Bitcoin Future: electrum-server rebuild

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Your Electrum wallet uses a third-party server that can see all your Bitcoin addresses and transactions. And when you connect to it through Tor, the server doesn't know your real IP address. Since you only use one Bitcoin address once and never use it again, the server cannot link it to any other address group. When you spend the entire balance, there is no zero address where the information can be disclosed. Even with third-party servers, this setting can actually create a lot of privacy.

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To save the entire Bitcoin blockchain on your hard drive and stay connected at all hours, this is often not the case on your mobile device. Fortunately, with some configurations, we can also use the nodes at home when we are away. The best thing to do here is Electrum Personal Server, an easy-to-install package that can be installed on your Bitcoin node. Then you can run an Electrum wallet on your laptop or phone and connect to a node at home (perhaps via Tor)

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According to Johnwick.io, we will continue to monitor and track the further flow of funds after a recent user submitted a coin-losing incident claiming that the download used an Electrum wallet had been phishing and that more than 700 bitcoins had been lost, and that the stolen address had been added to the Devi AML system. It is reported that malicious websites (electrumsecure) fake Electrum website phishing attacks, to guide users to download and use the wallet, in order to steal the user's private key and other sensitive data. Devi Security Labs is here to remind users not to install unknown sources of Electrum wallets, to avoid asset losses. Electrum Official Website: electrum.org Electrum Phishing Website: electrumsecure.

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As mentioned earlier, because electrum light wallets are different from Bitcoin light wallets such as MultiBit or Breadwallet, they cannot communicate directly with bitcoin full nodes and can only communicate with electrum.

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According to the slow fog zone, the Phishing attack by Electrum forged upgrade tips has stolen at least 200 BTCs, and this attack cannot be avoided by upgrading Electrum alone, requiring the entire ecological service to make corresponding changes (because Electrum is not a full node, and then on the transaction broadcast and the corresponding server has a message communication, the attacker can also deploy a malicious server)

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The Healthy Security Lab is concerned that Nearly 250 bitcoins have been stolen in a recent hacking attack on an Electrum wallet. This attack, confirmed by Electrum, involves creating a fake version of the wallet to trick users into providing password information. Electrum responded on Twitter that "this is an ongoing phishing attack on Electrum users and advised users to download wallet apps from the official website" and that The Healthy Security Lab advised users not to install an unknown source of Electrum wallets to avoid being tricked.