In the face of Coinmetrics' allegation that 2 million BTCP tokens were minted out of the air, the BTCP core development team proposed two remedies for the community to choose from: first, a hard fork BTCP network to remove illegal casting from the system 1.7 to 1.8 million illegally minted tokens; While waiting for the community to reach a consensus, the BTCP core development team has begun to work on the code for the first scenario.
Summary: According to a Reddit post on March 26, youTube, the video-sharing platform, allegedly miscast malicious ads about Electrum, a Bitcoin (BTC) wallet. In a Reddit post, a user named mrsxeplatypus alerts the public about malware and describes how scam ads work: malicious ads masquerade as an Electrum ad, even showing positive links.
BTCP is a branch of Bitcoin and Zclassic (ZCL). The team's goal is to create a cryptocurrency with the same security and recognition as Bitcoin, while inheriting the method of keeping Zclassic anonymous. Bitcoin and Zclassic owners can privacy Bitcoin into point-to-point sharing. In essence, Zclassic is a descendant of Zcash, but no Founder's reward has been found. In this way, Bitcoin Private inherits all the principles of the privacy protection of large zero coins.
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.
Rhett Creighton, a developer of BTCP and ZCL, says nothing can be compared to the security of bitcoin's PoW mechanism. Forks give people the freedom to choose what they want. In response to cyber security risks, Creighton argues that in the next 20 years, since humans don't need to work, most people won't have any cryptocurrencies or private keys, so they don't have to worry. This will be a task primarily for machines and large distributed organizations. (Cryptoglobe)
The Healthy Security Lab is concerned that Nearly 250 bitcoins have been stolen in a recent hacking attack on an Electrum wallet. 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" and that The Healthy Security Lab advised users not to install an unknown source of Electrum wallets to avoid being tricked.
How to claim forked coins
Rhett Creighton, co-founder of BTCP (Bitcoin Private), accused the BTCP team of theft, fraud and mismanagement in a May 23 blog message, according to btcmanager. It follows Creighton's dismissal by the BTCP team in April. He later tweeted a screenshot of his conversation with BTCP chief Jacob Brutman and criticized the lack of communication between the BTCP team and the community. Brutman responded that Creighton's exposure did not help solve the problem. Mr Creighton said more allegations would be made public in the future.
The electrum and Electrum-LTC versions below 3.3.3 are vulnerable to phishing attacks in which a malicious server displays a message asking the user to download the fake Electrum. To prevent user exposure, versions older than 3.3 can no longer connect to public servers and must be upgraded. Do not download software updates from sources other than electrum.org and electrum-ltc.org.
How to claim.
The Litecoin Foundation will migrate from electrum-LTC wallets to BitGo wallets.
Chain News, lightweight Bitcoin Wallet Electrum announced that the next version will support Lightning network payment, implemented using Python, Electrum as a Lightning network node, wallet users do not need to run lightning network nodes to make payments, electrum lightning network nodes have been merged into the Electrum master branch.
In August-September, Bitcoin wallet Electrum was hacked twice, and according to multiple sources, at least 1,450 BTCs worth $11.6 million were stolen from phishing attacks that faked Electrum upgrade tips.
According to coingape, according to BTCP's official blog, a large amount of BTCP will be destroyed at block height 480,000 on February 16 or 17 to reduce the available supply on the market. BTCP has grown by 34.22% in the past 24 hours. BTCP is now trading at $1.47, up 17.39 percent, according to coinmarektcap. (10300)
In addition, small partners who have used Electrum wallets should be aware that with Thecret phrase generated by Electrum, we can recover bitcoin keys on any browser using the Bitcoin Wallet web tool. And Electrum is so secure that there is no evidence that the distributed attack prevention system designed by Dark Wallet will be due to Electrum.