Buy Bitcoin Physical Coin Electrum Litecoin Wallet For Mac

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Buy Bitcoin Physical Coin Electrum Litecoin Wallet For Mac 7,3/10 5605 reviews

Electrum-LTC is a community-maintained port of Electrum, the Bitcoin wallet, to Litecoin. It is not an official product of Electrum Technologies GmbH, which does not support it. It is not an official product of Electrum Technologies GmbH, which does not support it. Take time to educate yourself. Bitcoin is different from what you know and use every day. Before you start using Bitcoin for any serious transaction, be sure to read what you need to know and take appropriate steps to secure your wallet.Always remember that it is your responsibility to choose your wallet carefully and adopt good practices in order to protect your money.

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Electrum is a lightwight Bitcoin wallet focuses on speed and simplicity. It is lightweight because it requires low resource usage by connecting to remote servers that taps into Blockchain without downloading Blockchain itself, while it allows you to recover your Bitcoin wallet from a secret phrase. ​ Electrum is available on Linux, Windows, OSX, Android. To install the latest Electrum on Mac OS X, follow these steps: 1. Download Electrum ​ The official download page with the latest executable version is on Electrum.org.

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Go to, select your target platform to start downloading. Launch Electrum Please note, for security concern, to launch an application you downloaded from the Internet for the first time, by default Mac would not let you open it by double-clicking. If you trust the source where you downloaded Electrum, in order to launch the Electrum wallet for the first time on your Mac, please locate it under 'Applications' folder, right-click on the application, select 'open.' Electrum is a lightweight wallet meaning it does not have its own copy of the Blockchain thus relies on connecting to other trusted full nodes. Electrum will ask you how do you like your Electrum to connect to other Bitcoin full nodes.

To pick such connections at random, simply select 'Auto connect.' Electrum supports Hierarchical Deterministic (HD) wallet which means you can create as many addresses as needed in one HD wallet and back up the whole wallet by writing down a secret 12-word phrase. This 12-word phrase is also known as 'seed.' Alternatively, you can also use Electrum to manage non-HD wallet which means you can only manage the private keys of the addresses you imported into the Wallet. If you're not familiar with the concept of private keys, choose to go with HD wallet.

That is, choose 'Create a new seed' to create a new HD wallet. Or, choose, 'I already have a seed' to from a 12-word secret phrase you wrote down before. Electrum supports having multiple wallets. Each wallet contains one ore more Bitcoin addresses. An HD wallet allows you to create as many Bitcoin address as you want and the same secret phrase can magically restore your whole HD wallet with all the subsequent Bitcoin addresses created after you written down the 12-word secret phrase.

Electrum also support Replace by Fee (RBF). RBF feature is a way to by bumping up the Transaction Fee in case your transaction got stuck without being confirmed.

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If your transaction was sent with RBF turned on (the default), you'll be able to replace the fee should the transaction is stuck.

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