![]() Most web wallets are not open-source and are definitely non-custodial, which are definitely not good. Web wallets are wallet services whereas the wallet itself is running on a company’s servers. Huge props to them, especially knowing that they’ve been operating for like a decade now.īut regardless, we still don’t recommend using the wallet. ![]() ![]() Though there have been instances with people getting their accounts hacked, as far as we know, the website itself hasn’t been hacked until today, which is definitely a good thing. Though not everyone can read and verify an app’s code and check if there’s shady stuff going on, at least other developers can check for themselves and simply call out apps that has some malicious code.Īs for the wallet, their wallet’s source code is freely available on their GitHub page. Open-sourceĪnother essential characteristic when picking a wallet. Well, based on one of their articles, at least. When picking a Bitcoin wallet, especially when storing bigger amounts of money, a wallet being non-custodial is definitely a highly essential characteristic because you wouldn’t want other companies to have access to your funds, right? You would want your funds to be only accessed by you, and you alone.Īs for the wallet, it seems to be non-custodial. ![]() With that said, is storing and securing your funds on the wallet a good idea? The wallet Non-custodial Previously known as, the wallet is definitely one of the most used Bitcoin web wallets right now simply due to convenience and ease-of-use of the wallet and also not to mention that it was one of the first easy-to-use Bitcoin wallets we had years and years ago. ![]()
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