Review on CryptoWallet.si by francis fernandez
Cryptowalletsi-a virtual link to Electrum
Since the appearance of the first cryptocurrency in 2009; A wide range of digital currencies have emerged in the crypto market, each with particular characteristics but with a common purpose: to become a tool for universal and multifunctional use.
Within this context, digital wallets or wallets have therefore emerged. Wallets or purses allow us to create an address to store digital assets and an account to manage them.
There are many options for wallets today; one of them is Cryptowalletsi.
Cryptowalletsi is an open source wallet; that is, a free software programming code used to build a chain of blocks (blockchain).
The Cryptowalletsi platform is linked to the Electrum server technology, from there it inherits the open book features. Electrum is one of the most popular wallets on the market that is used to store Bitcoins within a PC.
What should we know about Cryptowalletsi?
• It is an application available for Android mobile devices downloadable from Google Play.
• Installs easily in 5 steps. It is important to save the recovery seed for future backups and key recovery in case of theft or loss of the mobile or your wallet.
• Supports 6 types of cryptocurrencies in dollars currently: LANA, NEVA, ARCO, TAJ, NETKO and OCP.
• It offers 2 to 4 electrum blanckend servers that allow you to connect to the blockchain more efficiently when the user needs to know the balance of his account and serve to transmit his operations once confirmed by private keys. These servers do not store the digital currencies
Pros
- Allows access by phone or smart devices for user convenience; since you can enter the application at any time or place with a network connection.
- Offers speed in your connections when interconnecting with Electrum servers.
Cons
- There is no version available for desktop computers. It is only used as a mobile wallet
- Only accept some cryptocurrencies.
