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Electrum's ElectrumX performs better than a personal Electrum server and includes a P2P exploration protocol that enables the wallet app of the average user to automatically find and connect to the server. These features make it a great solution for setting up public Electrum servers.

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It is reported that in order to hide their identity, avoid the search, Zhao used Telegram and cryptocurrencies these two "shields", and only want to enter the high chat room members one-on-one secret chat, their cryptocurrency wallet address told members, therefore, in the doctor's room really know its cryptocurrency wallet address members are not many, crypto-software suddenly became a "crime bed"

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This isn't the first time Thatectrum has appeared in a fake version, with hackers developing a fake encrypted wallet, Electrum, in December, resulting in the theft of nearly 250 bitcoins worth about $1 million. In January, GitHub discovered a fake Electrum wallet called "Electrvm" designed to steal users' money. In February, users of encrypted wallets Electrum and MyEtherWallet reported that they were facing phishing attacks.

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Electrum is another popular Bitcoin wallet that has been around for nearly a decade. Electrum Bitcoin Wallet has been available for all devices since 2011 and was one of the most widely used wallet applications before other alternatives emerged. There are still a lot of people who are still swearing at the Electrum wallet.