Ratings and Reviews 1 Rating

Total
ease
features
design
support

Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Alternatives to Consider

  • YouHodler Reviews & Ratings
    28 Ratings
  • ND Wallet Reviews & Ratings
    14 Ratings
    Company Website
  • CoinStats Reviews & Ratings
    101,132 Ratings
    Company Website
  • CEX.IO Reviews & Ratings
    29 Ratings
    Company Website
  • Framnex Reviews & Ratings
    1 Rating
    Company Website
  • Chainstack Reviews & Ratings
    34 Ratings
    Company Website
  • OpenMetal Reviews & Ratings
    41 Ratings
    Company Website
  • BLAZE Reviews & Ratings
    6 Ratings
    Company Website
  • Proton VPN Reviews & Ratings
    41,009 Ratings
    Company Website
  • MLM Soft Reviews & Ratings
    19 Ratings
    Company Website

What is Electrum?

Since its inception in 2011, Electrum has emerged as a prominent Bitcoin wallet recognized for its rapid performance, robust security measures, and ease of use, appealing to a wide array of users. To enhance protection against malware, it provides two-factor authentication via Trustedcoin, thereby bolstering transaction security. Furthermore, being open-source software distributed under the MIT License, Electrum allows anyone to set up their own server, fostering a decentralized ecosystem that operates without a central authority. The wallet supports multiple hardware wallets, such as Ledger, Trezor, and KeepKey, ensuring that private keys are securely stored and encrypted on the user's device. In the unfortunate event of loss, users can conveniently recover their funds using a secret recovery phrase, providing peace of mind. Electrum's high efficiency is largely due to its servers that index the Bitcoin blockchain, facilitating quick transactions. Additionally, users can export their private keys for compatibility with other Bitcoin clients, while the decentralized nature of Electrum servers ensures continuous wallet accessibility. The Electrum Wallet also employs Simplified Payment Verification (SPV) to authenticate all transactions in the user's history, while offering options to keep private keys offline and use a watching-only wallet for enhanced security. Overall, Electrum blends powerful features with an intuitive design, making it an excellent option for Bitcoin enthusiasts seeking reliability and security in their digital transactions. With its commitment to user satisfaction, Electrum continues to evolve and adapt to the ever-changing landscape of cryptocurrency.

What is BitPolaris Proof of Reserves Kit?

The Proof of Reserves Kit functions as a crucial verification instrument for reserves, targeting cryptocurrency exchanges, brokers, and custodians in need of confirming customer balances or conducting reserve audits. It enables the importation of liability balances through multiple methods, including CSV files, read-only SQL queries, or internal HTTP endpoints, which are subsequently organized into a Merkle sum tree. This application verifies declared wallet balances on networks such as EVM, TRON, Bitcoin, Solana, and XRP Ledger at designated block or ledger positions, and effectively accommodates Bitcoin HD wallets by utilizing their extended public keys. Moreover, it employs read-only connectors to retrieve balances from Fireblocks vaults, alongside both Binance spot and funding accounts. The software not only verifies wallet ownership signatures but also produces daily snapshots that are Ed25519-signed, in addition to auditor reports and CSV annexes available in English and Turkish. Users can also validate individual inclusion proofs through a specialized branded verification page, enhancing transparency. This service is made available as either a BitPolaris-hosted option or can be installed directly on client servers, which guarantees that it neither stores any keys nor facilitates fund movements. Such dual accessibility significantly boosts its adaptability for various operational setups within the ever-evolving cryptocurrency landscape. Ultimately, this kit provides a reliable framework for maintaining trust and integrity in cryptocurrency transactions.

Media

Media

No images available

Integrations Supported

Bitamp
Bitcoin
COLDCARD
Cointelli
Divly
Keystone Wallet
Koinly
Lightning Network
Lydia Finance
Sparrow Wallet
Walletify
ZenLedger

Integrations Supported

Binance
Fireblocks
OpenDAX

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

€490/month
For existing BitPolaris customers, the add-on costs €1,700 one time plus €85/month. The standalone hosted plan costs €6,300 for setup plus €490/month. The self-hosted license costs €9,800 one time, followed by €1,960/year for updates. Audit-day support costs €980 per quarter.

Supported Platforms

Android
Windows
Mac
Linux

Supported Platforms

SaaS
On-Prem

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Electrum

Date Founded

2011

Company Website

electrum.org

Company Facts

Organization Name

BitPolaris

Date Founded

2016

Company Location

Türkiye

Company Website

bitpolaris.com/products/proof-of-reserves/

Categories and Features

Crypto Wallets

Not specified

Categories and Features

Crypto Compliance

Not specified

Popular Alternatives

Popular Alternatives

No Alternatives
Ledger Live Reviews & Ratings

Ledger Live

Ledger