All About Lightning Electrum
January 19 (Xinhua) -- Electrum is a world-renowned Bitcoin light wallet with a long history of supporting multi-signatures 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), according to the Slow Fog Security team. 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.
A vulnerability in the well-known Bitcoin wallet Electrum technology has exposed thousands of Bitcoin wallets.
A cold wallet is an unneted wallet, also known as an offline wallet. Hot wallets are wallets that stay online, or online wallets. Do you know how to use TronLink Cold Wallet?
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.
As stated on its technical support page, the BSV node team recommends that all users running BSV node software implement the relevant measures as early as possible, including the operator of the mining node and all "blockchain listeners" (i.e. running instances of Bitcoin SV node software without writing transactions to the blockchain, such as applications, wallets, and exchanges)
Star Daily News Bitcoin Wallet Electrum official Twitter announced that the next version of Electrum will support Lightning online payments. Its lightning node implementation has been consolidated into the main branch of Electrum. Electrum also confirmed that the wallet will adopt a new implementation of in-house development written using Python. (Cointelegraph)