Frequently Asked Questions How does Electrum work? Gustav max electrum bitcoin transaction has been unconfirmed for a long time. Can I import private keys from other Bitcoin clients?
Can I sweep private keys from other Bitcoin clients? Where is my wallet file located? Can I do bulk payments with Electrum? Can Electrum create and sign raw transactions?
Electrum freezes when I try to send bitcoins. How can I pre-generate new addresses? The seed is a random phrase that is used to generate your private keys. Your wallet can be entirely recovered from its seed. The seed phrase created by Electrum has 132 bits of entropy.
It is not possible to recover your password. However, you can restore your wallet from its seed phrase and choose a new password. If you lose both your password and your seed, there is no way to recover your money. This feature is enabled by default in recent versions of Electrum. Eventually, your transaction will either be confirmed or cancelled. A CPFP is a new transaction that pays a high fee in order to compensate for the small fee of its parent transaction.
It can be done by the recipient of the funds, or by the sender, if the transaction has a change output. A window will popup with the unsigned transaction. When you freeze an address, the funds in that address will not be used for sending bitcoins. You cannot send bitcoins if you don’t have enough funds in the non-frozen addresses. Your seed and private keys are encrypted using AES-256-CBC. This is done in order to minimize the amount of time during which sensitive information is unencrypted in your computer’s memory.
In addition, your wallet file may be encrypted on disk. Note that the wallet information will remain unencrypted in the memory of your computer for the duration of your session. If a wallet is encrypted, then its password will be required in order to open it. Wallet file encryption is activated by default since version 2. It is intended to protect your privacy, but also to prevent you from requesting bitcoins on a wallet that you do not control. 0, you cannot import private keys in a wallet that has a seed. If you want to import private keys and not sweep them, you need to create a special wallet that does not have a seed.
You will need to back up this wallet, because it cannot be recovered from a seed. Sweeping private keys means to send all the bitcoins they control to an existing address in your wallet. The private keys you sweep do not become a part of your wallet. Enter the private keys in the appropriate field. That is the destination address and it will be from your existing electrum wallet.
You can create a transaction with several outputs. In the GUI, type each address and amount on a line, separated by a comma. Amounts are in the current unit set in the client. The total is shown in the GUI.
Electrum lets you create and sign raw transactions right from the user interface using a form. The gap limit is the maximum number of consecutive unused addresses in your deterministic sequence of addresses. Electrum uses it in order to stop looking for addresses. 0, it is set to 20 by default, so the client will get all addresses until 20 unused addresses are found. Electrum will generate new addresses as you use them, until it hits the gap limit.