Electrum announced the launch of its client bitcoin wallet to the Linux distribution ‘Fedora’ that is produced by Fedora Project, a partnership of free software community members from across the globe.
The new bitcoin wallet will enable users to send and receive bitcoins. The fast, secure and easy to use Electrum can be installed via GNOME Software or dnf, on Fedora 25 using the command ‘$ sudo dnf install electrum’. After installing, users must start the application that will be followed by a startup wizard.
“To create a standard Electrum bitcoin wallet, be sure to write down the generation seed with a pen on a paper and do not store it on your computer. Do it now, before you receive any Bitcoins”, the release stated.
In order to receive bitcoins, users can buy the digital currency with national currencies from a private seller or through an exchange. When buying or receiving bitcoins, they may have to provide the other person/system with their bitcoin address, which can be accessed by clicking 'Receive' tab in the main Electrum window. Users can sell bitcoins via the 'Send' tab. To send, they need to have the receiver’s bitcoin address, which can be text, a bitcoin url or QR-image.
Electrum’s key features include safety, where the private keys of the users are securely encrypted that never leaves the computer; forgiving that enables wallet to be recovered from a secret phase; instantaneous and fast, as it uses servers that index the bitcoin blockchain; proof checking that verifies all the transactions in users’ history using SPV, among others.
