this post was submitted on 10 Aug 2023
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
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Monero, XMR, crypto, cryptocurrency
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I think the reason for this is because of cakepay. When you compile the code of cake wallet, it does not include the keys to allow for instant payments for cakepay. The compiled version does contain the official keys to allow instant payments for cakepay. These keys used for instant cakepay payments is to prevent double spend attacks for cakepay.
That being said, sadly no one can truly verify the app.
However the benefits of having your own repo is faster updates which is useful when a coin has a hard fork update. Official F-Droid repo apps updates could take days to be released. And if you can build the app from source and it matches the checksum of the fdroid release, all is good.