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Topic: ⭐⭐ Elysium Wallet - Full control, zero trust - made in switzerland ⭐⭐ (Read 692 times)

member
Activity: 114
Merit: 11
I was really surprised by how you managed and took care of the graphic part of the application, it's really well done, then using the unique username is truly an innovative idea that will bring a lot of satisfaction and I must say that it's really practical and easy to use, nice job

I recently download the apps, haven't play around it though, but the design is slick, and then you login with your username and then restore it with your passkey. And they have this security about fingerprint your verify and then another security question with your passcode that you have set when you created your wallet.

And if you are not satisfied with their product, you can request for a account deletion.

Hopefully though, they could expand their signature campaign a little longer or accept more participants so that they can get more exposure here in our community.

I think that this is a great opportunity for the team to publicize the application and make it known as much as possible so this signature campaign is an excellent job that they are doing in addition to the fact that the product is truly a bomb
member
Activity: 57
Merit: 37
I was really surprised by how you managed and took care of the graphic part of the application, it's really well done, then using the unique username is truly an innovative idea that will bring a lot of satisfaction and I must say that it's really practical and easy to use, nice job

I recently download the apps, haven't play around it though, but the design is slick, and then you login with your username and then restore it with your passkey. And they have this security about fingerprint your verify and then another security question with your passcode that you have set when you created your wallet.

And if you are not satisfied with their product, you can request for a account deletion.

Hopefully though, they could expand their signature campaign a little longer or accept more participants so that they can get more exposure here in our community.

yes, in fact, thanks to the signature they are making, I must say that the wallet is gaining popularity and its adoption in the market is growing, it is true that there are many of them but I must also say that this is an excellent product which, if advertised correctly, can do many beautiful things
legendary
Activity: 3080
Merit: 1353
I was really surprised by how you managed and took care of the graphic part of the application, it's really well done, then using the unique username is truly an innovative idea that will bring a lot of satisfaction and I must say that it's really practical and easy to use, nice job

I recently download the apps, haven't play around it though, but the design is slick, and then you login with your username and then restore it with your passkey. And they have this security about fingerprint your verify and then another security question with your passcode that you have set when you created your wallet.

And if you are not satisfied with their product, you can request for a account deletion.

Hopefully though, they could expand their signature campaign a little longer or accept more participants so that they can get more exposure here in our community.
full member
Activity: 187
Merit: 103
I was really surprised by how you managed and took care of the graphic part of the application, it's really well done, then using the unique username is truly an innovative idea that will bring a lot of satisfaction and I must say that it's really practical and easy to use, nice job
full member
Activity: 210
Merit: 124
The fact that Lighthining Network has been introduced is really nice, this is a feature that I have always appreciated in the various wallets, namely the fact of being able to use this technology for small payments
well done elysium team
the graphics are also very pleasant

Yes, it's true, one thing I noticed is that it's really easy to use and in such a simple way you can manage your money and move it easily. I have to say that the work done by these guys is truly admirable, considering that it's a young app I'd say that will give us a lot of satisfaction, are there other features planned for the future?
newbie
Activity: 21
Merit: 12
Update just tried to download on my android device and it says not available, team please do something about this restriction if not you may be locking out a huge number of your clients.

true, more than all the other technically beautiful things they are creating, it would be important to concentrate efforts on opening up as many markets as possible
that's definitely the thing that matters
but it's also true that without the nice features they're putting in, opening up to everyone right away might not be good
I think they're doing well
a little feature, a little opening markets
full member
Activity: 88
Merit: 102
The fact that Lighthining Network has been introduced is really nice, this is a feature that I have always appreciated in the various wallets, namely the fact of being able to use this technology for small payments
well done elysium team
the graphics are also very pleasant
legendary
Activity: 3696
Merit: 4343
The hacker spirit breaks any spell
🌍 Expanding Android Globally
Elysium Wallet is reaching more Bitcoin users worldwide!
Our Android app is now live in seven new countries:
🇮🇳 India | 🇧🇷 Brazil | 🇸🇻 El Salvador | 🇦🇷 Argentina
🇺🇦 Ukraine | 🇷🇸 Serbia | 🇦🇪 UAE | 🇦🇱 Albania

Every launch is designed with strict compliance to local regulations, ensuring maximum security without compromise. We're bringing self-custody and true Bitcoin sovereignty to new communities.
Where should we go next? Let us know your thoughts!


⚡️ Supercharged Lightning Network Features
The future of fast and scalable Bitcoin transactions is here.
Elysium’s Lightning Network implementation is taking usability to the next level:
🔹 Faster and more reliable transactions for everyday payments
🔹 Improved invoicing system for seamless Lightning integration
And soon: Effortless BTC transfers between on-chain and Lightning Network.

Whether you’re stacking sats or running a node, these updates are built for speed, reliability, and ease of use.


🎨 A Fresh Look, A Better Feel
We’ve given Elysium a major design overhaul to improve your experience:
🔹 Cleaner Dashboard: View your holdings and transactions at a glance
🔹 Customizable Widgets: Access your most-used features instantly
🔹 Simplified Navigation: Get where you need to go, faster
🔹 Detailed Asset Insights: A clear view of your Bitcoin and stablecoins
🔹 Faster QR Scanning: No delays, just smooth transactions

All these changes are designed to make managing your Bitcoin intuitive, fast, and powerful. What feature do you love most about our new design?


🔐 Advancing Authentication Technology
At Elysium, we’re leading the charge in secure, keyless self-custody.
🔹 Our V2 Core Authentication System is almost here: Faster, safer, smarter
🔹 The patent process is moving forward: Protecting our revolutionary key management
🔹 Two new tech factors are being integrated to enhance security

Your Bitcoin is always yours, no private keys stored, no compromises.
Are you ready for the next generation of Bitcoin wallets?


🛠️ Technical Upgrades That Matter
Behind the scenes, we’ve made powerful improvements to enhance your experience:
🔹 Centralized error management system: Problems resolved faster, with clearer feedback
🔹 Enhanced WebView support: For smoother app-web interactions
🔹 Refresh Token System: Added security without disrupting usability
🔹 New analytics tools: To ensure your feedback drives future upgrades

Bitcoin deserves tools that work as hard as you do. Let us know how these upgrades enhance your journey.


🔮 What’s Next for Elysium?
We’re building the ultimate Bitcoin experience and pushing the limits of wallet technology. Here’s what’s coming soon:
➡️ Major performance optimizations to make everything faster
➡️ Lightning Network full integration: Seamless layer-to-layer BTC transfers
➡️ More frequent iOS updates: Features rolling out faster than ever
➡️ Continuous UI refinement: Perfecting every interaction

Our mission is clear: To deliver a wallet that empowers Bitcoiners worldwide. What feature would you like to see next?
legendary
Activity: 2702
Merit: 4002
the signature campaign is paused to allow the elysium team to organize for planB
you will find the stand there in Lugano with a nice Raffle to win cryptocurrency-themed prizes delivered by a famous Italian influencer, Masutti

thank you all
It's unfortunate that they stopped but they got good returns of around $420 so it's strange that they decided to stop especially since signature campaigns require continuity. Let's hope planB leads to better development.
legendary
Activity: 3696
Merit: 4343
The hacker spirit breaks any spell
the signature campaign is paused to allow the elysium team to organize for planB
you will find the stand there in Lugano with a nice Raffle to win cryptocurrency-themed prizes delivered by a famous Italian influencer, Masutti

thank you all
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
I have the same feelings as well, that why the limitations when they are trying to get popular by users across the world, maybe they are just on a test run mode before the full launch or big time implementation being effective, but as for now, we can say they are only good for a start, they may have to work on many things we have all suggested for them here.
They will expand to other regions as well, but it will largely depend on the third partner who will provide the trading service and probably the exchange partner will require geo-restrictions even with KYC.
Honestly, the idea of ​​a wallet with mandatory KYC does not seem attractive to me, it is quite a threat to privacy.
hero member
Activity: 714
Merit: 521
DGbet.fun - Crypto Sportsbook
I actually make use of a VPN in doing so.

Can you try to use it without using a VPN so that we know if the restriction applies only to the download or to the use of this wallet at all?

It works without using VPN, all that will be needed is to make the first initial download with VPN in other to evade the restricted regions, and once this is done, it is very easy to use and access without using VPN again.

It is not attractive to me to use a wallet limited to a certain area and where I only have to use it via VPN. It makes things even more difficult because, as far as I can see, it is intended only for mobile devices, there is no web/desktop version at all.

I have the same feelings as well, that why the limitations when they are trying to get popular by users across the world, maybe they are just on a test run mode before the full launch or big time implementation being effective, but as for now, we can say they are only good for a start, they may have to work on many things we have all suggested for them here.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
Question:
Quote
Are there any information about this technical feature? I've read the FAQ[1] and related blog post[2], i still don't understand how it exactly works. But more importantly, are there any ways to recover our coin without using Elysium wallet or server?

Answer: Generally speaking, the Elysium wallet is a fully non-custodial wallet with a new proprietary algorithm for user onboarding. We have developed a Multi-Factor Authentication (MFA) system that is fully keyless, so the key is never stored on the device but always recreated on demand when the user needs to sign a transaction. Of course, we also support account recovery. Currently, this process requires the Elysium server to be online, but by the end of the year, we will release a new version where users can still restore their accounts even if our infrastructure is down.

Proprietary algorithm? No wonder the explanation sounds vague. Anyway, i'll briefly read/check the upcoming recovery feature without requiring your infrastructure.

Question:
Quote
Non Custodial wallets are for international use and there is no restriction of any country from the ones I have seen and used but yours have selected countries to use. And only that has indicated that it is not self custodial wallet. And also self custodial wallets have no much features on the interface and the most important thing in the home page or interface is "Receive, Send or Scan" might be at the bottom. But yours has different features. And I didn't see the open source information in the App. And there is a link to request to delete the account, and I think that link should be removed because the wallet has been created by the user and if he uninstall the app, and later interested to use again, he can install it. But when the account is deleted, what about the address and the private key? And finally I discovered that the wallet is still under development. Many features are still on the description that "it is coming soon"

Answer: Thank you for the feedback. The problems we are facing on the app being available worldwide are because our provider for the exchange is not available worldwide and we are about to release it soon. The app as non-custodial could be available worldwide, while for the services inside we need to follow regulations worldwide.

I see. Although in my opinion, you could've just limit the exchange feature to specific user (by IP or country) since you already advertise your wallet globally.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
Suppose you downloaded the wallet, does it allow you to sync the blockchain without a VPN? Or does it require a VPN connection to update the balance?
It does not require VPN.
legendary
Activity: 2702
Merit: 4002
So the reason I can not use the wallet is because it is close source and it is encouraging people to use passkey in a way newbies might not know what seed phrase is. The passkey is not optional but mandatory while using the wallet.
Suppose you downloaded the wallet, does it allow you to sync the blockchain without a VPN? Or does it require a VPN connection to update the balance?

But any feedback will be much appreciated
What is the final roadmap? Will the service be a KYC wallet or will the wallet be available and there is another app to perform the exchange? Or just an exchange app.

Developing the wallet requires that you try to reach more users, that there is an exchange service within the wallet application and then you can request KYC for those who want to complete the exchange service unless you want to be the first wallet that wants to request KYC from users.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
The algorithm we've prepared is compatible with BIP39 and the derivation path is "m/84'/...", which is BIP84 HD SegWit (BIP 84 Bech32 – Native) to save on fees and keep up with the times and innovations in this world. We'll integrate other BIPs in the future, but for now it's based on this BIP. At the moment, there isn't a GitHub from which to download the app, but that will also be done in the future when the technology is protected and stable.
Go to Google Play Store storage and cache and clear the storage. Then on the VPN that support Internet connection from any of the listed countries:

The algorithm we've prepared is compatible with BIP39 and the derivation path is "m/84'/...", which is BIP84 HD SegWit (BIP 84 Bech32 – Native) to save on fees and keep up with the times and innovations in this world. We'll integrate other BIPs in the future, but for now it's based on this BIP. At the moment, there isn't a GitHub from which to download the app, but that will also be done in the future when the technology is protected and stable.

Then go to Play Store and you will be able to download the wallet. Hugeblack posted about it above and I followed what he posted.
hero member
Activity: 1260
Merit: 765
Top Crypto Casino
I wanted to download it to find out if it is a BIP39 wallet and also to know the bitcoin derivational paths it is supporting. But I was unable to download it on Google Play Store.





Most noncustodial wallets are on Google Play Store for people in my country to download. Why is this different when there is no any government restriction?

Is there any reputable site like GitHub that I can download the wallet file? Is the wallet open source? How can we know the public can check and review the code like the code to be available on GitHub?
Really you mean is not avaliable to Nigeria Google store users, I want to try to download the wallet to check and see what is happening over there, but seeing your comment right make me discourage to try it out, I hope may be this is as a result of your connections or OS but then let me try to download from apple store to see if I will get the same message and if anything different, I will update the thread so that the team can do something about it.

Update just tried to download on my android device and it says not available, team please do something about this restriction if not you may be locking out a huge number of your clients.
newbie
Activity: 2
Merit: 3
When I was creating keys and addresses on the wallet, I saw 'create wallet'. And below it, I saw 'import wallet'.

When I clicked on create wallet, I saw this:

https://talkimg.com/images/2024/10/04/ikW5f.jpeg



When I clicked on import wallet, I saw this:

https://talkimg.com/images/2024/10/04/ikl13.jpeg


These is an encouragement to let people not to know what seed phrase is. Although, if you go to settings, you can click on 'extract private key's to see your seed phrase. I test it with Iancoleman BIP39 tool and it was BIP84 as the address on the wallet is the same as the first address on Iancoleman BIP39 tool.

So the reason I can not use the wallet is because it is close source and it is encouraging people to use passkey in a way newbies might not know what seed phrase is. The passkey is not optional but mandatory while using the wallet.

Correct, for the first version of the App the Passkeys are mandatory, in the next one they wont be.

Thank you for the feedback, we need to present better the option to "Create" and "Import". Btw, import wallet it's a functionality that will be introduced in the next version of the technology as we are still managing to close some implementation to let you use whatever seed phrase you have.

The all thing we are trying to do is incentives people to create an account and a wallet without knowing what a seed phrase is, how to use it and store it. We are trying to make the onboarding, the security, the usability and the restore way easier for people. And in the next version that we will release we will introduce more factors to let you decide how to setup, what risk you have and how secure vs usable is your setup.

Seed phrase won't scale as a method for the mass adoption, that's our (and specifically mine) thesis for the industry



Answer: Thank you for the feedback. The problems we are facing on the app being available worldwide are because our provider for the exchange is not available worldwide and we are about to release it soon. The app as non-custodial could be available worldwide, while for the services inside we need to follow regulations worldwide.
The regional restriction for non-custodial wallets seems pointless.
Some users managed to download the wallet using a VPN. How will you prevent such cases in the future to remain 'compatible' with the exchange provider?
Will the use of the Elysium wallet be subject to passing KYC?

The problem it's on the store prospective, not in the wallet itself. App Store and Play Store won't let use release the app if the provider, in the regions we want to release it, is not regulated. Using VPN is a good way to download the app even if it's not available in your store at the moment, even though when you will need to add funds trough the provider you'll need to do KYC and then only if you are "allowed" you can really buy/sell those assets. As far as sending and receiving trough blockchain the are no limitations

In the future we will need to do some KYC in order to let users use the wallet for some specific tiers.. It's not something that I'm happy about as a Bitcoiner but it's the way the world (and the regulations) are going nowadays. We will think of a lighter KYC at first and then the full KYC (working on finding a tokenized version of it to not let you do KYC multiple times but just once and then re use it every time you need it)

But any feedback will be much appreciated
legendary
Activity: 3472
Merit: 3507
Crypto Swap Exchange
Answer: Thank you for the feedback. The problems we are facing on the app being available worldwide are because our provider for the exchange is not available worldwide and we are about to release it soon. The app as non-custodial could be available worldwide, while for the services inside we need to follow regulations worldwide.
The regional restriction for non-custodial wallets seems pointless.
Some users managed to download the wallet using a VPN. How will you prevent such cases in the future to remain 'compatible' with the exchange provider?
Will the use of the Elysium wallet be subject to passing KYC?

hero member
Activity: 630
Merit: 510
is elysium username is a short representation of the public key and all transactions are done via the bitcoin blockchain or is it closer to an account ID where transactions can be made between wallet users without onchain ID. Will there be restrictions on users from other IPs who have downloaded the wallet or are the restrictions on google play, and will the APK version be available soon?
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