Bitcoin Future: bitcoin transaction from electrum taking hours

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Therefore, the use of multi-signature wallets provides additional security. In the Bitcoin ecosystem, it is easy to put them in an Electrum wallet. Multi-signature wallets require confirmation of several private keys in order to sign a transaction.

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In a forum post on Bitcointalk, website administrator Theymos explained: "If at any time in the past you've logged in to Electrum without a wallet password and opened a web page, your wallet might have been stolen." Particularly paranoid people may want to send all bitcoins (BTCs) from their old Electrum wallets to the newly generated Electrum wallet. "

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Lightning Network is Bitcoin's second-tier blockchain protocol designed to provide high-speed transactions for Bitcoin. The nodes in the network are payment channels between parties, allowing each party to send and receive bitcoins from each other.

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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.

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Perhaps the weakest argument is that it refutes the claim that "three of the top six cryptocurrencies are the same Bitcoin forks or clones (Bitcoin Bitcoin Cash and Bitcoin SVs). "

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As of press time, phishing attacks that forged Electrum upgrade notifications have stolen at least 1,450 BTC (the number stolen is officially counted by a user, anti-malware companies Malwarebytes and Electrum), with a total value of approximately $11.6 million. It is worth mentioning that Electrum versions lower than 3.3.4 are vulnerable to such phishing attacks. Users who use Electrum wallets should update to the latest version Electrum 3.3.8 through the official website (electrum.org). At present, v4.0.0 has not been officially released. Version, please do not use the link in the prompt message to update, so as to avoid loss of assets