Electrum
Overview
Electrum is a lightweight, non-custodial Bitcoin wallet that has been around since 2011. It focuses solely on Bitcoin and is known for its speed, low resource usage, and advanced features. Electrum does not download the entire blockchain; instead, it connects to servers that provide transaction data.
Key Features
Users retain full control of their private keys, which are stored locally. Electrum supports hardware wallet integration, multisig setups, and custom transaction fees. It offers features like replace-by-fee (RBF) and coin control for privacy.
Platform Availability
Electrum is available for desktop and mobile (Android). It is highly regarded among Bitcoin enthusiasts for its reliability and security.
User Note
It is not beginner-friendly compared to some modern wallets. Users must back up their seed phrase carefully.