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.
Cosmos vs Polkadot vs ArcBlock.
In this demo, Electrum developer Chris Belcher shows how to set up and use an Electrum personal server.
Researchers at the popular Bitcoin wallet app Electrum have uncovered a malicious shanzhai act aimed at stealing seed keys. The suspicious shanzhai wallet, called Electrum Pro, appeared online in March and has been labeled malware since.
The Electrum team has announced the attack in an official tweet, saying that "this is an ongoing phishing attack on Electrum users" and reminding them to check the authenticity of the client's source before logging in. The team published its official website, and the Electrum clients downloaded elsewhere may be problematic.
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 electrum personal servers, Electrum wallet users can connect locally to their own private servers, enjoying the convenience of Electrum without any trade-offs.
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.
Transaction costs are high. Card organizations charge a low transaction fee of about 1.8%, high or even more than 3%. This is a very large cost for the retail industry.
The next version of Bitcoin Core Wallet and Bitcoinj Wallet both know how to notify users of unconfirmed transactions. BitcoinJ has told users that once the double payment is confirmed, the unconfirmed transaction will be 'killed'
Note: Electrum-XZC is derived from Electrum and uses different seed phrase criteria, so it cannot be imported.