Mayank Sharma of TechRadar praised the wallet's advanced features, such as multisignature transactions, while noting that the wallet is not designed for inexperienced users.4 Marco Monroy Robles of Money liked Electrum's simple setup process, but criticized its lack of direct customer support.5
Although wallet files are encrypted with PBKDF2, private keys are encrypted with AES256 with the user's password. This could allow an attacker with access to the encrypted data to decrypt the private keys using a dictionary attack or a brute force attack.6
Zhang, Yiyin (May 2023). "SoK: Anonymity of Lightweight Clients in Cryptocurrency Systems". 2023 IEEE International Conference on Blockchain and Cryptocurrency (ICBC). pp. 1–18. doi:10.1109/ICBC56567.2023.10174913. ISBN 979-8-3503-1019-1. 979-8-3503-1019-1 ↩
Conrad, Barski (2014). Bitcoin for the Befuddled. No Starch Press. p. 14. ISBN 978-1-59327-573-0. 978-1-59327-573-0 ↩
Caetano, Richard (2015). Learning Bitcoin. Packt Publishing. p. 70. ISBN 978-1-78528-730-5. 978-1-78528-730-5 ↩
Sharma, Mayank (2021-01-26). "Electrum cryptocurrency wallet review". TechRadar. Retrieved 2025-01-29. https://www.techradar.com/reviews/electrum-cryptocurrency-wallet ↩
Robles, Marco Monroy. "Electrum Crypto Wallet Review". Money. Retrieved 2025-01-29. https://money.com/electrum-crypto-wallet-review/ ↩
Holmes, Arran; Buchanan, William J. (2023-03-01). "A framework for live host-based Bitcoin wallet forensics and triage". Forensic Science International: Digital Investigation. 44: 301486. doi:10.1016/j.fsidi.2022.301486. ISSN 2666-2817. https://www.sciencedirect.com/science/article/pii/S2666281722001676 ↩