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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Electrum Wallet by LUIS RIVERO R

Revainrating 4 out of 5

Bitcoin secure wallet.

This is one of the pioneering wallets in the market, since it is one of the first to be developed for bitcoin, currently it is still focused on this asset.
It is available since 2011, it is open source, it has constant updates since it is supported by a large community.
Compatible with most operating systems available for PC, and an application for android. The desktop version is compatible with popular physical purses.
Simple when using and configuring it.
Security:
It is perhaps the most important aspect for a wallet, in this sense if you are going to use Electrum as your purse feel calm that your funds are well protected, in order to access them you must take into account your security key has a high standard of generation, this is important because if you forget or lose your password will be the only way to access your Bitcoin.
If you do not keep the wallet updated to the most current version, it is possible that there are some security problems.
Recapitulating Electrum is perhaps the most used wallet in the cryptographic world, due to its versatility and security, keeping our assets safeguarded. It has constant development due to its growing community, so if you just want to save bitcoin this is one of the best options to fulfill its role as one of the best.



Pros
  • It is one of the most used wallets, a high percentage of transactions are made from Electrum.
  • If you have a physical wallet, you can use Electrum as your management door.
  • Free code and a large community that is responsible for maintaining updates.
  • Private keys, in possession of the user.
Cons
  • Only bitcoin can be stored.

Comments (1)

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June 28, 2019
I'm running ElectrumG for Bitcoin Gold, ElectrumXZC for Zcoin and I'm sure there are more ! the wonderful world of open source. Sharing is caring.. teamwork makes the dream work :) You know actually one day we will ALL get it like open source and decentralization, everyone wins when you can cooperate not compete ! cooperation is the future of the species ;) Except to solve those Bitcoin blocks...