electrum and multibit reliability | Bitcointalksearch.org

btcven

hero member

Activity: 715

Merit: 500

Bitcoin Venezuela

Quote from: accord01 on November 16, 2013, 11:57:05 AM

Both are good wallets... however, both also rely on servers if I am correct. In the event that the servers went down.. data on the servers lost... will we be able to recover and still have access to the coins?

Your seed (carrying all your private keys) are always client side and are never sent to the server.

ThomasV

legendary

Activity: 1896

Merit: 1353

only Electrum relies on servers.
if servers were down or unreachable, you could still export your private keys from Electrum, and import them in another client.

accord01

full member

Activity: 238

Merit: 100

Both are good wallets... however, both also rely on servers if I am correct. In the event that the servers went down.. data on the servers lost... will we be able to recover and still have access to the coins?

Topic: electrum and multibit reliability (Read 1766 times)