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.
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UBTC Electrum Light Wallet Multi-Sign Address Transfer Contract Token Tutorial.
PC Wallet completes the prototyping of the new PC Wallet product, exporting PRD and English Text Electrum wallets.
Qtum Electrum is a Qtum desktop light wallet modified from the well-known Bitcoin wallet Electrum. Compared to the current Qtum Core full-node wallet, Qtum Electrum takes up less disk space and takes less time to synchronize chunks, supports multi-signature and hardware wallets, supports cold wallet mode, supports the import of mnomes into mobile wallets, and uses SPV authentication to ensure security.
Electrum is a software wallet. It provides more security than an online wallet, but less than a paper wallet or hardware wallet.
A clone site masquerading as an Electrum SV wallet has emerged. The cloning site has nothing to do with electrum SV and is designed to steal tokens and create chaos in the BSV community.
The cryptocurrencies wallet Electrum was hacked and lost 250 bitcoins.
Bitcoin desktop wallet client Electrum has released a 4.0 beta version, adding several important updates, including support for the Lightning network, nearly a year after the previous version of Electrum, 3.3.8 (last July). In the 4.0 beta version, Electrum mainly added features such as PSBT (partially signed Bitcoin transactions), Lightning Network, watchtowers (暸 watchtowers) and Submarineswaps (subliminal switching). (Github)
Therefore, using an offline mobile phone or computer as a cold wallet, or a hardware wallet that transmits information over a USB cable, does not completely avoid the exposure of the private key to the network. Palm Cabinet also shares some other attacks on offline computers, offline Android phones, and offline Apple phones in Offline Phone or Computer VS Professional Hardware Wallet.
Article Link : Digital Wallet Electrum Hacked, Loss of 250 Bitcoins (Copy Link)