Bitcoin Future: electrum cold storage

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However, cold wallets are not 100% secure, and it is reported that 100% of the private keys used to ensure that cold storage does not appear on the web and on your online computer are key to cold storage technology, which makes no sense if you don't. You have to separate your cold storage wallet from your online hot wallet, which is too cumbersome for participants with frequent transactions.

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For example, seeing the development needs of the cold data market, Capital Online timely launched cold cloud storage (iceberg storage) services, for large amounts of archived data to provide long-term (years or even decades), low-cost, online accessible storage services - in the era of big data, only 10% to 15% of the hot and warm data is frequently accessed, the vast majority will gradually cool in a few years, these cool data become "cold data." IDC predicts that the global data cycle will grow to 175ZB by 2025, with cold data accounting for about 80% of the total, and this listing will allow Capital Online to enhance the technical strength and service capabilities of cold cloud storage (iceberg storage) by increasing the number of research and development technicians and service personnel invested in cold cloud storage (iceberg storage).

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Tiered storage of data is the general trend. Liu Gang said: "For frequent data reading and writing, continuous low latency, high IOPS, high bandwidth application requirements should be thermal storage; Hot and warm storage data is called fast data and should be stored on an SSD for this type of data. While big data requires cold storage and extremely cold storage, Western Data has large enterprise hard drives available for storage services. UCloud object storage products help enterprises automate tiered storage of data, archive storage corresponds to cold data storage, UCloud next-generation archive storage products can reduce the storage costs of large amounts of cold data.

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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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Bitcoin desktop wallet client Electrum has released a 4.0 beta version, adding several important updates, including support for the Lightning network, nearly a year after the previous version of Electrum, 3.3.8 (last July). In the 4.0 beta version, Electrum mainly added features such as PSBT (partially signed Bitcoin transactions), Lightning Network, watchtowers (暸 watchtowers) and Submarineswaps (subliminal switching). (Github.

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In August-September, Bitcoin wallet Electrum was hacked twice, and according to multiple sources, at least 1,450 BTCs worth $11.6 million were stolen from phishing attacks that faked Electrum upgrade tips.

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You can download electrum Bitcoin Wallet on the official website "electrum.org". Electrum is also available to users of Ledger Nano S, KeepKey, and TREZOR hardware wallets.