stormjib

stormjib’s profile 9

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Member since: December 30, 2019

Reviews:


Coldcard Wallet

Review Date: January 07, 2020 22:23:53

I haven't purchased my cold card yet. It is a sophisticated hardware wallet that allows for offline transaction signing through a skeletal Electrum wallet, communicated by placing the Tx on a MicroSD card. It is capable of restoring seed words of varying lengths created by other wallets. The very common BIP 39 - 24 word recovery seed. I'm most interested in exploring the xpub export feature in which payments and addresses can be saved to a microSD card. I feel this wallet is good for a slightly advanced Bitcoin user. It is open source, and the hardware is vertically integrated, assembled in house by Coldcard. The board is has circuitry encapsulated in epoxy that protects against physical vector attacks. This is pretty much the state of the art Bitcoin wallet at present. I will purchase one eventually and comment on use. To date I have only used Trezor One & Model T


Trezor

Review Date: December 30, 2019 20:17:07

The original hardware wallet I believe, founded by Slush of Slushpool mining. The Trezor One, has a basic interface, it has the downside that pin/keword info is input to the host computer. Contrast this to the Model T, all input is directly input to the hardware wallets touch screen. A hardware wallet is a good tool for storage of Bitcoin and other cryptocurrency private keys. It utilizes MyEtherWallet for ETH. I'm not in love with that interface, I have enjoyed MetaMask and Trust wallet for ERC20 tokens. I must emphasize I'm not an expert on ETH and associated tokens, I would seek information from more knowledgeable sources if that is your primary use case in a hardware wallet. For Basic things like BTC, BCH, LTC, DASH, DOGE, ETH, ETC it has served me well, probably able to handle others, but I haven't done it. Nice product, would recommend.


Cash App

Review Date: January 20, 2020 00:12:32

I love CashApp, I can instantly buy Bitcoin with direct deposit from my checking account. Always withdraw your funds to a wallet you control the keys of. It is quick and easy. My only criticism is in the confirmation email, it rounds up the amount BTC purchased/withdrawn. To me, that complicates keeping track of cost basis and keeping track of specific UTXO in my wallet.


Ravencoin

Review Date: December 30, 2019 19:44:14

Ravencoin had a reasonably fair start/launch. It is a GPU mined POW code fork of Bitcoin that seeks to be a platform for the creation and exchange of digital assets with IPFS integration. It is developing restricted assets which will allow for US legally compliant tokens to optionally be issued. It seems to achieve its roadmap goals, and will ultimately have token voting and other features integrated. It has 1000x supply of Bitcoin, with the same halving reward block structure. It had its Genesis block on 1/3/2018.


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