Breadwallet Review – The Next Step in Wallet Security

Breadwallet Review – The Next Step in Wallet Security
фото показано с : captainaltcoin.com

2019-3-1 22:49

Breadwallet, which debuted in 2014, is the first standalone iPhone Bitcoin wallet, and it’s easier than sending an email. It is important to note that no personal information are required, you need to just download the app. Breadwallet is a real standalone bitcoin client, unlike iPhone wallets. You can always access your money because there is no server to get hacked or go down. This wallet gives you complete financial freedom and control. Banking hours and hidden fees are things of the past, and you can send and receive any amount of bitcoin, anywhere, at any time, with total financial privacy. Breadwallet connects directly to the bitcoin network using SPV mode.

Breadwallet is the Next Step in Wallet Security

By building on iOS’s strong security base, breadwallet is designed to protect you from browser security holes, malware, and even physical theft. It’s safer than a bank vault and it still protects you from forks. With app sandboxing, AES hardware encryption, keychain and code signatures, breadwallet represents an important security improvement over web and desktop wallets, and other mobile platforms. Bitcoin is emerging as a viable alternative asset, and that’s why you should use breadwallet to keep your long-term investment secure yet accessible for everyday use. This wallet also allows you to keep your eye on the bitcoin price.

Beautiful Simplicity

Breadwallet’s core design principle is simplicity. All you need to restore your wallet on another phone if yours is ever lost is a simple recovery phrase. Breadwallet is “deterministic”. This means that your balance and entire transaction history can be restored from just your recovery phrase. It is important to note that you should take the time, to write down your recovery phrase on a piece of paper. You shouldn’t take a screenshot or write it on any device connected to the internet, because if anybody were to get a hold of your recovery phrase, they would be able to steal your bitcoins. We recommend that you keep this piece of paper in a bank vault or place with similar security if you plan to keep significant amounts of money in your wallet.

Summary

Breadwallet has announced $7 million in new funding, and it raised funds from a group of investors that includes Maffin Inc, Liberty City Ventures, Globe Advisors, East Ventures, DAS Capital, OKWAVE and Saison Ventures. According to the firm, an unnamed group of angel investors and family offices also took part in the round.

Breadwallet indicated it plans to use the funding to expand its marketing teams and business development. They also want to invest in new functionality for the bitcoin wallet itself.

It is also important to note that Breadwallet has also announced that it is setting up new headquarters in Switzerland because they want to join an increasing number of cryptocurrency and blockchain startups that have made their home in the so-called “Crypto Valley.”

The post Breadwallet Review – The Next Step in Wallet Security appeared first on CaptainAltcoin.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 64252.68 (-0.02%)
Объем 24H $20.777b
Изменеия 24h: 0.70 %, 7d: -3.00 %
Cегодня L: $63888.55 - H: $64471.95
Капитализация $1266.759b Rank 1
Цена в час новости $ 3847.42 (1570.02%)

breadwallet wallet standalone iphone bitcoin step review