Review on Gatehub by Olugbenga Ajayi
Good interface and improved security architecture
Gatehub is a crypto wallet built on XRP ledger protocol and originally designed for storing ripple, however today it is used to storeother cryptos like BTC, EThereum, dash and many more. It was founded since 2014 and has been used to facilitate easy payment settlement for many. It was founded by Enej Punjercar.
The wallet is non custodial in nature so users have the benefit of keeping their keys themselves. Its code is open source and can be verified on GitHub and also can be contributed to by other developers.
It has suffered hack and other challenges over time and this has caused many to be scared of using the wallet. However, in other to guarantee better and secured services, the wallet now make 2FA compulsory and it also use AES encryption scheme.
Gatehub is designed in a way that is begginers user friendly. It is easy to use and navigate.
Pros
- It is a multi crypto wallet
- It is secured with two factor authentication and AES encryption
- It is designed to serve both beginners and advanced users
- The software is open source
Cons
- As a result of the challenges it has faced over the years, many are skeptical about using it
