Bitcoin Future: electrum bitcoin specs

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Since the end of December 2018, Bitcoin wallet Electrum users have lost 771 BTCs (worth about $4 million) in phishing attacks, according to a study released by Malwarebytes Labs. Electrum is known to implement a variant of a technology called Simplified Payment Verification (SPV), which allows users to send and receive transactions without having to download a full copy of the Bitcoin blockchain. An attacker is exploiting a vulnerability that anyone can manipulate a public Electrum peer to carry out an attack. (TNW)

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According to recent LTC news and updates, the Litecoin Foundation has moved from the previous Electrum Multi-Signature Wallet to BitGo Multi-Signature Wallet to simplify money management. The Litecoin Foundation warns users to be vigilant when donating because they recommend stopping using the foundation's previous address. Litecoin (LTC) remains the seventh-highest-value cryptocurrencies on the market, above BNB and below Bitcoin SV (BSV).

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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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There are several Litecoin wallets to choose from! Such a good wallet - Electrum Litecoin wallet! View exclusive reviews on Electrum.

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MeconCash has partnered with the Litecoin Foundation to integrate Litecoin into its M.Pay platform, allowing Litecoin holders to send money from overseas to South Korea and receive fast cash, The Daily Hodl reported on February 27. Litecoin users can also purchase products on MeconMall at MeconCash and pay for mobile games that reward them with M.Pay. Through this partnership, Litecoin can now be withdrawn in won on more than 13,000 ATMs in South Korea.