Review on Samourai Wallet by Killer Bean
Samourai Wallet needs to store more than just Bitcoin....
Samourai Wallet is a very secure wallet for storing bitcoins only. It is an open sourced wallet with a quite advanced and sophisticated technology. It was developed in 2015. I've used this wallet for barely a month and I've been able to draw out a few conclusions from the little time I used this wallet. As I said earlier, this wallet is a bitcoin-only wallet meaning it is a specific and a coin selective wallet, Samourai wallet has its positive and the negative parts of using it. While using the wallet, I discovered that it was compatible with VPN, this has further enhanced the anonymity that Samourai wallet offers to its users. The transaction speed here is quite satisfactory, it has a transaction speed of almost two minutes( during my time of using it). As a means of protecting users privacy, Samourai wallet helps users generate a unique transaction address after every transaction they make. Samourai wallet is a mobile app which is only compatible with Android but not iOS! This is a disadvantage and a setback to iPhone users. But with my time on Samourai wallet I noticed that not everyone could use it, except you have vast knowledge in cryptography so i wouldn't recommend this wallet for a beginner like myself. Don't bother contacting support team as they are always inactive. Getting to use Samourai wallet was more of a disadvantage than an advantage to me as a new user!
Pros
- It is quite secure probably because it uses military grade technology
- It is compatible with VPN to further increase its users' anonymity
- Transfers and transactions are very fast on Samourai wallet
- It has a mobile app
Cons
- it deals with only one type of coin, this is a disadvantage
- The app is not compatible with iOS, this is a setback for iPhone users
- The app(wallet) is mostly suitable for expert traders
- The support team is actually inactive
- Still needs to fix some major bugs so that app can function fully and effectively
