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Electrum Bitcoin Wallet Setup

June 28 (Xinhua) -- Bitcoin desktop wallet client Electrum has released a 4.0 beta version, adding several important updates to support the Lightning network. Electrum primarily adds features such as PSBT (partially signed Bitcoin transactions), Lightning Network, watchtowers (暸 watchtowers), and Submarine Swaps (subliminal switching).

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Bitcoin wallet Electrum official Twitter announced that the next version of Electrum will support Lightning online payments. Its lightning node implementation has been consolidated into the main branch of Electrum. Electrum also confirmed that the wallet will adopt a new implementation of in-house development written using Python.

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The Electrum development team also warned them that they had nothing to do with a project called Electrum Dark: they used our name without our permission. Be careful with the altcoin version of Electrum, as they are sometimes used as vectors to install malware against your real Bitcoin wallet.

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One of the attacks was carried out through a fake electronic wallet (XLM). The platform issued a warning that the electrum-xlm (dot) information is a bitcoin theft malware. It wrote on Twitter: 'There is no way to easily port wallet software from Bitcoin to Stellar because these are completely different projects. Please do not download the altcoin variant of Electrum unless you really know what you are doing.