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We have discussed the types and examples of Bitcoin transactions. Here you can learn how Bitcoin trading works. Today we will explain how Bitcoin addresses work. How many Bitcoin addresses are there? Will the Bitcoin wallet address change? What does a Bitcoin address look like and how does it come about? Let's focus on the topic.

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In fact, the fact that users don't end up using the same Bitcoin address is the "best experience" of using Bitcoin safely, which is one of the reasons why Electrum and other clients provide multiple Bitcoin addresses to send or receive utxos (meaning unspent bitcoins).

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KuCoin Exchange announced that it will officially launch KCS on October 30 to offset KuCoin transaction fees. Users can turn on the KCS transaction fee deduction function in the personal center, after the opening, regardless of the token of the transaction, when the transaction fee is to be paid, the user who uses KCS to deduct the transaction fee, the fee to be paid can enjoy a 20% discount.

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Although I don't think the HWI project is as friendly as Electrum Personal Server at the moment, it should reduce the number of independent software components required.

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Electrum is a world-renowned Bitcoin light wallet with a long history of multi-signature support and a very broad user base, many of which like to use Electrum as a cold wallet or multi-signature wallet for Bitcoin or even USDT (Omni). Based on this usage scenario, Electrum is used less frequently on the user's computer. The current version of Electrum is 3.3.8, and previous versions of 3.3.4 are known to have "message defects" that allow an attacker to send an "update prompt" through a malicious ElectrumX server. This "update tip" is very confusing to the user, and if you follow the prompt to download the so-called new version of Electrum, you may be tricked. According to user feedback, because of this attack, stolen bitcoins are in the four digits or more. This captured currency theft attack is not stealing the private key (electrum's private key is generally stored with two-factor encryption), but replaces the transfer destination address when the user initiates the transfer. Here we remind users that when transferring money, special attention needs to be paid to whether the destination address has been replaced, which is a very popular method of currency theft recently. It is also recommended that users use hardware wallets such as Ledger, and if you pair it with Electrum, although the private key does not have any security issues, you should also be alert to the replacement of the destination address.

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BTC transactions can be rolled back before they are mined by miners, for example, if you send assets to the wrong address, you can cancel the transaction before they are mined.

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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.