I am about to update my Electrum installation from 4.5.8 to the latest 4.7.2 version, and while reading the release notes, it has come to my attention that a feature has been introduced in 4.6 that would allow the user to perform sensitive operations such as spending funds or viewing private keys/seeds without a password.
- Wallet unlocking:
- Wallets can be unlocked in the Qt GUI. When a password-protected
wallet is unlocked, its password is kept in memory, and signing
transactions will not require to enter the password. The unlocked
state is rendered by the 'open lock' icon in the status bar.
- If a wallet needs to sweep anchor channel outputs using extra
UTXOs, the operations will be performed without requiring the
user password if the wallet is unlocked. If the wallet is locked,
the status bar will show a 'password required' button.
I never want these operations to be performed without a password. So I would like to know if the 'open lock' thing is locked by default when you open Electrum and type the wallet password, or is there an option in settings to force this behavior?