Bitcoin Future: electrum wind or emperors hand or fulcrum

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On the other hand, a forced closure means a unilateral closure. Use only in emergency situations where the AINQ node has failed or been hacked. This process takes approximately 5 days and requires 750 confirmations in the blockchain, or the same confirmation. If you use this option, you will need to restore your wallet to a seed-compatible wallet, such as Electrum, once you have the necessary confirmation so that you can see the money.

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Since all DeFi protocols (whether Compound, Fulcrum, SET, Uniswap, Aave, or all the protocols you own) are built on DAI, DAI has only one point of failure, because if DAI stops working, the rest of DeFi's remaining Ethereum will also stop working.

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Basic integration with the electrum server (experimental feature, turned off by default)

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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.

what is you lose your electrum seed?

He later updated his post, adding: "If you don't set your wallet password, theft is trivial." If your wallet password is set well, the attacker seems to be able to get address transaction information only from your wallet and change your Electrum settings, which seem to have a high level of further utilization for me. So if you set your wallet password, you can reduce your panic, but you should still take this seriously. "

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Big Blockchain Intelligence Group Inc. has completed its May 27 acquisition of all issued shares of Netcoins Inc., NTC Holdings Corp. and NTC Holdings USA Corp., DGAP reported Aug. 2. The deal, valued at about $3 million, was paid through the issuance of 37.5 million shares of BIG common stock at $0.08 per share. Netcoins' business is to "develop software that makes it easy for consumers and investors to buy and sell cryptocurrencies through brokerage services"