A Beginner's Guide to the Electrum Bitcoin Wallet
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Anidel here for another simple tutorial for your perusal. Today I would like to share with you how to install and setup an electrum wallet in linux. I will try to keep the instructions as simple as possible so that newbies can follow Experts might see some process here trivial but to newbies those are not as trivial as we might think.
Electrum is an open source light wallet of bitcoin. As opposed thick clients electrum bitcoin wallet tutorial full node wallets that downloads the whole Blockchain of bitcoin. This wallet enables the user to interact with the Bitcoin Blockchain without having to download the whole transaction records if you know to learn more about this wallet you electrum bitcoin wallet tutorial go to their different official sites: Project website Project source.
I will be running the Linux Operating System in a virtual environment emulation mode where in I will be running it under Windows OS as an application. User experience will be the same. If you plan to do it in emulation mode you may read a tutorial about running Virtualbox and Lubuntu here.
I am using a ubuntu linux variant called Lubuntu. It should work with other variants as well. Web browser with internet connection. You should have root or administration access to the host operating system of Electrum be sure you know the root password. The first thing we electrum bitcoin wallet tutorial like to do is to go to the a terminal to access the command line of the linux operating system. Once you are in the terminal command prompt we must type in these commands to install the file dependencies just a fancy word for required files for installation of Electrum:.
We need to access root therefore we need to input root password. Just input the password and press enter to proceed with the installation. Once you inputted the password it will output a rather long explanation what the command we just inputted.
Just Type in "Y" to continue. After electrum bitcoin wallet tutorial to the installation process it will show you the progress of the downloading and the installing process of the depencies. Just wait for it to finish.
After installing the file dependencies we install the Electrum wallet itself by typing in these commands:. 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 electrum bitcoin wallet tutorial 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 electrum bitcoin wallet tutorial wallet.
Again keep this one safe. Copy it as we will be using it electrum bitcoin wallet tutorial the next page. In this page we input the the pass phrase we just copied and press electrum bitcoin wallet tutorial next button. After pressing the next button of the prior page if done successfully electrum bitcoin wallet tutorial will be ask to create our access password for the wallet.
Input your desired passwordtick the encrypt wallet and click electrum bitcoin wallet tutorial "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 electrum bitcoin wallet tutorial 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 electrum bitcoin wallet tutorial first and only Steem Community-Driven Witness. Electrum bitcoin wallet tutorial 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 electrum bitcoin wallet tutorial 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, minnowsupportby ankarlie from the Minnow Support Project. The goal is to help Steemit grow by electrum bitcoin wallet tutorial 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 electrum bitcoin wallet tutorial 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.
I will try to keep the instructions as simple as possible so that newbies can follow Experts might see some process here trivial but to newbies those are not as trivial electrum bitcoin wallet tutorial we might think Introduction Electrum is an open source light wallet of bitcoin. Software Electrum bitcoin wallet tutorial Operating system. Procedure Step 1 Install dependencies of the Electrum wallet The first thing we would like to do is to go to the a terminal to access the command line of the linux operating system.
Once you are in the terminal command prompt we must type in these commands to install the file dependencies just a fancy word for required files for installation of Electrum: Step 2 Install Electrum bitcoin wallet After installing the file dependencies we install the Electrum wallet itself by typing in these commands: Step 3 Create Electrum bitcoin wallet We electrum bitcoin wallet tutorial the Electrum wallet by following the screenshot shown below.
Authors get paid when people like you upvote their post. Hey ankarlie I electrum bitcoin wallet tutorial utopian-io. I have just upvoted you! Achievements Seems like you contribute quite often. Suggestions Contribute more often to get higher and higher rewards. I wish to see you often!
I follow what humans do and my vote is mainly based on that. Did you know project owners can manually vote with their own voting power or by voting power delegated to their projects?
Ask the project owner to review your contributions! Thank you for the contribution. It has been approved. Thanks for the approval sir: Yes i like linux as well: Yeah I like linux also. I have other tutorials you might want to check out just check: Thanks so much, I will try it out on my windows.
You are most welcome sir: You are most welcome sir. Nice friend thanks for sharing. Thanks you for stopping by.
