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Kwara, Ilorin
4 Level
410 Review
3227.25 Karma

Review on Agama by Killer Bean

Revainrating 2 out of 5

Agama wallet: doesn't really offers its best to store Bitcoin.....

Ever since the introduction of Bitcoin to cryptomarket, the coin has been in high demand with an ever fluctuating price. As traders keeps accumulating coins there is need to properly store those coins and effectively protect them from any form of theft and threat. This is what led to the development of cryptowallets. One of the wallet is Agama Wallet which provides an adequate storage for cryptocurrencies. Among the cryptocurrencies supported include Bitcoin, Dash, Dogecoin and some others. This wallet comes as an open sourced one which subjects it to development and modifications. I have not actually used this wallet for long, probably getting to a week or two. The wallet built on Hierarchical Deterministic technology, I didn't really understand what this meant at first not until I noticed that my wallet address kept changing after every transaction I had. As this wallet provides storage to the most sought after coins(Bitcoin) security and protection against theft is a major factor to be considered. Unfortunately, there wasn't provision for the two-factor authentication, this made my Bitcoin under very much risk. Usually most wallet have provision for swapping coins but this was unavailable as Agama wallet didn't come with any inbuilt exchange. Investors in Ethereum, Litecoin and even other altcoins may not see the importance of this wallet, as Agama wallet pays attention to just few number of cryptocurrencies. Generally, the only feature this wallet lacks is proper security.

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Pros
  • I dont really understand much about this exchange
Cons
  • It offer a storage for limited number of coins
  • This wallet needs official publication for increased number of users