Welcome Anuj,
My advice can be to arrange and run your individual bitcoin complete node and fix your Electrum pockets to it. This offers you whole autonomy and make allowance you to ensure all transactions independently. Via working your individual node, you’ll be able to be sure that you’ve got complete keep an eye on over your transactions and will steer clear of any doable safety dangers related to depending on third-party nodes.
Whilst having whole keep an eye on over your price range will also be high-quality, it additionally comes with the chance of shedding your entire price range when you don’t seem to be cautious. Subsequently, it is very important to have a radical working out of the device earlier than storing a vital quantity of price in it.
In regards to the phrases SegWit vs Local SegWit (Bech32) – those are two cope with codecs utilized in bitcoin transactions. There are different cope with codecs in use as smartly.
Chances are you’ll to find it useful to seek advice from Jameson Lopp’s web page, which supplies a curated record of bitcoin assets: https://www.lopp.internet/bitcoin-information.html — This website online gives a wealth of data on complete node setup and different facets of the bitcoin ecosystem.
When you have any questions or considerations, don’t hesitate to succeed in out. The oldsters listed here are at all times keen to lend a hand and supply steerage.
