Bitcoin Future: run electrum on ledger nano

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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.

Download Bitcoin Apps

If the user does want to join the Bitcoin blockchain as a node, it means that they need to download a copy of the entire Bitcoin blockchain from the computer (the first download can take several hours). The only reason users want to join the Bitcoin blockchain as nodes is to "mine" new bitcoins.

how to set up google authenticator for electrum?

Use Google Authenticator. Coin ring's old leeks should be no strangers to Google validators. Google Authenticator, a dynamic password tool launched by Google. After setting up Google Verification, each time you need to enter a password action, you need to enter the dynamic password of the Google Authenticator to verify the pass, which is equivalent to an additional layer of protection. The advantage of Google Authenticator is that dynamic passwords are refreshed in real time every minute and can be used without networking.

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Planet Daily News Electrum is a world-renowned Bitcoin light wallet with a long history of supporting multi-signatures and a very broad user base, many of which like to use Electrum as a cold wallet or multi-sign wallet for Bitcoin or even USDT (Omni). Based on this usage scenario, Electrum is used less frequently on the user's computer. The current version of Electrum is 3.3.8, and previous versions of 3.3.4 are known to have a "message flaw" that allows an attacker to send an "update prompt" through a malicious ElectrumX server. This "update tip" is very confusing for the user, and if you follow the prompt to download the so-called new version of Electrum, you may get a trick. According to user feedback, because of this attack, stolen bitcoins are in the four digits or more.

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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.