Is it possible to create such a wallet?

Mike8

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Quote from: barrysty1e on September 06, 2016, 07:00:54 AM

Quote from: Mike8 on September 06, 2016, 05:19:21 AM

From what I understand, coinomi, while it is a cool app and allows a good number of coins, contacts their servers to do some work.
This means the user has to trust them they don't get personal information for their use/gains.

And coinomi doesn't cover all the main coins. It seems to cover only what's compatible with bitcoin wallet.
I've seen, for example, no Cryptonote coin. At least XMR, XDN, BBR, BXC.

I wish to see more types of coins added, but it's an interesting project at this point too.

you know you can add them yourself without much hassle?

No, I didn't. That is somehow interesting, but I guess that I still need a local daemon for that.
And then I don't need it anymore. The main issue is with the coins where the daemon needs a lot of resources (like XMR).
I would like light wallets for all coins. If that would be available, life would be easier for all of us and such application would also be easier (and safer) to be made.

barrysty1e

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Activity: 636

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Quote from: Mike8 on September 06, 2016, 05:19:21 AM

From what I understand, coinomi, while it is a cool app and allows a good number of coins, contacts their servers to do some work.
This means the user has to trust them they don't get personal information for their use/gains.

And coinomi doesn't cover all the main coins. It seems to cover only what's compatible with bitcoin wallet.
I've seen, for example, no Cryptonote coin. At least XMR, XDN, BBR, BXC.

I wish to see more types of coins added, but it's an interesting project at this point too.

you know you can add them yourself without much hassle?

Mike8

sr. member

Activity: 291

Merit: 250

From what I understand, coinomi, while it is a cool app and allows a good number of coins, contacts their servers to do some work.
This means the user has to trust them they don't get personal information for their use/gains.

And coinomi doesn't cover all the main coins. It seems to cover only what's compatible with bitcoin wallet.
I've seen, for example, no Cryptonote coin. At least XMR, XDN, BBR, BXC.

I wish to see more types of coins added, but it's an interesting project at this point too.

barrysty1e

hero member

Activity: 636

Merit: 516

Quote from: PremiumCodeX on September 05, 2016, 05:06:10 AM

Coinomi is a HD wallet that you can use from your desktop and is able to handle BTC and major altcoins in the same application.

Full list of supported coins:

Code:

bitcoin
asiacoin
auroracoin
batacoin
Bata
blackcoin
cannacoin
canadaecoin
Canada eCoin
clams
clubcoin
dash
digibyte
digitalcoin
dogecoin
edrcoin
egulden
ethereum
feathercoin
gulden
gcr
GCRcoin
ixcoin
jumbucks
litecoin
monacoin
namecoin
neoscoin
novacoin
nubits
nushares
parkbyte
peercoin
potcoin
reddcoin
richcoin
rubycoin
shadowcash
solarcoin
syscoin
verge
vertcoin
vpncoin

It is a super application in my opinion. Let me know please your experience with it if you decide to use it!

coinomi is good i agree, but it still requires the separate rpc server & electrum backend per coin. i think what poster is after is a self-contained wallet that can operate on its own.

also coinomi is not without bugs..

PremiumCodeX

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Merit: 531

Metaverse 👾 Cyberweapons

Coinomi is a HD wallet that you can use from your desktop and is able to handle BTC and major altcoins in the same application.

Full list of supported coins:

Code:

bitcoin
asiacoin
auroracoin
batacoin
Bata
blackcoin
cannacoin
canadaecoin
Canada eCoin
clams
clubcoin
dash
digibyte
digitalcoin
dogecoin
edrcoin
egulden
ethereum
feathercoin
gulden
gcr
GCRcoin
ixcoin
jumbucks
litecoin
monacoin
namecoin
neoscoin
novacoin
nubits
nushares
parkbyte
peercoin
potcoin
reddcoin
richcoin
rubycoin
shadowcash
solarcoin
syscoin
verge
vertcoin
vpncoin

It is a super application in my opinion. Let me know please your experience with it if you decide to use it!

DPAY

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Activity: 1

Merit: 0

It's possible. Security could be a stuck for those multiple wallets.

TKeenan

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Merit: 1000

They've already made this. Jaxx.

barrysty1e

hero member

Activity: 636

Merit: 516

it wouldnt be impossible to have one wallet natively store multiple chains under the one hood (not thinwallets with a server backend).

however it would be an absolute b**tard to write; and performance would be lacking,
however; it should be able to utilize the same code for each wallet (depending on algo), as long as separate rules are applies for the intricacies of each currency (block time, block retarget algo, b58enc scheme).

james

Shockaftermoon

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beatcoin team leader

Quote from: coynedterm on August 28, 2016, 03:52:26 AM

Yea it is possible to create a wallet but the problem is security. You should know the programming language fluently and you should know about every possible bugs and security loop hole in your wallet. If you don't care about wallet security then u can make one but you can't trust your wallet, dark guys could easily make your wallet empty in a matter of minutes to hours

security is a problem ,indeed, but if we add 2fa to that wallet,reduce the risks.anyway,people holds different coins , so it would be difficult to compile a wallet for every specific user,unless is done with certain standart coins(don't forguet the pos coins, needs to be mintable in the new wallet)so, thinking and thinking about , just found a lot of ''issues''.

coynedterm

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Merit: 500

Yea it is possible to create a wallet but the problem is security. You should know the programming language fluently and you should know about every possible bugs and security loop hole in your wallet. If you don't care about wallet security then u can make one but you can't trust your wallet, dark guys could easily make your wallet empty in a matter of minutes to hours

fikihafana

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Activity: 462

Merit: 250

Quote from: RoseMann on August 25, 2016, 10:27:00 PM

Quote from: fikihafana on August 25, 2016, 07:53:30 PM

Quote from: btvGainer on August 19, 2016, 05:18:35 AM

Is it technically possible to create a desktop wallet where we can store all crypto including bitcoin and all existing and to be launched coin in one wallet? I know one can keep them in online exchanges but it is risky.

Technically it's possible to create that. But the problem is you need to download every blockchain if not you can not sync. You just need run their coin daemon and then your application connect to coin daemon.

Isn't this wel... not true? How does Electrum do it then where you dont' need to download the blockchain? If other alts ran similar Electrum servers, then this would be possible without blockchain download.

With cold storage, we dont need to download blockchain we just need to keep private key. Your argument very interesting for me to research more about this. thx mate

lewis.jr

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Merit: 10

Quote from: calkob on August 20, 2016, 03:06:14 PM

also no one wants to keep their coin at an exchange that is just crazy,,,,,, Cry

indeed

RoseMann

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Quote from: fikihafana on August 25, 2016, 07:53:30 PM

Quote from: btvGainer on August 19, 2016, 05:18:35 AM

Is it technically possible to create a desktop wallet where we can store all crypto including bitcoin and all existing and to be launched coin in one wallet? I know one can keep them in online exchanges but it is risky.

Technically it's possible to create that. But the problem is you need to download every blockchain if not you can not sync. You just need run their coin daemon and then your application connect to coin daemon.

Isn't this wel... not true? How does Electrum do it then where you dont' need to download the blockchain? If other alts ran similar Electrum servers, then this would be possible without blockchain download.

fikihafana

sr. member

Activity: 462

Merit: 250

Quote from: btvGainer on August 19, 2016, 05:18:35 AM

Is it technically possible to create a desktop wallet where we can store all crypto including bitcoin and all existing and to be launched coin in one wallet? I know one can keep them in online exchanges but it is risky.

Technically it's possible to create that. But the problem is you need to download every blockchain if not you can not sync. You just need run their coin daemon and then your application connect to coin daemon.

calkob

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also no one wants to keep their coin at an exchange that is just crazy,,,,,, Cry

krishna1

sr. member

Activity: 322

Merit: 250

yes this is 100% possible we are developers and we can make stuffs which are not exists but we can make some software and sites depending on our desired work we make them ourself you can do it too if you had some technical knowledge

achow101

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Merit: 6793

Just writing some code

Quote from: NeuroticFish on August 19, 2016, 10:42:03 AM

Quote from: achow101 on August 19, 2016, 10:35:14 AM

It could be an SPV wallet. That would certainly save on space. It could also use pruning.

But are there SPV wallet for all coins? Can they be done?
I don't know that much. First thing that comes into my mind is Cryptonote/Monero: there the simple wallets I know of use a "trusted" public daemon, which I am almost certain it has the whole chain. From what I've read SPV wallet is a quite different thing....

I don't know as I haven't studied all coins. For coins that are based upon Bitcoin, SPV wallets are possible.

NeuroticFish

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Quote from: achow101 on August 19, 2016, 10:35:14 AM

It could be an SPV wallet. That would certainly save on space. It could also use pruning.

But are there SPV wallet for all coins? Can they be done?
I don't know that much. First thing that comes into my mind is Cryptonote/Monero: there the simple wallets I know of use a "trusted" public daemon, which I am almost certain it has the whole chain. From what I've read SPV wallet is a quite different thing....

barrysty1e

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Activity: 636

Merit: 516

It doesnt have to have a local blockchain, nor does this impede its security.

Electrum/Coinomi can be easily ported to suit any Cryptocurrency; in particular Coinomi can handle multiple cryptocurrencies as long as the chains are hosted alongside given Electrum server.

achow101

staff

Activity: 3458

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Just writing some code

Quote from: NeuroticFish on August 19, 2016, 10:33:37 AM

Quote from: btvGainer on August 19, 2016, 05:18:35 AM

Is it technically possible to create a desktop wallet where we can store all crypto including bitcoin and all existing and to be launched coin in one wallet? I know one can keep them in online exchanges but it is risky.

To be launched? If it doesn't have a blockchain, it cannot have a wallet.

Now, for the existing ones, it can be done, but it's quite some work and nobody will use it.
Just imagine how big is the blockchain for Bitcoin to load. Now, each coin has its own chain, which has to be downloaded. Each coin has its own daemon in a way or another which will have to stay in memory.
The result will be something big that needs a lot of resources and which nobody will fully use, since nobody cares of ALL cryptos. Even the small exchanges de-list the coins with low volumes to free resources...

It could be an SPV wallet. That would certainly save on space. It could also use pruning.

Topic: Is it possible to create such a wallet? (Read 2735 times)