Frequently asked questions

Question 1

What is Electron Cash?

Accepted Answer

Electron Cash is categorized as a hot wallet and an SPV (“Simplified Payment Verification”) wallet. Electron Cash is designed for managing Bitcoin Cash (BCH) without requiring the full blockchain download.

Question 2

Is Electron Cash safe & legit?

Accepted Answer

Electron Cash is open source and non-custodial. There have been no confirmed major hacks or scandals, though users should always verify downloads via checksums or GPG signatures.

Question 3

Who created Electron Cash?

Accepted Answer

Electron Cash originated as a fork of the Electrum wallet for Bitcoin Cash released by developer Jonald Fyookball.

Question 4

Where is Electron Cash's company based?

Accepted Answer

Electron Cash is community-developed, with no official company or headquarters.

Question 5

How does Electron Cash work?

Accepted Answer

Electron Cash operates as an SPV wallet where transactions are verified and signed locally while using a network of external servers for blockchain data. Features include private-key encryption, seed-phrase backup, cold-storage support, multisig, privacy enhancements like CashFusion and Reusable Payment Addresses (RPA), and token support via CashTokens.

Question 6

When was Electron Cash launched?

Accepted Answer

Electron Cash was first released in August 05, 2017.

Electron Cash