Review on Armory Wallet by Olugbenga Ajayi
Armoury wallet is wonderful security-wise
Funny as the name may sound, but it really gives a good description of the wallet. Armory wallet is a single crypto wallet in that it supports only the Bitcoin. There are many wallets that supports single digital asset like this but Armory come with full pack of security features that place it on a vantage.
The wallet is open source hence it passes the test of transparency. It is also a fullnode wallet hence to hack the wallet will require a lot of endless work from the hacker which is not likely to be successful. Also it stores all assets in cold storage and also suitable for enterprises use as it supports multisig which is another strong security feature plus many other offline features it provides.
The wallet leaves uses with the custody of his assets while it maintains full security of the assets too.
However as we know, downloading fullnode is not a child play so that alone is a disadvantage. Also it only work on desktop and the web so no support for mobile and in this era where people work on the go, lackbof mobile support isba serious minus. Further more to setup the a wallet is time consuming.
But all things being equal in an era where many hackers are growing from bad to worse, nothing is like more important than good security and this is what armoury assures. Thumbs up for armoury wallet.
Pros
- It is open source and transparent
- It has very many security features
- Users are in full control of their assets
Cons
- It is a single crypto wallet
- It is not mobile supported
- It is not easy to setup
