Software Alternatives, Accelerators & Startups

Electrum

Electrum is an easy to use Bitcoin client.

Electrum

Electrum Reviews and Details

This page is designed to help you find out whether Electrum is good and if it is the right choice for you.

Screenshots and images

  • Electrum Landing page
    Landing page //
    2023-07-21

Features & Specs

  1. Lightweight

    Electrum does not download the entire blockchain; it relies on remote servers, making it fast and consuming less storage space on your device.

  2. Security

    Electrum uses advanced security features like two-factor authentication, multi-signature wallets, and cold storage to protect user funds.

  3. Speed

    Since Electrum does not require synchronization of the full blockchain, transactions are processed quickly.

  4. Open Source

    Electrum is open-source software, allowing for community review and contributions to enhance its functionality and security.

  5. Compatibility

    Electrum is compatible with various types of hardware wallets, enhancing security by enabling offline storage of private keys.

  6. Blockchain Integration

    Electrum uses Simple Payment Verification (SPV) to verify transactions, making it efficient and reliable for users.

  7. Customizable Fees

    Users have the option to customize transaction fees, giving them control over the cost and speed of their transactions.

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Videos

Electrum Bitcoin Wallet - Versatile and Feature Rich

Electrum Wallet Review by FXEmpire

Electrum Sabercrafts Torrent Smart Saber Review

Social recommendations and mentions

We have tracked the following product recommendations or mentions on various public social media platforms and blogs. They can help you see what people think about Electrum and what they use it for.
  • Noob question, laugh at will
    I have been looking at exchanges and different wallet options but I am 99% sure its from electrum.org. Source: almost 2 years ago
  • Legitimate Bitcoin Apps
    Https://electrum.org - Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. Source: almost 2 years ago
  • 1000 btc wallets adresses
    Hello, I have question, When I download wallet from electrum.org, and have 1 btc wallet adress. Can I made like 1000 btc wallet adress now ? Best regards. Source: almost 2 years ago
  • Failing to "gpg --verify" on linux
    I am following the Linux instructions from electrum.org, I'm using Ubuntu (fist timer, know zero to nothing about coding) and ChatGPT to help me write the code. Source: almost 2 years ago
  • How to import Bitcoin Address as a watch only
    Electrum (https://electrum.org) can do that. Under "View" enable the tab "Coins" and then right click on the UTXO you're interested in, "Copy" > "Long Output point". Source: almost 2 years ago
  • Getting started
    Https://electrum.org - Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. Source: over 2 years ago
  • Bitcoin question
    I would start with 2% or less. Get a device without viruses and put electrum.org on it (I've used it). Buying from a friend with cash is best but I have also bought from kraken.com. Source: over 2 years ago
  • Help moving Android wallet to Electrum
    I extracted my wallet.dat from Bitcoin Wallet on Android (https://bitcoin.org/en/wallets/mobile/android/bitcoinwallet/). I have the password I used to protect wallet.dat and I can load it into the app on a new phone so I know it's the right password. I'd like to use Electrum (https://electrum.org/) instead, but when I try to create a wallet in Electrum it asks for my private key, not my wallet.dat. How can I get... Source: over 2 years ago
  • Does Trezor support psbt?
    You are asking about whether Trezor Suite supports PSBT format, and the answer is no. There's however several options that do support PSBT and work with Trezor, such as HWI, Electrum, and presumably also Sparrow Wallet itself. Source: over 2 years ago
  • Help!
    Download electrum and import the private key. Source: over 2 years ago
  • Recovery from Seed Phrase + Ledger PIN Loads Empty Wallet
    Wasabi only searches keys that are bech32/segwitv0 and bech32m/Taproot. If your Ledger Nano was using p2sh wrapped Segwit (addresses start with "3" instead of "bc1", then another wallet (such as Electrum, https://electrum.org ) will be necessary to recovery the funds. Source: over 2 years ago
  • Who is the authority about wallets?
    I use electrum.org. If you see that lots of people are using electrum.org without complaints then probably you should too. Source: over 2 years ago
  • First time buyer. Where to buy?
    Https://electrum.org - Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. Source: over 2 years ago
  • What network do I use to send my bitcoins to bisq to sell?
    Before using Bisq, I would get a wallet like electrum.org and make sure that you understand how to send from one address to another. All of your bitcoin should be off of the exchange. Source: over 2 years ago
  • Wallet for Android without the need for any Google services.
    Electrum: download the apk from https://electrum.org/. Source: over 2 years ago
  • Fricking Wallet Apps
    I like electrum.org for simple holding. Source: over 2 years ago
  • Bitcoin paper wallet as gift
    If you don't want to spend any money on it then setup a wallet for them and give them the recovery-seed and instructions on how to install the electrum wallet software and import the seed. Source: over 2 years ago
  • You guys have convinced me! I'm selling off some (not all) of my physical PM stack, to load up on sats!! While I won't be selling it all, I am seriously going to do some "rebalancing" into BTC....time to get the TRULY SCARCE asset class in exchange for the not-so-scarce class...Thanks to all here!
    Https://electrum.org - Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. Source: over 2 years ago
  • What about services on the dark net
    Yes so when he mentions electrum, I just go directly to the electrum.org without clicking any links? Source: over 2 years ago
  • Updating to Electrum-4.3.4 fails.
    Gives me: Good signature from "Thomas Voegtlin (https://electrum.org) thomasv@electrum.org" [unknown] Gpg: WARNING: This key is not certified with a trusted signature!gpg: There is no indication that the signature belongs to the owner. Source: over 2 years ago
  • Just got in bitcoin
    I use electrum.org. It's open source and well recommended. It's not so good for lightning. Source: over 2 years ago

Summary of the public mentions of Electrum

Electrum has established a solid reputation in the realm of Bitcoin wallets, owing largely to its long-standing presence, robust open-source development, and comprehensive support across various platforms. From reviewing context data and product mentions, it becomes evident that Electrum is often considered a reliable and trustworthy solution for managing Bitcoin.

Reputation and Reliability

Being one of the oldest Bitcoin wallets available, Electrum enjoys a reputation for reliability and security. It's frequently praised for its non-custodial nature, meaning users maintain control over their private keys, which is a crucial factor in cryptocurrency wallet security. The walletโ€™s open-source status allows developers and users alike to inspect its code, contributing to its trustworthiness and regularly receiving updates from the community.

Privacy and Security Features

Electrum is lauded for its strong privacy features. Unlike some other wallets, it does not download the entire blockchain, hence reducing exposure to attacks. Instead, Electrum connects to decentralized servers, which mitigates risks related to server failures. Users benefit from encryption features like two-factor authentication and secure seed phrases, which are vital for safeguarding assets.

Versatility and Usability

Electrumโ€™s versatility extends to its compatibility with multiple operating systems, including Windows, Mac, and Linux, and now offers a mobile version, broadening its accessibility. Product mentions highlight users' ability to generate multiple Bitcoin addresses and manage UTXOs effectively. Despite some initial learning curves, as indicated by users requiring assistance in employing features like GPG verification and importing private keys, the general consensus is that Electrum is relatively user-friendly for those with basic technical knowledge.

Community Feedback and Common Issues

Community reception appears overwhelmingly positive, with users frequently describing Electrum as a "solid choice" and acknowledging its status as a trusted long-term option. Nonetheless, there are occasional challenges cited, such as verification difficulties on Linux or issues related to specific updates, which may reflect the technical demands inherent in open-source projects. Nevertheless, the widespread use and endorsement by veteran users tend to assure newcomers of its reliability.

Areas for Improvement

While Electrum excels in various areas, itโ€™s less noted for its support of the Lightning Network, which means it may not be the preferred choice for those looking to engage in micro-transactions or rapid transactions on the Lightning Network. Moreover, some potential users could find the technical demands intimidating, highlighting areas where enhanced user support or guidance could be beneficial.

In conclusion, Electrum stands out as a reputable option among Bitcoin wallets, owing to its storied history, solid privacy features, and active open-source development. While there are areas that could see improvementโ€”particularly in user interface refinement and expanded network supportโ€”the core attributes of security and reliability continue to underpin Electrumโ€™s standing in the cryptocurrency community.

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Electrum discussion

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  1. User avatar
    David
    ยท over 1 year ago
    ยท Reply

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Is Electrum good? This is an informative page that will help you find out. Moreover, you can review and discuss Electrum here. The primary details have not been verified within the last quarter, and they might be outdated. If you think we are missing something, please use the means on this page to comment or suggest changes. All reviews and comments are highly encouranged and appreciated as they help everyone in the community to make an informed choice. Please always be kind and objective when evaluating a product and sharing your opinion.