I am considering transfering my bitcoins from coinbase to electrum wallet. My question is, what happens if Electrum suddenly shuts down and their servers go offline? Will I be able to access my coins using another wallet or will they be lost?
Thinking off that Electrum would shut down then its nearly impossible to happen if it does then theres nothing to worry because we can anytime export our keys even on offline just like what being said above.This is what i like on electrum compared on other wallet because you do really have the power on knowing your private keys.This is why its important anytime to have back ups on your wallet so that if incase theres a possible problem you wont really worry too much because you can still able to access that address.