Electrum bitcoin wallet tutorial
After the transaction has arrived in your wallet, users are already prepared for the fork. To export a private key file on the Full node ZCL wallet, right click on your own receiving address and it should allow you to copy the text.
You may be prompted to unlock your wallet using your encryption password if it is set. This will prompt you for your encryption password if you have set one. Rest assured, so long as your ZCL is on one of the aforementioned wallets, you will be safe.
After the fork, users are recommended to follow best practices for staying secure after participating in a fork. This post is not financial advice and reflects the personal views of the author.
The author invests in digital assets and has positions in the aforementioned cryptocurrencies. Please conduct careful due diligence and consult with investment, legal, and tax professionals before investing in any digital asset. He also co-founded Fam, a Boston based venture-backed software startup. He is a mentor for the TechStars, a world-wide venture incubator, and is also on the board of the Baystate Financial Charitable Foundation.
He is very well versed in both the tech and cryptocurrency world. Skip to content Tokens Tags Bitcoin Bitcoin Private Cryptocurrency trading. Double check three criteria: To reiterate, the core steps to prepare for the snapshot will include the following: First Name Email address: Once we type in the commands stated above it will immediately download and install the Electrum wallet.
There is no need to interact with the installation process. There might be some errors or warning messages just ignore them the installation process with proceed. Wait until you get the message shown below.
Once you have reached the screenshot shown above you have already installed the Electrum Wallet successfully. Now we will create our Electrum wallet in linux. We access the Electrum wallet by following the screenshot shown below. Once we click on the Electrum bitcoin wallet icon it will immediately ring us to the window below.
In this window just select the " auto connect" radio button and press the "Next" button to proceed. After setting the connection we now input the desired name of the wallet file and press the next button. After which we select what type of wallet we want to create. We just choose standard and press next to proceed with the installation. You may experiment with the other types as you wish but for this tutorial we are only covering the standard wallet. The next page will ask us to choose if we want to create a seed.
Since we do not have one yet we choose create new seed and press next. In creating the seed we will be asked for the seed type. Just choose standard as it is the one that is widely used. The next page will show you the generated secret pass phrase. This phrase will be use to recover your bitcoin wallet. Copy and save this pass phrase in a safe place. If anyone gets access to this they will be able to access to the bitcoins in the created Electrum bitcoin wallet. Again keep this one safe. Copy it as we will be using it at the next page.
In this page we input the the pass phrase we just copied and press the next button. After pressing the next button of the prior page if done successfully we will be ask to create our access password for the wallet. Input your desired password , tick the encrypt wallet and click on "Next" button to continue. Once we click "Next" button we will be presented with the dashboard of our newly created bitcoin wallet.
You can get your Bitcoin address by clicking on the "Receive" tab on top of the window as shown in the screenshot above. You have just installed and created your bitcoin wallet in linux. That is it for now guys.
I hope you enjoy my tutorial and you found it simple enough to follow. I am the first and only Steem Community-Driven Witness. Up-vote this comment to grow my power and help Open Source contributions like this one. Join me on Discord https: You can contact us on Discord. But I only have windows here. Although this will be useful if I want to help a friend. I have been doing tutorials for windows I was thinking to do it in windows but linux is much more challenging that is why i did it.
I think the wallet creation part is the same you can still make use of that portion. This post has been upvoted from the communal account, minnowsupport , by ankarlie from the Minnow Support Project. The goal is to help Steemit grow by supporting Minnows and creating a social network. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: Be sure to leave at least 50SP undelegated on your account. Sure I will try to check your post IF there is anything I like. IF you provide excellent content and your post interest me then I will follow. It is not a commitment but i will try to check your post. How to install and create Electrum Bitcoin wallet in Linux.