Bitcoin Future: wallet electrum coins

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A clone site masquerading as an Electrum SV wallet has emerged. The cloning site has nothing to do with electrum SV and is designed to steal tokens and create chaos in the BSV community.

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When an Electrum wallet queries a third-party Electrum server, the server can link two transactions together and know which address is a zero address.

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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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We have two passwords, one is randomly generated seed password, one is the user's own design of the payment password, the seed password is encrypted after storage on the hardware device, the payment password is entered every time you use, when you trade need to enter the payment password, this will generate the corresponding address of the private key, this private key will be signed on the transaction, signed after the private key is destroyed, so called "private key after burning", so as to ensure the true security of the private key.

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BITCOIN, Jan. 8 (Reuters) - Popular wallet developer Electrum has released an emergency patch for a key vulnerability in bitcoin wallets. The vulnerability allows any website hosting an e-wallet to potentially steal a user's cryptocurrency. The vulnerability meant that the password was exposed in the JSONRPC interface, making the hacker completely in control of the wallet. However, the first patch failed to fix the problem, forcing Electrum to release an updated version again Sunday night.