Author

Topic: What happened to Coinomi? (Read 546 times)

legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
September 04, 2023, 05:46:10 AM
#42
My only problem is that I can't find the source link on Google
The problem is more obvious from your timeline: they went from 2 months between updates to no update in 16 months.

Anyway, I have my answer and solution. No more Coinomi for me, so I'll lock this topic.
sr. member
Activity: 728
Merit: 282
September 04, 2023, 04:25:53 AM
#41
I've been using Coinomi on mobile for years, for small amounts of different coins (amongst other things claiming Forkcoins). I know Coinomi is closed source, but for small amounts I don't mind.
Coinomi's last update in the Google Play Store was on March 19, 2022. Monero for instance has been broken since the network was upgraded a year ago. Coinomi never upgraded their support for the coin.
I can't find much about it online. The website still works, but their onion site doesn't.
It looks like they've abandoned the project but left some existing servers running.


    -     According to my research, this Coinomi wallet has been around for a long time. And as far as I know, it was said that it had a released version of Coinomi 2.14 in January 2023, followed in March by the release of Coinomi 2.15 for Avalanche, and then in the month of May, Coinomi 2.16 was released for Fantom.

My only problem is that I can't find the source link on Google because different ones appear based on these updates.
legendary
Activity: 3458
Merit: 6231
Crypto Swap Exchange
September 03, 2023, 07:33:35 AM
#40
Not shilling for one particular company, BUT the Keystone hardware wallet has a decent IMO multicoin companion app for both Android & IOS
Didn't Keystone officially announce recently they are stopping support for their companion app and they are focusing more on supporting all other third party applications?
If this is true than I wouldn't recommend anyone using this app for anything serious.
There is one app from different HW manufacturer, but I am not comfortable enough using and recommending it.

If they did I missed it, which is possible.
But, even so a slightly out of date app that is linked to hardware is going to be safer then a software only one.

In the end there are a lot of BTC only wallets that are good.
And few single alt coin wallets that are good.
All the multicoin wallets are fair at best.

And this then gets back to the amount of risk someone is willing to take vs the amount of funds involved.

-Dave

copper member
Activity: 2170
Merit: 4238
Join the world-leading crypto sportsbook NOW!
September 02, 2023, 12:14:28 PM
#39
You make a good point, but it seems excessive for an amount so small that I'm comfortable keeping it in a closed source mobile wallet. Lol: It's so safe, I can't even send it.

Lol, it's pretty darn safe which is required for my use-case, but it definitely sounds like overkill for your habits.  I also use my Trezor to add a layer of security for the bulk of my coins.  Being that it's decentralized and always in my control, Monero is my go-to method of maintaining my financial privacy.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
September 02, 2023, 09:05:25 AM
#38
Feather does give you the option to restore a full wallet from your private spend key at the set up wizard. ~ I suspect he would have to go through the https://coinomi.github.io/tools/bip39/ site I linked above, at which point it will be easier just to use the Monero seed phrase it generates rather than the private spend key.
Thanks, this is a lot easier than expected. It's syncing the wallet now. That concludes my adventure with Coinomi.

Update: syncing finished. The weird thing is: after importing the Coinomi wallet into Feather, none of the addresses under "Receive" showed anything, and they didn't match the addresses in Coinomi. But the funds appeared and I could send them. Done!
legendary
Activity: 2268
Merit: 18509
September 02, 2023, 05:10:35 AM
#37
Maybe there is an option there for private keys instead of key images.
Key images in Monero are something quite different to raw private keys. They are a one time use alternative public key which is used for verifying there are no double spends within the ring signature.

Feather does give you the option to restore a full wallet from your private spend key at the set up wizard. However, I would be surprised in Coinomi gives Loyce the option to export his private spend key. I suspect he would have to go through the https://coinomi.github.io/tools/bip39/ site I linked above, at which point it will be easier just to use the Monero seed phrase it generates rather than the private spend key.

as the regulation becomes strict Privacy coins like XMR will be delisted from exchanges, and retail will be least interested in it. The price won't rise much as there will be no hype.
If you are buying Monero on a regulated, centralized exchange, you are doing it wrong. Cheesy I also couldn't care less about "hype". The majority of Monero users are in it for the tech and the privacy, not to try and chase meaningless hype like is the case with Ethereum.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
September 02, 2023, 04:43:46 AM
#36
For Monero... I tried the full wallet once (on a server), and it's much more resource intensive than Bitcoin Core, so that's not an option either.
This has been my solution for the last couple of years, and it's actually not that bad.  It does seem to take much longer to sync than bitcoin, even though the blockchain size is under 200GB, but once synchronized it doesn't use up much in the way of processing or ram resources.
You make a good point, but it seems excessive for an amount so small that I'm comfortable keeping it in a closed source mobile wallet. Lol: It's so safe, I can't even send it.

Maybe there is an option there for private keys instead of key images.
I guess I'll have to create the key image from a private key to use that.
legendary
Activity: 2730
Merit: 7065
Farewell, Leo. You will be missed!
September 02, 2023, 03:59:06 AM
#35
I quickly checked Feather yesterday, but couldn't find how to import a private key.
Maybe the wallet doesn't support private key imports. Huh
I don't know much about Monero, but maybe this can help > https://docs.featherwallet.org/guides/create-view-only-wallet.
It talks about creating watch-only wallets. That's not what you want, but it's not why I am mentioning it. At the bottom, it describes how to import key images. It tells you to go to
You are an expert already and you know what close source wallets are. If you need another alternative, use Trustwallet if the coins you are looking for is not on Unstoppable wallet.
It's not that big of a deal, I think. We all know how difficult it is to find good multi-coin wallets. The Unstoppable Wallet that keeps getting mentioned probably doesn't even support 1/5 of the coins and tokens that Trust Wallet, Atomic, Exodus, and similar closed-source alternatives do. Then, what else is there than to suggest, mention, list, or recommend the worse options?

Unstoppable wallet takes too long to sync, and downloads hundreds of MBs (maybe up to 1-2 GBs) of data during that process for each coin. For many people with limited phone storage, that might not be the best choice.
sr. member
Activity: 2030
Merit: 356
September 01, 2023, 03:31:42 PM
#34
And no Ethereum  Huh I thought this could be the third one in the list too.
Why? Just because it's popular? It's a pre-mined scam which is happy to roll back the chain to censor people if the devs so choose. It's the opposite of all the things you want from a proper cryptocurrency.

You got this right but still it will reach another heights in the next bull market but on the other hand, as the regulation becomes strict Privacy coins like XMR will be delisted from exchanges, and retail will be least interested in it. The price won't rise much as there will be no hype. And many people do not know the advantages of XMR over other altcoins.
copper member
Activity: 2170
Merit: 4238
Join the world-leading crypto sportsbook NOW!
September 01, 2023, 01:09:11 PM
#33
For Monero... I tried the full wallet once (on a server), and it's much more resource intensive than Bitcoin Core, so that's not an option either.

This has been my solution for the last couple of years, and it's actually not that bad.  It does seem to take much longer to sync than bitcoin, even though the blockchain size is under 200GB, but once synchronized it doesn't use up much in the way of processing or ram resources.

I don't have any mobile monero wallets installed either, but I believe MyMonero will allow you to connect to your own remote daemon which can improve privacy.  I like to have the official monero wallet installed on my laptops, so I can and do connect those wallets to my remote daemon through a VPN, which eliminates the need to have the whole blockchain downloaded on every device I use.
legendary
Activity: 2212
Merit: 7064
Cashback 15%
September 01, 2023, 12:24:58 PM
#32
Poking about LinkedIn shows that a couple of their key people such as their CTO left the company around the same time as they went silent on all their media channels last year. It seems maybe there are a few customer support agents still working at Coinomi, but they key people responsible for maintenance and development have all left.
It's possible.
I am not following anything related with Coinomi for years, but I remember last time I checked their desktop app it was very buggy, and I couldn't close it properly several times.

Not shilling for one particular company, BUT the Keystone hardware wallet has a decent IMO multicoin companion app for both Android & IOS
Didn't Keystone officially announce recently they are stopping support for their companion app and they are focusing more on supporting all other third party applications?
If this is true than I wouldn't recommend anyone using this app for anything serious.
There is one app from different HW manufacturer, but I am not comfortable enough using and recommending it.

legendary
Activity: 3220
Merit: 5634
Blackjack.fun-Free Raffle-Join&Win $50🎲
August 31, 2023, 11:16:32 AM
#31
I do not recommend Trustwallet

You are an expert already and you know what close source wallets are. If you need another alternative, use Trustwallet if the coins you are looking for is not on Unstoppable wallet.

I don't know how you interpret what you wrote, but for me this is more than a clear recommendation. You definitely recommend both wallets, only the second one as an alternative.
legendary
Activity: 3458
Merit: 6231
Crypto Swap Exchange
August 31, 2023, 10:05:48 AM
#30
Not shilling for one particular company, BUT the Keystone hardware wallet has a decent IMO multicoin companion app for both Android & IOS
https://support.keyst.one/getting-started/syncing-with-the-keystone-vault-mobile-app

You would have to see if it has the coins / tokens you use. But this gets you mobile and hardware.
Yes, to spend you now have to carry 2 devices. Or be limited to only spending when you are where you keep your HW wallet.

As always, different things work for different people. Not going say one is better then the other or use this instead of that.
Different things work for different people, and at time higher risk is a fine tradeoff for not dealing with a bunch of different wallets because it's for such a small amount.

If someone wants my $25 in LTC and $20 in Doge and $20 (ish) in ETH and the other $50 in tokens. Have at it. I have probably saved more then that value in time not having to deal with 3 wallets every time I swapped phones.


-Dave
legendary
Activity: 1512
Merit: 4795
August 31, 2023, 09:56:11 AM
#29
I'm really surprised that you give such a recommendation at all, considering that Trust Wallet is also mentioned in the context of Libbitcoin Explorer and so far $900k worth of cryptocurrencies stolen. There is nothing trusted in that wallet except the name, and besides, the company that privatized that wallet is really shady, not to say a harsher word.

[WARNING] Wallets created with Libbitcoin Explorer (bx) are insecure!
I recommended Unstoppable wallet, not Trustwallet.

I do not recommend Trustwallet:

You are an expert already and you know what close source wallets are. If you need another alternative, use Trustwallet if the coins you are looking for is not on Unstoppable wallet.

Close source wallet are not recommendable.

LoyceV is not a newbie and he is using a close source wallet for low amount of the shitcoins on a mobile device and as what I still know, he is still of bitcoin tech savvy than me. He stated this on the OP:

Coinomi is closed source, but for small amounts I don't mind.

Libbitcoin Explorer vulnerability was not linked to Trustwallet. But all close source wallets can be linked because the public do not know anything about the source code and if they use Libbitcoin Explorer to generate seed phrase for users, or if how the seed phrase is generated is worse and more vulnerable than how Libbitcoin Explorer generate seed phrase.

I can not recommend a close source wallet.
legendary
Activity: 3220
Merit: 5634
Blackjack.fun-Free Raffle-Join&Win $50🎲
August 31, 2023, 09:38:56 AM
#28
~snip~
You are an expert already and you know what close source wallets are. If you need another alternative, use Trustwallet if the coins you are looking for is not on Unstoppable wallet.

I'm really surprised that you give such a recommendation at all, considering that Trust Wallet is also mentioned in the context of Libbitcoin Explorer and so far $900k worth of cryptocurrencies stolen. There is nothing trusted in that wallet except the name, and besides, the company that privatized that wallet is really shady, not to say a harsher word.

[WARNING] Wallets created with Libbitcoin Explorer (bx) are insecure!
hero member
Activity: 2464
Merit: 934
August 31, 2023, 07:41:04 AM
#27
And no Ethereum  Huh I thought this could be the third one in the list too.
I'd suggest Alpha wallet [1] for Ethereum
I'd suggest to stay away from Ethereum. It's a centrally controlled premined shitcoin that abandoned it's USP the moment it was convenient for the creator. After that, it got worse by spamming and scamming thousands if not millions of people with made-up useless tokens. That's not how crypto is supposed to be.

Well, I was just replying to what JohnBitCo asked.

legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
August 31, 2023, 07:30:58 AM
#26
And no Ethereum  Huh I thought this could be the third one in the list too.
I'd suggest Alpha wallet [1] for Ethereum
I'd suggest to stay away from Ethereum. It's a centrally controlled premined shitcoin that abandoned it's USP the moment it was convenient for the creator. After that, it got worse by spamming and scamming thousands if not millions of people with made-up useless tokens. That's not how crypto is supposed to be.

Back on topic:
If you don't want to run your own node, then why not just use the GUI wallet from https://www.getmonero.org/ and connect to a third party node?
I didn't know that's a possibility. I'll have to look into the differences between GUI wallet and Feather. I quickly checked Feather yesterday, but couldn't find how to import a private key.

Or alternatively, Coinomi (of all places!) has forked Ian Coleman's paged and implemented the same thing. Just enter your seed phrase and select "Monero" from the drop down menu and it will spit out your Monero seed phrase:
https://coinomi.github.io/tools/bip39/

Obviously do all this on an airgapped device.
Thanks, I'll start here.
legendary
Activity: 2856
Merit: 7410
Crypto Swap Exchange
August 31, 2023, 06:09:05 AM
#25
Their subreddit paints a similarly bleak picture: https://www.reddit.com/r/coinomi. Lots of posts of people being unable to spend coins, unable to sync, getting a variety of error messages, etc. The comment section for each of those posts is just filled with spam.
Similar thing happen on their play store (Android) if you sort it's review by newest date. Although Coinomi still have 4.5 stars and play store decide to show old review with 4-5 stars.

That happens if you select 'Most Relevant', with "Most Recent" new ones appear.

I know that. My point is user who don't bother check all/recent review would be deceived with what play store shown by default (4.5 stars and review with 4-5 stars).

For Monero, I don't need to keep it on mobile. That was only out of convenience, not because I need it on the go. So Monerujo won't work. I tried the full wallet once (on a server), and it's much more resource intensive than Bitcoin Core, so that's not an option either.
If you don't want to run your own node, then why not just use the GUI wallet from https://www.getmonero.org/ and connect to a third party node?

Based on my short experience, Feather have better performance/sync time than GUI wallet from getmonero.org though.
legendary
Activity: 2268
Merit: 18509
August 31, 2023, 04:20:25 AM
#24
Third, and I could be wrong about this, but there doesn't seem to be a coin number assigned for XMR on SLIP-0132.
Monero is assigned coin number 128: https://github.com/satoshilabs/slips/blob/master/slip-0044.md

As you say though, it's more complicated than just deriving at that path since you also need to use the sc_reduce32() function to end up with a ed25519 key.

Both Trezor and Ledger have released tools which will guide you through the process of converting your BIP39 seed phrase in to a 25 word Monero seed phrase which can be imported in to the Monero wallets we have discussed above:
https://github.com/ph4r05/monero-agent/blob/master/PoC.md#trezor-seeds
https://github.com/LedgerHQ/app-monero/tree/master/tools/python

Or alternatively, Coinomi (of all places!) has forked Ian Coleman's paged and implemented the same thing. Just enter your seed phrase and select "Monero" from the drop down menu and it will spit out your Monero seed phrase:
https://coinomi.github.io/tools/bip39/

Obviously do all this on an airgapped device.
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
August 31, 2023, 03:49:45 AM
#23
but I don't think they support monero.
You are correct, Unstoppable wallet is not supporting monero.

It's quite difficult to support Monero anyway in combination with other coins, because the BIP39-like seed cannot be used to derive private keys in the same way as other coins. First, Monero uses a differnt curve - Ed25519, not secp256k1. Second of all, BIP32 and other hierarchical derivation schemes are not defined by Monero. Third, and I could be wrong about this, but there doesn't seem to be a coin number assigned for XMR on SLIP-0132.
legendary
Activity: 2268
Merit: 18509
August 31, 2023, 03:00:39 AM
#22
They are still a bit active in Coinomi Official Telegram, they posted about Coinomi web wallet, so they are still working on something, but I don't see much activity on twitter and other social media.
Poking about LinkedIn shows that a couple of their key people such as their CTO left the company around the same time as they went silent on all their media channels last year. It seems maybe there are a few customer support agents still working at Coinomi, but they key people responsible for maintenance and development have all left.

For Monero, I don't need to keep it on mobile. That was only out of convenience, not because I need it on the go. So Monerujo won't work. I tried the full wallet once (on a server), and it's much more resource intensive than Bitcoin Core, so that's not an option either.
If you don't want to run your own node, then why not just use the GUI wallet from https://www.getmonero.org/ and connect to a third party node?

And no Ethereum  Huh I thought this could be the third one in the list too.
Why? Just because it's popular? It's a pre-mined scam which is happy to roll back the chain to censor people if the devs so choose. It's the opposite of all the things you want from a proper cryptocurrency.
hero member
Activity: 2464
Merit: 934
August 31, 2023, 03:00:37 AM
#21
Any suggestions which multicoin wallet to use instead?
You surely know better than to ask me that question. Here's my solution: Electrum for Bitcoin and Monerujo for Monero. Sell all your shitcoins for one of these two. Tongue
And no Ethereum  Huh I thought this could be the third one in the list too.
I'd suggest Alpha wallet [1] for Ethereum, open source and available on both Android & iOS. Ethereum has lots of wallets available shouldn't be of trouble at all to find one.

Extensions wallets like Metamask can also be used on mobile with extension supported browsers like Kiwi/Lemur/Mises (search on play store), on iOS there is orion browser with extension support too but I'm not sure if it extensions work there as good.

Wallets with inbuilt browsers are hit or miss on properly rendering the Dapps so I prefer extensions.

Regarding Monero, I came across this Elite wallet [2] which is also open source [3].

Their subreddit paints a similarly bleak picture: https://www.reddit.com/r/coinomi. Lots of posts of people being unable to spend coins, unable to sync, getting a variety of error messages, etc. The comment section for each of those posts is just filled with spam.
Similar thing happen on their play store (Android) if you sort it's review by newest date. Although Coinomi still have 4.5 stars and play store decide to show old review with 4-5 stars.

That happens if you select 'Most Relevant', with "Most Recent" new ones appear.

It looks like they've abandoned the project but left some existing servers running.
Like in this case, Coinomi stopped upgrading the wallet and you never know they may close the service one day.
Wouldn't we be fine as we have seed phrase which we can use to recover funds in case coinomi shuts down? Ofc, this long as they don't wipe our funds with backdoors or whatever.



If it adds to anything, I tried their live chat, they responded well after half an hour.





legendary
Activity: 2954
Merit: 1159
August 30, 2023, 11:32:49 PM
#20
It looks like they've abandoned the project but left some existing servers running.

The first thing which i did after reading your post, was to open my Coinomi wallet on my Android phone, check if I had any little bit of balance in that wallet, find none and uninstalled it.

In my early bitcoin days, I used to download any wallet I heard was good and sometimes also transfer Bitcoin/altcoin to them. This is not a good approach as it is very difficult to keep track of all the wallet updates if you have many wallets with you. Like in this case, Coinomi stopped upgrading the wallet and you never know they may close the service one day.
sr. member
Activity: 2030
Merit: 356
August 30, 2023, 11:25:53 PM
#19
Any suggestions which multicoin wallet to use instead?
You surely know better than to ask me that question. Here's my solution: Electrum for Bitcoin and Monerujo for Monero. Sell all your shitcoins for one of these two. Tongue

And no Ethereum  Huh I thought this could be the third one in the list too.

Have you considered Unstoppable Wallet? Which is open source multi-crypto available on both Android and IOS.

For the altcoins and shitcoins Unstoppable wallet is the best, far better than the trust wallet.
legendary
Activity: 2212
Merit: 7064
Cashback 15%
August 30, 2023, 02:19:10 PM
#18
Cake Wallet exists in Beta for Linux, which leaves Feather Wallet. I'll install this (in a VPN, of course) and recover my private key from Coinomi.
If you don't need to use it smartphones than Feather wallet is fine monero wallet especially for people who are familiar with Electrum, it has almost identical gui design and menus.
I never tried using Cake wallet (I remember they had one serious bug), but I think anything is better than Coinomi.

After a bit of research, I realized that AtomicDEX rebranded and changed its name to Komodo Wallet. Their new website is very weird. Many times when you click on something, it wants to download Komodo documents to your computer. They don't have a page that clearly explains all supported coins and tokens, though. It was the same with AtomicDEX. 
I wrote about that in different topic, they rebranded and made things a bit more complicated and confusing for everyone.
legendary
Activity: 2730
Merit: 7065
Farewell, Leo. You will be missed!
August 30, 2023, 11:34:33 AM
#17
I wouldn't risk using them anymore when there is solid open source multicoin alternatives like Unstoppable.money wallet or Komodo wallet.
I was wondering why I haven't heard of the Komodo wallet and remembered that there was an altcoin with the same name. No idea if it's still alive today. After a bit of research, I realized that AtomicDEX rebranded and changed its name to Komodo Wallet. Their new website is very weird. Many times when you click on something, it wants to download Komodo documents to your computer. They don't have a page that clearly explains all supported coins and tokens, though. It was the same with AtomicDEX. 
legendary
Activity: 3458
Merit: 6231
Crypto Swap Exchange
August 30, 2023, 10:54:24 AM
#16
Outside of the XMR Coinomi does seem to work for a lot of people. If you check their Telegram there are people there with some minimal support as @dkbit98 said.
I use Coinomi for just about all my shitcoins. Which I do have a bunch of.

But, I still maintain that with all things like this your phone should be worth more then the coins stored on it since it's a HOT wallet.
Bit different with a PC, but the concept remains the same. Except for some minimal things why are you storing any real funds in something that is not protected by a hardware wallet?

Edit: I'm using 'you' in general, not directed towards any one person.

-Dave
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
August 30, 2023, 06:13:48 AM
#15
FWIW, Feather Wallet also could have slow sync since it download check all block from specific block height (either when the wallet created or first time you receive Monero) due to privacy purpose[1].

[1] https://docs.featherwallet.org/guides/synchronization
I've had that with "Bitcoin Wallet" on Android, restoring my old backup took more than a day on my old phone. It's okay, I haven't been able to use it from Coinomi in about a year, so I'm in no rush.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
August 30, 2023, 05:56:25 AM
#14
I think you will get by by installing official releases by those projects.
I use a few Electrum Forks for Forkcoins (obviously only in a VM, as I don't trust them).

For Monero, I don't need to keep it on mobile. That was only out of convenience, not because I need it on the go. So Monerujo won't work. I tried the full wallet once (on a server), and it's much more resource intensive than Bitcoin Core, so that's not an option either. GetMonero has some options. As much as I like CLI, I won't use it for a wallet. That leaves Cake Wallet or Feather (or web wallets, but I won't go there). Cake Wallet exists in Beta for Linux, which leaves Feather Wallet. I'll install this (in a VPN, of course) and recover my private key from Coinomi.
legendary
Activity: 1512
Merit: 4795
August 29, 2023, 04:18:22 PM
#13
but I don't think they support monero.
You are correct, Unstoppable wallet is not supporting monero.
legendary
Activity: 2212
Merit: 7064
Cashback 15%
August 29, 2023, 04:12:15 PM
#12
It looks like they've abandoned the project but left some existing servers running.
They are still a bit active in Coinomi Official Telegram, they posted about Coinomi web wallet, so they are still working on something, but I don't see much activity on twitter and other social media.

I wouldn't risk using them anymore when there is solid open source multicoin alternatives like Unstoppable.money wallet or Komodo wallet.
They even have swap exchanges integrated that works much better than in Coinomi wallet, but I don't think they support monero.

There is one more less known mobile wallet that supports Bitcoin with monero and other privacy coins, and it's called Stack wallet1.
Second one is called Cake wallet2, that is also open source, but use them both at your own risk:

1) https://stackwallet.com/
2) https://cakewallet.com/



legendary
Activity: 2730
Merit: 7065
Farewell, Leo. You will be missed!
August 29, 2023, 11:56:17 AM
#11
Your thread reminded me to check on my old Coinomi wallet which is still on my phone from back in the days when I sent some "aspiring" privacy coins to it thinking they might boom in the future. What an idiot. Grin Anyways, the app loads and syncs just fine. I thought it didn't because it was showing Bitcoin at $27.5k. I thought the wallet went nuts as I haven't checked the price today at all. Turns out there was decent pump today.

The choice of altcoin wallet would depend, you guessed it, on the altcoins you have. I doubt you own that many, so I think you will get by by installing official releases by those projects. I often need Tether, for example. My Ledger does the job for that, and if I need it when on the go then TronLink Pro has everything I need.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
August 29, 2023, 09:08:50 AM
#10
why don't you just use that hardware wallet?
I don't like hardware wallets:
for small amounts
legendary
Activity: 2856
Merit: 7410
Crypto Swap Exchange
August 29, 2023, 08:31:42 AM
#9
Their subreddit paints a similarly bleak picture: https://www.reddit.com/r/coinomi. Lots of posts of people being unable to spend coins, unable to sync, getting a variety of error messages, etc. The comment section for each of those posts is just filled with spam.

Similar thing happen on their play store (Android) if you sort it's review by newest date. Although Coinomi still have 4.5 stars and play store decide to show old review with 4-5 stars.

I would say it's a good result all round that the wallet has collapsed. A closed source wallet which sends seed phrases over the internet in plain text to Google has no right to continue to exist. I would suggest everyone uses their back ups to sweep their coins to a better wallet.
Any suggestions which multicoin wallet to use instead? One of the main reasons I'm still using Coinomi is because I have had it installed for years. I don't like installing new software (because every app can be a risk). But I guess it's time to move on.

I remember you mention you have hardware wallet. Default software which comes with hardware wallet usually support many altcoin. So if my memory is correct, why don't you just use that hardware wallet?
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
August 29, 2023, 07:21:44 AM
#8
You surely know better than to ask me that question.
Which is exactly the reason I asked you Wink

Quote
Moneroju for Monero.
You mean Monerujo. I already don't like the name but I'll look into it.



I've seen Unstoppable Wallet, but never tried it.
hero member
Activity: 2310
Merit: 757
Bitcoin = Financial freedom
August 29, 2023, 06:06:00 AM
#7
I would say it's a good result all round that the wallet has collapsed. A closed source wallet which sends seed phrases over the internet in plain text to Google has no right to continue to exist. I would suggest everyone uses their back ups to sweep their coins to a better wallet.
Any suggestions which multicoin wallet to use instead?

Have you considered Unstoppable Wallet? Which is open source multi-crypto available on both Android and IOS.

But I don't see monero in their supported coins list - https://www.cryptowisser.com/wallet/unstoppable-wallet/coins?page=1

If its especially for monero then consider these
Quote
1. Monerujo ( android wallet )
2. Cake wallet ( android wallet )
3. Mymonero (Android& PC )
legendary
Activity: 2268
Merit: 18509
August 29, 2023, 06:04:46 AM
#6
Any suggestions which multicoin wallet to use instead?
You surely know better than to ask me that question. Here's my solution: Electrum for Bitcoin and Monerujo for Monero. Sell all your shitcoins for one of these two. Tongue
sr. member
Activity: 406
Merit: 443
August 29, 2023, 06:03:16 AM
#5
Coinomi gained popularity after bitcoin hardforks. They presented themselves as a simple option where all you need is to fork out your wallet, withdraw bitcoin from private key, import it into the wallet and you will be able to get the hardforks, but their actions did not indicate that they will last. You need to trust them because you depend on their servers, they dont encrypt data to servers and yet they are WARNING - Coinomi Wallet CRITICAL Vulnerability Made Me Lose My Life Savings

With so many options and no interest in hardforks the project will turn out to be a dead project.

There is no one perfect wallet for all altcoins/multcoins. Use the NEW wallet for Ethereum and the Unstoppable wallet for other altcoins. You may need other options if you do not find supported coins in the Unstoppable wallet.
legendary
Activity: 1512
Merit: 4795
August 29, 2023, 06:02:34 AM
#4
Any suggestions which multicoin wallet to use instead? One of the main reasons I'm still using Coinomi is because I have had it installed for years. I don't like installing new software (because every app can be a risk). But I guess it's time to move on.
Use Unstoppable wallet, which is open source.

You are an expert already and you know what close source wallets are. If you need another alternative, use Trustwallet if the coins you are looking for is not on Unstoppable wallet.

Close source wallet are not recommendable.

Unstoppable wallet is open source and you can also use it with passphrase to extend your seed phrase. But one issue with it is the syncing issue which is obvious with bitcoin and litecoin on the wallet.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
August 29, 2023, 05:44:23 AM
#3
I would say it's a good result all round that the wallet has collapsed. A closed source wallet which sends seed phrases over the internet in plain text to Google has no right to continue to exist. I would suggest everyone uses their back ups to sweep their coins to a better wallet.
Any suggestions which multicoin wallet to use instead? One of the main reasons I'm still using Coinomi is because I have had it installed for years. I don't like installing new software (because every app can be a risk). But I guess it's time to move on.
legendary
Activity: 2268
Merit: 18509
August 29, 2023, 05:38:53 AM
#2
Their subreddit paints a similarly bleak picture: https://www.reddit.com/r/coinomi. Lots of posts of people being unable to spend coins, unable to sync, getting a variety of error messages, etc. The comment section for each of those posts is just filled with spam.

Also no activity on their Twitter accounts for over a year.

I would say it's a good result all round that the wallet has collapsed. A closed source wallet which sends seed phrases over the internet in plain text to Google has no right to continue to exist. I would suggest everyone uses their back ups to sweep their coins to a better wallet.
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
August 29, 2023, 04:41:20 AM
#1
I've been using Coinomi on mobile for years, for small amounts of different coins (amongst other things claiming Forkcoins). I know Coinomi is closed source, but for small amounts I don't mind.
Coinomi's last update in the Google Play Store was on March 19, 2022. Monero for instance has been broken since the network was upgraded a year ago. Coinomi never upgraded their support for the coin.
I can't find much about it online. The website still works, but their onion site doesn't.
It looks like they've abandoned the project but left some existing servers running.
Jump to: