expected confirmation time 25 blocks electrum, electrum expected confirmation time

As of press time, phishing attacks that forged Electrum upgrade notifications have stolen at least 1,450 BTC (the number stolen is officially counted by a user, anti-malware companies Malwarebytes and Electrum), with a total value of approximately $11.6 million. It is worth mentioning that Electrum versions lower than 3.3.4 are vulnerable to such phishing attacks. Users who use Electrum wallets should update to the latest version Electrum 3.3.8 through the official website (electrum.org). At present, v4.0.0 has not been officially released. Version, please do not use the link in the prompt message to update, so as to avoid loss of assets

Electrum client. A veteran security research expert told Hard Fork that if a user installs the problem version of Electrum.

This isn't the first time electrum has appeared in a fake version. In December, nearly $1 million of BTC was stolen when hackers developed a fake encrypted wallet, Electrum. 1 this year.

Instant confirmation time

Instant confirmation time

Optimize synchronization speed when using qtum-electrum for the first time by downloading some blockhead data from CDN.

This "update tip" is not an official act of Electrum, but a phishing attack by an attacker that exploits a message flaw on the Electrum client and the ElectrumX server, which requires the attacker to deploy the malicious ElectrumX server in advance, and the malicious server is localized by the user's Electrum client (because the Electrum client is a light wallet and the user needs the ElectrumX server to broadcast the transaction). At the time of the madness, malicious ElectrumX servers accounted for as many as 71% of the total, and the show doesn't fully count that hundreds of bitcoins have been stolen in this phishing attack over the past year or so.

Bitcoin Wallet Electrum has released a beta version of Electrum 4.0, which supports the Lightning Network.

Electrum upgrade.

Electrum upgrade.

Currently, the average block generation time is approximately 2.5 minutes, generating approximately 576 blocks per day. Litecoin's current block reward is set at 25 pieces per block, which will then be reduced to 12.5 pieces and is expected to occur on August 6 (when the block height reaches 1,680,000)

Electrum Wallet is one of the most popular Bitcoin wallets and has been around for several years. However, Electrum wallet users often rely on Electrum servers, which presents some security and privacy trade-offs. If you use electrum personal servers, Electrum wallet users can connect locally to their own private servers, enjoying the convenience of Electrum without any trade-offs.

The Electrum team has also been developing other features. Electrum Wallet users can view the full release notes here.

Electrum wallets have been hacked in recent days and nearly 250 bitcoins have been stolen, according to blockchain security team Devi Security Labs. This attack, confirmed by Electrum, involves creating a fake version of the wallet to trick users into providing password information. Electrum responded on Twitter that "this is an ongoing phishing attack on Electrum users and advised users to download wallet apps from the official website." Mars Finance reminds users not to install electrum wallets from unknown sources.

Proposer: A consensus cycle produces 250 (25 validation nodes each validation node out of 10 blocks in a row), 25 authentication nodes take turns to become the proposer, test network each verification node out of the block time of 10 seconds, each out of the window period to take 10 blocks.

ViaWallet adds "current network situation" and "expected confirmation time" to the original selection model, allowing you to adjust the transaction fee to the confirmation time you need, achieving a "precision strike" that allows you to complete a transaction at the confirmation time you want without worrying about wasting the transaction fee.

After the BTC and BCC chain forks, so far, the BTC chain has completed the confirmation of 86 blocks, the block height is 478,645, while the BCC chain has only completed the confirmation of 10 blocks, the block height is 478,568.

Reduce block confirmation time

Reduce block confirmation time

Electrum's developers had previously warned of the impersonation: "We warned users not to use Electrum Pro, but we had no formal evidence at the time." "

Click Next." "Your Electrum Bitcoin wallet is now available!"

Dynamic . . . Electrum wallet attacked nearly 250 bitcoins were stolen.

But bitcoin's entire network has long traded at a rate of seven transactions per second, far slower than traditional financial trading systems, while waiting for six blocks of credible confirmation leads to a final confirmation time of about an hour. This speed makes trading much less efficient.

This "update prompt" is not an official act of Electrum, but a phishing attack by an attacker that exploits a message flaw on the Electrum client and the ElectrumX server, which requires the attacker to deploy the malicious ElectrumX server in advance, and the malicious server is localized by the user's Electrum client (because the Electrum client is a light wallet and the user needs the ElectrumX server to broadcast the transaction). At the time of the madness, malicious ElectrumX servers accounted for as much as 71% of the total, and the show did not fully count that hundreds of bitcoins had been stolen in this phishing attack over the past year or so.