![]() ![]() A security-oriented Litecoin clientĮlectrum LTC delivers a user-friendly and easy to configure Litecoin client, with all the expected features and more. Therefore, regular backups are not necessary if you store this seed securely. You are asked to either memorize or write this 12-word code on paper, as it is the key required when recovering your digital wallet. What Electrum-LTC brings to the table is the so-called random “seed”, which in fact is a unique 128-bit secret phrase used for generating your private keys. There are two options available: a standard or a multi-signature wallet, but you can also import Litecoin addresses or private keys. ![]() Once connection details are established, you can go on and create your Litecoin wallet. This remote server is used for maintaining the blockchain, which does not need to be downloaded entirely and, what is more, all the information received from the server is verified using the SPV (Simplified Payment Verification). In other words, Electrum-LTC can be used instantly and securely. This guided step-by-step application allows you to connect to a remote server, either randomly or by manually selecting one from a list. Regardless of the package you choose to download, be it the standalone application, the installer or the portable edition, you must go through the install wizard to configure Electrum-LTC beforehand. Released under an open-source license, this Litecoin client allows you to perform transactions, manage addresses, channels, coins and contacts with ease. Aside from the investment opportunities it opened and the new and modern payment method, the cryptocurrency market also challenged developers to create software that can track and manage transactions and budgets easier.Ĭreated as a port of the Electrum Bitcoin wallet, Electrum-LTC provides a community-maintained Litecoin wallet whose focus is on security above anything else. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |