Crypto Wallets from Old Phones
|Slavomír Kaňuk|source|2352x
Font size:-/+

Crypto Wallets from Old Phones

The company has recently announced the beta version that will enable users to store assets, vote for public governance proposals and sign transactions offline, with integrations for the Polkadot and the Ethereum blockchains.

Offline wallets provide the simplest form of protection from hacker attacks. The company suggests to keep the smartphones running the app in airplane mode. “To keep your funds safe, the phone containing your account should never be connected to the internet or even be connected to a device that is connected to the internet (such as a computer),” the company said. Before downloading the app, users should also delete their biometric and identifying information from their phone.

The new version allows users to create Kusama accounts to connect with Polkadot-js apps. For all accounts, users will receive a recovery password and choose a PIN to sign transactions.

Parity Technologies develops tools for the decentralized web, including Substrate, a service that enables users to create customized blockchains for decentralized applications. In January, Parity was awarded a 5-million-dollar grant from the Ethereum Foundation.

Comments

You must be logged in to add a comment.

DOLLERO NEWS

Where will PayPal push Bitcoin and cryptocurrencies?

One of the world's largest online payment companies has announced forthcoming support for cryptocurrencies, which has been talked about for a long time. How will the entry of this company affect cryptocurrencies?

Show all news