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electrum not receiving funds, Electrum Review: 3 Things to Know (2020 Updated)

Electrum is a popular software wallet that works by connecting to a dedicated server. These servers receive a hash of the Bitcoin address in the wallet and reply with transaction information. Electrum Wallet is fast and has few resources, but by default, it connects to these servers and can easily monitor users. In addition to Electrum, some other software uses public Electrum servers. By 2019, it is a faster and better alternative to BIP37.

electrum get private key, get private key electrum

Suppose Alan wants to send the message m, Alan has a private key Ka- and a public key Ka plus. Then, when he sends the information to Tyrone, he encrypts the message with the private key, and the information becomes Ka-(m). When Tyrone receives this message, he can use Alan's public key to get the information back, Ka-(Ka-(m) and get the original information m.