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Author Topic: Multicoin wallets  (Read 364 times)
CryptoBull31
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November 06, 2018, 12:22:15 PM
 #21

I'm not a fan of closed source wallets as you can never know what's going on behind the scenes but I want to give them a try since I'm not planning to hold large amounts anyway.

I've managed to find Atomicwallet, Exodus and also Coinomi which is not out yet but from the screenshots they posted, it looks very promising. I want to know your thoughts on these wallets and others If you have as well.
If you not intent to hold big amount in those coins then you may try one of those,I believe that Coinomi wallet is better than other because which is considered as reputed multi coin wallet and it supports huge number of multiple cryptos as well but any way do it as your own risk.

By this logic it's okay to keep your cryptocurrency on Binance or Coinbase because they are "reputed". Closed source wallet like coinomi is no different than keeping money on exchange, you can't fully verify what happens to the private keys. You can lose funds any time and you just decide to believe in good intentions of some people you never even seen.

I've personally been very happy with Exodus, but I'm afraid that it's not fully open source.
Parts of the wallet are open source though and they're transparent about that fact.

Source:
https://support.exodus.io/article/89-is-exodus-open-source

I do want to check out Hodler, since it seems to be fully open source.

Exodus is a wallet that looks very nice and has a nice interface but I checked that link you provided and it says there: "If open source is a major source of impact for your choice in software, Exodus is not for you. " For me it means, "if you intend to use cryptocurrency, don't use this wallet".  Grin Maybe it's good for people who just started getting interested in cryptocurrency and want a nice looking app... but if you own more crypto you don't care about flashy looks, you just want to be able to 100% verify every aspect of security of your coins. People already learned to understand why you should never keep funds on an exchange, it's about time to start feeling the same about keeping funds on a closed source wallet.
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faceoff97
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November 06, 2018, 06:27:07 PM
 #22

I've personally been very happy with Exodus, but I'm afraid that it's not fully open source.
Parts of the wallet are open source though and they're transparent about that fact.

Source:
https://support.exodus.io/article/89-is-exodus-open-source

I do want to check out Hodler, since it seems to be fully open source.
Its time to move on closed source wallet like Hodler wallet. We need more of security than nice interface, as Hodlers all we need  is the full control over our funds and fully very every aspect of our coins security. I'm also eyeing on Hodler wallet since it's the first and only multiwallet. Seems like they got the point of cryptocurrency which is to give every user the freedom from any third trusted party. I'm in their telegram and the are actually having infrastructure test with Bitcoin airdrop, you should check it out.
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November 07, 2018, 05:10:39 AM
 #23

Its time to move on closed source wallet like Hodler wallet. We need more of security than nice interface, as Hodlers all we need  is the full control over our funds and fully very every aspect of our coins security. I'm also eyeing on Hodler wallet since it's the first and only multiwallet. Seems like they got the point of cryptocurrency which is to give every user the freedom from any third trusted party. I'm in their telegram and the are actually having infrastructure test with Bitcoin airdrop, you should check it out.
Have you used that wallet? I saw that they ran a signature campaign but it didn't go long.

I think I'll try to look with that wallet but as of now, I'd say that I trust wallets that are reliable and has been built for a very long time. But I think if hodler wallet remains the same like that then it can be the same trusted and reliable wallets that we have been using that. As of now, I don't have any feedback and review with that wallet.

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faceoff97
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November 08, 2018, 05:32:02 AM
 #24

Its time to move on closed source wallet like Hodler wallet. We need more of security than nice interface, as Hodlers all we need  is the full control over our funds and fully very every aspect of our coins security. I'm also eyeing on Hodler wallet since it's the first and only multiwallet. Seems like they got the point of cryptocurrency which is to give every user the freedom from any third trusted party. I'm in their telegram and the are actually having infrastructure test with Bitcoin airdrop, you should check it out.
Have you used that wallet? I saw that they ran a signature campaign but it didn't go long.

I think I'll try to look with that wallet but as of now, I'd say that I trust wallets that are reliable and has been built for a very long time. But I think if hodler wallet remains the same like that then it can be the same trusted and reliable wallets that we have been using that. As of now, I don't have any feedback and review with that wallet.

Yes, I tried it. They will be doing infrastructure test on Friday with 1600$ Airdrop worth of Bitcoin. They have a really good project, it is the only open source multiwallet available which makes it gain attention to the community. I love that they give importance on having open source feature since most wallet available now are closed source which didn't give assurance on the safety of funds. Read more about their project on their telgram.
rhomzkie26
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November 08, 2018, 09:59:36 AM
 #25

I'm not a fan of closed source wallets as you can never know what's going on behind the scenes but I want to give them a try since I'm not planning to hold large amounts anyway.

I've managed to find Atomicwallet, Exodus and also Coinomi which is not out yet but from the screenshots they posted, it looks very promising. I want to know your thoughts on these wallets and others If you have as well.

Well, regarding your statement I have downloaded exodus on my desktop, but I never try to use it yet maybe later Cheesy
Then, coinomi was a good one for android usage. But for me it is still good to use myetherwallet(MEW) you can save their as long as you can save coins over that platform, as long as you keep your private key and password and be careful on the phishing site also.
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