The master password is a mamnote generated using the bip39 protocol consisting of several (12 times) words, while the public-private key pair is seeded with the master password, and the account id or account address calculated by the ed25519 elliptic curve algorithm is encoded by the public key through two sha256 hashs and one ripemd160 hash and then through base58check.
electrum master public key vs receiving address
The Healthy Security Lab is concerned that Nearly 250 bitcoins have been stolen in a recent hacking attack on an Electrum wallet. 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 it was an ongoing phishing attack on Electrum users and advised them to download wallets from the official website.
Users of Bitcoin wallet Electrum are facing phishing attacks, according to Johnwick.io. Hackers broadcast messages to electrum clients through a malicious server, prompting the user to update to v4.0.0, and if the user is prompted to install this backdoor-carrying client, the private key is stolen and all digital assets are stolen. At the time of writing, at least 1,450 BTCs worth approximately $11.6 million had been stolen from phishing attacks that forged Electrum upgrade alerts. Devi Security Labs hereby suggests that versions of Electrum below 3.3.4 are vulnerable to such phishing attacks, and users using Electrum Wallet are requested to update to the latest version of Electrum3.3.8 via the official website (electrum.org), which has not yet been officially released v4.0.0, and do not use the link in the prompt message to avoid asset losses.
Electrum 0.18.8 is available for details at github.
The Electrum team has also been developing other features. Electrum Wallet users can view the full release notes here.
Ledger Nano X will be able to store 100 encrypted assets, and at the end of November, Ledger Nano S began supporting monroe (XMR)
It is highly recommended to generate a backup copy of the SEED phrase because if you lose the phrase, there is no other way to recover your account.
Bitcoin Wallet Electrum has released a beta version of Electrum 4.0, which supports the Lightning Network.
Chain News, the old Bitcoin desktop wallet client Electrum released the official version 4.0, added support lightning network and many other important updates, and has released an update version 4.0.1. Electrum adds features such as PSBT (partially signed Bitcoin transactions), Lightning Network, watchtowers (暸 watchtowers), and Submarine Swaps (submarine switching) for version 4.0.