Title: So many issues with the Electrum wallet Post by: franklin2058 on June 25, 2019, 07:17:01 PM Is just download from the official website electrum.org and start using OK?
How many more things I need to take care of? Thanks! Title: Re: So many issues with the Electrum wallet Post by: TryNinja on June 25, 2019, 07:18:14 PM You may want to verify your file signatures to make sure they are legit.
See this: https://bitcoinelectrum.com/how-to-verify-your-electrum-download/ Title: Re: So many issues with the Electrum wallet Post by: Abdussamad on June 25, 2019, 07:59:57 PM and write down the seed words using pen and paper.
Title: Re: So many issues with the Electrum wallet Post by: Pmalek on June 26, 2019, 09:33:31 AM Additionally, don't save the seed in your email or cloud. It should never be shared online. Don't take pictures of it and keep it in your phone and don't store it in your computer, especially not un-encrypted and not password protected. You shouldn't save it to your computer at all but if you absolutely have to at least encrypt it.
Title: Re: So many issues with the Electrum wallet Post by: mocacinno on June 26, 2019, 09:41:24 AM I agree with all other posters so far, but decided to make a checklist... Some of these points were already mentioned by previous posters!:
Next to this, there are things that are not specific to electrum (like keeping your OS clean) that are also worth mentioning... Like a native segwit wallet means lower transaction fees, enabling rbf is a good idear (especially if you cheap out on fees regularly) and anybody who has access to the seed, the wallet file + passphrase OR the xprv (or individual derived private keys) has access to your funds,... BTW, to be honest, i don't quite like the title of this topic... Electrum is still one of the more secure desktop wallets around. Sure, it has had it's share of vulnerability's (like most other wallets), but i would still recommand it to new users that are looking for an SPV HD wallet... |