In your deterministic sequence of addresses.Įlectrum-LTC uses a gap limit to stop looking for addresses. What is the gap limit? The gap limit is the maximum number of consecutive unused addresses On all other operating systems, it is located in ~/.electrum-ltc. Users are always in control of their keys and can export and. On Windows, this folder is located in \Users\YourUserName\AppData\Roaming\Local\Electrum-LTC. To receive alerts, please download the CoinGecko mobile app. Electrum is an encrypted wallet that allows users to password-protect their Bitcoin. Under the /wallets folder when you first run the application. Where is my wallet file located? A default wallet file called default_wallet is created You cannot send litecoins if you don't have enough funds in non-frozen addresses. Exodus encrypts private keys and transaction data on your device and for your eyes only. What does it mean to “freeze” an address? When you freeze an address, the funds in that address will not be Older versions of Electrum could import private keys from another client,īut then you had to backup those keys separately,Īs they could not be restored by the Electrum seed. This way you'll have all your litecoins secured with your seed. You have on your old wallet to one of the addresses on your Electrum wallet. What should I do with my old Litecoin addresses and wallet when switching to Electrum-LTC? The best way to switch to Electrum is to send all the litecoins Recovered from the seed that you can memorize or write on paper. Pros + Fee control + Rotates wallet address + Can export. You do not need to perform regular backups, because your wallet can be TechRadar Verdict Electrum packs many different features and functions, but is really only useful in the hands of an experienced user. To learn how to use Electrum, read the Electrum documentation. To start Electrum choose Applications Internet Electrum Bitcoin Wallet. You can sign transactions from an offline working session for additional security. The seed can be represented as a 12-word mnemonic code. Electrum does not download the blockchain, so there is no waiting time when starting. What is a “seed”? Electrum-LTC uses a 128-bit random seed to generate your private keys. If you are looking for a mobile wallet, check out Litewallet. Is there a version of Electrum-LTC for Android? Android is not currently supported.
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