Crypto 101

Best Bitcoin Wallets for Android

May 13, 2019 by TheCryptoToday Leave a Comment

If you are one of the investors of the Bitcoin cryptocurrency, then the next essential thing that you have to consider is getting a reliable and safe wallet where you can safely store your crypto assets. Since its creation in 2008, the Bitcoin currency was used to pay for things electronically; provided that both parties agreed to make such transaction. With that regard, numbers of investors who choose Bitcoin as their asset have grown over the period of time.

Bitcoin is not the only popular digital coin in the market today. Thus, selecting a digital wallet that works best for your Bitcoin would also allow you to make exchanges to some other digital coins available in the crypto space. When picking a wallet for your digital asset, whatever the choice that you’ll make, you have to make sure that it will adhere to your needs being an investor in the digital space.

Updated Bitcoin Wallets for Android and Its Features

If you are looking for a wallet where you can store your Bitcoin, then this list below is for you. Bitcoin android wallets are mostly applications that allow all users to store, send, and as well as receive Bitcoin from a certain Android device. This simply means that by using an android mobile wallet, you can simply make payments quickly anytime and anywhere.

Below is the list of the top Bitcoin wallets for android that could be of your great choice.

Electrum Bitcoin Wallet – This is a well-known android wallet for Bitcoin and has never disappointed any users regarding its features. Accordingly, the Electrum Bitcoin wallet is very much serious with its security feature. Hence, you are assured that your digital asset is safe when stored into this wallet. You simply need to download this android application and the wallet will be generated using a seed of 12 different random words. The seed will be used to restore your device if in any case something happens to it. During the setup of the wallet, you will be asked to set up your 6-digit PIN that will be used to confirm payments. Apart from its PIN code features, it also has the so-called QR scanner that will easily capture any wallet address when making payments.
Coinomi Wallet – This wallet was originally created in 2015 that manages and exchanges all coins in one single place. Apparently, this android wallet was not just known for storing Bitcoins, but as well as in keeping other cryptocurrencies. Just like the Electrum, this Coinomi also uses the master seed or 12 random words that never leave your device. Should anything happen to your device, you can make use of the master seed in order to restore your wallet balance. Furthermore, this wallet has the feature where the user can set their own password during the setup and not just a simple mandatory PIN. Apart from storing Bitcoin, the Coinomi also supports exchanges into the different crypto coins using either the services called as Shapeshift or Changelly.
MyCelium Bitcoin Wallet – This is one of the most highly-acclaimed Bitcoin android wallets in the market today. Accordingly, this wallet is entirely an open source; thus, any user can simply check for any software problems and bugs and it is also near impossible for some developers to steal your Bitcoins. One of the best features of this wallet is its very simple interface. By simply clicking into its button, you can simply send and receive BTC as well as scan QR codes when necessary. Other than that, MyCelium has the so-called built-in address book where you can use when making payments as well. This wallet is also known for its massive security feature that requires you to have a security PIN each time you request on making payments. Moreover, this Android app also has a private key feature and cold storage that will only display your balance without having to send the BTC.
GreenBits Bitcoin Wallet – This wallet is known for being a secure and open source Bitcoin android wallet. Apart from being an Android wallet, this also works best as a GreenAddress Chrome extension that allows users to manage Bitcoins from any sorts of device that runs through a Google browser. Using its wallet service, your BTC can be sent directly without the need to wait for any confirmation via the blockchain. Each payment is secured since it has the so-called unique “hash” that prevents thefts from using your BTC. The GreenBits is also secured with a PIN that users can create during the setup. Failing to enter the PIN correctly for three consecutive attempts, the wallet decryption will automatically be destroyed. However, if you wish to recover your BTC, you simply need to re-enter your 24-word mnemonic that is also created during the setup.
Bitcoin Wallet – For quick and easy setup, and a wallet with the simplest user interface, then, this Bitcoin wallet is definitely the best choice. With the different issues concerning fees skyrocketing today, this wallet will simply inform users on what the transaction fee will be. Accordingly, this Bitcoin android wallet is the oldest among its existence. This is also the easiest wallet that anyone can start using especially for the beginners. Unlike any other wallet types, any user can immediately use the Bitcoin wallet right after installation.

Summary

As you can see, Bitcoin android wallet comes in various forms and features. The only thing that you need to consider is to choose the wallet that will make it easier for you to make transactions for your BTC. However, with the risk that a user might lose his android phone, it is also important to remember the following tips;

Always have a PIN code set to protect your wallet from theft.
Avoid storing bigger amounts into your Bitcoin android wallet.
Make sure to have a 12-word seed during your android wallet setup to ensure that your BTC will be kept safe and secured.

Always remember that each android wallet in Google is safe and verified. Nonetheless, it is still best to be careful in storing your Bitcoins to your android wallet application.

(3 votes, average: 4.67 out of 5)

Best Bitcoin Wallets for iOS 2019 and Their Features

May 12, 2019 by TheCryptoToday Leave a Comment

Over the years, Bitcoin has never stopped growing in the digital market. Its expansion has led to more developments and creation of other cryptocurrencies, and the competition is getting tighter. With that, wallets were also established to secure the coins of every user and for their convenience as well. There are different wallets like hardware wallets, web wallets, desktop wallets, paper wallets, android wallets, iOS wallets, and more. These wallets hold private keys and allow users to do transactions like receiving, sending, storing, and buying of Bitcoins. Although many iOS users were frustrated after bitcoin was banned in 2014 of February, services resumed after a few months.

Advantages of Bitcoin Wallets for iOS

In today’s modernized era, the use of cryptocurrency is already widespread and also universally accepted as payments for goods or services. Slowly, the government is also in the process of accepting the legality of Bitcoin (BTC).

In the United States, Florida is the first state to legally accept BTC allowing its residents to pay their taxes with the use of Bitcoins.

With the different types of wallets available, according to experts and users, mobile wallets are the most convenient, flexible, and comfortable to use. Through the mobile app, users can pay goods or services instantly via the NFC technology or QR code on the display and can also perform a withdrawal of funds to WebMoney (WMX-type accounts), Kiwi accounts, or Yandex Money.

Best Bitcoin Wallets for iOS

Bitcoin wallets for iOS are application in Apple mobile phones that authorize users to perform transaction like buying and sending of BTC with the use of their iPads or iPhones. Thankfully, iOS resumed serving its users who are into BTC after stopping its service in 2014.

To guide all bitcoin customers who are using the iOS operating system on which wallet to use, the following pieces of information were collected:

#1 Blockchain

Blockchain, headquartered in Luxembourg, started its operation in August 2011. It is compatible with iPad, iPhone, and iPod touch and requires iOS 10.0 or later. What makes this a good wallet is its availability in many languages aside from the English language. It is available in Arabic, Hebrew, Danish, Chinese, Thai, Swedish, and Portuguese – just to name a few.

Because it is easy to use, it becomes one of the most popular and user-friendly wallets these days. In 2016, Blockchain upgraded and add improved security attributes by making it a Hierarchical Deterministic wallet (HD wallet) wherein addresses is to be used only once. Although this platform saves its users’ wallet on their servers which involves third-party risks, its overall features imply solid security which is one of the most important things in the digital industry.

Aside from the above mentioned strong characteristics, Blockchain is also increasing trading features, blended the potential to buy bitcoins on Android and also trying to expand more to support more coins.

#2 Abra

Abra, founded in 2014, is an amazing bitcoin wallet and a trading platform that is available in the English language. It is accessible worldwide serving over 100 countries. This American platform is compatible with iPod touch, iPhone, and iPad and also requires iOS 11.0 or later.

What makes Abra standouts from the blockchain industry is that it wants to be an all-in-one instrument for users to control and manage both of their cryptocurrencies and fiat money. Users can also increase their money by either using their bank accounts or cryptocurrencies which include bitcoin, bitcoin cash, and litecoin worldwide and can also trade to the chosen currency almost immediately.

Abra users can invest in 30 cryptocurrencies, and it gives them full authority in controlling to hold their investments. The security is one of its strong points, and it is free to download.

While downloading this app is free, users should keep in mind that each transaction has its designated fees. An email address and a phone number are also required in this wallet thus, users who want to be anonymous should consider.

#3 Edge (previously Airbitz)

Security of cryptocurrency wallets and trading platforms have been part of the main concerns of blockchain traders. Airbitz, created in 2013 but soon rebranded as Edge, came out better in terms of performance, user-friendliness, security, and more features to cater to its customers’ needs making it a pro-client.

Edge is currently supporting 11 cryptocurrencies – Bitcoin, Bitcoin SV, Bitcoin Cash, Dash, Litecoin, Ethereum, Monero, Stellar, Digibyte, Ripple/XRP, and EOS.

With its beginner and user-friendly feature, users can take full control of their private keys with ease. Only the user can have access to his stored money and data. Edge, being also a cryptocurrency exchange, the users can simply trade currencies to others with a few steps.

Discounts are also available for bitcoin users who use the Edge because they are into partnership.

#4 Ledger Nano X (Hardware Wallet)

Hardware wallets are one of the most secure types of wallets to save Bitcoin for they are not linked to a network thus making them hard targets of attacks.

The Ledger Nano X, a hardware wallet, is the newest wallet by Ledger being launched in March of 2019. This newly released Ledger wallet supports as far as 100 cryptocurrencies. With the use of Ledger Live mobile app, the wallet can connect to the mobile devices with the use of Bluetooth.

While the Ledger Live mobile app download is free, the Ledger Nano X wallet comes for a price of $119.

The Bottom Line

The main purpose of digital wallets is to store BTC and ease the sending and receiving of Bitcoins. While wallets come in different types, like desktop wallet, web wallet, hardware wallet, mobile wallet, and so on, users must validate how a certain wallet performs.

The Bitcoin wallets for iOS mentioned will guide you on which wallet to choose. Always remember that your security relies heavily on you so you must pay attention to details no matter how secured a wallet is.

To know if the wallet you want to use supports Bitcoins, check their website so you can also learn more about their services.

(13 votes, average: 1.31 out of 5)

Best Monero Hardware Wallets – The Safest Storage for your Digital Currency

May 12, 2019 by TheCryptoToday Leave a Comment

Monero is one of the most popular and special kinds of the digital coin in the crypto community. Since 2012 that Monero was launched and created, it has been known to use the so-called cryptography, a certain way of ensuring transactions are safe since it remains untraceable and private.

Prior to its popularity in the digital market, the Monero was first known as the Bitmonero, a fork of the Bytecoin blockchain. Among the many digital coins in the market, the best thing about Monero is that users can have full control over their own currency and as well as with the respective transactions they create. It has been learned that this digital coin has no pre-set size limit, unlike other coins. This simply means that malicious miners can clog up the system if they wish to.

Meanwhile, Monero is also known for having multiple keys making it a lot confusing to some users. Nevertheless, this coin still remains to be in the top 12 in the cryptocurrency market based on its market capitalization. Based on records, this digital asset remains to be one of the most profitable in the crypto space.

The Safest Monero Hardware Wallets of 2019

Once you got your Monero digital coin, the next thing to come in mind is proper storage for you to safely keep it. You will surely want to move them off from the exchange have it stored safely in your own wallet. When you have plans of keeping this digital asset safe for a long period of time, check out some of the most notable hardware wallets that are best in safe-keeping Monero coins.

#1 Ledger Nano S – This is one of the most popular hardware wallets to get in keeping Monero coins safely. This versatile device almost acts as a simple USB drive. You simply need to get it plugged into any device through a USB port and you can simply make transactions with it in no time. The Ledger Nano S is known to support a wide variety of cryptocurrencies.

Apart from Monero, digital coins like Ripple, Ethereum, Litecoin, Stellar and a lot more work best with this hardware wallet. If you are looking for the best reasons for getting this device, apparently, the Ledger Nano S is known for its tightened security feature. This is the simple reason why this could be the top choice for a Monero coin storage. It has a two-factor authentication, a secured PIN code, and a very accessible recovery speed.

Furthermore, the Ledger Nano S has a built-in OLED screen where you can simply check every transaction detail by tapping its button. Tracking your currency works perfectly fine with this Monero hardware wallet.

#2 Ledger Nano X – This is another hardware wallet that is almost similar to the Nano S. It still retains the USB-type design and it comes with a smaller dimension compared to other hardware wallets. Accordingly, this Nano X was recently launched on January 2019 during the annual Consumer Electronics Show in Las Vegas. Most of the users in the crowd were amazed by this newest hardware wallet in keeping coins like Monero. This comes with the so-called CC EAL5+, which is a certified secure chip that allows the user to store sensitive data. Furthermore, it also has a Bluetooth capability that allows you to make wireless crypto asset management.

With its Bluetooth feature, users will have wider access in terms of managing their digital assets anywhere and anytime. Apart from being a hardware wallet, it is also capable of connecting to a smartphone’s Bluetooth connectivity. This allows users to monitor and control every transaction detail by downloading a love mobile app.

#3 Trezor Wallet – This is another hardware wallet that is also best in keeping Monero coins. Since its launching in the Czech Republic, the Trezor made names for providing the best security to its digital coin users. It has been learned that this hardware wallet will protect your coins from physical and virtual theft. This is just a small device with a built-in OLED screen and will connect via USB port to your personal phone or computer. This hardware wallet is the perfect solution in storing a large number of digital assets in order to keep them from malicious thefts. This allows users to store their private keys offline making no way for hackers to get a record of your privacy code. Using Trezor is pretty much similar to using other hardware wallets, too.

How to Select the Best Monero Hardware Wallet

With the emerging popularity and use of crypto coins in the market today, it is no surprise to find varieties of digital assets being used by investors worldwide. With the many different ways that these coins are used, there are also different types of wallets that users can choose from. Here are some of the important factors to take into consideration in choosing the best Monero hardware wallet.

Security – Being an investor, always look into the safety of your Monero coin. This means that looking into a two-way factor authentication must be your prime concern. In choosing a wallet, having the best security must always come into your priority to ensure that keeping Monero assets will always be secured.
Private Keys – Look for a wallet that provides for a safe private key. Make sure that as a user you will have full access and control over these safe keys.
Supported Coins – It is also important to look for wallet features that support other kinds of coins other than Monero. This is to make sure that you can still make a further transaction with some other digital coins in the crypto space.
Ease of Use – To save your head from trouble, make sure to select a hardware wallet that is user-friendly even for the beginners. This gives you the peace of mind, especially when making a transaction through your assets.

Summary

The use of hardware wallets for cryptocurrencies like Monero minimizes the attack of theft, both in the physical and in the virtual world. With its tight security and private key feature, there is no way for hackers to gain access to your wallet by infecting your computer. Hence, make sure to select the best Monero hardware wallet that suits your needs best!

(13 votes, average: 1.31 out of 5)

Best DAI Wallets of 2019

May 11, 2019 by TheCryptoToday Leave a Comment

The DAI is among the most famous stablecoin that was released in 2017. This digital asset was created by the Maker and is known to be backed by the Collateralized Security Debt that is believed to run without any intervention of any central authority. It has always been the aim of DAI to transform the financial industry into something bigger through enriching businesses as well as individuals in the digital space.

Their aim is to make the market realized the several advantages of using DAI as a stablecoin without having to experience any volatility just like those which are experienced by the non-stable coins like Bitcoin, Ethereum, and a lot more.

Having said that DAI is one of the stablecoin, this digital asset is still different from the rest considering that it is decentralized. This is one critical idea about DAI as it can never be shut down and there is also no trust in a central authority that is being required. This simply means that there is no way for the Maker to still your funds and there would be no human error that will compromise with your DAI assets.

5 Best DAI Wallets and Its Feature

If you are among those DAI holders in the market, looking for the best and safest wallet must be the next thing to consider. It’s time to take a look at the most updated DAI wallet for the year 2019. Check out its distinctive features and compatibility by reading the list below.

Ledger Nano S – This wallet is one of the most popular hardware wallets ever existed and launched in the crypto space. This wallet is known to enable users to make many kinds of transactions aside from just storing a digital asset. In just one simple click, you can already manage your digital assets with the help of one secure PIN and can also be backed up through the help of the paraphrase. All you need to do is to connect it with your system and use it just as how a USB drive is being used. Apart from being a popular wallet, the Ledger Nano S also comes with enhanced security features and safety precautions to ensure that your assets are secured.
Trezor – Just like the Ledger Nano S, the Trezor is yet another wallet that is best for DAI holders. This wallet can store no more than 500 cryptocurrencies in the digital market. Apparently, DAI is among those tokens since it is one of the most popular stablecoins existed in the digital market today. Similarly, the Trezor works just like a USB and has to be connected into your device for it to work. This wallet helps users to store, send, and receive DAI and other crypto coins at the same time. Your assets are believed to be safe since it is protected by a PIN for its security. Trezor is very easy to set up and beginners are likely to use it with many conveniences.
Ethos Universal Wallet – This wallet is not only best for the MKR token but as well as with the DAI. This is known for being a secured multi-token wallet that lets users access their assets safely and easily. All users, both beginners, and experts can surely access this wallet anywhere and without any cost. Accordingly, this is one of the best DAI wallets ever existed this year that can both work for Android and iOS devices.
MyEther Wallet – Having known as the official wallet for the ERC20 tokens, it is good to know that this is also considered as one of the best storages for DAI. It is known for being one of the most secured wallets online that enables users to store, send and receive digital token transactions. Specifically, it is an ERC20 web-based wallet that allows users to create their distinctive wallet online. Apparently, accessing the MyEther wallet requires you to use an internet connection.
Metamask – Apart from being a wallet, this Metamask is better known as an extension to browsers like Chrome, Google Chrome, and Brave browser to name a few. Accordingly, the Metamask is considered to be one of the most favorable wallets for ERC20 tokens, and the DAI as well. All you need to do is to add the extension to your browser and have your transactions run right away!

Facts about DAI as a Stablecoin

The DAI, apart from being known as a stablecoin, is nothing more than a loan against the Ethereum token. This simply means that any investors who have ETH and the ability to access any decentralized application has also the ability to create a DAI.

DAI is just like a fiat currency; however, users need not know how DAI is created since they won’t also need to create their own. Apparently, most users will only buy DAI on any exchange for as long as it holds the value of $1.

How to Select the Best DAI Wallet

Being an investor in the crypto space, one of your main concerns is keeping your digital asset safely. Having all these wallets mentioned in the list, it might as well be hard for investors like you to choose the best choice. Hence, the only thing that you need to consider is the compatibility of the digital wallet to your device and the ease of use as to the transactions you make every day. As you keep these factors in mind, selecting for the best DAI wallet will never be hard. Always make sure to choose the DAI wallet that suits your need best.

Conclusion

DAI has already proven its worth in the market since its inception back in December 2017. As the price remains successfully pegged at $1, the Maker has the huge faith that users of the said token will also increase leading to greater usage of this stablecoin across the market.

(16 votes, average: 1.63 out of 5)

6 Best Ravencoin Wallets

May 10, 2019 by TheCryptoToday Leave a Comment

Ravencoin has rising popularity. But despite the increasing number of users, there are only a few available third part wallets that support it. This could be due to its lack of ICO. Aside from that, it is not an ERC20 token making it harder for wallet creators to integrate the coin.

However, there are a few wallet options that you can use to store your coins. It is up to you to choose which one suits your preference and usage.

What is Ravencoin?

The Ravencoin platform was launched in January 3, 2018 with the aim to enable tokenized asset transfers on the blockchain. This digital peer to peer network is not the same with Bitcoin and Ethereum which has asset transfer capabilities. Instead, Ravencoin’s primary function is to create a fungible or nonfungible digital asset or non-asset-based tokens. It is launched as an open source project which focuses on building useful technology with a growing community.

Let us look into a little bit of back story about Ravencoin. In ancient civilizations, during the time of the Romans and Persians, homing pigeons are used to carry messages. In fact, these birds were still used during World War I. This particular breed tends to return to its home which makes it an effective message carrier. In fantasy stories like the setting of George R.R. Martin’s well-known “A Song of Ice and Fire series,” they use carrier ravens to relay messages. The team used this as basis of their project.

How does Ravencoin work?

Ravencoin is a fork of Bitcoin allowing users to seamlessly store and transfer assets from one party to another. Because of this, it uses Bitcoin’s Unspent Transaction Output (UTXO) model. However, it is different from Bitcoin in terms of asset creation, block time reward, the number of coins issued and its messaging capabilities.

Tokens on the Ravencoin blockchain is based on any asset which includes gold bars, silver coins, land deeds, reward points, gift cards, and more. The users will then determine the properties of their tokens.

Creating an asset token requires the users to burn some RV tokens and giving it a unique name. After that, the token properties are identified with its number of tokens, number of decimals and if its supply can be increased or fixed.

Best Ravencoin Wallets

Whether you mine RVN or buy it, you would definitely need a wallet to store your coins. So if you are looking for the best Ravencoin storage, here are 6 options you can choose from:

#1 Ravencoin Mobile Wallet

Available for both iOS and Android operating systems, users can download the official mobile wallet created by Ravencoin developers and the Medici ventures. This is perfect for those who need to access their wallet while on mobile.

The wallet has PIN protection and it is fully encrypted to keep the RVN safe on a mobile device. Since it comes with PIN protection, other people cannot access it in case you lose your phone or someone attempts to open your wallet. However, it is recommended not to store too many coins on a mobile device since it is less secure compared to other wallets.

#2 Ravencoin Desktop Wallet

The official Ravencoin Desktop Wallet is a reliable wallet from the Ravencoin website or GitHub repository which can be downloaded and installed for Mac OS, Windows or Linux. Since it downloads the entire blockchain, it would take time before it can fully synchronize. You will also get a backup seed in case you will install the wallet on another device.

Being an official wallet, you are assured of the community’s support. This desktop wallet is extremely secure but you also need to regularly check your computer for virus and malware which might affect the wallet.

#3 Trezor Wallet

This hardware wallet can be used with the Ravencoin Electrum wallet. Trezor has an open source firmware and a multicurrency wallet with support for over 1,000 coins. When connected to a computer, the device needs authentication which is part of its security features. It will only function and can only be accessed if the right security code is entered.

You can choose between the Trezor Model One which is enough for storing RVN. But if you want to store a wider selection of coins, you can use the Trezor Model T. When it comes to hardware wallet, Trezor is considered the best for a secure RVN storage.

#4 Ravencoin Paper Wallet

A more secure option of storing Ravencoin is the paper wallet. You can simply write your private keys on a piece of paper or you use Ravencoin paper wallet generators. With this, you can print your private keys and even a QR code for easier transfers. This is extremely secure since it is offline and it can’t be accessed by hackers but you have to make sure that you keep your paper in a secure location.

It is recommended to create the paper wallet offline using the software. There are two ways to do this with the Ravencoin paper wallet generator. First, you can visit the website, go offline and then generate your wallet. The second option is to download the website files from their official GitHub then open the wallet in an offline machine.

After getting your private keys, print it on paper and store it in a secure place. Avoid saving the paper wallet in PDF format which is easy to steal.

#5 Pocket Raven Web Wallet

Although a web-based wallet isn’t the most secure, you can still use it to easily get your wallet running. This open source javascript wallet is fully transparent and it can be used as a multi-signature solution. It is ideal for users who are mining RVN and needs to send their proceeds quickly. You can also use this as an alternative if you do not have access to your desktop wallet.

To create a new wallet, choose a unique username and password. Pocket Raven will then create a distinct address for you based on your username and password. Using the same username, you can create multiple addresses by registering different passwords. You do not need to worry because the site operators do not have access to your accounts.

#6 Ravencoin Wallet with Miners (Desktop Wallet)

If you want to mine RVN and store it at the same time, you can use this third-party which comes with mining software. By simply keeping it open and running, you will be able to mine Ravencoin.

Final Words

Whatever wallet you choose, the important thing is to keep your private keys secure and backup your seeds. Also, keep your Ravencoin stash private so that no one will have the interest of hacking it.

Everything boils down to your wallet preference. Although you can use only one wallet, it is also better if you use an array of wallets to make sure you do not lose everything if something unfortunate happens.

(1 votes, average: 5.00 out of 5)

Top 6 Best AION Wallets

May 9, 2019 by TheCryptoToday Leave a Comment

In cryptocurrency, good software communication can bring harmonious transactions among users and platforms. Customers want fast, smooth, secure, and efficient performance; however, there are certain occasions that cannot be avoided.

Certain flaws in the blockchain system can cause additional delays and cost to users and also negative feedback towards the crypto platforms. Cryptocurrencies are doing their best to resolve these problems, and they are almost perfecting it; however, single-tier and first-generation cryptocurrencies are still having trouble with it.

Multi-tier cryptocurrencies, like AION, saw these system problems that prompted them to take actions and make changes for improvement.

What is AION?

To have a decentralized and cashless transaction is the purpose of creating a cryptocurrency. However, first-generation cryptocurrencies like the popular Bitcoin have inefficiencies in privacy, scalability, and interoperability that need some fixing.

Canadian multi-tier and the first third-generation cryptocurrency, AION was founded by Matthew Spoke who is also the CEO and focuses on solving the problems encountered by the different crypto platforms especially by the first-generation blockchains. AION network gives an eye in solving the interoperability problem since it is the main issue.

AION’s another strong point is its ability to connect both the private and public networks to communicate harmoniously.

What are the Benefits of AION?

People who engage in the blockchain industry can enjoy numerous benefits and advantages of every platform. Each blockchain wants to provide the best service to their users. AION, on the other hand, has been doing vast tests and research to provide the best service it can give to its customers.

AION TECHNOLOGY

On the technical side, being a third-generation cryptocurrency is one of AION’s main strength that allows the network to connect different blockchains aside from its own functions. Thanks to its blockchain – AION-1. Its 2 main elements are:

In cryptocurrency, consensus algorithm is the achievement of computers to communicate properly with each other. It connects two or more blockchains. The consensus is essential among blockchains for better performance. There are several types of consensus, and somewhat they are related to each other. These are Proof of Work (PoW) consensus algorithm, Proof of Stake (PoS) algorithm, Proof of Burn (PoB) algorithm, the Byzantine Fault Tolerance (BFT) algorithm.
AION Virtual Machine (AVM). The purpose of AVM is to run Java in bytecode in order for developers to establish applications in Java that are blockchain-based. It enables the blockchain applications to perform with stability and synchronism.

The multi-tier network of AION works as an agreement to let different systems communicate with each other. The following components of the network allow interchain communication.

Connecting Networks. These are system rules wherein both public and private blockchains will be able to exchange communication through AION’s network.
Interchain Transaction. Since there are countless blockchain platforms, communication among them can be tricky. In an interchain transaction, these platforms can communicate with each other safely and conveniently.
The main task of bridges is to monitor and validate the messages between the connecting networks and the participating networks.
Participating Networks. These are any networks that are successful in passing the requirements. They are not only confined to the blockchain platform, but they can also be cryplets, oracles, database, and more. If the met the set conditions, they will then be connected by the bridges to the connecting networks.

Best AION Wallets

Wallets are used to store coins and tokens from different platforms. Although there are many wallets that support various cryptocurrency, it is still advisable to do further probing for better transactions.

AION Wallet Ledger (hardware wallet)

Nano S ledger was founded in 2014 and is considered as one of the wallets that have strong security features yet user-friendly. It can make payment transactions fast and more. Since it is a hardware wallet, once it is not connected to the computer, getting hacked is impossible. Users are still advised to take necessary precautions as they might use an infected computer that can put their security at risk.

AION Wallet (desktop wallet)

The coins are stored in your personal computer or laptop if you’re using a desktop wallet. AION desktop wallet is finally made available in Windows, Linux, and MacOs platforms after the development team and other partners worked extensively for the progress. Users must take not that this wallet only supports the AION coin. If a customer has the AION ERC-20 tokens, and he wants to save to his AION wallet, he needs to swap his tokens via the AION token swap first.

AION blockchain acknowledges the AION coin as its native asset that used for analytical network functionality and crypto-economic operation. Another good thing for this wallet is the availability to see the transaction history.

AION Trust Wallet (Mobile Wallet)

Many users are impressed with how user-friendly AION trust wallet is. It is considered in the market as one of the best mobile wallets. It does not access any of the personal information, and there’s also a simple recovery feature because it has a backup service.

This wallet supports cryptocurrencies like Ethereum, Ethereum Classic, ERC20, and ERC223. It can be downloaded for free in the Google Play and Apple Apps Store.

MyEtherWallet (MEW)

MyEtherWallet is another user-friendly that is good for starters which makes it one of the best wallets. Released in 2015, it supports the Ethereum, Ethereum Classic, EOS, and ERC20 tokens.

AION users can easily use this wallet because MEW is considered one of the most secured wallets for ERC20 tokens. On a large-scale, the security still has more to do with the users. They should use the tool properly and adhere to the regulations.

Trezor (Hardware Wallet)

Trezor wallet was launched in 2014, and its security is top-notch. It can even be used in an infected PC or laptop as it has the ability to protect your coins and data from any theft. This key-sized wallet supports AION tokens, and it has a high rating as a hardware wallet. It is also a beginner friendly, and if it is lost, assets can be recovered.

Magnum Light Web Wallet

This light, anonymous web wallet allows its user to have total control concerning their private keys and does not require creating an account. Magnum wallet also gives its users the opportunity to earn passive income.

The cryptocurrency market will keep on looking for ways to improve every flaw they see to provide the best service they can to satisfy their customers. Users need to check if the wallet supports their platforms or coins to avoid further problems. Be mindful too for any malicious activity that can compromise your coins and security.

(12 votes, average: 1.67 out of 5)

Best Decred Wallets and Its Features

May 5, 2019 by TheCryptoToday Leave a Comment

Decred is a cryptocurrency that was launched and created in February 2016. This digital coin is an improved version of the Bitcoin, that combines both the Proof of Stake and the Proof of Work. Accordingly, the Decred is the first privacy-focused coins which hit the market a couple of years ago. It uses a unique and hybrid consensus mechanism to make sure that there is a perfect balance between the users and the miners. Hence, aiming to become the leading and most powerful digital coin after Bitcoin.

Being one of the most popular cryptocurrencies in the digital community, it is good to know that right now, there is already a relatively huge provider in terms of the Decred wallets. Some of the best Decred wallets for 2019 are already out and ready for grabs in the market today. Basically, if you are a Decred holder, you need to have a secure wallet which will adhere to all your needs, while at the same time will give you optimal security.

Best Decred Wallet and Its Features

Take a look at the latest and most updated best Decred wallets in 2019 in order for you to compare and choose the best features that will adhere to your needs.

Decredition Wallet – This kind is a desktop wallet that supports storage for Decred. It has a specific official Decred graphical user interface that has been around since the creation and launching of Decred. Accordingly, this kind is an open-source wallet that has gradually improved when it comes to its features over the years. As of its latest update, it has been learned that the wallet now offers great features that involve sending, storing, and receiving Decred. This desktop wallet is always ready for use when it comes to computers having Windows, Linux, and Mac operating systems.
Decred Wallet Ledger – This is otherwise known as the Ledger Nano S wallet. Having known as the best and most popular hardware wallet, this kind will safely store your Decred tokens. In order to complete any kind of transaction, this wallet will simply require both the physical and the digital inputs. Hence, theft will find it hard to steal your digital assets stored in this wallet. Further, your PIN is protected and encrypted, and this means, you can always back up and recover your personal PIN. One of the best features of this Decred wallet ledger is the fact that it supports more than 1000 of digital currencies and has further proven its performance in the crypto market.
Decred Command Line Wallet – This is another open-source type of wallet that is considered to be the most user-friendly. It is very easy to set up as there also some guides of installation that you can download online. Further, one of the advantages of using the Decred Command Line type is the fact that you can forgo the charges that are necessary on staking pools. This wallet also has a feature which will unlock your wallet and have it connected to a PC and into a network most of the time.
Exodus Wallet – This has been always one of the popular choices of the crypto market investors. It is known for having the most fantastic features and has given users the best kind of transaction experience. Accordingly, the Exodus wallet has been developed and enhanced over a period of time. It provides users with encryption of both the private keys and the transaction data. It also has a recovery feature that allows you to do it in one single click. Exodus is compatible with desktop operating in Windows, Mac, and Linux systems.
Atomic Wallet – This is otherwise known as a universal wallet that supports around 300 kinds of digital coins. Aside from storing your Decred, this wallet also enables users to buy and sell crypto coins directly from your wallet by using the exchanges. This wallet is available in all kinds of an operating system for the desktop. Meanwhile, users can also use this wallet for both Android and iOS mobile phones. So far, this has been considered as one of the best choices when it comes to your Decred token storage.

Things to Look for in Selecting Decred Wallets

Basically, there are certain factors to consider when trying to look for the most suitable Decred wallet for you. Check out the list below to give you more insights into what wallet to choose.

Ease of Use – This is the most basic factor that you need to take into account. Make sure that selecting the wallet for Decred will give you the best user experience especially when making transactions. Always see to it that the wallet will work best into your desktop or mobile phone.
Security Feature – Always look for a wallet which has the best and improved security feature. It is important to make sure that your digital assets are safe while it is being stored. Most of the highly-recommended wallets require users to have a two-way factor authentication. By doing so, you can be sure that your assets will be safe from being stolen.
Compatibility – With the different kinds of wallet that is available in the market today, make sure to look for a wallet that is compatible with your computer and phone. This is to make sure that compatibility issues won’t hinder your time from doing certain transactions.

Conclusion

Nowadays, there a lot of Decred wallets that users can choose from. If you are looking for a safe and secure wallet option, then, make sure to consider the above-mentioned tips for you. To select the right Decred wallet will also allow you to keep your digital asset safe from the hands of curious hackers and thefts. When you prefer the full functionality of a desktop wallet, then, you can simply have it downloaded and install it your computer. On the other hand, when trying to look for a wallet that is offline, then, selecting the most popular hardware wallet could be your best option. Just remember, always select the Decred wallet that will always adhere to what you need the most!

(1 votes, average: 5.00 out of 5)

Top 6 Best Nano Wallets

April 26, 2019 by TheCryptoToday Leave a Comment

It was 2015 when Nano was launched by Colin LeMahieu as RaiBLocks, it is a low-latency payment platform that involves minimal resources thus making it ideal for peer-to-peer transfer of value. The Nano community began to grow at a certain pace early of 2018 and has continually grown in an impressive trajectory since then.

Nano has three valuable features that users of digital currency really appreciate – (a) Instant transactions. Nano transactions happen immediately, so it’s a currency you can use for your day-to-day purchases, big or small; (b) Zero fees. All you have to do is pay for the purchases minus the fees. You are basically paying for the item or service and not the convenience; (c) Infinitely scalable. Nano can process over 1000x more per second than Bitcoin, so you’ll save time and be able to do more.

Distinction of The Nano Wallet Company and The Nano Foundation

Prior to discussing the Best Nano Wallets any further, let us begin with the facts. The Nano Wallet Company is a distinct and specific entity, unrelated to the Nano Foundation. While there is confusion in those working for the two companies, let it be known that the Nano Foundation has no control over the wallets and has no association with the Nano Wallet Company. The Nano Foundation, emulating other digital assets, limits itself to its principal functions related to the protocol, while upholding an arms-length line of attack to software built on top of Nano.

Nano Wallets are open-source and it is hoped that users will continue contributing to its improvement and development. Nano is a digital asset or cryptocurrency that shares the same vision that any other digital asset does – and that is to substitute fiat currency, however, pursues to revolutionize blockchain technology on the whole by providing zero-fee transactions in real time without the energy depletion and work-intensive overhead characteristic of Bitcoin, among other things.

Nano XRB

Once you’ve bought XRB (Nano) on an exchange, you may choose that you want to keep those coins in your exchange wallet. If you want to use your XRB (Nano) to place a trade, this is one solution that is not only fast and easy but very much convenient – especially for people who are always on the go.

However, there are some key security risks associated with storing crypto on an exchange. Your private keys are usually controlled by the exchange rather than by you, which means you don’t have full control over your assets and exchanges are a popular target for hackers. But all this is addressed by the designers and producers of wallets; they continually improve on their security to safeguard all your digital assets.

To warrant the protection of your funds, the best option is to move them into a private, secure wallet. That is why there are a couple of wallets in the market today that is dedicated in just that – making sure that your digital assets are well-protected and secured from theft. Hopefully, this will be able to help you understand its potential and continually inspire you to interact with yourself – the future sure is bright!

Best Nano Wallets in 2019

More and more wallets are finally available for purchase and below is a list of the best wallets that can store your digital currency in the most secure and cost-effective way.

Ledger Wallet

One of the most popular and secure hardware wallet that stores more than 1000 digital assets. It was just recently that it started supporting Nano as well. It has a 2-factor authentication process to make it secure and prevents you from hackers. Ledger Wallet is already available for iOS, Android, Linux, Microsoft OS, Firefox and Chrome. This is the best wallet when it comes to storing multiple cryptocurrencies securely in the same platform.

NANO Wallet iOS

This is basically for iOS users, where they can store, send and receive Nano with Nano Wallet. This is safe and secure, and the perfect way to use Nano. It is a global currency with instantaneous transactions and zero fees over a secure, decentralized network. This has recently added a feature where it fixes a bug where the representative wasn’t being properly fetched from the socket on before sending.

NANO Online Wallet | Nano Vault

You are in complete control of your funds without having to download the ledger with an online wallet. The NANO Online Wallet helps you manage your private key. The website only cuts the transaction fee when you transfer your digital currency from one place to another place through their wallet account. The best thing about the Nano Vault is that they are totally focused on high security as the private keys are never sent across the network, and the chance of theft is null. You can send and receive Nano from any device you want using this web wallet.

Canoe Wallet

Canoe is a completely open source and cross-platform wallet to manage your Nano in a safe and secure way. Canoe is secured 100% cryptographically. The best part about Canoe is that the transactions are instant and feeless, which makes it one of the most favorable and best NANO wallets in 2019. You can download the app or you can run it on your desktop.

NANO Wallet Android

As the name suggests, it is for the Android users who can themselves create an account free of cost. You can back up and store your Wallet Seed, share your address via QR code, etc. The best part is that you can send a Nano Share Card through Messages or a Share Action. Just be sure to save your Wallet Seed in a secure and safe place. It is the only way to control your funds and unlock your wallet.

NANO Wallet Desktop

The biggest barriers to making use of a desktop wallet versus a web wallet, for new or freshly joined Nano users, is the initial sync of the blockchain required to receive, send and view balances. It is available for download for Mac, Windows and Linux operating systems, this wallet allows you to retain control of your private keys. It’s easy to use and has an easy set-up process, and sending and receive payments is similarly simple.

In the Nano community, they always try to provide users with the best experience possible and they believe that having a dedicated following makes the journey all worthwhile. As Nano evolves, so are the wallets that you can store them into.

(2 votes, average: 5.00 out of 5)

Best Icon Wallets for 2019 and its Best Features

April 26, 2019 by TheCryptoToday Leave a Comment

The ICON is one of the decentralized platforms in the blockchain technology. With the use of it, every single blockchain allows you to communicate with the other, just like how modern devices are making communications a lot easier today.

As the digital community evolves continuously, it is good to know that ICON wallets are finally available in the market today. Apparently, you will have a tight pick as to which wallet to select since these wallets come in different forms and variants.

However, being a digital currency investor, selecting the best ICON wallet that suits your need is really necessary. To save your head from trouble, there are certain aspects that you must look into a wallet to consider that it is the best one.

With the ICON’s plan to be hyper-connected to the world, they have built different and massive decentralized networks that will allow different blockchains to interact with one another. To this end, a good wallet is also important to continue making transactions moving forward.

Factors to Consider in Choosing an ICON Wallet

These are some of the best factors to consider that will help you make an educated decision as to which ICON wallet to choose. Take a quick look with each factor and get the best wallet for your need.

Security – When choosing for a wallet, security is indeed one of the best factors to consider. As you try to keep and store your digital assets in a wallet, keeping them secure at all times is important. Further, you also need to look for security features which have two-factor authentication. By all means, you can be sure that every transaction is kept private from theft and fraudulent transactions.
Cost – It is also important to learn about the fees that a certain wallet will require. There are some kinds of wallets which require no charges while others may also have hidden charges. Hence, taking this into account is important to save your head from trouble by paying extra and hidden charges.
Private Keys – There are certain wallets which store private keys offline and online. With that, you need to become familiar with the wallet you pick as these keys are also important in keeping your transaction safe and private. Software and hardware wallets may vary from this aspect accordingly.
Supported Coins – If you are an investor who needs to have a wallet that supports a variety of coins, then makes sure to take into account this kind of wallet feature. Some wallets may support to more than 500 coins while other kinds support only a limited number of cryptocurrencies.
Device Compatibility – On top of all other factors to look for in a wallet, the compatibility aspect is also more important. You need to consider whether or not it perfectly works for your mobile or desktop computers to ensure that transaction will continue pretty well. Some wallets may require a specific operating system; and hence, you have to choose the one that best works for your need.
Ease of Use – Looking for the most convenient means of doing your transactions is another thing to look for when buying an ICON wallet. Some investors will look for an easy transaction and how fast one can send or receive payments all at once. Thus, make sure to consider this aspect as well when buying a wallet for your coins.

Best ICON Wallets of 2019 and Its Features

If you are looking for the best ICON wallet to store your coins with, look no further as here are the best reviews for wallets that will help you decide on which one to pick.

ICONex (The Best Web Wallet for ICON) – The ICONex is the official wallet that was made for the ICON. Similar to other web wallets, this one is also a Chrome extension that can be easily installed and be accessed by a user.

When using this wallet, you will be provided by a Keystore or your wallet backup file which allows you to keep ICON tokens safely. Meanwhile, this also gives you a private key which gives you full control of your tokens. Having known for its best security measure, the ICONex allows you to set up a 6-digit PIN code that you just need to enter every time you use your wallet for transactions. One of the best points about this wallet offers is its user-friendly interface. This means that you only need to become familiar with fewer tabs and this already provides all the necessary features that you need.

Trust (The Best Mobile Wallet for ICON) – While web wallets are making names in the market today, mobile wallets are also among the top picks when choosing for a wallet. Having officially launched in the market last year, the Trust mobile wallet is known to store tokens which are ERC20 and ERC223 compatible, as well as the ICON tokens.

This wallet is very easy to use as it also has a user-friendly interface. This app provides users the access to the token storage, settings, and a built-in dapp browser. Further, Trust can also store your private keys locally and will protect the safety of your transaction at all costs. This application has been tested by several security firms and they concluded that your digital assets are safe to be stored in this wallet.

Ledger Nano S – It has been widely agreed that this wallet is one of the safest wallets to store your assets with. Your assets are entirely offline and won’t be accessible to any hackers since this device will only be connected into another device for it to work. Apart from its best security features, the Ledger Nano S is widely known for storing different kinds of crypto coins and that includes the ICX. Without a doubt, this device is much safer than any other wallet available in the market today.

Summary

With this list of updated ICON wallets, you need not go further in looking for the best ICON wallet for your tokens. Each wallet has its own features. The only thing that matters is to select the kind that suits your kind of need.

(13 votes, average: 1.31 out of 5)

Best VeChain Wallets of 2019

April 15, 2019 by TheCryptoToday Leave a Comment

In this fast-growing digital currency community, VeChain has become one of the innovative platforms that work aggressively in creating solutions as to the spread of fake products in the market. Moreover, apart from this movement, the VeChain has recently issued their so-called VEN token through the popular Ethereum sale.

Since its launching, the VEN token has spread out all throughout the market and also paved the way for the availability of the VeChain wallets and other storage options. Being an investor in this digital community, you have to have a secure means of keeping your digital assets. There are VeChain wallets to choose from and all you need to do is to pick out the best one that suits your need.

While all these available wallets vary in terms of functions and usability, taking some time to look into the important aspects in selecting an ideal VeChain wallet would help you save your head from trouble in picking one.

How to Store VeChain?

While VeChain promises to render a well-trusted service in the market, making use of these important wallets will also help investors to acquire transparent transactions and information in the market. The technology that has been used by VeChain simply aims to track transactions and items their shipping cycle. Hence, they always ensure that customers receive the best quality product support.

Meanwhile, it is also important for you to know how is VeChain being stored. Keeping and securing your VeChain only requires you to have a good and safe wallet. There are lots of options to choose from when it comes to keeping your digital assets. However, you only need to search into those wallets that are risk-free from thefts and any activities that may lead to fraudulent transactions.

When looking for a wallet, taking full control over your private keys is necessary. Wallets may come in a form of desktop or mobile variant, while others may also come in software and hardware ones. Above all these different wallets available in the market, make sure to look for storage that is also supported by the VeChain project so you can keep your VET tokens hassle-free.

Different Features of VeChain Wallet

Having known that the VeChain wallet is finally available in the market. It is as well important to consider the different features that this innovation can give you. Undoubtedly, this wallet has lauded the digital community as the surest and most reliable means in storing the VET tokens. These are among the features that you may enjoy in using a VeChain wallet.

Robust Security Protection – Prior to its launching, the VeChain wallet went through a series of security tests which were really approved and manifested by third-party security firms. This heightened security protection includes source code review, smart contract, audit, management audit, and a lot more. Other features also include data encryption and packing protection. By all means, they wanted to ensure the safest transaction that wallet users will have to do.
X Node Binding Service – This feature ensures that X Node participants will be able to transfer their X Node status from Ethereum wallet into a VeChain wallet. Through this X Node binding service, users will be able to earn their VET tokens easily.
Cross-platform Crypto Asset Management – This feature ensures secure and safe transactions in all sorts of cryptocurrencies. This cross-platform thing allows users to swap their VET token to any other currencies safely. This feature is just among the reasons why getting a VeChain wallet today is a must!
VTHO Rewards – The VeChain wallet is reportedly giving access to users to claim their VTHO rewards. Apparently, these rewards can be received in many other ways but it generally includes holding the VET token through an X node.

Best VeChain Wallet in 2019

As mentioned, several wallets are finally available in the market for purchase. Generally, there are some good wallets that are capable of storing VET tokens. Below is the good list of options that you can choose your wallet from.

#1. Ledger Nano S – This is a hardware wallet that is known for its best security feature. If you are looking for safe storage for your digital coins, this is apparently a good pick. The Ledger Nano S is among the best-selling wallets, especially if the security feature is your utmost concern. It is a small USB drive-sized device that is perfectly capable of storing about 700 different digital currencies. One of its best features includes multiple currency support, transparent display of transaction, encryption of accounts, and PIN code activation.

#2. VeChain Thor Wallet (Mobile Wallet) – Along with the release of the VET tokens, the released of this mobile wallet was also made possible. There are about 2 million people who carry their smartphones anywhere they go, and it is no surprise for the VeChain Foundation to choose for the release of their first mobile wallet.

#3. VeChain Thor Sync (Desktop Wallet) – This is another wallet from the VeChain Foundation that is intended for your computer use that works best for both Windows and OSX operation system. This wallet gives users access to the VeChain blockchain and right now, this wallet remains to be under a continues development and study.

#4. Atomic Wallet – This is another desktop wallet where you can store VET tokens on. This is also suitable for computers operating under Windows, MacOS, Ubuntu, and Fedora. Being a desktop wallet, private keys are still being encrypted before you can make transactions through your computer. This wallet is known for its ease of use. But, apparently, more available features will be added soon. Apart from keeping VET token, it also has the ability to add custom ERC-20 tokens to your wallet and trade your coins into other currencies.

Summary

Right now, there are definitely lots of VeChain wallets to choose from. Among those that are enlisted above are the solid choices to consider when you plan of getting one. Whether you prefer having a desktop or a mobile wallet, what matters is the fact that makes sure to choose the wallet that suits your needs.

(13 votes, average: 1.31 out of 5)