The Bitcoin desktop wallet client Electrum has released a beta version 4.0, which adds support for several important updates such as the Lightning Network. This version is nearly a year away from the previous version of Electrum 3.3.8 (July last year)
xvg for electrum
In this demo, Electrum developer Chris Belcher shows how to set up and use electrum personal servers.
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The electrum and Electrum-LTC versions below 3.3.3 are vulnerable to phishing attacks in which a malicious server displays a message asking the user to download the fake Electrum. To prevent user exposure, versions older than 3.3 can no longer connect to public servers and must be upgraded. Do not download software updates from sources other than electrum.org and electrum-ltc.org.
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.
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Well-known Bitcoin wallet Electrum "update phishing" currency theft continues.
The Electrum team has also been developing other features. Electrum Wallet users can view the full release notes here.
For now, whether in terms of Bitcoin investors' price expectations for BT1 and BT2 (0.88:0.13) or Core and BU client user share (73%:6.41 percent): It is difficult for the 2X development group to achieve a smooth transition of majority support without splitting if it implements a 2X hard fork on November 19. Of course, there will be no major changes in the remaining dozens of days, and it is not known.
At the time of writing, at least 1,450 BTCs (stolen by one user, antimalware firm Malwarebytes and Electrum) had been stolen in phishing attacks that faked Electrum upgrade tips, with a total value of approximately $11.6 million.