Follow this hands-on tutorial for Electrum. It uniquely walks the fine line between beginner usability and backup bitcoin functionality. This guide introduces Electrum with step-by-step examples highlighting the most important beginner features.
No previous experience with either Bitcoin or Electrum is needed. This guide will show you how whether you currently own bitcoin or not. Three versions of Electrum are available for Windows. The features missing in the 2. 2 release linked on the front page won’t be used here.
Double-clicking the downloaded file opens a mounted volume. This appears to the left of the window under Favorites. Should this happen, locate Electrum in your Applications folder then control-click on it. The Software Center distributes Electrum, but this tends to be an outdated version. The instructions given on the download page should allow you to install the latest release. There’s a tendency to trust software downloaded from the Internet.
However, Bitcoin creates new incentives to deploy malware through downloads. Unless you audit every line of Electrum’s code, you run the risk of installing malware. The downloads page provides two links: the first leads to the software package you downloaded and the second leads to a signature file. Using the appropriate software, this signature file can be used to verify the authenticity of the software you downloaded. This step should be considered mandatory for any wallet that will hold significant money.