Is the Electrum Litecoin Wallet legit? Was it created by Electrum just like the Bitcoin one?
If you think about storing different sort of coins for a longer period, you should consider cold storage, especially hardware wallets. Prices are sooner or later will become lower as time goes by, (ledger nano s is about $70), and they allow you to store a huge sort of coins, from bitcoin to litecoin, ether, etc. you can check it at the different wallets' webpage. They have the neccessary interface implemented, to manage your coins. If you want to use paper wallet, you will need a wallet software, to manage the paper wallet, so you will be searching for a legit wallet again. Hardware wallets solve this problem for you, but they costs money, paper wallet is free. Why hardware wallets are cost money (besides the physical hardware part) is the wallet software that they provide to you, with the neccessary updates (firmware and online wallet software). 
Topic: Electrum Litecoin Wallet - legit? (Read 325 times)
No. All Electrum wallets for other coins besides Bitcoin have nothing to do with the developers of Electrum for Bitcoin.
Electrum is open source and all developers can fork it and use it for their own coin.
That does not mean it's not legit though. All Electrum wallets are open-source and therefore anyone can review the code.
Electrum is open source and all developers can fork it and use it for their own coin.
That does not mean it's not legit though. All Electrum wallets are open-source and therefore anyone can review the code.
it depends on what you are looking at!!!
if you are on this website: https://electrum-ltc.org/
or this github repository: https://github.com/pooler/electrum-ltc
then yes both of these are Legit but it has nothing to do with the bitcoin one or the creator of Electrum (Thomas V.). it is however a fork of the Electrum project and modified to fit Litecoin. it is done by someone trusted who is part of the Litecoin developers team.
https://github.com/pooler he is in https://github.com/litecoin-project
however, if you are on any other link apart from above, or you have downloaded the binaries and did not verify their signatures against the real key (http://pgp.mit.edu:11371/pks/lookup?op=vindex&search=0x6FC4C9F7F1BE8FEA) or verification of it failed then no what you have downloaded is not legit.
if you are on this website: https://electrum-ltc.org/
or this github repository: https://github.com/pooler/electrum-ltc
then yes both of these are Legit but it has nothing to do with the bitcoin one or the creator of Electrum (Thomas V.). it is however a fork of the Electrum project and modified to fit Litecoin. it is done by someone trusted who is part of the Litecoin developers team.
https://github.com/pooler he is in https://github.com/litecoin-project
however, if you are on any other link apart from above, or you have downloaded the binaries and did not verify their signatures against the real key (http://pgp.mit.edu:11371/pks/lookup?op=vindex&search=0x6FC4C9F7F1BE8FEA) or verification of it failed then no what you have downloaded is not legit.
Electrum-LTC, Electrum-Dash and ElectronCash are all based on Electrum bitcoin wallet just because It's open source, It's not in any way affiliated with the creator of the original wallet but to answer your question, yes, they are legit.
Is the Electrum Litecoin Wallet legit? Was it created by Electrum just like the Bitcoin one?
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