Why use Electrum? Here are a dozen of the benefits of electrum wallets.
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As mentioned earlier, because electrum light wallets are different from Bitcoin light wallets such as MultiBit or Breadwallet, they cannot communicate directly with bitcoin full nodes and can only communicate with electrum.
Electrum is a world-renowned Bitcoin light wallet with a long history of multi-signature support and a very broad user base, many of which like to use Electrum as a cold wallet or multi-signature wallet for Bitcoin or even USDT (Omni). Based on this usage scenario, Electrum is used less frequently on the user's computer. The current version of Electrum is 3.3.8, and previous versions of 3.3.4 are known to have "message defects" that allow an attacker to send an "update prompt" through a malicious ElectrumX server. This "update tip" is very confusing to the user, and if you follow the prompt to download the so-called new version of Electrum, you may be tricked. According to user feedback, because of this attack, stolen bitcoins are in the four digits or more.
Code protocols have been submitted more than 600 times by nine developers in the past year. Dash improvement protocols have been largely inactive over the past year (bottom, below). DASH Core v0.15 was released in February with improvements to the local UI, memory pool synchronization, and PrivateSend. Electrum, Android and iOS wallets are also updated regularly.
Electrum 0.18.8 is available for details at github.
Users of Bitcoin wallet Electrum are facing a phishing attack, according to the Devi Security Lab. Hackers broadcast messages to the Electrum client through a malicious server, prompting the user to update to v4.0.0, and if the user follows the prompt 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 about $11.6 million had been stolen from phishing attacks that faked Electrum upgrade tips. DeViable 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 Electrum 3.3.8 via the official website (electrum.org), which has not yet been officially released, and do not use the link in the prompt to avoid asset losses.
Versions of electrum Bitcoin wallets can be synced automatically on different computers. If users want to use other client programs or online services in the future, they can easily export keys or import them into cold wallets.
According to the dimensionality reduction security laboratory (johnwick.io), hackers launched a denial of service (DoS) attack on the well-known wallet Electrum server. The hackers used a botnet of more than 140,000 computers to attack Electrum nodes and deployed malicious nodes at the same time . When users connect to these malicious nodes and use the old version of Electrum to send transactions
There is a malicious application for resercess. The program is a slightly modified Tor browser designed primarily to trick people who browse the illegal products of the undersanity. Getting a wallet is fun because it can only be distributed via YouTube videos, which is how less skilled users buy goods from The Rodeo, a so-called underchead market.
Blockchain.info, Electrum Wallet.