has support for () on its Wallet app.
Previously known as Toshi, the newly-rebranded Wallet has long supported (ETH), Classic (ETC), more than 100,000 ERC20 and ERC721 collectibles. Now, users can finally use the app for storage and transactions. (Why it took so long for the first and foremost to be added to the Wallet is over our head — but it probably has ‘something to do with SegWit.’)
Speaking of , Wallet supports both the soft-forked formats (which you should probably use) and old-school wallets — meaning everything is backward compatible. As an added bonus, Wallet also supports the Testnet.
Multi-coin support for Wallet, now with ! Store your own private keys. Let’s keep growing the
— Brian Armstrong (@brian_armstrong)
Not Your Keys, Not Your ₿itcoin
Unlike the standard web-based platform or mobile app, storing () in Wallet is private — meaning the San Francisco-based company doesn’t have access to your private keys. In fact, users private keys are encrypted using Secure Enclave technology.
The move from positions its Wallet as a direct competitor to the likes of , a popular and user-friendly iOS and Android app that allows users to privately their digital assets without submitting know-your-customer (KYC) requirements. Furthermore, the move is almost certainly a move to provide users with something they have been lacking for years — a proper that actually puts users in control of their and cryptoassets.
For those still interested in Cash (BCH) and (LTC), is looking to add support for both of the in the near future.
In other , also just added support for PayPal in European Union (EU) and European Free Trade Association (EFTA) countries.
What do you think about Wallet and the better-late-than-never addition of ()? Do you plan on using it? Let us know your thoughts in the comments below!
Images courtesy of Shutterstock.
Published at Thu, 07 Feb 2019 05:05:10 +0000
