entrust your funds with. MultiSig Supported: As you might have noticed during installation, Electrum supports Multi-sig Wallets as well, multi-sig basically means the spending rights of your funds is not centralized just to one system or person, but is instead split between different parties. Followed by three tabs by default, namely History, Send and Receive. 2-Factor Authentication: Electrum wallet uses TrustedCoins remote servers to validate log-in attempts if you choose to use a 2-Factor authentication enabled wallet. SPV Verification: Its the abbreviation for Simplified Payment Verification. No Lock-In: As weve already discussed, youre not bound to be using Electrum specifically in order to use your private key, it supports full export of your keys and they can be used with other Bitcoin clients as well.
Electrum, technologies GmbH, electrum, technologies was founded by Thomas Voegtlin in 2013.
Its mission is to develop, package and distribute.
Electrum software, and to provide services.
Bitcoin users and businesses.
Final Words about Electrum Wallet: So thats all as far as this Electrum wallet review goes folks, I tried my best to paint a clear picture of all the important options and features available with Electrum. The top-bar is designated for the options such as File / Tools etc just like any of your other everyday software. And access that wallet from anywhere. It can also be accessed by clicking on the second icon on the bottom-right screen of Electrum wallet. Also that it minimizes the trust required in other third-parties to validate a transaction to the bare minimum, hence improving your reliability.