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Santiago de Chile
4 Level
143 Review
386 Karma

Review on Electrum Wallet by Francisco Varela

Revainrating 4 out of 5

Electrum Wallet

Created in November 2011 by ThomasVoegtlin, it is a lite wallet, which means it does not download blockchain, so there are no setup delays and it is always up to date.

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Pros
  • Seed's secure hold, which will be used to retrieve or access our wallet.
  • The start times are instantaneous because it works in conjunction with high-performance servers that handle the most complicated parts of the Bitcoin system.
  • Electrum allows you to create and sign raw transactions directly from the user interface using a form.
  • It features Two-Factor Authentication (2FA) which is a way to add additional security to the wallet.
Cons
  • It is not easy for beginners.