DropBit, CoinNinja’s New Mobile Wallet

[kjlimo]

We at CoinNInja are proud to launch our new Bitcoin mobile wallet today, DropBit.
TL;DR

• New Mobile Bitcoin Wallet (free)
• Non Custodial (no account setup/ you own your coins)
• Send and receive using Phone Number
• Simple enough for Grandma to use.
• Powerful enough for Andreas to use.
• Download now and gives us your thoughts below.

https://dropbit.app


We hope you all will try it out and consider making it your new go-to Bitcoin mobile wallet. A lot of the design and features were based on who we are as a company.

Who is CoinNinja?

We are a small group of developers based in Akron, Ohio with one goal… Accelerating the global adoption of Bitcoin. We believe Bitcoin, and Crypto in general, are the future of global currency. Adoption is key to this. Everyday people must start using Bitcoin to buy and sell goods. We understand this adoption will take time but if we can speed it up, just a little, we will have met our goal. The way to do this is to help everyday people (noCoiners) understand why Bitcoin is better than current fiat currencies and teach them just enough to be able to easily and securely store and transact with Bitcoin. We started meeting these goals about a year ago with a simplified block explorer and educational videos. Today we bring this all together with a secure and easy to use mobile app for IOS and Android: DropBit.

DropBit is teaching.

We created DropBit to quickly teach new users about Bitcoin, before using it. Upon the initial download, there are training and educational screens to help people understand first ‘Why Bitcoin?’, and then how to use recovery words to secure their Bitcoin. These screens can be skipped for people already familiar with Bitcoin.

DropBit is simple.

The DropBit app works the same as most non-custodial mobile wallets out there. Users can store, send, and receive Bitcoin right from their mobile device with no account sign up.
The biggest difference with our wallet is our proprietary DropBit feature which allows users to send Bitcoin using only the user’s contact list, or by entering a phone number.
People new to Bitcoin don’t necessarily need to know what Bitcoin addresses are or how to use them. Our app will allow you send Bitcoin by way of a phone number, while transferring Bitcoin to a receive address in the background. Unlike other services offering something similar, we never take control of your Bitcoin. DropBit makes sending Bitcoin as easy as using CashApp or Venmo while still keeping all the decentralized benefits of Bitcoin. In fact, when we’ve demonstrated DropBit to people, they often say oh ‘this is just like Venmo or Cash App for Bitcoin’. That’s a big compliment to us and exactly what we are trying to achieve - simplicity in sending money to one another.
Learn more about this feature at https://dropbit.app/dropbit

DropBit is Sharing

Even if someone has never used, or even heard about Bitcoin, our app allows them to send and receive Bitcoin easily. Non-users will receive a text alerting them to an incoming Bitcoin transaction. Once they download the Dropbit app, they will have some Bitcoin waiting for them. This makes Dropbit the easiest way to get NoCoiners to start using Bitcoin.

Questions?

We would really love to have everyone try it out. Download DropBit from the App Store or Play Store, explore the app, and tell us what you think, and how we can make this the best wallet available. We will be answering questions and taking suggestions on how to improve for the next few hours and days through this Reddit thread.


Keep HODLing,
The CoinNinja Team

[blockchainreign]

this wallet looks really promising.  nice job seriously

[OmegaStarScream]

Did you make the app country restricted? because when I try to access the Play store page, It says that this Item is not available in my country.

[Lucius]

I want to try, but i can't because Google Play says "This app is incompatible with your device.". Do you have list of supported device?

According to available information, this app requires Android version 4.3 at least or above versions, and since I try on one old Android phone I also get same message.

DropBit is teaching.
We created DropBit to quickly teach new users about Bitcoin, before using it. Upon the initial download, there are training and educational screens to help people understand first ‘Why Bitcoin?’, and then how to use recovery words to secure their Bitcoin. These screens can be skipped for people already familiar with Bitcoin.

This one I particularly like, and every wallet/service related to cryptocurrency should have an educational part like this. I just hope this app is not only restricted to US, because it seems that some countries are blocked for now.

[Rath_]

According to available information, this app requires Android version 4.3 at least or above versions, and since I try on one old Android phone I also get same message.

I don't think that it's because of the outdated Android. According to Google Play, this wallet is not compatible with my Samsung Galaxy S8+ and S9+. There must be something wrong with the app itself. Obviously, I can't find it when I browse Google Play on my devices.

[Lucius]

According to available information, this app requires Android version 4.3 at least or above versions, and since I try on one old Android phone I also get same message.

I don't think that it's because of the outdated Android. According to Google Play, this wallet is not compatible with my Samsung Galaxy S8+ and S9+. There must be something wrong with the app itself. Obviously, I can't find it when I browse Google Play on my devices.

You're absolutely right, I also try with one pretty new LG and get the same problem, and when try to find it by Google Play it does not find this application in search results. Maybe something is wrong with the app itself as you say, but there are few tricks if someone wants to try.

To fix the “your device is not compatible with this version” error message, try clearing the Google Play Store cache, and then data. Next, restart the Google Play Store and try installing the app again.

Device-not-compatible-error-message-in-Google-Play-Store & The Ultimate Guide to Installing Incompatible Android Apps from Google Play

[kjlimo]

Did you make the app country restricted? because when I try to access the Play store page, It says that this Item is not available in my country.

Sorry, the app is US only at this time.

Aiming for Q1 of 2019 for international support. It all depends on texting fees in other countries.

https://www.reddit.com/r/Bitcoin/comments/a7ecgr/introducing_dropbit_coinninjas_new_mobile_wallet/

[bob123]

The UI looks pretty nice (at least from the pictures on the website; non-US user here).

But is there a good reason to NOT open source the project ?
Because this is a wrong message, especially for a bitcoin wallet.

Using closed source wallets implies that the user HAS to trust the developer (to not be malicious AND to be competent enough to code it properly).

Creating software for a decentralized and open-source protocol, which itself is closed source.. just feels extremely wrong.


I doubt anyone with security in mind will use your wallet for more than just one try with a few $ worth of BTC.


Also, do you have any reports regarding the security of your wallet ? Audits ? Or shall the user blindly trust your competence as a developer ?