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The safest option of crypto storage is storing and using private keys on a completely (and always) offline device - it is called cold storage.
One way to achieve this is buying a hardware wallet - however, this costs money and has some other disadvantages
We propose another option to achieve this, a cold wallet consisting of 2 separate parts of software
Context
Our wallet consists of 2 parts of software:
Offline client - cross-platform web-page - it is designed to work in a separate, completely offline OS. Creates and signs transactions with private key
Online client - mobile application, sends transactions to the network. Allows to track multiple addresses, watching their balance and transaction history
Read detailed description of how such wallet works in our github
Read about why such wallet is considered very safe and reliable way to store crypto in our github
Read comparison with hardware wallets, which explains why we consider our wallet a better option in our github
Wallet is designed to be as user-friendly as possible in a cold storage setting
References
Similar functionality is available in the oldest and one of the most popular Ethereum wallets - https://www.myetherwallet.com.
Functionality of our wallet is even better, because it allows to transfer transaction data with QR code, instead of a USB stick in both directions
As for Bitcoin, similar functionality is available for example in one of the oldest wallets - electrum
Estimate suggested reward
$4000-$12000
The text was updated successfully, but these errors were encountered:
Summary
The safest option of crypto storage is storing and using private keys on a completely (and always) offline device - it is called cold storage.
One way to achieve this is buying a hardware wallet - however, this costs money and has some other disadvantages
We propose another option to achieve this, a cold wallet consisting of 2 separate parts of software
Context
Our wallet consists of 2 parts of software:
Read detailed description of how such wallet works in our github
Read about why such wallet is considered very safe and reliable way to store crypto in our github
Read comparison with hardware wallets, which explains why we consider our wallet a better option in our github
Wallet is designed to be as user-friendly as possible in a cold storage setting
References
Similar functionality is available in the oldest and one of the most popular Ethereum wallets - https://www.myetherwallet.com.
Functionality of our wallet is even better, because it allows to transfer transaction data with QR code, instead of a USB stick in both directions
As for Bitcoin, similar functionality is available for example in one of the oldest wallets - electrum
Estimate suggested reward
$4000-$12000
The text was updated successfully, but these errors were encountered: