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Author Topic: Does Electrum support HD-wallets?  (Read 538 times)
prashant.singh (OP)
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April 25, 2017, 02:52:19 PM
 #1

I have heard a lot about Electrum-wallet, but have never used it. I have few question regarding Electrum mind, does electrum have following properties?
  • Is Electrum open source?
  • Does electrum support Hd_wallet
  • Does elctrum support Restest or Test Network?
  • Is Electrum MultiSig?
Is there any other wallet that has above features? I think copay has all features but I am not sure about electrum.
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kolloh
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April 25, 2017, 05:19:15 PM
 #2

I have heard a lot about Electrum-wallet, but have never used it. I have few question regarding Electrum mind, does electrum have following properties?
  • Is Electrum open source?
  • Does electrum support Hd_wallet
  • Does elctrum support Restest or Test Network?
  • Is Electrum MultiSig?
Is there any other wallet that has above features? I think copay has all features but I am not sure about electrum.

  • Yes, Electrum is open source: https://github.com/spesmilo/electrum
  • As of Electrum 2.7.16, it looks like it supports testnet
    Quote
    # Release 2.7.16
      * add Testnet support (fix #541)
  • Electrum supports MultiSig wallets.
OmegaStarScream
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April 25, 2017, 05:23:38 PM
 #3

To answer the question regarding the HD wallet, yes, Electrum is an HD wallet. There are different types of HD wallets though, read more details: https://en.bitcoin.it/wiki/Deterministic_wallet

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Abdussamad
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April 26, 2017, 08:45:16 AM
 #4

Electrum has been a deterministic wallet from the very start. It adopted the bip32 standard starting with version 2.0 I believe. So yeah it is HD.

It is opensource

You can run it on testnet with the --testnet command line switch

It supports multisig too.

prashant.singh (OP)
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April 26, 2017, 03:34:42 PM
 #5

Electrum has been a deterministic wallet from the very start. It adopted the bip32 standard starting with version 2.0 I believe. So yeah it is HD.

It is opensource

You can run it on testnet with the --testnet command line switch

It supports multisig too.



HI, thanks for Response. I am more interested in running electrum on test-net, but unable to find any clear doc on that. Can you explain, How to use test-net in detail? I have openned a new discussion on this https://bitcointalk.org/index.php?topic=1888177.msg18756326#msg18756326.
Abdussamad
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April 26, 2017, 05:19:03 PM
 #6

Electrum has been a deterministic wallet from the very start. It adopted the bip32 standard starting with version 2.0 I believe. So yeah it is HD.

It is opensource

You can run it on testnet with the --testnet command line switch

It supports multisig too.



HI, thanks for Response. I am more interested in running electrum on test-net, but unable to find any clear doc on that. Can you explain, How to use test-net in detail? I have openned a new discussion on this https://bitcointalk.org/index.php?topic=1888177.msg18756326#msg18756326.

I have explained above how you can use electrum with testnet. You run it with the --testnet command line switch:

Code:
electrum --testnet

Run `electrum help` to see more options. If you are using windows then command line switches are typed in a terminal window.

In future try and read the answers you are given. Otherwise there is no point in you asking questions and us answering them.
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