what currency does electrum support, what does electrum do

2021-11-25

Electrum-LTC is Electrum's community maintenance port, Litecoin's Bitcoin wallet. It is not the official product of Electrum Technologies GmbH, and it is not supported.

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Electrum is a world-renowned Bitcoin light wallet with a long history of multi-signature support and a very broad user base, many of which like to use Electrum as a cold wallet or multi-signature wallet for Bitcoin or even USDT (Omni). Based on this usage scenario, Electrum is used less frequently on the user's computer. The current version of Electrum is 3.3.8, and previous versions of 3.3.4 are known to have "message defects" that allow an attacker to send an "update prompt" through a malicious ElectrumX server. This "update tip" is very confusing to the user, and if you follow the prompt to download the so-called new version of Electrum, you may be tricked. According to user feedback, because of this attack, stolen bitcoins are in the four digits or more. This captured currency theft attack is not stealing the private key (electrum's private key is generally stored with two-factor encryption), but replaces the transfer destination address when the user initiates the transfer. Here we remind users that when transferring money, special attention needs to be paid to whether the destination address has been replaced, which is a very popular method of currency theft recently. It is also recommended that users use hardware wallets such as Ledger, and if you pair it with Electrum, although the private key does not have any security issues, you should also be alert to the replacement of the destination address.

what currency does electrum support

what currency does electrum support

Bitcoin Wallet client Electrum may add support for the Lightning network.

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.

Analysis . . . Bitcoin wallet Electrum "update phishing" currency theft continues.

The world-renowned Bitcoin wallet Electrum "update phishing" currency theft continues.

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Bitcoin Wallet Electrum will support the Lightning network in the next release, and its Lightning nodes have been merged into electrum's main branch, according to Cointegraph. Electrum also confirmed that the wallet will be written in-house development Python.

In addition, small partners who have used Electrum wallets should be aware that with Thecret phrase generated by Electrum, we can recover bitcoin keys on any browser using the Bitcoin Wallet web tool. And Electrum is so secure that there is no evidence that the distributed attack prevention system designed by Dark Wallet will be due to Electrum.

Electrum (Ready)

Electrum (Ready)

Electrum client. A veteran security research expert told Hard Fork that if a user installs the problem version of Electrum.

Shunto touch melon, open the github of the electrum, we find the following code in the electrum/electrum/ecc.py.

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Firewall-friendly: Electrum does not require a specific port in the firewall. It simply polls the server for updates.

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