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g3rd (OP)
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November 03, 2013, 12:42:45 PM
Last edit: November 06, 2013, 09:11:33 PM by g3rd
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flatfly
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November 03, 2013, 12:45:59 PM
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Hi.
I really was scared of mt.gox that blocked somebodys bitcoins https://bitcointalk.org/index.php?topic=307966.0and I was thinking if electrum can block my bitcoins too?
I know that mtgox is more of a company and e.g bitcoin-qt is just a regular client, and where between these two is electrum? Is it also controlled by a company or its just a normal client?

And second of all- if somebody send me bitcoin when my wallet was offline, am I going to recieve these bitcoins or they're going back to the sender?

And yes- I know this is a double version of this topic (https://bitcointalk.org/index.php?topic=322772.0), but the answer isnt satisfaction-giving, plus in newbie zone all topics go down so fast.

1. No, electrum can't block your funds. The servers have ZERO control over your keys.
2. Yes, you receive the coins whether your client is online or not.
g3rd (OP)
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November 03, 2013, 12:53:49 PM
Last edit: November 06, 2013, 09:11:26 PM by g3rd
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flatfly
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November 03, 2013, 01:36:51 PM
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Hey flatfly, thanks for your answer.
Why I asked is because when I wanted to use Bitcoin-Qt I always had some crazy problem with blockchains I had to download. Is there any way to avoid it? According to https://bitcointalk.org/index.php?topic=252937.0 MultiBit is better. Would you rather use Multibit or Electrum?

I've been using Electrum for the last 2 years with no major issues whatsoever.
Between Electrum and MultiBit: both are very good, so it's a matter of personal preference I guess, but I chose Electrum for 3 major reasons:

- It's much lighter than MultiBit, bandwidth-wise
- It fully supports deterministic wallets, since day one. MultiBit and Bitcoin-Qt are moving in that direction too, but are not there yet  
- No Java dependency (Sorry, I'm just allergic to Java on the desktop - perhaps that's just me)
 

That said, ALL clients are still in alpha or beta stage, so expect some rough edges (mostly just cosmetic, though.)
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November 04, 2013, 01:53:05 AM
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Hey flatfly, thanks for your answer.
Why I asked is because when I wanted to use Bitcoin-Qt I always had some crazy problem with blockchains I had to download. Is there any way to avoid it? According to https://bitcointalk.org/index.php?topic=252937.0 MultiBit is better. Would you rather use Multibit or Electrum?

I've been using Electrum for the last 2 years with no major issues whatsoever.
Between Electrum and MultiBit: both are very good, so it's a matter of personal preference I guess, but I chose Electrum for 3 major reasons:

- It's much lighter than MultiBit, bandwidth-wise
- It fully supports deterministic wallets, since day one. MultiBit and Bitcoin-Qt are moving in that direction too, but are not there yet  
- No Java dependency (Sorry, I'm just allergic to Java on the desktop - perhaps that's just me)
 

That said, ALL clients are still in alpha or beta stage, so expect some rough edges (mostly just cosmetic, though.)

I'm with you on that. I just don't like Java applications on the desktop. Some applications, however, have a nice look and feel to them and function very well.

Electrum is lightweight, does everything I want, and starts up in seconds. It wins me over, lol.
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