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Topic: Does Armory Fully Validate Received Transactions? (Read 320 times)

adh
newbie
Activity: 15
Merit: 0
September 04, 2017, 10:43:11 AM
#3
Armory requires a local bitcoind to be available for it to connect to. That is how Armory is able to connect to the Bitcoin network. It connects to the local bitcoind (which should be a trusted peer, after all, it is local) and the bitcoind fully validates all of your transactions and blocks. Armory itself does not fully validate transactions.

Okay, thank you.
staff
Activity: 3458
Merit: 6793
Just writing some code
Armory requires a local bitcoind to be available for it to connect to. That is how Armory is able to connect to the Bitcoin network. It connects to the local bitcoind (which should be a trusted peer, after all, it is local) and the bitcoind fully validates all of your transactions and blocks. Armory itself does not fully validate transactions.
adh
newbie
Activity: 15
Merit: 0
I am reading about the Bitcoin Core features regarding Validation at:
https://bitcoin.org/en/bitcoin-core/features/validation

It mentions under the header "Do You Validate Your Transactions":

Some people confuse supporting the network with helping to protect Bitcoin’s decentralization.

To improve your security and help protect decentralization, you must use a wallet that fully validates received transactions. There are three ways to do that with Bitcoin Core right now:

1. Use the built-in wallet’s graphical mode. If you request payment using the following screen in Bitcoin Core, your received transactions will be fully validated.

2. Use Bitcoin Core as a trusted peer for certain lightweight wallets. Learn more on the user interface page. If you use a secure connection to your personal trusted peer every time you use the wallet, your received transactions will be fully validated.

3. Use the built-in wallet’s CLI/API interface. This is meant for power users, businesses, and programmers. The user interface page provides an overview, the installation instructions can help you get started, and the RPC/REST documentation can help you find specific commands. If you’re using getnewaddress to create receiving addresses, your received transactions will be fully validated.
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