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Free cold TON wallet (without hardware wallet) #817

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mcnckc opened this issue Sep 16, 2024 · 0 comments
Open

Free cold TON wallet (without hardware wallet) #817

mcnckc opened this issue Sep 16, 2024 · 0 comments
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@mcnckc
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mcnckc commented Sep 16, 2024

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:

  • 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

@mcnckc mcnckc added the Developer Tool Related to tools or utilities used by developers label Sep 16, 2024
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