Review on EInc Wallet by Kehinde Oluwakemi
ELNC WALLET FOR THE USERS
Elnc wallet is a free, open source, client-side interface, that allows the users to interact directly with the blockchain technology while remaining in full control of your keys and funds. The user of elnc wallet are responsible for security of their keys and funds. Elnc wallet was branched from myEtherwallet, it allow users to create new wallet, receive, store and send elnc and elnc-based
Pros
- Elnc wallet is a decentralized blockchain.
- Users did not need third party permission before one can move his/ her funds.
- Users don't rely on security of any exchange or bank to keep fund safe.
- It charges free
Cons
- Transaction can not be reversed
- Password can not be recover
- Private keys can not be recover
- Lost of funds in case password and private keys lost.
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Comments (2)
May 25, 2020
ELNC wallet allows it user to create new wallet, store, send and receive ELNC. It's an open source wallet. The platform gives you the total control of your wallet, to back up and protect it from unauthorized users.
May 23, 2020
The ELNC Wallet uses the ELNC app which offers two types of wallet. These are My Ether Wallet (MEW) and Meta Mask which can be used to send and receive EtherInc coins. The users of elnc wallet are responsible for security of their keys and funds
