Review on Carbon Wallet by Sergio Daniel Delgado
Carbon Wallet, a muti-currency web Wallet
Carbon Wallet is a multi-currency web wallet combined with a mobile app for added security when making payments on a multi-sig wallet, featuring Android and iOS operating system. Carbon Wallet uses encryption and multi-signature Bitcoin technology to secure your wallet and provides out of band 2FA (payments require your secure passphrase and a signature from your phone).
Pros
- Provides optional debit card - Uses private key splitting to secure funds - Uses a combined web and mobile wallet - Operator has no access to user private keys - Supports multiple currencies
Cons
- Wallet is not properly maintained and Android users face activation difficulties - Unregulated - Code not open source - It’s a hot wallet, thus inherently more vulnerable - Limited support - Limited range of cryptocurrencies
