Electrum Cash Crypto Open Source Wallet Review

Electron Cash wallet review

Afghanistan
https://www.electroncash.org/

Complex Ease of use, High Privacy, User Private Keys Stored

Overview
Security
User Experience

ElectronCash is the desktop wallet officially supported by BitcoinCash. It is based on the popular Electrum wallet but built for BitcoinCash. The project is completely community funded and built and managed by BitcoinCash enthusiasts. It requires technical knowledge to manage and set up.

The Electron Cash wallet platform offers no additional features or integration with 3rd parties. Because perhaps there are few options for BitcoinCash and popularity of Electron it still has considerable popularity.

Company / organization behind the wallets

ElectronCash was first released in August 2017 and it's creator is Jonald Fyookball, a Bitcoin Cash enthusiast and a prolific member of the BCH community. He has written a lot of informative posts about the forked project. Fyookbal frequently uses Reddit and GitHub to inform users and answer their questions.

Crypto Currencies Support

Bitcoin Cash (BCH)

Language Support

English

Supported Systems

Windows
OSX
Linux
Android

Electron cash has better than average security features and allows the user control over their own keys. This like many old school wallets this wallet provides access to the Blockchain but leaves security to the user. It will require some level of sophistication to properly secure your keys.

Summary:

Security

Low

2 Factor Authentication

Multi-Signature

Private Keys Stored On

User

Storage Type

The default is hot storage but there is an option to set up cold storage

Transactions Validation

SPV or Lightweight client

Hierarchical Deterministic

What happens in the event of a disaster/theft/loss?

The user has a 'root key', 'recovery phrase' or 'word seed' that can be used to regenerate private keys.

The Electron Cash wallet platform website does not offer much support, so it's complex for the average user. Furthermore, being an open source wallet and with practically no customer support the wallet platform is suited mainly for users with a technical background and experience in dealing with cryptocurrency.

Summary:

ElectronCash was designed to support BCH after the Bitcoin fork. It's really designed for BCH enthusiasts though. Like most desktop, client side platforms it is complicated to set up. It offers almost no functionality. It's a place to store your BitcoinCash until it takes off.

Ease of use

Complex

Suitable For

Industry insiders

Account activation process

Comprehensive

Transaction fees

Dynamic Transaction fees

Setup fee

$0.00

There are none

Help and
support: