update offline electrum wallet

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BitGo's multi-tiered hosting services include self-managed hosting, institutional hosting using multi-signature wallets, and BitGo's offline safe. The safe stores the private key offline, and when you want to bind to a multi-signature wallet, you can encode to set up a co-signer (to do so). Digital assets can be stored in an offline multi-signature safe that generates and stores the private keys of your personal wallet on a computer completely isolated from the network in minutes. To send money out of your offline wallet, you must sign the transaction offline using BitGo's offline safe. The BitGo website shows more than 75 currencies that can be hosted today, mainly BTC and its forks, ETH, XRP, and more.

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This isn't the first time Thatectrum has appeared in a fake version, with hackers developing a fake encrypted wallet, Electrum, in December, resulting in the theft of nearly 250 bitcoins worth about $1 million. In January, GitHub discovered a fake Electrum wallet called "Electrvm" designed to steal users' money. In February, users of encrypted wallets Electrum and MyEtherWallet reported that they were facing phishing attacks. (Stationer's House)

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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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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. Most interestingly, although the clone site claims to be a BSV wallet, it is full of links to BCH resources, including the Electron Cash (BCH Wallet) library on GitHub.