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Valencia
4 Level
280 Review
72.25 Karma

Review on Mycelium Wallet by Sergio Daniel Delgado

Revainrating 3 out of 5

Mycelium Wallet is for the more adept bitcoin user - giving coin control features.

The wallet is backed by a large active development team that is continuously innovating.
Android Mobile is the main platform although the team has developed cold wallet prepaid cards too, that can act as a form of cold storage.

Other Mycelium services:
Mycelium gear:

* Start accepting Bitcoin payments for free with our easy to install widget or a sophisticated API. Gear doesn't hold your money, they go straight into your wallet.
* Use their Joint Escrow feature to guarantee safety of your deals with anyone in the world, regardless of the jurisdiction.
* Automate the payroll process and spend no more than 30 seconds per month sending payments, no matter the size of the organization.

Mycelium Swish: you can automate the ordering and payment processes in restaurants and bars. Mycelium Swish helps you save money on staffing costs and keep your customers satisfied. 

Mycelium Card: The Mycelium card is the container for coins, not the access key to the account. The card is the user interface and POS terminal in one: it is equipped with a display and a keypad. The Mycelium card is battery operated, it allows completely autonomous operation. The Mycelium card can be connected to a computer through a Mycelium reader that allows charging the battery and accessing transaction records with a full-size interface. A user can complete up to few hundred payment operations with one charging cycle.

Mycelium Entropy: is a small USB device that uses hardware based entropy to generate printable Bitcoin paper wallets. Paper wallets are created in just 2 steps:
* Insert Mycelium Entropy into a printer that allows you to print pictures from a USB flash drive.
* Select the print option on the printer

Mycelium Local Trader: Mycelium Local Trader is a decentralized in-person exchange that is built right into your bitcoin wallet. Because the coins are stored locally in your wallet, the Local Trader exchange never needs to hold any of your bitcoins or fiat. Local Trader servers only help arrange the trade between buyers and sellers, manage the transaction, and calculate reputation ratings based on the trades.



Pros
  • Hierarchical Deterministic - Open Source
Cons
  • It does not have Multi-Signature, Neither with 2 Factor Authentication

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