In a recent announcement on Twitter, Electrum advised users to disable the automatic connection option and manually select a server, while the company is developing a more powerful Electrum.
electrum server vs electrumx
More than 140,000 machines were called into forming a "botnet" to attack Electrum's servers, The Next Web reported. Moreover, the attacker apparently deliberately directed the user to use a malicious server posing as an Electrum server, and could immediately steal their bitcoins as soon as the user synchronized their wallet with such servers.
Hackers launched a denial-of-service (DoS) attack on a well-known wallet Electrum server, according to The Devi Security Lab. Hackers used botnets of more than 140,000 computers to attack Electrum nodes and simultaneously deployed malicious nodes. When a user connects to these malicious nodes and sends a transaction using an older version of Electrum, the user is prompted to update the client carrying the backdoor. If the user installs the client as prompted, the private key is stolen and all digital assets are lost. Millions of dollars of digital currency have been stolen, according to Electrum officials. De-dimensional Security Labs recommends that users of electrum wallets be updated to the latest version of the client through the official website and never use the link in the prompt message.
Now, the so-called most important first point, performance, wave field 10000TPS vs Ethereum 25TPS, is it relying on Baidu's cloud server?
From August to September, the Bitcoin wallet Electrum was phished twice by hackers. According to statistics from various parties, the phishing attacks forged Electrum upgrade notifications have stolen at least 1,450 BTC worth $11.6 million.
According to a Post on Reddit on March 26, YouTube inadvertently posted about BTC Wallet Electrum.
Qtum Electrum Tutorial Qtum Electrum Light Wallet.
Index servers are mostly difficult to install and run in a production environment, such as Insight servers that need to reset APIs for certain types of data, followed by WebSockets and socket.io. In addition, the electrum server uses stratum.
Electrum ECIES is a JS/Golang library that encrypts and decrypts data in just one line of code.
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.