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Bitcoin Wallet Electrum Review

Electrum is a desktop Bitcoin wallet for Windows, Mac, and Linux. It is easy to use and simple for normal bitcoiners to send, receive and manage their bitcoins.

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Security

Electrum is a kind of HD wallet and generate a unique twelve words seed phrase which is used to create numerous bitcoin address in the same wallet. You can easily recover all of the balance from this seed phrase anywhere. Users are in full control over their coins. The private key for each bitcoin address is encrypted on the client side and never leave the computer.

Fast

Electrum is a lightweight bitcoin wallet for desktop and don’t require to download the whole blockchain. It connects to the remote full node servers when verifying the payment. There will be never down times. Its installation is super fast and ready to use instantly.

Advanced Features

It could be used for cold storage, is able to create and sign transactions offline, sign and verify messages, and it can import and export private keys for specific bitcoin address.

Check the below video for how to set up Electrum Wallet, back up the seed, send bitcoins.
https://www.youtube.com/watch?v=PI8pli2xTfU

Advanced Coin Control Features

Electrum allows you to choose one or a few addresses to send bitcoin from, even to choose the unspend outputs as the sending inputs. In addition, You can “Freeze” an address in Electrum, whose funds will not be spend. See below example:

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There are three addresses in this wallet. User “Freeze” the first address shown as light blue. When he click “Send” tap, the other two addresses will be used as sending addresses. Even the sending amount is larger than the total balance of the second and third address, the frozen balance still remains untouchable.

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