can electrum be a bitcoin address?

2021-07-17

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 a message flaw that allows an attacker to send update prompts through a malicious ElectrumX server. This update prompt is very confusing for 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. Slow fog reminds users that when transferring money, special attention needs to be paid to whether the destination address is 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.

We would like to remind Electrorum users of the "Update Tip", the new version of Electrum in this "Update Tip" is likely to be false, if installed, please transfer Bitcoin out in another security environment in a timely manner. At the same time, we call on the vast number of cryptocurrencies exchanges, wallets and other platforms of the AML wind control system black and monitor such as the above Bitcoin address.

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

Dynamic . . . Bitcoin wallet Electrum was hacked and at least 1,450 BTCs were stolen.

Electrum LTC Wallet is a desktop-based cryptocurrencies wallet that supports Litecoin. Here are some aspects of wallets: Like its predecessor, Electrum- Bitcoin Wallet, open source wallets can be found on GitHub, where anyone can view or upgrade codes.

According to GitHub, Bitcoin Desktop Wallet client Electrum has released a 4.0 beta version, adding several important updates that support lightning networks. Electrum primarily adds features such as PSBT (partially signed Bitcoin transactions), Lightning Network, watchtowers (暸 watchtowers), and Submarine Swaps (subliminal switching).

Reddit user u/normal_rc: 'The attacker set up a lot of malicious servers. Once a user's Electrum wallet is connected to these servers, they see what appears to be an official message when sending bitcoin transactions, telling them to upgrade the Electrum wallet, which actually contains a fraudulent URL.

Why use Electrum? Here are a dozen of the benefits of electrum wallets.

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.

Then, on top of another computer, install the electrum. Create a new wallet and select Import Bitcoin Address or Private Key

When an Electrum wallet queries a third-party Electrum server, the server can link two transactions together and know which address is a zero address.

It's very easy, and most wallets let you do it. For example, with Electrum, simply click the address and click Signature Message

Electrum is a popular software wallet that works by connecting to a dedicated server. These servers receive a hash of the Bitcoin address in the wallet and reply with transaction information. Electrum wallets are fast and have few resources, but by default, it connects to these servers and can easily monitor users. In addition to Electrum, some other software uses public Electrum servers. By 2019, it is a faster and better alternative to BIP37.

can electrum be a bitcoin address

can electrum be a bitcoin address

According to Bleeping Computer, the Bitcoin wallet app Electrom was on GitHub on May 9th, accusing a phishing product called Electrum Pro of stealing a user's seed key and registering a domain name called electrum without Electrum's permission. The Electrum team noted that there was a piece of code indicating that the counterfeit product might have taken the user's seed key and uploaded it to the electrum. Affected users should transfer funds from Bitcoin URLs managed by Eletrum Pro.

(nonce, receiving_address, value, dataitem0, dataitem1... Dataitemn, v,r,s?nonce is the number of transactions that the address has sent, encoded in binary format (e.g., 0 -'', 7 'x07', 1000 -'x03'xd8'). (v,r,s) is a newly generated Electrum-style transaction signature without the private key corresponding to the sending address, and the range of v is 27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . The public key and address can be extracted directly from an Electrum-style signature (65 bytes). The conditions under which the transaction is legal.

Currently, Electrum only supports Bitcoin.

Currently, Electrum only supports Bitcoin.

There are many options on the market, typical of which are Exodus, Electrum, Armory, Green Address, and more.