How-to: Use Electrum Bitcoin Wallet in Whonix ™
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.
Installed by default in Whonix-Workstation ™.
To start Electrum from start menu.
Start Menu →
To start Electrum from command line, run.
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
After installing Electrum, please consider making a donation to Whonix ™ to keep it running for many years to come.
Donate Bitcoin (BTC) to Whonix ™.
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