use blockchain.info or electrum, Wallets 101: How to use a cryptocurrency wallet

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)

Giant whale stolen 260 million yuan of assets, or due to defects in the Blockchain.info security system

This is the case with software wallets such as Bita/Electrum or hardware wallets such as Trezor/Ledger.

Versions of electrum Bitcoin wallets can be synced automatically on different computers. If users want to use other client programs or online services in the future, they can easily export keys or import them into cold wallets.

Electrum LTC Wallet is a desktop-based cryptocurrencies wallet that supports Litecoin. Here are some aspects of wallets: Like its predecessor, Electrum- Bitcoin Wallet, open source wallets can be found on GitHub, where anyone can view or upgrade codes.

Bitcoin wallet blockchain.info.

Bitcoin wallet blockchain.info.

Electrum is easy and fast to use. Your Bitcoin Electrum client does not need to download the entire data chain, only the download section can be used, which is based on the SPV principle proposed by Mr. Tsing. The designer will explain the design model of SPV in detail later.

Use BitHD shields and knives to prevent "message defects" attacks on Electrum wallets.

The Bitcoin Core development team recently updated its list of 73 Bitcoin startups that have announced plans to support SegWit. The list includes well-known Bitcoin wallet service providers Blockchain.info, AirBitz, BreadWallet, TREZOR, Samourai Wallet, Ledger Hardware Wallet, Electrum, GreenAdress, KeepKey and Mycelium.

The best approach is to use Electrum Personal Server, but this is an advanced option and is not without its own dangers.

use blockchain.info or electrum

use blockchain.info or electrum

By default, electrum wallets are randomly connected to a set of Electrum servers. From a privacy perspective, this is not a good thing because it discloses your wallet address and balance to unknown third parties. And unfortunately, many public Electrum servers are run by individuals or groups of blockchain analytics companies or worse. Therefore, if you are using an Electrum wallet, it is generally recommended that you run your own Electrum server and then connect the wallet to that server.

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 a message flaw that allows an attacker to send update prompts through a malicious ElectrumX server. This update prompt is very confusing for 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. This captured currency theft attack is not stealing the private key (electrum's private key is generally stored with two-factor encryption), but replaces the transfer destination address when the user initiates the transfer. In this slow fog remind users, transfer, need to pay special attention to whether the destination address is replaced, which is a very popular recent way to steal money. It is also recommended that users use hardware wallets such as Ledger, and if you pair it with Electrum, although the private key does not have any security issues, you should also be alert to the replacement of the destination address.

You can use the Electrum Bitcoin wallet to create native isolated witness addresses that begin with bc1.

Fake: github/electrum-wallet/electrum/releases.