All About Lightning Electrum
In the end, you've completed your first transaction with the Electrum Wallet.
Electrum is one of the most popular Bitcoin wallets and now supports Lightning Network payments.
The latest version of Electrum 4.0, the Bitcoin wallet, was released On Wednesday, adding support for the Bitcoin Lightning Network, according to Decrypt. The service can be enabled through Electrum's application or through the command-line interface. In an application, the user must search the Information section to open it. The new version of Electrum also supports "Submarine Swaps", allowing people to return bitcoins on the chain in exchange for a lightning version for a fee.
How can I easily double-spend BTC's zero confirmation payment with BTC's REPLACEMENT By Fee feature? Someone posted a demo video on YouTube. ()
Completion phase: Apply a global commit or rollback request made through the TM to the TC, TC command RM-driven branch transaction, based on the resolution formed as a result of the execution phase.
Google Authenticator was originally a two-step verification method introduced by Google to reduce malicious attacks on Gmail mailboxes, and has since been supported by many websites. With Google Authenticator, you can avoid security incidents such as the recent Coinbase SMS secondary verification. After you turn on Google Authentication, you'll need to enter a dynamic password on your Google Authenticator in addition to your username and password.
Users can use two-factor authentication for Electrum wallets. This also adds extra security to the wallet.
Users of Bitcoin wallet Electrum are facing phishing attacks, according to Johnwick.io. 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 worth about $11.6 million had been stolen from phishing attacks that faked Electrum upgrade tips. DeViable Security Labs hereby suggests that versions of Electrum below 3.3.4 are vulnerable to such phishing attacks, and users using Electrum Wallet 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, and do not use the link in the prompt to avoid asset losses.
In the half-cycle from 2012 to 2016, the number of transactions on the chain increased tenfold, with transaction fee revenue per block about 0.2 to 0.3 BTC. If Bitcoin is successfully expanded, the volume of transactions on the chain is likely to increase tenfold in the 2016-2020 half-cycle, with fee revenues of 2 to 3 BTCs on the chain, close to 40 to 50 percent of block rewards. At this rate, fee revenue will soon outsweigh block rewards and keep Bitcoin running healthy. But history doesn't assume that Bitcoin's expansion failed, that bitcoin began to become congested before it halved in 2016, that the number of transactions on the chain would remain virtually unchanged by 2020, and that fee revenue would remain almost unchanged, only if congestion caused by the market temporarily rose. Bitcoin lost an opportunity that could have really become a currency.