[nunobrito]

Most people don't know nor use Monero at all.

Most monero users are on the desktop where the common practice is to download and run their own nodes and/or use monero from Android on apps like CakeWallet, where their node is used and assumed as trustworthy.

To give background info: most users are on desktops because monero mining happens using CPU and instead of GPU, so they install the wallet which comes with a miner included and installs the node as well. They basically make some little income every single day and accumulate that profit.

The other miners like GuPax also install a node on the local computer as well, so a large majority of users simply runs nodes locally because they don't want to send their hashes to remote nodes which might fool them.

[abecedarius]

Thanks for explaining. I'm still confused: CakeWallet (and similar) were a reason to doubt the original claim. Are these "popular" wallets rarely used, or are you considering the nodes that they trust as equivalent to your own node?

[nunobrito]

People using monero tend to be well informed, or at least better informed than average crypto users. What I see happening is that most users have at minimum three different wallets: One for mining on the desktop, one "cold" wallet for storing the bulk of their money and then one wallet on cakewallet with pocket money for the convenience of small and fast transactions (e.g. donations, small payments).

From that sense in regards to CakeWallet: Android isn't anywhere secure and there is a real danger that key credentials are stolen by rogue apps. In the end doesn't really matter much about whichever nodes are trusted by cakewallet because the monetary values hosted on those Android wallets don't tend to have much value much to begin with.

I've been a long time user and never saw reports of cake wallet being insecure or people losing their wallet money from there. In either case most people using monero tend to be extra cautious from the start.