01/15
2022

does electrum need to stay open to confirm transaction, el electrum

Before a user can apply for an open ETF API, they need to confirm that the off-the-shelf API has been opened and will not be able to effectively open the ETF API if the user does not complete this operation.

Continue with the example above, although you need to confirm Ethereum once to reach L1 finality, to confirm that the transaction is final, you must download the entire rollup status and execute all transactions from last week to ensure that no optimistic rollout block is invalid.

When trading a large number of virtual currencies multiple times, the company does not confirm the transaction and determines whether a suspicious transaction needs to be notified.

In general, Bitcoin allows point-to-point digital transactions between counterparties. Compared to traditional foreign currencies, it does not require a mediator. Therefore, confirm that the transaction is fragmented.

Confirm the transaction.

Confirm the transaction.

Another upgrade under study is the release of a new version of the Electrum-LTC desktop wallet. Electrum-LTC is an SPV wallet that can be used in Windows, Linux, and OS X operating systems.

According to the dimensionality reduction security laboratory (johnwick.io), hackers launched a denial of service (DoS) attack on the well-known wallet Electrum server. The hackers used a botnet of more than 140,000 computers to attack Electrum nodes and deployed malicious nodes at the same time . When users connect to these malicious nodes and use the old version of Electrum to send transactions

Speaking of fee-free, the software can have a lot of small transaction scenarios, if you need fees, many small transaction scenarios will be difficult to achieve, yes, the fee is a bribe to the network, fees to the node, let them confirm the transaction.

The payer needs to confirm that every transaction he receives is a transaction that is not a double-spender approved by most nodes in the system, i.e. that the coin has not been spent on the payer before, i.e. the first transaction. All this is to solve the double flower problem. Note that it just presents a requirement (so you need to build a system...). ) does not give a way to achieve a consensus on the order of transactions.

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 it was an ongoing phishing attack on Electrum users and advised them to download wallets from the official website.

does electrum need to stay open to confirm transaction

does electrum need to stay open to confirm transaction

The worst-case scenario is that the transaction fees obtained from mining are unstable, but this does not actually destroy the entire system, and it will take longer to confirm the transaction until the transaction costs have increased to a certain extent. Due to the need for time preferences, entities (businesses, individuals, etc.) will increase fees to respond to problems that take too long to confirm.

qtum-electrum adds support for offline staking.

This isn't the first time electrum has appeared in a fake version. In December, nearly $1 million of BTC was stolen when hackers developed a fake encrypted wallet, Electrum. 1 this year.

Once this is done (and confirm that the payment has been successfully completed), you can use Blockstream's equivalent to open the payment channel. First, use the command line to locate Blockstream's public key to open the channel. Just like on the test network, it costs a small fee, about 500 bitcoins. You then need to confirm through the monitoring log that the transaction has been completed. A total of three confirmations are required to open a channel.

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