Upgrade your wallet

in money •  6 years ago 

If you haven't been up-to-date with happenings and upgrades going on with crypto wallets, let me inform you a bit.

Mycrypto.com, en ERC-20 wallet, created by the myetherwallet.com co-founder (isn't this the service that split off from my etherwallet?) brings in a new cool feature - scheduling transfers.

Why would you need this feature? Well, initially, we never need everything, but if this feature is there, it's another bonus reason to use the service. Imagine scheduling payments for ICOs, subscriptions, monthly bills - all while taking off for a long vacation - this is now possible with this feature.

Nothing much to talk about this really - go check it out. It's essentially a clone of myetherwallet by a competitive entity.

Materials:
ccn.com


Bitcoin transaction anonymity

Some of you might have thought that sending Bitcoin on the chain is completely anonymous, because of the fact that we don't have to provide any kind of personal information usually. But that's not 100% the case, all transactions leave a trace, a fingerprint, that can be tracked to its origin.

Currently there is no standard for Bitcoin wallet clients when ordering transaction inputs and outputs. As a result, wallet clients often have a discernible blockchain fingerprint, and can leak private information about their users (via bitcoinist.com)

Enter Samourai. We've talked about Samourai before, our favourite security-wallet for BTC, so lets visit them again.

But how does Samourai make it happen, to hide the trace? Basically, they make use of multiple trusted and cooperating wallets, that don't disclose the private details.

Here's the link to explore the 2-wallet Samourai Stowaway tx:
oxt.me/transaction

To read more, head over to the bitcoinist.com article, which goes into furthr details on this.

Check it out - innovation is right here!




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My favorite bitcoin wallet is Mycelium but Samourai sounds like its a great option. I may download it and give it a try.

Wallets and their security are the most important aspect of a user's responsibility when investing in crypto. Love to see advancements in wallet security. Thanks for posting.

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