First exclusive Bitcoin wallet
Electrum wallet was created in 2011 as the first Special Bitcoin Wallet. Electrum is a type of software Wallet that has cool security. An interesting point that can be said, is that just support Bitcoin and never Covered another coin.
Electrum Similar WalletsKnowing similar wallets to Electrum gives you a wider choice.
Know more about Electrum
What is Electrum Wallet?
Electrum wallet is a special wallet for Bitcoin that has a simple and streamlined user interface. This Wallet is the most trusted wallet for people because it was the oldest Bitcoin wallet and was created in 2011.
Electrum wallet just supports Bitcoin and never patronages other digital currencies. This is true even for Bitcoin-dependent instances such as Bitcoin cache.
While there is no complete information on the number of these wallet users, But some sources estimate that by the end of 2021, 20% of all Bitcoin transactions will be made using Electrum.
What are the positive features of the Electrum Wallet?
As I say. Electrum is a type of software wallet. It mine have more security than online wallets and fewer than paper Wallet and hardware Wallets.
Cons and pros
Let review some cons and pros of Electrum wallet quickly
It great for Bitcoin customers
Strong password to prevent hacking
No delay on updates
Keep user information confidential
Use instead of Multi-signature wallet
Although Electrum has a lot of security properties, it’s a hot Wallet. It min everything that affects a hot wallet applies to it. With these interpretations, hackers will be able to access it.
Just support Bitcoin.
Spending a lot of money to fix recently security problems.