Review on Green Address by Pedro O. Alvino M.
GreenAddress is an open source wallet that allows users to save, send and…
GreenAddress is an open source wallet that allows users to save, send and receive bitcoin. Its hardware wallet system makes it safe by cold storage of private keys. As it is only a portfolio for BTC, it may be similar to others, but it differs to other simple portfolios. Green addres is based on a “sophisticated purse”, due to the wide variety of accessories that it brings, which makes it the ideal purse for people who have experience handling bitcoins in which it can also be used by retail investors in BTC
Updated 5 years ago
Rating changed from 3 to 4
It now has support for liquid accounts, in addition to correcting certain instability problems in some devices that do not allow entry to the wallet. In addition to reconfiguring the phrase technical memo
Pros
- Deterministic purse that is compatible in both computers and phones. Ability to have full control of the assets inside the wallet in addition to having hardware wallet support, expanding the security of cold storage of private keys. Multilingual support for better understanding of the application and facilitate the use of it. In addition, it facilitates the expenditure of small amounts by establishing a two-factor threshold in which total payments up to the threshold can be completed without 2FA. It has the ability to control and keep transaction costs low with SegWit support
Cons
- Despite having distinguished characteristics, it is very complicated to use for people with little experience. The implementation of hardware portfolios is infallible, but the storage of private key on servers can be risky against attacks in the portfolio. Its method of payment and withdrawal is disastrous, the confirmation arrival system to carry out operations arrives totally late, like the shipments, its synchronization system is too slow, making it difficult to perform an operation. Currently the Android version presents numerous problems such as the automatic closing of the application
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Comments (3)
September 28, 2019
is that to my perception it is one of the best, it also has a specific audience that generally knows how to use Bitcoin, so the problems related to its use are almost nil, for me it has 5 stars in everything. 100% fulfills its purpose
September 25, 2019
Currently the Android version is presenting many problems in the confirmation message and so to speak there are better BTC wallets than better functions and optimization for Android, also that this wallet is more for expert users
September 25, 2019
This wallet fulfills its main purpose.
-be one of the best bitcoin wallets, with the best security available for storage. Being the android version one of the most stable. I could say that it is one of the best wallets for BTC.
