All About Lightning Electrum
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Lightweight Bitcoin Wallet Electrum announced that the next version will support Lightning network payments, implemented with Python, an electrum network node where wallet users do not need to run Lightning network nodes themselves to make payments, and electrum's Lightning network nodes have now been merged into the Electrum master branch.
Some settings will be reset and the backup password will be deleted. You can now connect your device to your computer and create a new unencrypted backup, or set a new password without entering your old password.
Electrum-LTC is a simple but powerful Litecoin wallet. Like its predecessor, the Electrum-Bitcoin wallet, the open source wallet is available on GitHub and anyone can view or upgrade the code.
After installation, open Electrum, and create a new wallet, Follow the steps from Figure 4 to Figure 8 to generate a new cold wallet address, electrum by default is to create 5 new addresses at a time, note Figure 8, type "listaddressese()" command on the command line, the system will list the newly created 5 Bitcoin addresses, then use the getbukeys command, or get the public key from the menu master key public (the public key and address are not the same concept Oh), please copy this public key down, and save it in a text file. Figure 9 is the private key showing these 5 new addresses, put here just to explain to you, used to compare with Figure 12, 5 private keys are in this never touch the net linux operating system wallet, we do not actually do Figure 9 this step. And don't tell anyone else your private key.
Electrum was launched in 2011 with a lite version of Bitcoin wallet with an open source code under MIT licenses.
and Android system. Installing Electrum requires you to write down a 12-word seed to help you recover your wallet on multiple devices. If you forget your private key, this seed can also make Electrum look more human. In addition, Electrum has a "cold storage" mode where you don't have to pay Bitcoin to view your balance.
To prevent this, it is more secure to sweep your private key into a new public address in your newly created wallet. This requires creating a transaction that emptys the balance of the old wallet and then sending the funds to the new private/public key pair that you know only. Most unmanaged wallets, including Ledger, Trezor, Exodus, Electrum, Samourai, and Metamask, let you clean your wallet, drain your wallet and summarize your balance into a new wallet.