Electrum fees setting password#

In the GUI, electrum wallet invalid fee each address and amount on a line, separated by a comma. You can create a transaction with several outputs. That is the destination address and it will be from your existing electrum wallet. Instead, all the bitcoins they control are sent to an address that has been deterministically generated from your wallet seed.Įnter the private keys in the electrum wallet invalid fee field. The private keys you sweep do not become a part of your wallet. Sweeping private keys means to send all the bitcoins they control to an existing address in your wallet. If you want to import private keys and not sweep them, you need to create a special wallet that does not have a seed. It is intended to protect your privacy, but also to prevent you from requesting bitcoins on a wallet that you do not control. Wallet file encryption is activated by default since version 2. Electrum wallet invalid fee you electrum wallet invalid fee an address, the funds in that address will not be used for sending bitcoins. This feature is enabled by default in recent versions of Electrum. In general, the speed of confirmation depends on the fee you attach to your transaction miners prioritize transactions that pay the highest fees. This is why we ask you to save your electrum wallet invalid fee phrase on paper.

Electrum fees setting password#

If you lose both your password and your seed, there is no way to recover your money. However, you can restore your wallet from its seed phrase and choose a new password. It is not possible electrum wallet invalid fee recover your password. This means that it provides the same level of security as a Bitcoin private key of length bits. The seed phrase created by Electrum has bits of entropy. Your wallet can be entirely recovered from its seed. In addition, it verifies the information reported by servers, using a technique called Simple Payment Verification. Not really the Electrum client never sends private keys to the servers. Startup times are instant because it operates in conjunction with high-performance servers that handle the most complicated parts of the Bitcoin system.