Post
Topic
Board Beginners & Help
Re: Electrum client - it is safe ? What if servers crash ?
by
Minnlo
on 01/12/2013, 09:38:52 UTC
Hello,

i have question about Electrum. I am using that and its really fast, but question is, what if Electrum servers crash. Will be my coins in safe, or i will lost them? I heard, Electrum is offline client which only connects to server with blockchain, nothing more, but if i don´t need backup my Wallet, how i will restore wallet if servers crash? I know its very unlikely, but what IF? Is there any way how to backup Electrum Wallet?

Thanks

When you first setup your wallet, you are given a seed, and you can recover everything from it.

Even if Electrum dies one day, you can still export your private keys, and import them to bitcoin-qt or any other wallet.