Electrum Update Brings Tons of Improvements To The Table
Electrum is a very popular wallet solution for various types of devices, as it is much more lightweight than installing Bitcoin Core or Bitcoin Classic. Since there is no need to download the entire blockchain – currently over 60GB in size and growing – Electrum provides a very valuable alternative, especially for mobile devices. The wallet has recently been updated to version 2.6, and several improvements have been made. What Is New In Electrum 2.6? As is the case with most Bitcoin wallet solutions, Electrum version 2.6 is open source, and the code has been licensed under the MIT license.....
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Lightweight Bitcoin Wallet Electrum has announced to release its updated version this week. Thanks to all our beta testers! Electrum 2.0 will be released this week! Expect us. - Electrum (@ElectrumWallet) February 23, 2015. A Special Focus on Bitcoin Wallet Security. The new Electrum 2.0 will be focusing specially on Bitcoin wallet security features. As publicized earlier, this update is hoping to add support for Trezor hardware wallets. It simply means that users will have the option to transfer their Bitcoins to a much secure and isolated environment. Server-based Blockchain Still....
Developer Neil Booth has created his own version of Electrum Server called Electrum X, which is 10 times faster and more efficient. A much faster version of Electrum Server is now available. The reimplementation of Electrum Server, called Electrum X is the creation of Neil Booth which he claims to be 10 times faster than the Electrum Server. The Electrum X Server codes are made available on GitHub under the MIT License. While the main server is built on Python 2, the new reimplementation makes use of much advanced Python 3.4 and still manages to work with the existing clients. By using....
As many in the Bitcoin community know, Electrum is an extremely fast and lightweight bitcoin client. Unlike Bitcoin Core (formerly known as Bitcoin-QT) and other desktop clients, Electrum does not need to download the entire Bitcoin blockchain. Instead, the application relies on several public servers that make the wallet so fast and lightweight. Furthermore, Electrum protects users from accidentally losing coins by allowing wallets to be recovered from a secret phrase. However, the wallet exclusively supports bitcoin, leaving Litecoin users in the dark. At least, that was the case until a....
Electrum, Bitcoin's popular lightweight wallet, launched a new version of its software this week. Apart from a desktop client, Electrum 2.6 is now available on Android as well, with an iOS version soon to come. At its heart, the mobile version of Electrum is no different from the available desktop version. The two are fully compatible as well; if the seed from one wallet is imported onto the other, all funds and transactions are synchronized. As such, users don't need to maintain two different balances on their desktop and mobile devices. “The main difference between existing Electrum....
A bit of a public service announcement today as Reddit user ZoidbergCoin reported a phishing attempt on the part of a false Electrum Twitter account. The attackers were clever, creating an exact clone of the original Electrum Twitter, but using an "I" (uppercase) instead of a lowercase "l." On first glance, it's hard to tell the difference. For reference, Electrum is a popular lightweight bitcoin wallet for desktop and mobile which operates similar to SPV wallets. It communicates with a trusted server rather than downloading the entire block chain. One common criticism of it is that the....