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How-to: Use Electrum Bitcoin Wallet in Whonix ™

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Electrum Logo
Bitcoin Logo

Introduction[edit]

Electrum [archive] is a popular Bitcoin wallet. According to the Electrum FAQ [archive]:

How does Electrum work?

Electrum’s focus is speed, with low resource usage and simplifying Bitcoin. Startup times are instant because it operates in conjunction with high-performance servers that handle the most complicated parts of the Bitcoin system.

Does Electrum trust servers?

In short, not really. The Electrum client never sends private keys to the servers. In addition, it verifies the information reported by servers, using a technique called Simple Payment Verification [archive].

The non-official thin client Electrum appears to be well-designed. It does not need to download/verify the blockchain and users store their private keys locally, which eliminates the need to trust third-party severs. This is an advantage over some other Bitcoin wallets which are affected by this: if the third-party server were ever compromised, all of the users' bitcoins could be stolen. There is also the possibility that the third-party could lose a user's private keys or walk away with them.

Install Electrum[edit]

[1]

Installed by default in Whonix-Workstation ™.

Start Electrum[edit]

Info Users should create a wallet with a strong password!

Please refer to the official Electrum documentation [archive] for comprehensive instructions, as well as more advanced topics like Cold Storage [archive] of private keys.

To start Electrum from start menu.

Start MenuInternetElectrum

To start Electrum from command line, run.

electrum-appimage

Qubes-Whonix ™ users are recommended to configure a Split Bitcoin Wallet [archive] to better protect their private keys. To protect against identity correlation through Tor circuit sharing, follow the instructions below (see Stream Isolation for more information).

Electrum: First Run[edit]

Info These steps enable Stream Isolation for the Electrum application.

1. Configure a manual server connection.

When Electrum is started for the first time, users are met with the prompt: "How do you want to connect to a server?".

Choose Select server manually and press Next.

Figure: Server Setting

Electrum select server manually.png

2. Change the proxy settings. This is useful for Stream Isolation.

The necessary settings are:

  • Proxy: SOCKS5
  • Host: 10.152.152.10
  • Port: 9111

Press Next and the application should be fully functional.

Figure: SOCKS5 Proxy Configuration

Electrum use proxy socks5 .png

Note: If Electrum is already set up but stream isolation was not enabled, then navigate to ToolsNetwork in Electrum to bring up the server and proxy settings.

Donations[edit]

After installing Electrum, please consider making a donation to Whonix ™ to keep it running for many years to come.

Donate Bitcoin (BTC) to Whonix ™.

Bitcoin accepted here

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Footnotes[edit]



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