Electrum is a cryptocurrency wallet that is best known for its speed and efficiency. It is a desktop wallet that supports a wide range of cryptocurrencies, including Bitcoin, Litecoin, Dash, and more. Unlike some other wallets, Electrum is open-source and has a strong focus on security.
- Electrum was first released in 2011 by Thomas Voegtlin.
- In 2013, Electrum became the first wallet to implement the 'cold storage' feature, which allows users to keep their private keys offline for added security.
- Since then, the Electrum team has continued to develop and improve the wallet, releasing regular updates to keep up with changes in the cryptocurrency space.
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The desktop wallet that supports a wide range of cryptocurrencies and has a strong focus on security.
Software that allows users to connect their Electrum wallet to their own full node for added privacy and security.
Yes, Electrum is open-source software that is licensed under the MIT License.
Electrum supports a wide range of cryptocurrencies, including Bitcoin, Litecoin, Dash, and more. A full list of supported coins can be found on the Electrum website.
Electrum is known for its strong security features, including 'cold storage' and two-factor authentication. However, as with any cryptocurrency wallet, it is important to take precautions to keep your funds secure.
Electrum does not charge any fees to use the wallet. However, users will need to pay transaction fees to the network when sending cryptocurrencies.
There is no official Electrum mobile app, but there are third-party apps that allow users to access their Electrum wallet on their mobile device.