1 / 5

Electrum: A different digital Bitcoin Wallet.

.Each cryptocurrency needs a compatible wallet for it. Among such wallets is the Electrum Bitcoin wallet which is one of the safeWe normally store currency in a wallet. There are wallets where you can store your virtual coins when it comes to digital currency. While the aim remains the same, these wallets look and work differently fro and secure wallets preferred by the crypto users.<br>

coinpedianews
Download Presentation

Electrum: A different digital Bitcoin Wallet.

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Electrum: A different digital Bitcoin Wallet. .Each cryptocurrency needs a compatible wallet for it. Among such wallets is the Electrum Bitcoin wallet which is one of the safeWe normally store currency in a wallet. There are wallets where you can store your virtual coins when it comes to digital currency. While the aim remains the same, these wallets look and work differently fro and secure wallets preferred by the crypto users.

  2. What is an Electrum Wallet? • Electrum is a lightweight wallet that is designed to be easy to use while also maintaining a high level of security. Electrum is a client based wallet which means that in order to use it you need to download and install it on your computer. The Electrum wallet supports MacOS, Windows, and Linus operating systems. • The Electrum wallet was initially developed by Thomas Voegtlin in November 2011. Electrum is also developed to support hardware wallets such as TREZOR or Ledger. This means your private key will be stored safely offline on the hardware wallet.

  3. Electrum Wallet Features • 1. Interface: The user interface of the wallet is very much easy to use. There are three tabs at the top of the window which allow you to choose between “send”, “receive” and your transaction history.  • 2. Hardware Wallet Support: The Electrum wallet also offers support for the hardware wallets. The Ledger Nano S and Ledger Nano X are the best hardware wallets to use with Electrum wallet. • 3. Cold Storage: The Electrum wallet supports the storage of private keys offline. It has a watch-only mode for online users. • 4. Security: Electrum is password protected and can also encrypt the private key on your hard drive. If the password is lost or the computer is destroyed, you can always recover your funds with the seed phrase. • 5. Customer Support: Electrum has very extensive documentation online, as well as an active BitcoinTalk category where you can get your questions answered. 

  4. Electrum Wallet Supported Currencies • The only supported cryptocurrency by the Electrum wallet is Bitcoin (BTC). There have been clones developed for Bitcoin Cash, Bitcoin Gold, and other coins, though. • Is Electrum Wallet safe?

More Related