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One of the most anticipated changes to Cryptocurrencies Core 0.18.0 will be the ability to connect users to their hardware wallets (Ledger, Trezor, Digital BitBox, KeepKey, and Coldcard) via the Hardware Wallet Interaction (HWI) tool. This combines one of the most secure ways to store private keys and interact with cryptocurrencies. Hardware wallets are considered secure because the user's private key never leaves the device. Keys are never exposed to the Internet or the computers they are connected to, protecting the hardware wallet from remote hackers. Although you can already use the Electrum personal server to connect the hardware wallet to the Electrum wallet connected to the entire node, HWI will be the first local, hardware-to-node choice for the Bitcoin Core project. Currently, HWI scripts are still only on the command line and require manual procedures to connect hardware wallets.

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By default, electrum wallets are randomly connected to a set of Electrum servers. From a privacy perspective, this is not a good thing because it discloses your wallet address and balance to unknown third parties. And unfortunately, many public Electrum servers are run by individuals or groups of blockchain analytics companies or worse. Therefore, if you are using an Electrum wallet, it is generally recommended that you run your own Electrum server and then connect the wallet to that server.

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The fact that not many people know is that Esplora is bundled with a based and optimized Electrum server. This Electrum server is derived from Electrs and is now maintained separately by the Blockstream engineering team. Over the past two years, Esplora has become one of the fastest and most scalable Electrum server solutions available for Bitcoin due to continuous updates and performance optimization. Esplora is also the only Electrum server that supports liquid networks.