One popular example of a software Bitcoin wallet is Electrum. This wallet is free, decentralized, and easy to use. It is created to ensure you that you are in full control of your coins. Not only that, the wallet directly connects you to the blockchain. You can now directly verify your transactions without waiting. For years, this wallet has made a good reputation, and this is why many users love it.
How Electrum functions
As a software wallet, Electrum stores your private key and public address. This is the type of wallet that requires you to download specific software and the wallet stays in the same computer. The wallet makes sure that your account stays online with its zero-downtime feature. This will make sure that your wallet is safe, but do make sure that you will not forget your password. To make sure that no one will hack your computer, you can also export you keys to other accounts.
Apart from being a multi-sig wallet, you can also combine your hardware wallet to this software wallet. The wallet also supports third-party plug-ins that easily allows you to sync automatically with other computers. Another plus feature is that this wallet is an open source. You can freely check what is happening and contribute to the network itself.
Why choose Electrum
Due to the competition between software wallets, Electrum made sure that it keeps improving as well. The wallet has a simple interface that even a beginner can easily use it. The wallet also makes sure that no one will ever know your private key, even the server. You will also be given a recovery phase in case your wallet gets hacked.
Another good feature is that because the wallet is online, you can access the blockchain without the fear that your wallet will not be able to download it. Through this wallet, you can see all the transactions that you made. The software wallet also makes sure to provide you with the latest version to keep you up-to-date.
Moreover, you can use this wallet if you enjoy playing in Bitcoin casinos. You can easily access your wallet in your computer and register. Do not forget to try Bitcoin slot games and aim to catch more Bitcoin casino bonus deals.
Electrum has been a good-quality wallet that brings joy and satisfaction toward its users. Soon, there will be more features to continue making this wallet one of the best. If this wallet has won you over, simply visit its site and create your wallet.