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Bangladesh
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2891.25 Karma

Review on Armory Wallet by Robiul Islam

Revainrating 4 out of 5

Well trusted, one of the few desktop wallets that is both open source and…

Well trusted, one of the few desktop wallets that is both open source and offers multisig transactions. Armory is also popular because it works with something called the Glacier Protocol, which is one of the most well-known cold storage systems for bitcoin.



Updated 5 years ago
Rating has not been changed
Armory 0.96.5 release with some bug fixes and the ability to spend to bech32 addresses.
  • You can now set the database path from the Settings menu.
  • You can now spend to bech32 addresses.
  • Added support for satoshi-port CLI argument in ArmoryDB.
  • Break backwards compatibility for unsigned transactions carrying bech32 outputs.
  • Older versions cannot make sense of bech32 addresses, therefor they shouldn't be able to sign the tx at all.

    Pros
    • Advantages: *Top-end security features, such as hierarchical deterministic (HD) and multi-signature support. *Cold storage support, allowing you to manage bitcoin without the Internet. *Established brand. *Open source.
    Cons
    • Disadvantages: *Lack of two-factor authentication. *Depth of security features may put it out of reach for beginners. *No mobile support offered.

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