Bitcoin Future: electrum vs mycelium

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Mycelium is an application that provides decentralized storage and allows users to have complete control over the private key. Mycelium uses super nodes to connect to Bitcoin wallets and provides applications that do not download Bitcoin blockchain. Mycelium runs fast and has the feel of being installed and running. Mycelium also offers a local trading function that allows users to trade bitcoins with each other.

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Earlier this month, Electrum detected a DoS attack on its network, allegedly launched by a malicious botnet with more than 140,000 machines, designed to provide Electrum to users.

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When Electrum wallets are synchronized with malicious servers, they are instructed to "update" clients provided by hackers, resulting in the loss of assets contained in older versions. Previously, in December 2018, Electrum.

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From here we find the first way for Bitcoin to fight quantum computers: a public key is used only once, and when the public key is used up, if there is no Bitcoin in the account corresponding to that public key, then even if the quantum computer calculates the private key, there is no point.

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At the time of writing, at least 1,450 BTCs (stolen by one user, antimalware firm Malwarebytes and Electrum) had been stolen in phishing attacks that faked Electrum upgrade tips, with a total value of approximately $11.6 million.

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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.