrencies. Nodes come in different forms - full nodes that store the entire blockchain, and lightweight ones that focus on specific parts. One of the ways individuals engage with this transformative shift is by operating their own nodes in the cryptocurrency network.īeing a node operator isn't just about participating it's also about contributing to the network's stability. This means taking control of your wealth and saying goodbye to traditional financial intermediaries. In the world of cryptocurrencies like Bitcoin and Litecoin, it's all about decentralization and financial self-sovereignty. ![]()
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