Electrum

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screenshot of Electrum with its Qt gui
screenshot of Electrum with its Qt gui

Electrum is a lightweight Bitcoin client, based on a client-server protocol. It was released on november 5, 2011.

Main features:

  • Encrypted wallet: the file that contains your bitcoins is protected with a password. You are protected from thieves.
  • Deterministic key generation: If you lose your wallet, you can recover it from its seed. You are protected from your own mistakes.
  • Instant on: the client does not download the blockchain, it requests that information from a server. No delays, always up-to-date.
  • Transactions are signed locally: Your private keys are not shared with the server. You do not have to trust the server with your money.
  • Freedom and Privacy: The server does not store user accounts. You are not tied to a particular server, and the server does not need to know you. You can export your private keys.
  • No scripts: Electrum does not download any script. A compromised server cannot send you arbitrary code and steal your bitcoins.
  • No single point of failure: The server code is open source, anyone can run a server.
  • Firewall friendly: The client does not need to open a port, it simply polls the server for updates.
  • Free software: Gnu GPL v3. Anyone can audit the code.
  • Written in Python. The code is short, and easy to review.
  • Support for Bitcoin URIs, signed URIs and Bitcoin aliases

Documentation

Up to date documentation is now hosted on http://electrum.orain.org

History

Electrum was announced November 5, 2011[1].

See Also

External Links

References