UniSat Wallet - User Experiences

[Forsyth Jones]

Has anyone tested this wallet?

Report your user experiences here.

UniSat is a wallet for subscribing to BRC-20 tokens, NFTs, but apparently it can be used as a basic wallet for sending and receiving BTCs.

I liked it because of its practicality, conservative UI and it's a Chrome extension, I've been missing a good Chrome extension Wallet for a long time.

[Churchillvv]

For me I haven't tried the wallet so I don't have any experience on it yet but I might try since you've brought it to my notice.

basically I don't really like anything that has to do with ordinals protocol and from my quick search I can say it was primarily developed for holding NFTs and tokens, so bitcoin is just an additional feature that might bring attention. although its open source which gives it a little ground for interest yet I wouldn't like to use it because of its rating which is 2 star wallet, that means it still have some outstanding issues that is reducing the rating.

[Yamane_Keto]

I had never heard of it before, so I decided to try it. It appears from the code that it was built on the MetaMask wallet, as it is a light version that scans the memepool looking for ordinals, and then you can send or receive an inscribing transaction.

release-notes suggest continuous development.

The private key is generated on the client side and with good entropy, it is completely secure, just like in MetaMask, but I don't like the concept of accounts where you will have one private key (a single address for each account).
https://github.com/unisat-wallet/extension/blob/master/src/ui/pages/Account/CreateSimpleWalletScreen.tsx

In short, it is good if you want to try inspection bitcoin, copy your private key and keep it.

The bad aspects of the wallet are related to privacy, as your IP address may be recorded, they may use your cookies, local storage, Google Analytics, IPs for commercial purposes or exchange your data with a third party, so be careful and use it in an open source system or with VM machines.

https://unisat.io/privacy-policy.html

[Forsyth Jones]

although its open source which gives it a little ground for interest yet I wouldn't like to use it because of its rating which is 2 star wallet, that means it still have some outstanding issues that is reducing the rating.

Well, it's a relatively new wallet, so the rating is still low.

The private key is generated on the client side and with good entropy, it is completely secure, just like in MetaMask, but I don't like the concept of accounts where you will have one private key (a single address for each account).
https://github.com/unisat-wallet/extension/blob/master/src/ui/pages/Account/CreateSimpleWalletScreen.tsx
https://unisat.io/privacy-policy.html

As I had thought, I was surprised by the fact that the addresses are called accounts at UniSat, in addition, Unisat does not add up the address balances, which leads me to believe that when sending, it can only spend on outputs from one address (account) just...

This is very strange, since this is the basic thing that all wallets do, add up the balance of all addresses, send the rest to change addresses, etc... Unisat doesn't do any of that, it's a shame.

Better to leave this wallet to NFTs, ordinals users.

[AprilioMP]

Has anyone tested this wallet?

Report your user experiences here.

UniSat is a wallet for subscribing to BRC-20 tokens, NFTs, but apparently it can be used as a basic wallet for sending and receiving BTCs.

I wouldn't want to use a web wallet as a place to store assets even though it has the best reviews from users who have used it. Still I don't believe it and have a level of worry if I use it.

Unisat Wallet is still in beta which can be seen on the website https://unisat.io/

Indeed, Unisat has several features like BRC20 including a swap module. Then on the marketplace ordinals and atomics are available. That part I don't know. It's natural because I'm not a web wallet user.

[Yamane_Keto]

As I had thought, I was surprised by the fact that the addresses are called accounts at UniSat, in addition, Unisat does not add up the address balances, which leads me to believe that when sending, it can only spend on outputs from one address (account) just...

From a cryptographic standpoint, both Bitcoin and Ethereum use the same elliptic curve SECP256K1. But instead of following the usual approach in BIP wallets, you use one master key, and through this master key you can generate both Bitcoin addresses and the Ethereum address, and then the Ethereum address can be used in both (EOAs) and contracts.

The same thing can be done with BIP44wallet but by changing the path to m/44'/60'/0'/0

The word accounts is not common in Bitcoin wallets versus HD wallet, and almost the same principle is done in trust wallet, but from a cryptographic, as long as the private key is generated with sufficient random entropy, you are safe and you can create many accounts if you want more than one address and since it is an extension wallet, it is best to use it for NFTs, ordinals only.

[cygan]

i came across this wallet today, and since there's already a thread about it, among other things, i think this is a good place for further discussion and new updates.
the wallet, which can run on both mobile platforms (iOS and Android) and be installed as a browser extension, is currently available in version 1.7.19:

https://github.com/unisat-wallet/wallet/releases/tag/extension%2Fv1.7.19

[ABCbits]

is currently available in version 1.7.19:

https://github.com/unisat-wallet/wallet/releases/tag/extension%2Fv1.7.19

I'm a bit surprised this wallet still recently updated, considering hype of Ordinal, BRC-20 and others have passed. Looking at their marketplace, it seems they still show 30d volume by default, to give appearance there are many trading activity.

[Forsyth Jones]

I'm a bit surprised this wallet still recently updated, considering hype of Ordinal, BRC-20 and others have passed. Looking at their marketplace, it seems they still show 30d volume by default, to give appearance there are many trading activity.

I feel we could have more browser extension wallets like Unisat. I think it's a practical idea (despite being a browser extension), but Unisat had a privacy problem on Bitcoin (at least when I used it): Bitcoin addresses are reusable, and to get a new address, you had to get another Bitcoin account (not seed, but account level). Has this behavior remained?

[satscraper]

I'm a bit surprised this wallet still recently updated, considering hype of Ordinal, BRC-20 and others have passed. Looking at their marketplace, it seems they still show 30d volume by default, to give appearance there are many trading activity.

I feel we could have more browser extension wallets like Unisat

I feel  opposite. More browser wallet extensions means more fake extensions that resemble legitimate ones, which could lead to more people losing money ^{not to mention the risk of session hijacking and wallet data manipulation}.

Besides, every extension influences  browser’s fingerprint, making it unique. In my view keeping low profile is the best practice for crypto holders.

I always avoid them.

[bitmover]

I'm a bit surprised this wallet still recently updated, considering hype of Ordinal, BRC-20 and others have passed. Looking at their marketplace, it seems they still show 30d volume by default, to give appearance there are many trading activity.

I feel we could have more browser extension wallets like Unisat. I think it's a practical idea (despite being a browser extension), but Unisat had a privacy problem on Bitcoin (at least when I used it): Bitcoin addresses are reusable, and to get a new address, you had to get another Bitcoin account (not seed, but account level). Has this behavior remained?

The idea is that unisat is "web3" bitcoin wallet, just like metamask, Phantom etc.

I think unisat made a good move in this direction which bitcoin wasnt in that web3 wallet world., although metamask and phantom also support bitcoin as well.

But after runes and ordinals collapsed ,that wallet doesnt make much sense anymore

[Yamane_Keto]

I'm a bit surprised this wallet still recently updated, considering hype of Ordinal, BRC-20 and others have passed. Looking at their marketplace, it seems they still show 30d volume by default, to give appearance there are many trading activity.

I’ve reviewed the last 5 releases; they weren’t just minor updates or bug fixes, but included the addition of many new features. The development team had been active, rolling out a new version every few weeks. I wonder why they’ve stopped since August 6th.

[ABCbits]

But after runes and ordinals collapsed ,that wallet doesnt make much sense anymore

yeah, the only usage to help selling any remaining runes and other token you have.

I'm a bit surprised this wallet still recently updated, considering hype of Ordinal, BRC-20 and others have passed. Looking at their marketplace, it seems they still show 30d volume by default, to give appearance there are many trading activity.

I’ve reviewed the last 5 releases; they weren’t just minor updates or bug fixes, but included the addition of many new features. The development team had been active, rolling out a new version every few weeks. I wonder why they’ve stopped since August 6th.

The release frequency looks consistent enough to me. For example, extension v1.7.17 released in Jul 2 while extension v1.7.16 released in May 22.