What is Electrum Wallet?
Electrum is a well-established Bitcoin wallet that has been securing cryptocurrency payments since 2011. Developed by Thomas Voegtlin and maintained by a community of contributors, Electrum provides a user-friendly interface for managing Bitcoin transactions. The wallet offers protection against loss of funds by allowing users to recover their wallet from a secret phrase, eliminating the need to store the entire blockchain locally. This feature ensures quick startup times and accessibility, even in the event of a computer failure or backup issue
Highlights
- Secure Bitcoin wallet with over a decade of operational history
- Wallet recovery from a secret phrase, safeguarding against data loss
- Fast startup without the need to download the complete Bitcoin blockchain
- Open-source development and community-driven maintenance
Features
Command line interface
Crypto Wallet
Peer-To-Peer