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Electrum is a well-known light wallet for Bitcoin that adds new features such as server authentication using SSL to prevent MITM attacks. So unlike other Bitcoin light wallets, Electrum cannot communicate directly with different versions of Bitcoin full nodes, and each startup connects to electrumserver to communicate, and electrum.

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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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A group of Chicago entrepreneurs and investors have joined forces to launch the city's first Bitcoin and blockchain hub. The company has officially opened in Chicagos 1871. Chicago 1871 serves as a hub for startups, with 325 digital start-ups. The Bitcoin Center in Chicago will.

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The connection node generates a random ID. 2. It will contact some of the nodes it knows. 3. It sends a request for the newly generated node ID FIND_NODE find request. 4. The contacted node returns the nearest node they know. Newly discovered nodes are added to the routing table that joins the nodes. 5. Then connect the node to some new nodes it knows. The process then continues iteratively until the connection node cannot find any closer nodes.

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Users of cryptocurrencies Wallet Electrum and MyEtherWallet are facing phishing attacks, according to posts posted on Reddit and Twitter on February 4. The MyEtherWallet team has issued a warning about phishing emails sent to users. Electrum also posted a warning on its website informing users that the electrum version, which predies 3.3.3, is vulnerable to phishing attacks. The company warned its users not to download software updates from other sources. (Cointelegraph)

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When an Electrum wallet queries a third-party Electrum server, the server can link two transactions together and know which address is a zero address.