Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Monstar Shawon on October 13, 2020, 06:10:28 PM
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10. Electrum Wallet
It takes place in the list of the best cryptocurrency wallet due to its experience and reliability. It is designed to use cryptocurrency as a regular payment method as it offers easy and straightforward solutions for conducting a transaction. More secure than the online storage and uses a server to download the blockchain instantly.
Electrum best cryptocurrency wallet
Features of Electrum Wallet
The simple payment verification method is used to verify the transactions to enable you to use it as a regular wallet.
Due to its automatic interface, it is effortless to use even for the newbies, and two stages of encryption keep your funds well protected.
It is open-source software, and anyone can contribute to further development.
Privacy is highly maintained, and no data is stored online. The user controls all of his keys and bitcoins, but only the bitcoin is supported.
A recent security breach is reported, although Electrum has already recovered from it. It is a hot wallet, and hackers can get into the individual portfolios.