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According to the dimensionality reduction security laboratory (, 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

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To give a simple example, before the phone was widely used, if you were to send a quick message to someone far away you could only send a teleconted message. To send a message, you need to go to your local post office to fill out the form and pay the fee based on the number of words contained in the letter. The message is then sent to the nearest telegraph office and then to a distant destination.

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It's not hard to run your own Electrum server and point your wallet to just use it. This restores Electrum to the point where it has the same privacy and security attributes as the full node, where no one else can see the address or transaction that the wallet is interested in. Electrum then becomes an all-node wallet.