Review on CryptoWallet.si by gregori cordova
a very unknown wallet with very limited capacity to store assets
If there is something that all cryptocurrency enthusiasts and experts value when storing our assets, it is the levels of security that the wallets we choose must have. It is no secret to anyone that there are many wallets, most of which have very good security mechanisms and in which a large number of digital currencies can be stored. The cryptowallet. Si , it is not an option if you are looking for a wallet that accepts multiple currencies, since only a very limited amount of them can be stored, such as Lanacoin, Nevacoin, Tajcoin, and Netko although there is also the possibility that in the future developers can add your custom tokens. This wallet works with an open source algorithm which makes it a fully auditable and decentralized wallet, since being backed by electrum servers, only users store their coins on their mobile devices and the only connection it has with the blockchain, It is to verify transactions and update balances. The wallet is available to be downloaded only on andorid devices, and you only need to do a few steps from when you download it, until you enter your private keys to start using it. It is recommended to keep the private keys and make a backup, because if for any reason you lose access to it, you will not be able to recover it and the support service will not be able to help you.
Honestly my conclusion about this project is not very optimistic, since although it is an open source wallet, there are certain aspects that do not generate trust, such as the fact that they have such a simple and outdated platform, and that there is no information about their developers. . But as always, I recommend doing a thorough research before taking a chance on projects that may not meet certain expectations.
Pros
- It is an open source wallet, fully auditable at any time
- Assets are not stored on external servers, but uses electrum servers that only communicate with the different blockchains to verify certain transactions
- It only takes a few steps from when you download the app until you enter your private keys to start storing your coins
- A telegram group is available where they provide support if necessary
Cons
- There is absolutely no information about this project on its platform
- The developers of this project are not known
- The fact that only a few coins can be stored, which are not very popular yet, has made this wallet have very few downloads in the google play store
- In case of loss of your wallet and you do not have the recovery keys stored elsewhere, your stored digital assets cannot be recovered in any way
