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LUIS RIVERO R photo
Venezuela
1 Level
1191 Review
4270.25 Karma

Review on Mycelium Wallet by LUIS RIVERO R

Revainrating 3 out of 5

HD encryption wallet.

This is one of the oldest wallets available for mobile phones, the team that developed this wallet settled in 2008, although their approach was different towards using the creation of a mesh technology.

In general this wallet is not very pretty, with a really simple graphic interface

But its biggest advantage is the cold storage of assets, it allows you to secure your funds.
The synchronization is light since it is not necessary to download the complete nodes.
It supports the use of third parties integrated in the wallet for sending and receiving money using SEPA in the European Union.



Pros
  • The user keeps his keys private.
  • Light synchronization with each chain.
  • Accepts physical wallet wallets.
  • HD encryption.  
Cons
  • Many of the options are under development.
  • They don't support many different cryptocurrencies.  

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