The solution gained popularity quite quickly due to the almost complete lack of competition, as well as due to the respectable appearance of the application. The first version of Electrum was released in mid-November 2011. In 2011, Thomas thought that a reliable wallet would be very useful for the user, which does not require downloading the full BTC blockchain and allows you to access funds from any device where the client is installed. The progenitor of the Electrum crypto wallet is Thomas Voegtlin, a specialist in neural networks. The blockchain is stored and updated on the company’s server, and the client interacts with it through special software for stationary and mobile devices. It starts instantly, as it works in conjunction with high-performance servers that handle the most complex tasks of the Bitcoin system. The main feature of the wallet is speed, low resource use, and simplicity. There are client versions for bitcoin forks: Litcoin, Bitcoin Cash, Dash, and Vertcoin. Is Electrum safe enough to store the funds? Is it a scam or a reliable service? We will answer all of these questions in this article.Įlectrum wallet is a software interface for operations with Bitcoin cryptocurrency. But can a wallet combine all these qualities together in one? In this article, we will tell you about a service that can claim the title of one of the simplest and at the same time reliable wallets - Electrum. There are multifunctional, simple, and reliable wallets.
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