Bitcoin Future: import wallet from electrum to phone

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Electrum is another popular Bitcoin wallet that has been around for nearly a decade. Electrum Bitcoin Wallet has been available for all devices since 2011 and was one of the most widely used wallet applications before other alternatives emerged. There are still a lot of people who are still swearing at the Electrum wallet.

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Lightning support in Electrum has been around for a long time. Thomas Voegtlin, the founder of Electrum, first told CoinDesk last summer that Lightning would take it to the next version.

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If someone's Electrum wallet is connected to one of these servers and tries to send a BTC transaction, they will see an official message telling them to update their Electrum wallet, as well as a scam URL.

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Bitcoin desktop wallet client Electrum has released a 4.0 beta version, adding several important updates, including support for the Lightning network, nearly a year after the previous version of Electrum, 3.3.8 (last July). In the 4.0 beta version, Electrum mainly added features such as PSBT (partially signed Bitcoin transactions), Lightning Network, watchtowers (暸 watchtowers) and Submarineswaps (subliminal switching). (Github.

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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.

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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.

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A month later, another malicious code designed to steal money from Bitcoin wallets, with 2 million downloads, was used by Fortune 500 companies and small start-ups. The open source project manager in charge of the back-office software said the malicious code was designed for people using a Bitcoin wallet developed by Copay, which was just one of the victims of the malware.