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electrum ltc takes forever to connect, r/Electrum - Accidentally sent some LTC to Electrum wallet.

2021-10-14 15:22  Category : Download  

April 9 (Xinhua) -- Popular Bitcoin wallet Electrum announced on the 8th that the server was hit by a denial of service (DoS) attack and is studying the introduction of a more powerful version of the service network, affected users can not automatically connect to the server, will manually choose to connect to the server.

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The Electrum client is a classic light wallet that relies on Bitcoin data from remote servers. Its focus is fast, simple and takes up less resources. It uses a remote server to handle the most complex parts of the Bitcoin system, and you can restore your wallet with a preset secret phrase. RPCAPI is available for business access.

Users of Bitcoin wallet Electrum are facing a phishing attack, according to the Dev Security Lab. Hackers broadcast messages to the Electrum client through a malicious server, prompting the user to update to v4.0.0, and if the user follows the prompt to install this "backdoor-carrying client", the private key is stolen and all digital assets are stolen. At the time of writing, at least 1,450 BTCs (stolen by one user, antimalware firm Malwarebytes and Electrum) had been stolen in phishing attacks that faked Thelectrum upgrade tips, with a total value of about $11.6 million. It is worth mentioning that less than version 3.3.4 of Electrum is vulnerable to such phishing attacks, users using electrum wallets are requested to update to the latest version of Electrum 3.3.8 via the official website (electrum.org), which has not yet been officially released v4.0.0, please do not use the link in the prompt message to update to avoid loss of assets.

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

Electrum LTC wallet.

Chain News, lightweight Bitcoin Wallet Electrum announced that the next version will support Lightning network payment, implemented using Python, Electrum as a Lightning network node, wallet users do not need to run lightning network nodes to make payments, electrum lightning network nodes have been merged into the Electrum master branch.

According to Bleeping Computer, the BTC wallet app Electrom accused a phishing product called Electrum Pro of stealing a user's seed key on May 9 on GitHub 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 BTC URLs managed by Eletrum Pro.

However, after electrum officials said in early 19th that some security mechanisms should be put in place to prevent this "update phishing", many users of Electrum are still in the old version.

Electrum Litecoin Wallet review: Lightweight Litecoin customers.

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

Popular Bitcoin wallet Electrum announced on the 8th, the server was a denial of service (DoS) attack, is studying the introduction of a more powerful version of the service network, affected users can not automatically connect, will manually choose to connect to the server.

Electrum is another popular Bitcoin wallet that has been around for nearly a decade. Electrum Bitcoin Wallet has been available for all devices since 2011 and was one of the most widely used wallet applications before other alternatives emerged. There are still a lot of people who are still swearing at the Electrum wallet.

Electrum.

Hackers launched a denial-of-service (DoS) attack on a well-known wallet Electrum server, according to Johnwick.io. Hackers used botnets of more than 140,000 computers to attack Electrum nodes and simultaneously deployed malicious nodes. When a user connects to these malicious nodes and sends a transaction using an older version of Electrum, the user is prompted to update the Backdoor Client. If the user installs the client as prompted, the private key is stolen and all digital assets are lost. Millions of dollars of digital currency have been stolen, according to Electrum officials. De-dimensional Security Labs recommends that users of electrum wallets be updated to the latest version of the client through the official website and never use the link in the prompt message.

IRC Channel: s electrum-ltc (web chat) on Free-node

You can see that the user can manually specify to connect to their own electrumserver. But most users don't understand the principle and don't build their own electrum server.

It's important to transfer the BTC from your original Electrum wallet (to a new Electrum wallet, a new wallet generated by a new monemone, and back it up), which is important to prevent possible BTC loss.

Click to get the Electrum Personal Server source code and the Electrum Wallet source code.

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