All tagged finance

A Wallet Done Right - A Summary

This is the last article in our feature series for winter/spring 2019. We have for some weeks now been posting [blog posts][0] about highlighted features in our wallet, how they work and how they are supposed to be of value to our users. We wanted to invite our users into the ideas behind the wallet, its purpose and how we have personally been thinking in the development and process. Here is a summary and brief presentation of the features that we have talked about during this series.

Why You Should Use 'Sign Message' In Your Crypto Wallet

Let’s say that you send coins to someone, and that person wants to verify that it is actually you who have sent the coins. That person will probably not approve you just showing them the public address that you sent the coins from, and you should neither show your private keys to anybody else. Luckily, there is a function where you can have a custom signature that can verify your ownership but doesn’t reveal your private keys. Even more luckily, it happens to be a function that we now offer in the COINiD Wallet; sign message.

Is A Hot Wallet Unsafe?

Security aspects of cryptocurrency is a debate that can be heard every day, and we believe that even for hot storage, users must be comfortable with and trust the wallet they are using. The cold storage solution is indeed what foremost makes us different from many other mobile wallets. However, if you want to spend and receive coins, then you deserve a hot wallet done right as well. Easy, secure and fun! That is what we believe that cryptocurrency should be all about, and that is what we try to reflect in our wallet. Hot or cold.