Bitcoin Future: mystical quality of electrum

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According to Bleeping Computer, the Bitcoin wallet app Electrom was on GitHub on May 9th, accusing a phishing product called Electrum Pro of stealing a user's seed key and registering a domain name called electrum without Electrum's permission. The Electrum team noted that there was a piece of code indicating that the counterfeit product might have taken the user's seed key and uploaded it to the electrum. Affected users should transfer funds from Bitcoin URLs managed by Eletrum Pro.

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However, after electrum officials said in early 19th that some security mechanisms should be put in place to prevent this "update phishing", many users of Electrum are still in the old version.

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Electrum Wallet is one of the most popular Bitcoin wallets and has been around for several years. However, Electrum wallet users often rely on electrum servers, which presents some security and privacy trade-offs. If you use an Electrum personal server, Electrum wallet users can connect locally to their own private servers, enjoying the convenience of Electrum without any trade-offs.

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If you haven't set up Electrum Wallet to be compatible with your phone wallet, you can use the private key to recover the Electrum wallet on your web wallet. Select Wallet - "Private Key" - "Export" on the Electrum wallet and you will export the file qtum-electrum-private-keys.csv or copy only one private key. Select Recover from WIF on your web wallet, paste the private key, and select Confirm. Check that the wallet address is correct. You may need to use Dump as a Key File to save the key file.

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If you haven't set up Electrum Wallet to be compatible with your phone wallet, you can use the private key to recover the Electrum wallet on your web wallet. Select Wallet - "Private Key" - "Export" on the Electrum wallet and you will export the file qtum-electrum-private-keys.csv or copy only one private key. Select Recover from WIF on your web wallet, paste the private key, and select Confirm. Check that the wallet address is correct. You may need to use Dump as a Key File to save the key file.