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Venezuela
4 Level
74 Review
116.5 Karma

Review on Electrum Wallet by Jose Luis Perez

Revainrating 4 out of 5

Focused on a crypto.

Bitcoin is one of the most precious assets today, due to its price and the different opportunities that can be obtained from its implementation, and it is for that reason that those who have this currency seek to protect it in the safest place possible so Electrum Wallet, which is one of the oldest wallets in this open source and crypto market, offers to store BTC for free and authentically secure with fast transactions and an ideal security protocol for those users who use this currency frequently. , since it is the only currency that supports, that is why it focuses on it. It is functional in computers of different operating systems and it is possible to use two-factor authentication, which gives more confidence when storing part of our funds. Also as an important factor, we find that this wallet does not store any kind of personal and private information on any of the servers, thus increasing privacy.
Another feature that makes it attractive is the fact that it does not need to download the entire chain of blocks. It is important to emphasize that it is necessary to document very well before starting to use this type of wallet and that is why the same platform offers material to guide us in its use and thus know how we will have safeguarded our heritage. On the other hand, if you are looking for a wallet that gives you a range of options to store your different currencies, this wallet is not the one you are looking for since it is focused on working with only one: Bitcoin.



Pros
  • It is an open source wallet.
  • One of the ones that has been on the market for the longest time.
  • Safe.
  • It allows you to make transactions quickly.
  • It works on different operating systems.
  • You do not need to download the entire blockchain.
  • It offers a guide to know how to use it.
  • Good security protocol.
Cons
  • Work with only one cryptocurrency.