I did quick check and it seems they also write this blog post,
https://medium.com/coinomi/coinomi-reviving-our-legacy-reigniting-our-vision-df6eed9d0312. They claim they'll back to open source and support more blockchain network.
Coinomi wallet returned to having updates on 04/10/2024 after 2 years, on iOS we have the following changelog:
They are coming back and they are already announcing adding new coins... that is not a good sign
I agree. There's no mention of fixing broken feature or bringing back server/service for certain feature.
It's great that they're planning to open the code again. There's no justification for making a bitcoin wallet's code closed, they should never have done that. But the decision to go back to open source is good news.
I've only used Coinomi very little because it's closed source, despite its cool features.
To make it better, they could provide support for P2TR addresses for
BTC and, in the future, sylent payments.
Speaking of wallets that are similar or close to Coinomi, like Stack Wallet, I liked it because it doesn't have as many altcoins. I think having too many altcoins is a problem because it's more code to deal with and more room for error. Something similar to the
derivation path vulnerability in the ledger could happen.
But anyway, I'm happy with Coinomi's return and their decision to open the code again, because it's another option for us users.
Exodus is way worse is basically every aspect.
I am very happy to see they are back, and I don't understand all the hate on them over the last few years.
Yes, exodus is horrible, closed source... it seems like they try hard to scare users away with that horrible UI, of course it's a good wallet for anyone who wants to use shitcoins, now that coinomi is apparently back, it will compete directly with exodus.
I hope coinomi will also support air-gapped hardware wallets and common HWs (with USB connections) in the future.