All About Lightning Electrum
Coinbase, the US exchange, has recently come under criticism from users and the bitcoin industry for delaying the adoption of SegWit. Due to technical problems caused by high demand in Coinbase, there have been strong calls for SegWit to be a priority. Responding to Coinbase's latest system failure report, Twitter user Cif Ekonom said Coinbase needed to process upcoming transactions in bulk. The online community is also outraged that the exchange has not implemented SegWit, which effectively reduces transaction costs.
Like Bitcoin's core wallet, Electrum Wallet allows users to control their own funds and private keys. Electrum wallets' private keys can also be exported and used on other supported wallets to access funds. Electrum apps are available for Windows, Linux, OSX and Android, but do not support iOS and browser clients.
Electrum-GRS Developer: Kefkius - Tyler from the United States.
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.
Slow fog alert: Bitcoin wallet Electrum "updates phishing" currency theft continues.
Starting today (2/28), Coinbase supports Kyber Network (KNC) in Coinbase and Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive or store KNCs. KNC will be open to customers in all coinbase support areas, except New York state and the United Kingdom.
The new version of the wallet will also include undersea switching, which allows BTC to pass from the Bitcoin blockchain to the payment channel network LN. For this novelty, Electrum is based on Boltz technology. Electrum will charge a commission for this service.
In short, if you are looking for a Bitcoin wallet, then you must try Electrum.