Bitcoin: The Ultimate Guide From Beginner To Expert: Step-by-Step Guide for Engineers, Investors, Business Executives and Non-technical Users by Richard Hayen

Author:Richard Hayen
Language: eng
Format: azw3, epub, pdf
Published: 2017-07-01T07:00:00+00:00

Step 5:

From this step, we are going to work on setting up a program that is known as Electrum. You will need to be able to get onto the Bitcoin Wallet and then click on the Applications. From here, it is possible to click on the Bitcoin Wallet and the Internet. You should think of the Electrum program like a light wallet that will work in bitcoin and here we are going to copy the blockchain so that we can use it later.

So when it is time to make the wallet that you would like to use with bitcoin, you will need to make sure that you are inside of the BlockCypher, which is also a good place to be when you would like to watch over the balance and the transactions of your bitcoin network. There isn't any need for you to go with other wallets besides the standard one in most places because you will see there is some security with them, but we will need to work on getting a password set up for this to keep it safe as well.

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