Lightweight Bitcoin software wallet with advanced features, hardware support, and multi-signature capabilities
Electrum generates private keys locally and supports hardware wallet integration. Keys can be stored encrypted or on hardware devices.
Software wallet with no physical security features. Security depends on the computer's security and user practices.
Fully open source with excellent code quality and regular security updates. Well-audited by the community.
Excellent recovery options with multiple backup methods and hardware wallet integration for enhanced security.
Good user experience for advanced users but has a learning curve. Interface is functional but not as intuitive as modern wallets.
Completely open source with full transparency. Community verified and independently audited.
Yes, Electrum is secure with a security score of 87/100. It's open source, well-audited, and supports hardware wallet integration for enhanced security.
Electrum is lightweight, doesn't require downloading the full blockchain, and offers advanced features like multi-signature and hardware wallet support.
Electrum is better suited for users with technical knowledge. Beginners might find it too complex and should consider simpler alternatives.
Yes, Electrum supports most major hardware wallets including Trezor, Ledger, and others for enhanced security.
Electrum will notify you of updates. Download the latest version from the official website and install it over the existing version.
As long as you have your seed phrase backup, you can recover your Bitcoin on any compatible wallet. The Electrum wallet file is just for convenience.