Morph - Multi Coin Wallet (BTC, ETH, XRP, NEO, LTC, XLM, LTC + MORE)

[404WockaNotFound]

Hey guys, im looking for some feedback on a wallet that me and my team have been working on.
https://morphwallet.com

We believe that the reason cryptos are not being mass adopted is because of the massive UX problem that exists. Users are forced to remember long private keys or seed backups and have to install multiple wallets just to view and use their funds, not to mention the complicated process of working out TX fees. We aim so solve all of these problems with Morph Wallet.

Morph is extremely secure and has extra security gates that other wallets (such as Ledger nano S) do not have like trusted devices, 2 Factor authentication and automatic key backups so you can never lose your funds. It also is able to store a ton of other coins so you can see all of your funds and spending from one app. We are also available on Android, IPhone and desktop so you can track funds from all of your devices.

For Android download:
https://play.google.com/store/apps/deta ... eus_wallet

For Apple download:
https://itunes.apple.com/us/app/morph-s ... 24027?mt=8

For Web version:
Coming soon (expected end of September)

[1714805791]

1714805791

[SFR10]

im looking for some feedback on a wallet that me and my team have been working on.

Few notes:

1. What's the ETA on the web version?
2. It appears, we're allowed to have a single address for each crypto-currency only (you might want to change that).
3. Add the ability to manually input transaction fees (the 3 options that you already have, are good though).
4. On the video, it says:

Morph wallet stores all of your crypto-currencies in a secure cloud vault

And on the website:

2. How do Morph vaults work?
Vaults are collections of wallets that are securely encrypted with your details so only you can unlock it. Every vault is stored offline in the secure Morph data center and backed up regularly.

Isn't a cloud vault, an online backup?

[404WockaNotFound]

Hi SFR10,

Thanks a bunch for taking a look at out app. To answer your questions:

1. The web version has just recently began production and is expected to be released at the end of September. Would this be something you are excited for?
2. Thank you for the suggestion! I did think about it but wasnt sure if it added much value. Since you have requested it then I will add it to our list of features.
3. Yes, I can also add that to the list. I tried to make the UI as simple as possible and removed that but I guess there are power users that would like to be able to set their TX fee.

Isn't a cloud vault, an online backup?

Yes that is true. However we have extra security around our data center to ensure that it is impossible to be accessed from the outside world. The data center is encrypted at rest and kept offline, it is only able to communicate via the morph node on a LAN based connection. The morph node however is connected to the internet and is able to process requested as long as users pass all of our security gates such as trusted devices, 2 Factor auth, username + password auth ect...

Again thanks for checking us out and let me know if you have any more questions!

[LeGaulois]

It's perfectly the application that needs to have a lot of cryptos (I am not saying thousands of coins of course).  The user interface is neat. Are people able to export their private keys with this wallet? At what speed do you think to add more cryptocurrencies?
It's good to see you're not only targetting smartphone users by building a web version too

[404WockaNotFound]

Hey LeGaulois!

Thanks for using the app! I really appreciate it.
Yes users are in complete control of their private keys and can export them anytime they want. We add crypto currencies quite regularly, we have an update coming out this weekend that adds support for erc20 tokens which means ICON, OmiseGo, Binance coin and Golem.

(I am not saying thousands of coins of course)

Yeah we are trying to just support the coins that have good communities behind them, that way we can prevent shitcoins. After the erc20 update we are going to target IOTA, Tron mainnet and NEP5.

It's good to see you're not only targeting smartphone users by building a web version too

I think users will get the most benefits from our wallet once we can cover the 3 platforms!

Thanks again for the interest!

[LeGaulois]

Hey LeGaulois!

Thanks for using the app! I really appreciate it.
Yes users are in complete control of their private keys and can export them anytime they want. We add crypto currencies quite regularly, we have an update coming out this weekend that adds support for erc20 tokens which means ICON, OmiseGo, Binance coin and Golem.

(I am not saying thousands of coins of course)

Yeah we are trying to just support the coins that have good communities behind them, that way we can prevent shitcoins. After the erc20 update we are going to target IOTA, Tron mainnet and NEP5.

It's good to see you're not only targeting smartphone users by building a web version too

I think users will get the most benefits from our wallet once we can cover the 3 platforms!

Thanks again for the interest!

Thanks for your answer. To be able to export the private keys is perfect. And good to hear new cryptocurrencies will be added regularly. I am the type of person who like the "all in 1" solutions and your wallet is perfect for people owning multiple cryptocurrencies.
Could you take a look at Zencash and consider it? It's one of the coins I will be happy to be able to use with the Morph Wallet

[404WockaNotFound]

I am the type of person who like the "all in 1" solutions and your wallet is perfect for people owning multiple cryptocurrencies

Thanks man, I really appreciate the support!!

Could you take a look at Zencash and consider it?

Ofcourse we can! We shortlist coins based on when our users recommend them so we can definitely look into zencash for your. I was actually already quite interested in zencash after they gave a preety decent show at blockchain conference London.

Thanks for the suggestions!

[BitMaxz]

Looks interesting but it looks like a beta version?
Let me know what are coins are supported with this wallet do you have any blog page on the site where we can see all currently supported coins?

The site looks not legit no privacy policy and no terms and condition and the other thing I notice like SFR10 ask can you explain about this "Every vault is stored offline in the secure Morph data center and backed up regularly.?" how honestly it works? do you have any infographics or video explanation?
Because for me what I understand about offline no one can access it via online so how we can control our vault where wallets are save if it is offline?

[404WockaNotFound]

Hi BitMaxz, thanks for the interest!

It is not in beta version. However it was only officially released last month so there are still ongoing developments.

We currently support Bitcoin, Ethereum, Litecoin, Ripple, NEO, Stellar - OmiseGo, Binance coin, Icon and Golem will be released this weekend as well.

The site looks not legit no privacy policy and no terms and condition

You can find the privacy policy and terms/conditions through our app. This information will be added to the site once the web version of the wallet is released. Right now its not needed since the site alone does not collect any sensitive data.

can you explain about this "Every vault is stored offline in the secure Morph data center and backed up regularly

Ofcourse, I posted in one of the previous comments:
We have extra security around our data center to ensure that it is impossible to be accessed from the outside world. The data center is encrypted at rest and kept offline, it is only able to communicate via the morph node on a LAN based connection. The morph node however is connected to the internet and is able to process requested as long as users pass all of our security gates such as trusted devices, 2 Factor auth, username + password auth ect...

For more info on security checkout: https://morphwallet.com/blog/how-secure-is-morph.html
For a link to our blog: https://morphwallet.com/blog/

Thanks again!

[pugman]

Wow. Seems cool, I'll check this app in a few hours or a little later, but like the concept already. Are you planning to add an exchange support? Like using shapeshift or changelly within the wallet, for even better use? 

About the backup, are they stored on the user's device? Or are they stored in the data center? And I would like a web version of the wallet. 

[Potato Chips]

Uhhh what about if a user forgots his password and didn't backed up his private keys? Do you have a "forgot password" option? If so, how do you make sure that it is the real owner who does that? 2fa? email?

I would also like it if we can freely use as many address as we want. That said, do we have to back up the private key of every address we use?

EDIT: Chipmixer sigs everywhere lol

[404WockaNotFound]

Hey Pugman!

Im really glad you like it and thanks for reading!

Are you planning to add an exchange support? Like using shapeshift or changelly within the wallet

We sure are! We have been in talks with both changelly and shapeshift and are considering them. Im not a massive fan of the exchange rates they offer
so we are also thinking off adding our own implementation in that would offer quicker exchanges and better rates.

About the backup, are they stored on the user's device? Or are they stored in the data center?

The backups are heavily encrypted with your password and then stored in our offline datacenter (which is further encrypted at rest). We do this for 2 reasons - Firstly,
it allows users to access their funds on all devices and it also prevents the loss of funds when people break/lose their phones (which happens A LOT).

And I would like a web version of the wallet

Haha it seems like that is a biggie for this community, Ill up the priority!

---

Hello Potato Chips,  thank you very much for the reply!

Do you have a "forgot password" option? If so, how do you make sure that it is the real owner who does that? 2fa? email?

We follow the same style as LastPass and we are not able to offer a "forgot password" option. This is because the password that you use for your account is a seed master password that
encrypts your vault and all of your data. We have absolutely no control over your funds, data or encryption keys so if you lose your master password you lose your funds.
This also improves our security a lot because it completely removes a lot of attack vectors.

I would also like it if we can freely use as many address as we want

Thanks for the suggestion! That has been requested recently so I will up the priority and yes you would have to back up every private key you would user. We are thinking of introducing our own
wallet export format that would contain the keys of all of your wallets in one easy to copy string.

Thanks!

[pinkflower]

404WockaNotFound, what are your requirements for a low value coin to be included in your wallet? Do the developers have to apply to you or do you do it under your own diligence?

Having that said, are you open to community suggestions? Ty.

[faceoff97]

We believe that the reason cryptos are not being mass adopted is because of the massive UX problem that exists. Users are forced to remember long private keys or seed backups and have to install multiple wallets just to view and use their funds, not to mention the complicated process of working out TX fees. We aim so solve all of these problems with Morph Wallet.

I would still prefer to have the full control of my ptivate key. There is actually a multiasset wallet, that could be in hand with one private key and the private key could be store in a QR code. If the only problem is the long private key, they could actually be simplified code to be one scan away. Open source wallet is still the best, maybe you should work on giving your users the full transparency and control of their fund.