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Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Electrum LTC Wallet by LUIS RIVERO R

Revainrating 4 out of 5

Electrum LTC wallet

It is one of the best user interface for access to the LTC blockchain
Among its options is that it is not necessary to download the complete chain, making it synchronize quickly with the associated server
It is a good option to store large quantities of LTC since we can create a wallet without connection, creating a secure storage environment.
In general, Electrum LTC has high security standards, offering solutions presented with other wallets since problems related to the weight of the chain are solved and synchronization with the server does not only depend on one but rather changes if necessary avoiding delays.
It is open source and verifiable, launched in 2011 makes it one of the oldest wallets in the market with a good level of security.

In short, it fulfills its purpose. If you are a Litecoin lover I think you will find many good options in this wallet.



Pros
  • Compatible with Windows, OSX and Linux.
  • It is not necessary to download the complete chain
  • Total access to the private key.
  • It allows the creation of cold wallets, for this type of storage.
  • Open source project and supported by the community.
Cons
  • Only available for desktop user.
  • Many users now prefer another type of safer storage.
  • Some previous versions have vulnerabilities.