Electron Cash, Bitcoin Cash wallet released

Electron Cash is a hardfork of a Electrum Wallet, designed for Bitcoin Cash
31 July
Bitcoin Cash

A new cryptocurrency representing a hard-forked version of Bitcoin, different from it in the blocksize limits

Electron Cash, new Bitcoin Cash wallet released on Monday, 31st of July. Electron Cash is a hardfork of popular Electrum wallet. This is reported by project's official Twitter.

Electron Cash gives you what you love about the popular Electrum Bitcoin wallet, but for Bitcoin Cash. Control your own private keys. Back up your wallet easily with a mnemonic seed phrase. SPV technology provides high security without having to download the blockchain or run a full node.
We have forked the Electrum code repository and added the necessary components for operation with Bitcoin Cash. Multisig and hardware add-ons are NOT supported at this time.
 

Electron Cash Team

Electrum's team studied the code base of Electron Cash and warned users, that it will copy all Electrum-wallets of a user in own directory. This will "cancel" the anonymity of binary files.

Developer's also noted that signer of Electron Cash binaries isn't a real person.

In addition, users are warned about the undesirability of using Electrum and Electron Cash on one machine. It is also recommended to withdraw funds from your Electrum-wallet before importing private keys into Electron Cash. 

Also, Electrum team released a recommendation on how to redeem Bitcoin Cash. 

Ethereum network is still unstable

Byzantium had executed on Monday, but developers aren't ready to call the software transition complete
18 October

Organizations and developers are better off refraining from launching large projects until the Ethereum network is fully stable after the recent Byzantium update. This is said by the Gavin Wood, Parity Technologies head and reported by the Coindesk.

Since new versions of the software were released just days before the fork, much of the network has not yet been updated. So, at the time of press, slightly more than 25% of Parity customers updated, in Geth this indicator is slightly higher - about 59%. So, in total, the update was made about 45% of the network.

Another aspect that should also be taken into account is the short time for testing. In particular, the developers recalled previous versions of the software, discovering critical errors that could make the network vulnerable to DoS attacks or lead to incompatibility between nodes and, as a consequence, network sharing.

Therefore, the question of how safe the network is at the moment is fully justified and, taking into account what has been said above, remains open. This is exactly what Gavin Wood warned, recommending at this stage to refrain from launching large-scale projects.

In addition to the nodes that have yet to update, there is also a possibility that in the current Byzantium software there may be bugs that endanger the security of the Ethereum network. The most dangerous among them is a bug of consensus, in which nodes can not communicate. Its result can be the separation of the block-man into several incompatible chains.

As far as is known, at the moment developers are conducting extensive tests, trying to detect such bugs before they are active. As Gavin Wood says, if the network does contain such a bug, it will take several days to prove itself.

I don't think anyone believed the network was going to self-combust on block 4,370,000.
 

Gavin Wood
Head, Parity Technologies

The head of Parity Technologies is also convinced that if problems are discovered, the Ethereum development team will quickly release new updates designed to prevent any harm to the platform.