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9 of the best open-source Bitcoin & cryptocurrency wallets (2020)

The post 9 of the best open-source Bitcoin & cryptocurrency wallets (2020) appeared first on Go Cryptowise.

Are you looking for a secure and trustworthy cryptocurrency wallet? Then you should look into using an open-source cryptocurrency wallet. Something that is considered important amongst every person is having trust with the brands, products and services that you use in life. And one way that a product could provide its users with trust is […]

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Are you looking for a secure and trustworthy cryptocurrency wallet? Then you should look into using an open-source cryptocurrency wallet.

Something that is considered important amongst every person is having trust with the brands, products and services that you use in life.

And one way that a product could provide its users with trust is by being open and transparent.

9 of the best open-source crypto wallets list

1 ) Copay

Copay open-source Bitcoin wallet

Copay wallet is a simple cryptocurrency wallet created for the sole purpose of sending and receiving Bitcoins, Bitcoin Cash originally, but now with added cryptocurrencies supported.

It is developed by the company Bitpay, an early adopter and promoter of Bitcoin and technology company that provide merchants with payment processing services for BTC and BCH.

Copay is a light wallet, and it uses uses Bitcore Wallet Service (BWS) for peer synchronisation and network interfacing.

Copay is open-source, licensed under the MIT license. It is available for download to desktop or mobile devices.

Which cryptocurrencies does it support: Bitcoin, Bitcoin Cash, Ethereum, XRP, USDC, PAX, GUSD, BUSD

Get started with Copay here:  iOSAndroidWindows PhoneChrome AppLinuxWindows and OS X devices

2 ) Bitpay

Bitpay wallet

Another open-source crypto wallet and one that is also developed by the same company as the Copay wallet is Bitpay wallet.

This is a more modern and feature-rich wallet created by the same company. It is not mean to compete with Copay, but be an alternative (learn more about Copay vs Bitpay here).

It should interest people that wants to use the same wallet application for more cryptocurrencies, and wants other features such as:

  • Spend their Bitcoins and cryptocurrencies at shops
  • Option to buy more cryptocurrencies within the app

But also to use a open-source wallet, with its software open for audits and checks.

Which cryptocurrencies does it support: Bitcoin, Bitcoin Cash, Ethereum, XRP, USDC, PAX, GUSD, BUSD

Get started with Bitpay here: For iOS and Android

3 ) Edge wallet

Edge wallet an open source mobile cryptocurrency wallet

This is a modern mobile wallet that also is open source.

Edge wallet, or formerly Airbitz is a multi-currency wallet with added features like in-app cryptocurrency purchases with fiat currencies, portfolio tracking and cryptocurrency exchange.

It is also released under the MIT license.

With Edge wallet you can use it with Bitcoin, Ether and other popular cryptocurrencies such as; Monero, XRP, Dash, Litecoin, EOS, Tezos and more.

Which cryptocurrencies does it support: Bitcoin, Bitcoin Cash, Ethereum, Monero, XRP, Dash, Litecoin, EOS, Tezos

Get started with Edge wallet here: For iOS and Android

4 ) BRD wallet

BRD wallet a multi-currency mobile wallet

Another popular and modern Bitcoin and cryptocurrency wallet is BRD wallet.

With a clear vision of how this crypto and blockchain space will make a positive impact, the BRD team have focused on creating a wallet that is perfectly aligned with the core message.

Open source, decentralisation and the future of money. This venture-backed company have created one good-looking and easy-to-use wallet. It supports

BRD wallet comes with excellent reviews in both Appstore and Google Play. It has support for Bitcoin, Bitcoin Cash, Ethereum, XRP, LINK, DAI, BAT and many more coins and tokens.

Which cryptocurrencies does it support: Bitcoin, Bitcoin Cash, Ethereum, XRP, LINK, DAI, BAT, Bancor, OMG, PAX and 30+

Get started with BRD wallet here: For iOS and Android

5 ) MyEtherWallet (MEW)

MyEthereWallet or MEW one of the most popular web based wallets for Ethereum and Ethereum tokens

One of the most popular online wallets for Ethereum, and Ethereum-tokens is MyEtherWallet, or MEW.

This free and open-source Ethereum wallet is extremely popular and very easy to use.

It comes with support for popular hardware wallets like Trezor and Ledger, and third-party applications such as MetaMask.

Which cryptocurrencies does it support: Ethereum and Ethereum tokens

Get started with MEW wallet here: Go to www.myetherwallet.com (check that it’s the correct address and it’s using SSL certificate (https)

6 ) MyCrypto

MyCrypto a free open source wallet for Ethereum and Ethereum tokens

A MEW lookalike and option is MyCrypto wallet.

If you think they look and feel similar then it’s because of good reasons. MyCrypto was created by one of the founders to MyEtherWallet, namely Taylor Monahan.

And MyCrypto is essentially a fork from MEW. Possible because of the fact that both are open-source applications.

MEW is the original and probably still the most popular option today. It became widely used during the height of the ICO period back in 2017.

When lots of new Ethereum-based tokens launched as crypto startups. And attracted many new investors.

Which cryptocurrencies does it support: Ethereum and Ethereum tokens

Get started with MEW wallet here: Go to www.mycrypto.com (check that it’s the correct address and it’s using SSL certificate (https)

7 ) GreenAddress / Green wallet

GreenAddress / Green wallet by Blockstream Green

This is an open source Bitcoin wallet.

It is available for macOS, Windows, Linux, iOS and Android.

GreenAddress the old school Bitcoin wallet was in 2016 acquired by Blockstream Green. And it has since seen some major upgrades in its UX and UI.

And it is now a highly modern but still open-source wallet for Bitcoin.

Which cryptocurrencies does it support: Bitcoin

Get started with Green wallet here: Download it for iOS, Android, Linux, macOS and Windows here

8 ) Blue wallet

Blue wallet for Bitcoin

And lastly, I wanted to mention Blue wallet. It’s a Bitcoin wallet with support for the lightning network.

With Blue wallet you can therefore run hosted lightning network wallets and make use of this new Bitcoin innovation, for faster and cheaper transactions.

Like Bitcoin itself, Blue Wallet is fully open source and licensed under MIT. It was created during the BTC and crypto haze in 2017.

And it has since become a very popular mobile wallet for BTC.

It also can be used with hardware wallets that supports PSBT (Partially Signed Bitcoin Transactions).

Which cryptocurrencies does it support: Bitcoin

Get started with Blue wallet here: Download it for iOS and Android

9 ) Natrium

Natrium an open-source wallet for Nano

This is an open-source cryptocurrency wallet for popular Nano.

This lightning-fast cryptocurrency has a strong community following, and Natrium seems to be a well-liked wallet app with high ratings in both Appstore and Google Play.

Natrium is released under the MIT license, and you can inspect the code here on GitHub.

It is an all-Nano cryptocurrency wallet. It looks modern and nice, and it got most of the features you need from a modern cryptocurrency wallet.

But being lightweight and fast it’s focused more on the necessities from a crypto wallet, i.e. sending and receiving rather than purchasing and trading.

Which cryptocurrencies does it support: Nano

Get started with Blue wallet here: Download it for iOS and Android

About open source cryptocurrency wallets

Open Source illustration

Transparency and openness are also key aspects of blockchain technology and cryptocurrencies. Bitcoin and other blockchains like Ethereum are open-source initiatives (Bitcoin under MIT license and Ethereum under GPL license).

This means others can access the source code for them. They can create their own versions from the code and create new Ethereum/Bitcoin forks.

Open-source softwares is in some ways perfectly aligned with this space, therefore there is also a much greater interest in products and services that operate in this space to also be open-source.

And one thing I have in mind specifically are open-source cryptocurrency wallets.

With cryptocurrency wallets we store and integrate with our cryptocurrencies, and in good faith that this software and application is reliable and safe to use.

And what better way to prove that than by making your wallet application and software fully open source. So that others can inspect and audit the code at any time.

If you value openness, transparency and decentralisation and if you own cryptocurrencies like BTC, ETH, LTC, etc then I wanted to make you aware of these 9 good cryptocurrency wallets that are open source.

What is open source?

The Open Source initiative screnshot

As the name suggests it means that the code in which the application is built on is licensed in such a way that it is open for others to read and modify.

There are some different types of licenses available which might suit you better depending on the application/software you are developing.

We have named the MIT license, there are also GNU, Apache and others (see them all here).

To learn even more about how open source works and the different licenses we recommend you to check out https://opensource.guide/legal/ and https://opensource.org/osd-annotated.

Conclusion

Which open-source cryptocurrency wallet should you go for?

Well, it depends on if you own more than Bitcoin today? Then you should look into one the multi-currency wallets.

If not, then either of the BTC-only wallets might appeal to you more?

What all these cryptocurrency wallets have in common is that they are all open-source crypto wallets. Some have support for multiple cryptocurrencies.

Others are Ethereum or Bitcoin-only wallets.

They are all very popular and used by millions of crypto investors around the world, so with that in mind I would myself trust all of them. But as always do your best to research and evaluate the wallets yourself.

Otherwise I hope this guide to the best crypto and Bitcoin open source wallets was useful.

If you think there’s another wallet that deserves to be on this list then let me know in the comment section below.

Find other guides

  1. Best Litecoin wallets
  2. Best Ripple wallets
  3. Best Stellar Lumens wallets
  4. Best Bitcoin wallets
  5. Best Neo wallets

Source: https://gocryptowise.com/blog/best-open-source-cryptocurrency-wallets/

Blockchain

Robinhood Testing New Cryptocurrency Wallet as Demand Rises

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The millennial-focused trading portal is edging closer to launching a long-awaited app that will enable its growing user-base to send and receive cryptocurrencies.

A beta version of Robinhood’s iPhone app showed the company’s latest upgrades on the new digital asset features, according to Bloomberg.

There is a hidden image showing a waiting list for users eager to get their hands on the app and code referring to crypto transfers, it added.

Delving Deeper into Crypto

Robinhood users can already buy and sell cryptocurrencies on the platform but they need to convert them to and from USD. With a native app, users will be able to send crypto assets to each other directly and set up two-factor authentication for additional security.

Robinhood Chief Executive Officer Vlad Tenev stated that adding crypto wallets is a priority for the company’s developers and they are actively working on such.


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“The ability to deposit and withdraw cryptocurrencies is tricky to do with scale, and we want to make sure it’s done correctly and properly.”

He did not specify a launch date, but the beta app leak suggests it is not too far away. Users of the new functions will need to activate crypto sending and receiving and the registration page will require an identity check, the report added.

On Sept. 11, CryptoPotato reported that Robinhood had launched incentives to promote longer-term cryptocurrency investing. The zero-fee recurring purchase feature enables users to schedule digital asset purchases for regular intervals with buys as low as a dollar.

This will encourage customers to build their cryptocurrency portfolios over time and “become a whole coiner,” stated Robinhood.

Robinhood Users Hungry For Crypto

Cryptocurrency trading has been one of the biggest drivers of revenue for Robinhood this year. Dogecoin has been the crown jewel, according to the company. It reported that 62% of its $233 million in second-quarter crypto income came from DOGE trading.

It added that more than half of all transaction-based revenue on the platform came from digital asset trading. The firm did warn that Q3 would not be as prosperous due to “seasonal headwinds and lower trading activity across the industry.”

Robinhood share prices have already fallen 43% since their all-time high of a little over $70 in early August. They are currently trading down 1.68% since Monday’s open at $40.70 according to Yahoo! Finance.

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Source: https://cryptopotato.com/robinhood-testing-new-cryptocurrency-wallet-as-demand-rises/

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Blockchain

Snoop Dogg Reveals His Connection With Twitter Account on NFTs

Snoop Dogg Twitter

Rate this post American rapper Snoop Dogg tweeted on Monday that he’s the owner of a Twitter account that talks about nonfungible tokens (NFTs). The account, named @CozomoMedici, shares “insights and tales from the wild world of NFTs” and has 27.7K followers at the moment. Snoop Dog Claims to Be Popular NFT Advocate on Twitter Snoop Dogg left the crypto community stunned this week after he revealed himself as the owner of a Twitter account dedicated to NFTs.  The account Cozomo de’ Medici, named after an Italian banker, is only a month old. However, it has already garnered attention from industry watchers and even a mention from crypto-focused news outlet The Block.   According to The Verge, the person behind the Medici account had been creating hype around their real identity for “at least a few days” and even conducted a poll for their followers to take a guess. The poll featured Democratic congresswoman Alexandria Ocasio-Cortez and Matt Bellamy, the lead singer of the rock band Muse. Snoop, however, was not mentioned in the poll. On September 20, @CozomoMedici tweeted that they were about to reveal their identity from their account. Shortly after, Snoop Dogg tweeted “I am @CozomoMedici.”   Interestingly, after making this revelation, the Medici account bought two weed-themed collectibles from an artist named NyanDogg, The Verge reported. Additionally, Snoop’s alleged OpenSea account has been sent  “a cloud of blunt and Snoop-themed NFTs” following the reveal. Is Medici Account an Elaborate Prank? The Medici account could likely turn out to be an elaborate prank, one that Snoop might have engineered himself or just participated in. Many reactions to Medici’s reveal have also expressed skepticism about Snoop’s involvement. “I have a hard time accepting that this account is Snoop Dogg. Like seriously Snoop Dogg muted his live stream for a week (?) by accident. And he is that deep into NFTs out here owning crypto punks… Owning Eth using OpenSea. Would love that to be true but I can’t believe it,” Twitter user @Brandolf485 wrote in the comments. Nonetheless, the crypto community will have to continue looking for concrete proof till Snoop’s involvement with the account is confirmed. 

The post Snoop Dogg Reveals His Connection With Twitter Account on NFTs appeared first on Cryptoknowmics-Crypto News and Media Platform.

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American rapper Snoop Dogg tweeted on Monday that he’s the owner of a Twitter account that talks about nonfungible tokens (NFTs). The account, named @CozomoMedici, shares “insights and tales from the wild world of NFTs” and has 27.7K followers at the moment.

Snoop Dog Claims to Be Popular NFT Advocate on Twitter

Snoop Dogg left the crypto community stunned this week after he revealed himself as the owner of a Twitter account dedicated to NFTs. 

The account Cozomo de’ Medici, named after an Italian banker, is only a month old. However, it has already garnered attention from industry watchers and even a mention from crypto-focused news outlet The Block.  

According to The Verge, the person behind the Medici account had been creating hype around their real identity for “at least a few days” and even conducted a poll for their followers to take a guess. The poll featured Democratic congresswoman Alexandria Ocasio-Cortez and Matt Bellamy, the lead singer of the rock band Muse. Snoop, however, was not mentioned in the poll.

On September 20, @CozomoMedici tweeted that they were about to reveal their identity from their account. Shortly after, Snoop Dogg tweeted “I am @CozomoMedici.”

Interestingly, after making this revelation, the Medici account bought two weed-themed collectibles from an artist named NyanDogg, The Verge reported. Additionally, Snoop’s alleged OpenSea account has been sent  “a cloud of blunt and Snoop-themed NFTs” following the reveal.

Is Medici Account an Elaborate Prank?

The Medici account could likely turn out to be an elaborate prank, one that Snoop might have engineered himself or just participated in. Many reactions to Medici’s reveal have also expressed skepticism about Snoop’s involvement.

“I have a hard time accepting that this account is Snoop Dogg. Like seriously Snoop Dogg muted his live stream for a week (?) by accident. And he is that deep into NFTs out here owning crypto punks… Owning Eth using OpenSea. Would love that to be true but I can’t believe it,” Twitter user @Brandolf485 wrote in the comments.

Nonetheless, the crypto community will have to continue looking for concrete proof till Snoop’s involvement with the account is confirmed. 

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Source: https://www.cryptoknowmics.com/news/snoop-dogg-reveals-his-connection-with-twitter-account-on-nfts/

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Blockchain

TA: Ethereum Breaking This Confluence Resistance Could Spark a Recovery

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Ethereum started a major decline below the $3,200 support zone against the US Dollar. ETH price traded as low as $2,807 and it is now attempting a recovery wave.

  • Ethereum started a fresh decline below the $3,300 and $3,200 support levels.
  • The price is now trading below $3,200 and the 100 hourly simple moving average.
  • There is a key bearish trend line forming with resistance near $3,020 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could a steady recovery wave if there is a close above $3,050 in the near term.

Ethereum Price Corrects Losses

Ethereum started a major decline from the $3,500 resistance zone. ETH traded below many important support zones near $3,300 and the 100 hourly simple moving average, similar to bitcoin.

The bears gained strength below the $3,200 support zone. Finally, ether spiked below $3,000 and extended its decline. A low is formed near $2,807 and the price is now correcting losses. There was a break above the $2,920 and $2,950 resistance levels.

The price recovered above the 23.6% Fib retracement level of the recent decline from the $3,455 swing high to $2,807 low. An immediate resistance on the upside is near the $3,020 level. There is also a key bearish trend line forming with resistance near $3,020 on the hourly chart of ETH/USD.

Ethereum Price

Source: ETHUSD on TradingView.com

A close above the $3,020 and $3,050 levels could start a decent recovery. The next major resistance might be near the $3,130 level. It is near the 50% Fib retracement level of the recent decline from the $3,455 swing high to $2,807 low. A clear break and close above the $3,130 level could start a steady increase. The next major resistance sits near $3,300.

More Losses in ETH?

If ethereum fails to correct higher above the $3,020 and $3,050 resistance levels, it could start another decline. An initial support on the downside is near the $2,960 level.

The next major support seems to be forming near the $2,900 level. A downside break below the $2,900 support zone could lead the price towards the $2,800 zone. The next major support is near the $2,750 level, below which ether price might decline towards the $2,640 support zone.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is slowly losing pace in the bearish zone.

Hourly RSIThe RSI for ETH/USD is still well below the 50 level.

Major Support Level – $2,960

Major Resistance Level – $3,050

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Source: https://www.newsbtc.com/analysis/eth/ethereum-confluence-resistance-3050/

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