Electron Cash 4.2.5

Electron Cash LLC ❘ Freeware ❘
iOS
out of 38 votes

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Electron Cash is a feature-rich SPV wallet designed for Bitcoin Cash users. It offers a high level of control over private keys, catering to both experienced users and beginners with its user-friendly interface.

Derived from the Electrum wallet for Bitcoin, Electron Cash on iOS inherits a solid lineage and provides all the essential functionalities expected from a Bitcoin Cash wallet.

One of its key strengths lies in giving users full control over their keys and consequently their bitcoins.

<ul>
<li>Control your own private keys.</li>
<li>Easily back up your wallet with a mnemonic seed phrase.</li>
<li>Enjoy high security without downloading the blockchain or running a full node.</li>
</ul>

<h3>BENEFITS</h3>

<ul>
<li>SAFE - Your private keys are encrypted and never leave your device.</li>
<li>FORGIVING - Your funds can be recovered from a secret phrase.</li>
<li>INSTANT ON - Electron Cash is fast, leveraging servers that index the Bitcoin Cash blockchain.</li>
<li>NO LOCK-IN - You can export your private keys for use in other Bitcoin Cash clients or wallets.</li>
<li>NO DOWNTIME - Electron Cash servers are decentralized and redundant, ensuring uninterrupted access to your wallet.</li>
<li>PROOF CHECKING - Electron Cash Wallet verifies all transactions in your history using SPV.</li>
<li>COLD STORAGE - Safeguard your private keys offline while having an online watching-only wallet.</li>
</ul>

What is an SPV wallet?

SPV, standing for Simplified Payment Verification, was introduced by Satoshi Nakamoto in the original Bitcoin whitepaper. This method allows wallets to offer robust security without requiring the download of the blockchain or running a full node. With SPV, users can independently validate transactions by confirming their inclusion in the blockchain, relying on the header chain with the most cumulative proof of work and accurate hashing difficulty levels. Electron Cash utilizes a distributed network of servers to handle the bulk of blockchain operations, ensuring that private keys sign transactions locally and are not transmitted to the servers.

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