Electrum

What is Electrum?

Electrum is a versatile bitcoin wallet that enables merchants to securely accept cryptocurrencies across websites through SSL-encrypted payment requests. The platform empowers users to safely store and encrypt their private keys, set up recovery phrases to access their funds, and export private keys to external systems. Electrum also equips businesses with the ability to perform identity checks, protect data from malware attacks, and verify historical transactions using simple payment verification (SPV) techniques. Additionally, the application offers a range of features, including offline access, payment processing, two-factor authentication (2FA), and the capability to split spending permissions across multiple wallets. Electrum also helps organizations detect consensus failures between servers and validate block headers sent by those servers. The wallet facilitates seamless integration with various third-party platforms and synchronizes transactional data from external systems without sharing private keys. Users can create both an offline wallet to store Bitcoins and an online wallet to view their transaction history

Highlights

• Secure SSL-encrypted payment requests for merchants
• Encrypted storage and recovery of private keys
• Identity verification and data protection features for businesses
• Offline wallet and online transaction history viewing capabilities