ElectrumSV wallet enters the cryptocurrency market space for the reincarnated version of the top most crypto in global ladder, Bitcoin SV. Backed by bComm Association, the release of this Ethereum converted wallet for BTC is announced by it. The users can now avail the version 1.0.0 of the wallet at electrumsv.io and the MIT license lifts it up for free usage.
Deviating from the rest of the BSV ventures including HandCash, Cashpay and Centbee whose focus is developing mobile wallet, the objective of ElectrumSV is becoming a desktop wallet. The wallet is a combination of Electron Cash and Electrum wallet and hence features an advanced interface for flexible import of private keys, managing historical transactions and wallet keys and finally, merging with hardware wallets, namely, Keepkey, Bitbox and Ledger.
The Electrum wallet suits the best for BTC storage due to its strong technical set up although it was originally developed for Bitcoin Core [BTC] chain. Following the Bitcoin hardfork in August 2017 that led to the emergence of Bitcoin Cash [BCH], the Electrum dedicated to this digital currency was also developed which was dubbed as “Electron Cash”.
Bitcoin SV has derived its name from the “Satoshi Vision”, the maker of the most popular crypto. The newly emerged coin envisions to restore the original protocol of Bitcoin, maintaining its stability and pushing up its scaling. BSV is a product of BCH hardfork on 15th November.
Now, Roger Taylor and Neil Booth, the two developers found reasons to bring up the latest Electrum wallet version for BSV. These two masterminds were also behind the making of Electron Cash version of the wallet.” Bitcoin SV is the only Bitcoin that follows the whitepaper and values being stable and non-experimental, ElectrumSV naturally builds on it,” ElectrumSV.io website reads.
The two developers have jointly remaked, “We agree with the Bitcoin SV message that it’s time for Bitcoin to grow up, keep a stable protocol without constant developer experimentation, and move to its next phase for scaling and mass adoption. ElectrumSV is contributing to that effort by leaving behind the developer-focused experience, and making a wallet with easy-to-use features for everyone. We intend to continue making more improvements for the future.”
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