Electrum hackers pre-empted a large number of "normal" electrum servers on the P2P network.

BTCP is now leading the world's top 100 cryptocurrencies by 40.69 per cent, according to coinmarketcap. Bitcoin Private (BTCP) was launched on March 4 by ZClassic fork BTC.

Unlike most Bitcoin forks, BTCP is well thought out. The project has a good development team and has done a lot of testing on the underlying code. Also, the fork date has only recently been announced, and BTCP still has time to fully test the BTCP wallet. It's too early to say, but the rhett-creighton-150x150 project looks promising. By contrast, many recent Bitcoin fork projects Github and Wallet have had problems. The BTCP team wants to avoid repeating the mistakes of fork projects such as Bit Gold.

According to an official statement released on December 24th, the development team behind Altcoin Bitcoin Private (BTCP) has confirmed that the BTCP, which created 2.04 million units, "never intended to exist on the blockchain".

The Electrum team has announced the attack in an official tweet, saying that "this is an ongoing phishing attack on Electrum users" and reminding users to check the authenticity of the client's source before logging in. The team published its official website, and electrum clients downloaded elsewhere may be problematic.

Google researcher Tavis Ormandy discovered the Bitcoin wallet Electrum.

E-Cash is a forked version of electrum wallet, a simplified payment verification (SPV) wallet for Bitcoin cash. Electronic Cash is available in desktop and mobile versions for Windows, OS X and Linux systems.

If someone's Electrum wallet is connected to one of these servers and tries to send a BTC transaction, they will see an official message telling them to update their Electrum wallet, as well as a scam URL.

Electrum Wallet is one of the most popular Bitcoin wallets and has been around for several years. However, Electrum wallet users often rely on electrum servers, which presents some security and privacy trade-offs. If you use an Electrum personal server, Electrum wallet users can connect locally to their own private servers, enjoying the convenience of Electrum without any trade-offs.

Available, and more wallets are coming soon, including some from established Bitcoin wallet providers such as Trezor and Electrum.