BitcoinStu on Nostr: "using your own wallet you can validate your own holding on the chain". This is not ...
"using your own wallet you can validate your own holding on the chain". This is not true and suggests you do not understand the technology all that well.
Without a full node validating the entire chain your "wallet" must rely on a 3rd party node to provide it the data. You cannot validate your own "holdings" without a full node with the entire chain validated.
In other words, bcash is not trustless.
Published at
2024-12-02 11:49:35Event JSON
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"pubkey": "e75960285a603026fbca0ff2f0bed5acf12c1994fa2b00686fd17bd4307dafb8",
"created_at": 1733140175,
"kind": 1,
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"content": "\"using your own wallet you can validate your own holding on the chain\". This is not true and suggests you do not understand the technology all that well.\n\nWithout a full node validating the entire chain your \"wallet\" must rely on a 3rd party node to provide it the data. You cannot validate your own \"holdings\" without a full node with the entire chain validated.\n\nIn other words, bcash is not trustless.",
"sig": "809db21c74940481f12a856a65eabe2372efb208bde771ea9efed67b0b7858e94a5a21fa7647bc3e6692908a3f30a02439a28375ab446a9e01d09b5e8bfa6675"
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