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.
The company is providing a simple, single entry point for its dedicated cards, which allow users to immediately withdraw cash directly from their BTC or Naira wallets, make POS and online transactions, and withdraw cash to transfer money at any ATM, as smooth and fast as a regular bank's ATM card. (Sunnewsonline)
The latest version of Electrum 4.0, the Bitcoin wallet, was released On Wednesday, adding support for the Bitcoin Lightning Network, according to Decrypt. The service can be enabled through Electrum's application or through the command-line interface. In an application, the user must search the Information section to open it. The new version of Electrum also supports "Submarine Swaps", allowing people to return bitcoins on the chain in exchange for a lightning network version for a fee.
Bitcoin desktop wallet client Electrum has released a 4.0 beta version, adding several important updates, including support for the Lightning network, nearly a year after the previous version of Electrum, 3.3.8 (last July). In the 4.0 beta version, Electrum mainly added features such as PSBT (partially signed Bitcoin transactions), Lightning Network, watchtowers (暸 watchtowers) and Submarineswaps (subliminal switching). (Github.
The malware supports the theft of multiple digital wallets, including Ethereum, Multibit, Electrum, Armory, Bytecoin, Bitcoin, and more.
Electrum is a popular software wallet that works by connecting to a dedicated server. These servers receive a hash of the Bitcoin address in the wallet and reply with transaction information. Electrum Wallet is fast and has few resources, but by default, it connects to these servers and can easily monitor users. In addition to Electrum, some other software uses public Electrum servers. By 2019, it is a faster and better alternative to BIP37.
Down-to-dimensional security: Bitcoin wallet Electrum was hacked and at least 1,450 BTCs were stolen.
At this time, the SPV-based Electrum wallet became the new favorite of Bitcoin players. Especially for small partners who are new to Bitcoin, editors recommend using electrum wallets.
Chain News, Coin Security announced that it will remove four USDC trading pairs, including ALGO/USDC, FTM/USDC, ONT/USDC, XLM/USDC, USDS/USDC, on January 07, 2020. Coin An also said ALGO, FTM, ONT, XLM, USDS and other trading pairs are available for trading. Zhao Changpeng, founder of Coin Security, said on Twitter that the removal was due to the low liquidity of the deals.
To learn more about Ledger Nano S/X Application, check out the following.