Guts, Sorry to repeat coz I am really curious: Why

Question

Cardano Official

Smartyru

Guts, Sorry to repeat coz I am really curious: Why

I have to keep running Cardano data node (vith DM app)? What are benefits of such energy spending to me personally ?

#ada #blockchain #cryptocurrency #english

0

10.03.2022

7 ответов

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HeptaSean

If you mean the node inside Daedalus (I don't know what “DM” is), there are none. Use a light wallet instead. There are also hardly any benefits for the network in letting it run.

0

10.03.2022

Andrew

You don't "have to", you have choices in wallet apps but there are tradeoffs. Daedalus is a "Full Node" wallet app; it downloads the entire Cardano Blockchain directly and verifies it with your computer. This gives you the best accuracy and trust into your wallet balance numbers at any given time. At present, all other Cardano wallet apps are "light wallets"; these are essentially services that download and verify the Cardano Blockchain on your behalf and then let you scan their database for your transactions. Light wallets allow you access without the extra effort, but you have to trust the service provider.

0

10.03.2022

HeptaSean

Andrew
You don't "have to", you have choices in wallet ap...

Concerning light wallets and trust: Your seed phrase and private keys are also stored locally on your computer and *not* sent to their servers. So, also there you only have to have limited trust in them.

0

10.03.2022

Andrew

HeptaSean
Concerning light wallets and trust: Your seed phra...

💯

0

10.03.2022

Smartyru Автор вопроса

Andrew
You don't "have to", you have choices in wallet ap...

Looks like lightweight wallet is not secure enough, right ?

0

10.03.2022

HeptaSean

Smartyru
Looks like lightweight wallet is not secure enough...

Secure enough and heavily used by most people. As long as you don't fall for fake apps. But that's already true for Daedalus. There famously was a fake Daedalus mobile app a while back. More important if you really want security is using a Ledger or Trezor hardware wallet at least for higher values.

0

10.03.2022

GliTↄH_ [pool: 1LOVE] I dont dm first if i do BLOCK AND REPORT ME! · Accepted Answer

GliTↄH_ [pool: 1LOVE] I dont dm first if i do BLOCK AND REPORT ME!

Daedalus has to stay synced to function, if you want a wallet that does not require being online all the time and have long sync periods you would want to pick a different wallet like CCvault Typhon wallet Yoroi etc

0

10.03.2022

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Guts, Sorry to repeat coz I am really curious: Why

7 ответов

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