Electrum Lightning

Electrum wallets have been hacked in recent days and nearly 250 bitcoins have been stolen, according to blockchain security team Devi Security Labs. This attack, confirmed by Electrum, involves creating a fake version of the wallet to trick users into providing password information. Electrum responded on Twitter that "this is an ongoing phishing attack on Electrum users and advised users to download wallet apps from the official website." Mars Finance reminds users not to install electrum wallets from unknown sources.

This step is relatively simple, only need to download and install the Electrum wallet on another Internet-connected computer.

Electrum Wallet does not download external scripts. Even if your server is hacked, you won't lose money.

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

It's not hard to run your own Electrum server and point your wallet to just use it. This restores Electrum to the point where it has the same privacy and security attributes as the full node, where no one else can see the address or transaction that the wallet is interested in. Electrum then becomes an all-node wallet.

In addition, the latest version of UBTC Electrum Light Wallet v3.2.8 is available for download.

If you haven't set up Electrum Wallet to be compatible with your phone wallet, you can use the private key to recover the Electrum wallet on your web wallet. Select Wallet - "Private Key" - "Export" on the Electrum wallet and you will export the file qtum-electrum-private-keys.csv or copy only one private key. Select Recover from WIF on your web wallet, paste the private key, and select Confirm. Check that the wallet address is correct. You may need to use Dump as a Key File to save the key file.

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.

In fact, I think the so-called "security" of wallets on the chain is to make a quotation mark, the biggest advantage of wallets on the chain is that wallets can not freely use user assets, which is not a good management and operations team is a considerable constraint. But if operational compliance is a user-specific team, there doesn't seem to be a problem. Of course, we are not opposed to the chain wallet, BTW chain HD wallet is also under development.

Qtum Electrum Light Wallet fixes a number of stability vulnerabilities, see github for details.