Smartcash is here again with another avenue for users to vote for a smartcash with an electrum wallet. If you think and you know that you have the capacity to vote for a smartcash proposal here is an opportunity that can change your life for good.
What Is The Electrum Wallet?
Electrum is a lightweight coin client, based on a client-server protocol. It’s an encrypted wallet that contains private keys and protected with a password.
Main features of the electrum wallet:
• Encrypted wallet: the file that contains coin private keys is protected with a password, and never leaves the user's computer.
• Deterministic key generation: If you lose your wallet file, you can recover it from its seed. You are protected from your own mistakes.
• Instant on: by default the client does not download the blockchain, it requests that information from a server. No delays, always up-to-date.
• Transactions are signed locally: Your private keys are not shared with the server. You do not have to trust the server with your money.
• Cold storage: Keeping private keys offline is supported. Has a watch-only mode for online use.
• Multi signature: Dividing the power to spend coins between multiple wallets is supported.
• Hardware wallet integration: Many leading hardware wallets can interface with Electrum.
• Redundancy: You are not tied to a particular server, and the server does not need to know you. One server going down doesn't cause user downtimes.
• No single point of failure: The server code is open source, anyone can run a server. Private keys can be exported and imported into other wallets.
• Firewall friendly: The client does not need to open a port; it simply polls the server for updates.
• Free software: Gnu GPL v3. Anyone can audit the code.
• Written in Python. The code is short, and easy to review.
• Add-ons: third-party plugins are supported.
The smartcash electrum wallet decentralizes a SmartHive governance portal which allows all SmartCash users to vote for their submitted proposals. For every SmartCash you have, it equals one vote. If your SmartCash wallet is on the desktop, its dam very easy to active. Go now and start voting smartcash proposal via electrum wallet.
You can download the Electrum Wallet for MAC OS, Windows and Linux here: https://smartcash.cc/wallets/#electrum
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