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Topic: All in one crypto digital wallet! - page 4. (Read 1501 times)

sr. member
Activity: 1106
Merit: 252
Dextrust.org #Defi
June 12, 2018, 10:32:41 AM
#39
for now hardware wallet can be save all coin or token  , you can using TREZOR , NANO S , LEDGER for save your token or coin .
I recommended you for using hardware wallet for saving your token , because hardware wallet have more security more than wallet online.
sr. member
Activity: 435
Merit: 251
June 12, 2018, 08:42:38 AM
#38
Each crypto have its own digital address, so it is not possible, but there are some online digital wallets with many crypto inside, so each crypto have its own address. Plus also there are various offline wallets too.  Cheesy
sr. member
Activity: 798
Merit: 250
June 12, 2018, 08:34:22 AM
#37
Currently, there are lots of 3rd party wallets that support a variety of altcoin and tokens! But I usually use the core wallet from the developer to make sure it is safe and kept up to date!
newbie
Activity: 113
Merit: 0
June 12, 2018, 07:38:49 AM
#36
I think It is very difficult to build one global mechanism for all coins because of this reason. But we can build one wallet that has different sub wallet such as hardware wallet. Near future, that type of wallet will be famous than other wallets.
newbie
Activity: 68
Merit: 0
June 12, 2018, 01:14:02 AM
#35
If it is possible then it will make crypto world more comfortable.
sr. member
Activity: 402
Merit: 250
June 12, 2018, 01:11:19 AM
#34
Yes it is not an easy task to develop a wallet for all currencies and a cryptocurrency token. Because different coins mean different Blockchain. This blockchain uses different encryption mechanisms and storage mechanisms. Do not put all your eggs in one basket. If there is a problem with the wallet, you will lose all your cryptocurrancy at once.
yes i agree, there is a very big tendency that you will lose all of your valuable belongings instantly, that is why when it someone develops this crypto wallet they must make sure that the security is very strong and cannot be penetrated easily because if the opposite will happen then most probably they will lose their valod costumers.
newbie
Activity: 210
Merit: 0
June 12, 2018, 01:03:36 AM
#33
if he creates a purse in all Altcoins, it will be a great idea, since a lot of wallets - you have to check, store different passwords, I would like this idea to be implemented in the near future
GFE
full member
Activity: 336
Merit: 100
June 12, 2018, 12:37:00 AM
#32
We already have such wallets - even blockchain.info wallet supports as BTC as ETH. At the same time there are a lot of other multicurrency wallets
newbie
Activity: 238
Merit: 0
June 12, 2018, 12:16:57 AM
#31
From my perspective i think it is not effective decision. Personally i use different wallet for different trades. I believe if all in one wallet it might be hack.
newbie
Activity: 154
Merit: 0
June 10, 2018, 05:52:30 AM
#30
I am a new person who knows the bitcoin world. During my bitcoin world I only use some wallets to hold tokens from ERC20 like MEW. NEO and others. I do not know if there is a wallet that can accommodate as discussed this.
full member
Activity: 392
Merit: 100
June 10, 2018, 05:45:30 AM
#29
Yes it is not an easy task to develop a wallet for all currencies and a cryptocurrency token. Because different coins mean different Blockchain. This blockchain uses different encryption mechanisms and storage mechanisms. Do not put all your eggs in one basket. If there is a problem with the wallet, you will lose all your cryptocurrancy at once.
full member
Activity: 490
Merit: 106
June 10, 2018, 05:41:47 AM
#28
If i will be given a chance to do a project with cryptocurrency then i will be making an all in one digital wallet for all crypto that includes bitcoin and all altcoins using same wallet address. I have seen too many digital wallet from known digital wallet for ERC20 tokens and for bitcoin digital wallet but i never saw a digital wallet that will cater all the digital currency either bitcoin or altcoins. If i have only the capacity to do it like having a good team developer and a financer then i guess i could make a revolutionary digital wallet.
It is not possible to create one wallet address for all cryptocurrency because they have their own format, for example Bitcoin address starts with 1, 3 or bc1 if it is a segwit address while Ethereum addresses starts with 0x so how can you create an address that will function for all cryptocurrency if there are required format for each of any of them. It is only possible to create one wallet for all tokens created in Ethereum smart contracts which is already existing or any platform that is similar to Ethereum. What you can do is to create a wallet that supports almost all cryptocurrency you know but with different addresses, like coinomi and jaxx did.
newbie
Activity: 7
Merit: 0
June 10, 2018, 05:22:07 AM
#27
I still think exchange wallets are the best ones.
legendary
Activity: 3472
Merit: 10611
June 10, 2018, 05:00:35 AM
#26
~bitcoin and all altcoins using same wallet address.
it is not recommended to use the same "address" for altcoins and bitcoin. there can be a lot of security issues in different altcoins and also there is always the problems concerning Address Reuse.

Quote
If i have only the capacity to do it like having a good team developer and a financer then i guess i could make a revolutionary digital wallet.
this bold part is exactly why the cryptocurrency scene sucks so much as of late! everyone looks to make money from it. even when you want to make a free, open source tool you want to get paid for it.
all the good tools are old like Electrum! Thomas V never got paid to create the most famous and used SPV wallet
full member
Activity: 420
Merit: 100
June 10, 2018, 04:44:00 AM
#25
That would be nice but i think it would be dangerous if e only have one wallet for all specially when you forgot your security code. IT would still necessary for us to have different wallets. but if incase one can create your concepts it would be nice if and only if there are securities and other options when security code misplaced.
newbie
Activity: 266
Merit: 0
June 10, 2018, 02:27:43 AM
#24
I like your concept.It might be helpful but I dont know whether it is possible or not. If you able to do it than must think about the safety issues as it is a very important thing.
legendary
Activity: 1624
Merit: 2481
June 09, 2018, 01:04:36 PM
#23
Is Coinomi available for computer? It would be inconvenient if you could only use your cell phone to hold all your money. Computer operations are easier.

While it is bad storing all your money on your mobile, it is not safer to store them on a computer.
The biggest part of your holdings should always be held in cold storage. Whether on a paper wallet, air gapped PC or hardware wallet doesn't matter.

A hot wallet (regardless whether mobile or desktop) should always only hold small amounts which you can afford to lose.
jr. member
Activity: 182
Merit: 2
June 08, 2018, 05:18:46 PM
#22
Coinomi is good but it doesn't have all the altcoins that atleast passed their ICO's and go further with the roadmap.Some are missing from it.Maybe a wallet that will add all the main coins(BTC,ETH,etc) and altcoins(that finish their ICO) and will generate a new address for each wallet of the respective coin.Something like a masterwallet that will contain all of them and with a windows/mac/linux,etc versions.Maybe it sounds stupid or it really is.That's just an idea.

Coinomi doesn't have a desktop wallet I think. I prefer doing all my stuff on a computer.
sr. member
Activity: 575
Merit: 250
June 08, 2018, 02:47:37 PM
#21
If i will be given a chance to do a project with cryptocurrency then i will be making an all in one digital wallet for all crypto that includes bitcoin and all altcoins using same wallet address. I have seen too many digital wallet from known digital wallet for ERC20 tokens and for bitcoin digital wallet but i never saw a digital wallet that will cater all the digital currency either bitcoin or altcoins. If i have only the capacity to do it like having a good team developer and a financer then i guess i could make a revolutionary digital wallet.

there is a wallet that already have all this features you just mentioned maybe you have seen or heard of it. its called coinomi its available of android and IOS, you can download it and see for your self.

Is Coinomi available for computer? It would be inconvenient if you could only use your cell phone to hold all your money. Computer operations are easier.
jr. member
Activity: 96
Merit: 1
Nice Trip With Us
June 08, 2018, 02:19:27 PM
#20
If i will be given a chance to do a project with cryptocurrency then i will be making an all in one digital wallet for all crypto that includes bitcoin and all altcoins using same wallet address. I have seen too many digital wallet from known digital wallet for ERC20 tokens and for bitcoin digital wallet but i never saw a digital wallet that will cater all the digital currency either bitcoin or altcoins. If i have only the capacity to do it like having a good team developer and a financer then i guess i could make a revolutionary digital wallet.

The great innovation and I support that innovation as long as the project you are developing will provide convenience and benefit to users of cryptocurrency. However, if the versatile wallet is launched, then the risk is very high so the security of the wallet is extra. Good luck  Wink
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