Sentences with phrase «electrum does»
While the latest version of Electrum, 2.9, is capable of distinguishing between competing chains, Electrum does not officially support Bitcoin Cash.
http://dailybitcoinnews.com/
The latest version of Electrum doesn't allow you to import private keys in a wallet that has a seed.
Not exact matches
«If [SegWit2x] doesn't include replay protection, the fork detection we have in Electrum will be useful.»
According to Belcher, «This means that the Electrum server knows all the user's bitcoin addresses and could spy on them, essentially seeing everything a user does.»
Electrum is a light SPV wallet, which means you don't need to download the full blockchain locally to start using it.
Some big names such as Trezor, Ledger, Electrum and Kraken have already done so.
Electrum is also known for being a fast and lightweight desktop app, as the client doesn't actually download the blockchain but accesses the necessary information from remote servers.
(When asked why their software doesn't flag for replace - by - fee transactions, both Bitcoin Core and Electrum developers explained that unconfirmed transactions shouldn't be trusted either way, and a flagging system could give users a false sense of security.)
One wallet that does allow for this option in Bitcoin is Electrum.
In Electrum's case, the client checks transactions against blockchain information obtained by its own servers which do the heavy lifting.
Electrum LTC is a lightweight wallet that doesn't require you to sync to the network to use.
It supports two - factor authentication via Electrum and Trustedcoin, multisignature, and cold storage by broadcasting transactions from a machine that doesn't have access to your keys.
The Stratis Electrum wallet is very lightweight and does not require the user to download the whole blockchain (which can be incredibly time - consuming).
If you are looking for a lightweight and lightning fast wallet that does not require you to download the blockchain, you will definitely want to look into the Electrum - Stratis wallet.
Recovery can be done with another TREZOR hardware wallet or with other wallets, like Mycelium or Electrum.
Stratis Electrum Wallet is also a lightweight desktop wallet which doesn't download the blockchain, and it is easy to set up and use in everyday transactions.
This can be done using a replacement Ledger wallet, but the process also works on alternative BIP39 wallets like Electrum.
They can use BitPay, Coinbase, GoCoin or do it themselves via Armory and Electrum wallets.
It took me a while to start using Electrum, but once I did, I never looked back.