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2021-08-18

According to the dimensionality reduction security laboratory (johnwick.io), hackers launched a denial of service (DoS) attack on the well-known wallet Electrum server. The hackers used a botnet of more than 140,000 computers to attack Electrum nodes and deployed malicious nodes at the same time . When users connect to these malicious nodes and use the old version of Electrum to send transactions

A new repo qtum-electrum-new was built to add qtum-related features to the latest code for Bitcoin electrum.

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and open the web page, then your wallet may have been compromised. Particularly paranoid people may want to send all BTCs from their old Electrum wallets to the newly generated Electrum wallet.

Qtum Electrum synchronously updates electrum-related code and releases v0.18.9.

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.

Electrum third party.

Electrum third party.

Bitcoin desktop wallet client Electrum has released a 4.0 beta version, adding several important updates, including support for the Lightning network, nearly a year after the previous version of Electrum, 3.3.8 (last July). In the 4.0 beta version, Electrum mainly added features such as PSBT (partially signed Bitcoin transactions), Lightning Network, watchtowers (暸 watchtowers) and Submarineswaps (subliminal switching). (Github.

Send the coin to another wallet for long-term bitcoin storage. There should be a full node behind the wallet, such as the Electrum node pointing to your own Electrum server.

Lesson 1: Third-party Electrum servers can link your two transactions together. This can be avoided by running your own Electrum server, supported by your own full node.

In August-September, Bitcoin wallet Electrum was hacked twice, and according to multiple sources, at least 1,450 BTCs worth $11.6 million were stolen from phishing attacks that faked Electrum upgrade tips.

Electrum tweeted today about the incident, saying it was "a persistent phishing attack on Electrum users" and imploring users to check the effectiveness of the resources they log on to.

To use mnomets to transfer addresses from electrum wallets to web wallets, you need to set Electrum to be compatible with Qtum phone mnomets in the initial installation (and then use phone wallet mnomets to restore phone wallets on Electrum). This setting is screenshot of the Electrum configuration.

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