Electrum - Mobile - Android - Choose your wallet - Bitcoin
December 27, 2018 6:57 PM Discuss Use this QR code or address below Electrum's focus is speed and simplicity, with low resource usage. It uses remote servers that handle the most complicated parts of the Bitcoin system, and it allows you to recover your wallet from a secret phrase. This wallet gives you full control over your bitcoins. This means no third party can freeze or lose your funds. You are however still responsible for securing and backing up your wallet. This wallet uses SPV and random servers from a list. This means little trust in third parties is required when verifying payments. However, it is not as secure as a full node like Bitcoin Core.
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December 27, 2018 6:56 PM Discuss Use this QR code or address below This wallet requires every transaction to be authorized both by you and this third party. Under normal circumstances, you can regain full control over your bitcoins using your initial backup or pre-signed transactions sent by email. This wallet relies on a centralized service by default. This means a third party must be trusted to not hide or simulate payments. The developers of this wallet publish the source code for the client. This means any developer in the world can audit the code. However, you still need to trust developers of this wallet when installing or updating the final software because it was not built deterministically like Bitcoin Core.
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