Bitcoin Future: difference between electrum wallet and coinbase

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The attacker set up a large number of malicious servers. Once a user's Electrum wallet is connected to these servers, they see what appears to be an official message when they send a Bitcoin transaction, telling them to upgrade the Electrum wallet, which actually contains a fraudulent URL.

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According to Bleeping Computer, the BTC wallet app Electrom accused a phishing product called Electrum Pro of stealing a user's seed key on May 9 on GitHub 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 BTC URLs managed by Eletrum Pro.

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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.

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June 28 (Xinhua) -- Bitcoin desktop wallet client Electrum has released a 4.0 beta version, adding several important updates to support the Lightning network. Electrum primarily adds features such as PSBT (partially signed Bitcoin transactions), Lightning Network, watchtowers (暸 watchtowers), and Submarine Swaps (subliminal switching).

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Cold Wallet is an offline wallet that is disconnected from the Internet and stores digital currency offline. The user generates a digital currency address and private key on an offline wallet and saves it. Cold wallet is in the absence of any network to store digital currency, so it is difficult for hackers to enter the wallet to obtain the private key, but it is not absolutely safe, random number insecure will also lead to this cold wallet is not safe, in addition to hardware damage, loss may also cause the loss of digital currency, so it is necessary to do a good job of key backup.