#ELECTRUM LTC PUBLIC KEY HOW TO#
#ELECTRUM LTC PUBLIC KEY PASSWORD#

#ELECTRUM LTC PUBLIC KEY PASSWORD#

Whenever you wish to access wallet or send coins to another address or when exporting private keys you’ll be asked to enter the wallet password which you set during the installation process. This password is mandatory step and it is an extra layer of protection to your electrum wallet. When you setup Electrum wallet you’ll be asked to choose a wallet type, once it’s done the wallet will generate a seed for you, after which you’ll be asked to set a password.

#ELECTRUM LTC PUBLIC KEY HOW TO#

Related topic: How to backup Monero wallet Forget my Electrum password, but I have the wallet seed Okay! Here are some common scenarios that users of Electrum wallet face when they forget their password or didn’t save their wallet file or seed word. This is why everyone recommends you to store your wallet seed in a secure location. Yes! If you lose your password then you can recover your wallet using seed but if you lose your seed word then all is gone. “I lost my wallet password but I have the seed is it possible to recover wallet?”. We’ve seen users on forum asking questions like: “I lost my electrum wallet seed are my Bitcoins gone?”. Even if you forget to write down this seed initially you can find it later on in your wallet by entering your password but what if you forget your password. It is a client side functionality and is only available for you. This seed word is not saved anywhere on electrum servers. It is a master key that helps to recover your Electrum wallet completely. Remember that seed is not a private key of your wallet address. Example of seed word: “ buyer category snap balcony letter banner rest pool cake boil owner plug“. It is a 12 word mnemonic seed that is used to generate your wallet private keys. In addition to this we’ll show you how to find your Electrum wallet seed word and how to restore wallet from seed.Īlso read: How to setup Verge electrum wallet Electrum wallet seed word:Įlectrum wallet creates a seed word for you when you initially setup your wallet. This beginners guide is all about giving them a basic understanding on wallet seed and tell them how important the seed word is. Due to its simplicity most users advise beginners to use Electrum wallet but they are not given much awareness about the wallet seed. Not just secure, but compared to QT wallet Electrum is fast, simple and uses less resources. Electrum wallet for Bitcoin is one of the most reputable and secure wallet available for Desktops and Mobiles.

Electrum ltc public key