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Poll
Question: Do you need multiple Wallets to manage your coins?  (Voting closed: September 22, 2017, 09:52:37 AM)
Yes, I need several Wallets - 15 (68.2%)
No, one wallet that supports BTC is enough - 1 (4.5%)
No, one wallet that support different coins is enough - 6 (27.3%)
Total Voters: 22

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Author Topic: Wallets and Coins  (Read 5559 times)
lyminmin
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September 12, 2017, 09:52:38 AM
 #1

We have a new project that provides Wallet for cryptocurrency, but we are not sure whether users will need multiple Wallets to manage their coins, that's why I am starting this poll, please help~ Smiley
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September 12, 2017, 02:09:47 PM
 #2

I'd personally like to see more multi-coin wallets built into one single application, I'd also prefer it if it was open source.
Something like Coinomi, but also available for desktop and not only mobile platforms.

You'd also need support for as many coins as possible.


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September 12, 2017, 02:17:06 PM
 #3

for bitcoin alone there are enough variety of wallets to use.

for altcoins, many like holding them in their own wallets but the problem is usually the fact that they all need a lot of space. so if a multi-coin wallet which was also light (as in SPV wallets) were to be created which was also open source and without bugs then it would be preferable for them only.

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September 12, 2017, 04:50:06 PM
 #4

I use several wallets because most of them cannot support all of my coins.
It will be good if there is a wallet that support multiple coins however I would like to control the private keys.


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September 12, 2017, 07:22:15 PM
 #5

Yes I think there is huge demand for multi coin wallet but you have to make it SPV wallet like jaxx and with better security than jaxx (there is news that jaxx doesn't encrypt recovery phrase.

Also you need to spend few $ in marketing to create some buzz or you can request crypto related blogs to write about your wallet for free or for some bitcoin. How you can recover all these cost depends on you...
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September 12, 2017, 10:59:27 PM
 #6

Interesting concept. The key here is security - you'll need to keep in mind that you either offer the customer the option to store their private keys separately or you take good care of encrypting them.

Question: how are you going to calculate the balances of all these wallets if you are not holding the entire blockchain for all these altcoins?
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September 12, 2017, 11:39:15 PM
 #7

Personally, I would like to use a wallet which can support various cryptocurrency which support top 10-20 coins from coinmarketcap will be enough.
But, if you can develop a wallet to store bitcoin and several coins based on ethereum blockchain will be fine. I know it wouldn't be easy, but many people will use this wallet if you can make it. Waiting for more information about your project, good luck.
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September 13, 2017, 12:54:55 AM
 #8

i am using multiple wallets and i don't put all my investment to 1 wallet.

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September 13, 2017, 02:24:56 AM
 #9

Many thanks to you all! Wink Wink
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September 13, 2017, 06:10:24 AM
 #10

I am using multiple wallets to store my bitcoin.. I didn't preferred to store all my assets in a single wallet due to security purposes.

If ever you're planning to make a wallet that support multiple currencies then I will suggest to include different tokens also to make it more centralized and friendly use.
Be sure to apply high security measures for this one.
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September 13, 2017, 11:09:07 AM
 #11

Securing your funds in several wallets always a good thing.

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September 13, 2017, 02:53:43 PM
 #12

I spread my coins across a few wallets, for security..
Although now, with all the Altcoins, I have more wallets than I'd like to..

I wish there were a more universal crypto wallet.
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September 13, 2017, 03:01:12 PM
 #13

I like many multicoin wallets. Maybe you could make one, that also supports ETH token in an easy way. Could you also implement an exchange service? Would be great.

   

 
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September 13, 2017, 04:59:59 PM
 #14

The multi coin wallet is currently in the works by many teams, however as of yet we haven't seen anything that would satisfy most people's needs. Security and altcoin options are the difficult issues at hand. This is a great opportunity.
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September 13, 2017, 08:40:14 PM
 #15

Multiple wallet and it should be open source. I think that is the best solution at the moment Smiley
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September 13, 2017, 08:54:35 PM
 #16

We have a new project that provides Wallet for cryptocurrency, but we are not sure whether users will need multiple Wallets to manage their coins, that's why I am starting this poll, please help~ Smiley

Of course one wallet with many features like holding much coins is a good idea but depends on how secure it will be (you may know what software needs bug checks and etc). But will that wallet be online or offline? Because there was one online wallet bit.ac and people don't liked their service + they weren't able to become popular despite the fact that they tried their best in promoting. Gaining trust will be hardest moment, so if you have money and team for that, then it will be good.

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September 13, 2017, 11:34:39 PM
 #17

If you can make it, people will like to use it.
The wallet must have some features like can export private keys and set custom fees.
But there are some questions about it;
how much coins you've planned to supported by this wallet?
How about the security?
It's possible for a wallet could generate some addresses for various cryptocurrencies?

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September 14, 2017, 09:05:32 PM
 #18

I like many multicoin wallets. Maybe you could make one, that also supports ETH token in an easy way. Could you also implement an exchange service? Would be great.

This idea of a multi coin wallet with an exchange service is great! It is really something missing in the market since we cannot leave our cryptos on the exchange (too risky!) and once we want to sell them it's never that quick because we have to transfert from a wallet to an exchange. Sometimes we want to sell the coin at a price but we don't want to leave the coin on the exchange, this is very complicated to take the exact price wished.
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September 15, 2017, 01:21:55 AM
 #19

I like many multicoin wallets. Maybe you could make one, that also supports ETH token in an easy way. Could you also implement an exchange service? Would be great.

This idea of a multi coin wallet with an exchange service is great! It is really something missing in the market since we cannot leave our cryptos on the exchange (too risky!) and once we want to sell them it's never that quick because we have to transfert from a wallet to an exchange. Sometimes we want to sell the coin at a price but we don't want to leave the coin on the exchange, this is very complicated to take the exact price wished.

Do you realize that your words against yourself? there's no difference if a wallet is an exchange as well, it's called exchanges.
The best place to buy and sell cryptocurrencies is through exchanges, they provide wallet for various coins as well which you can call it 'multi coin wallet with an exchange'. No need to transfer a coin to exchange if you keep it in an exchange in the first place. The idea of multi coins wallet is useless if you can't get the private keys or other third platforms know your private keys.
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September 15, 2017, 04:11:38 AM
 #20

I personally would like to use a wallet that holds different kinds of coins. Just ensure to keep the security up. Also increase the amount of coins we can store in the wallet.

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