Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Wallets => Topic started by: cordablockchainx on November 09, 2023, 11:50:47 AM
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For anyone searching for a good ERC20 token wallet, this list is worth taking a closer look at. This comprises the most widely used bitcoin wallets in this particular market.
Numerous electronic wallets are available in the current digital finance sector for the storage of virtual money. The content provides links to some of the easiest digital wallets to use with coins:
1. Atomic wallet;
2. Metamask;
3. MyEtherWallet;
4. Trezor;
5. Trust Wallet.
Let's Look at each and every detail of them.
Atomic wallet
It is a cross-stage decentralized wallet that can uphold around 300 monetary forms. An exceptional benefit is the inherent moment exchanger with the chance of getting cashback. There are variants for both portable and PC gadgets. Specialized help answers rapidly. Curiously, the wallet has its own coin of a similar name - Nuclear Wallet Token; marking it carries extra benefit to the proprietor.
Metamask
A digital money wallet that gives admittance to all DeFi applications (like exchanging or NFT stages). An association with any dApps is laid out in no time flat. Specialists urge introducing the program variant, in light of the fact that the portable adaptation actually has an excessive number of deficiencies. The default network is Ethereum, yet there are a few others accessible to browse, exchanging between them at the moment. The ERC20 Metamask wallet is confined in Russian.
MyEtherWallet
The program wallet is planned explicitly for coins in light of the Ethereum blockchain. It is sought after because of the shortfall of compulsory establishment and straightforward activity.
This is a phenomenal decision for new brokers who fear committing an error by getting befuddled in a complicated connection point. The wallet upholds NFTs, decentralized applications and stablecoins. The confidential key isn't shipped off the ERC-20 organization, yet is put away on the client gadget. There is similarity with equipment wallets like Record and Trezor.
Trezor
An equipment wallet intended for cold capacity of assets. This actually intends that there is a compelling reason needed to keep it continually associated with the gadget. Until it is associated, aggressors can not get to the digital money.
It is feasible to complete secure exchanges regardless of whether the PC gadget is contaminated with an infection. Upholds around 1.5 thousand coins and is likewise viable with numerous hot wallets.
Trust Wallet
Wallet for cell phones with true help for the Binance digital currency trade , joining with the Binance DEX stage is accessible. The virtual wallet upholds participation with DeFi applications and marking of specific digital currencies.
It has its own program for working with decentralized applications. For this situation, all keys are put away on the client's gadget. As on account of Nuclear wallet, the wallet can offer the client a local badge of a similar name.
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I see it's been a while since this topic was discussed, but I'm curious—have things changed for anyone since then? With new trends and updates, maybe there are fresh perspectives or lessons learned. Have any of you found new strategies that work better, or maybe faced unexpected challenges? Would love to hear if anyone has an update or a different view on this now.
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Finding solid opportunities takes time and research. I always check user feedback and community discussions before making a decision. Scams are everywhere, so staying cautious is the best approach.
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- Currently, when I use a desktop or laptop, I use metamask and electrum wallets, but when I use a cellphone, I use trustwallet, and I think I've been using trust wallet for more than 1 year, and also phantom wallet on mobile and desktop via chrome extension.
As for the non-custodial wallets that I mentioned, I haven't had any problems with them so far, and I also have some crypto assets hidden in case
the value increases in the near future.
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6. Konkret Wallet
Community-driven fork of MetaMask with focus on privacy, security and user control. Cuts it down to the essentials while removing all tracking and bloat, minimizing the amount of metadata your wallet broadcasts to third parties. MM centralized proprietary features like Swaps and Portfolio are removed while Konkret Wallet is smoother to use with your own node.
The project is currently looking for contributors and feedback!
Source code and build instructions are on Codeberg (https://codeberg.org/konkret/konkret-wallet).
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Does anyone notice this thread created in late 2023 and bumped just recently?
Let's Look at each and every detail of them.
Atomic wallet
It is a cross-stage decentralized wallet that can uphold around 300 monetary forms.
Despite their claim, their wallet can't be considered as decentralized when it connect to their centralized server in order to get your TX history.,
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Does anyone notice this thread created in late 2023 and bumped just recently?
Let's Look at each and every detail of them.
Atomic wallet
It is a cross-stage decentralized wallet that can uphold around 300 monetary forms.
Despite their claim, their wallet can't be considered as decentralized when it connect to their centralized server in order to get your TX history.,
Same can be said for MetaMask and Trust Wallet. Konkret was motivated to a large part from the lack of privacy options in the Ethereum web wallet space. Do you know of any other actually reasonable ones? Last I used Trezor Suite it was also sending your addresses to their servers in default configuration but can at least be configured to behave privately if you set it up with your own node and BlockBook (https://github.com/trezor/blockbook) server. Best do that before you connect it with your sensitive accounts. I used to be a Trezor fan but sadly lately see them pushing towards an always-online model where the wallet loads trusted code from Trezor servers in order to connect. Which is not to say that the competition is much or even better. Does a no-nonsense hardware wallet with no default integration with online internet services even exist in 2025?
Been a while since I used MEW but I believe they rely on sending your address to at least Etherscan and have enough analytics and tracking on the app by now that I can't bother checking the current state. If you do use MEW it''s really best to build it from source (https://github.com/MyEtherWallet/MyEtherWallet?tab=readme-ov-file#getting-started) yourself and run it from your local machine. Then at least you know what version you're using. If you can't build yourself then at least download a release (https://github.com/MyEtherWallet/MyEtherWallet/releases) to run locally. It's really the only safe way to use these web wallets.
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Same can be said for MetaMask and Trust Wallet. Konkret was motivated to a large part from the lack of privacy options in the Ethereum web wallet space. Do you know of any other actually reasonable ones? Last I used Trezor Suite it was also sending your addresses to their servers in default configuration but can at least be configured to behave privately if you set it up with your own node and BlockBook (https://github.com/trezor/blockbook) server.
I don't really do research about this matter, although i recall few ETH wallet (such as Metamask and Frame) supposed to let you choose backend/server (used to get TX history).
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--snip--
Same can be said for MetaMask and Trust Wallet. Konkret was motivated to a large part from the lack of privacy options in the Ethereum web wallet space. Do you know of any other actually reasonable ones? Last I used Trezor Suite it was also sending your addresses to their servers in default configuration but can at least be configured to behave privately if you set it up with your own node and BlockBook (https://github.com/trezor/blockbook) server.
I don't really do research about this matter, although i recall few ETH wallet (such as Metamask and Frame) supposed to let you choose backend/server (used to get TX history).
Lets you configure an endpoint to use for RPC requests, yes. Even if you configure one, your addresses are still sent to their servers in the background anyway.
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--snip--
I don't really do research about this matter, although i recall few ETH wallet (such as Metamask and Frame) supposed to let you choose backend/server (used to get TX history).
Lets you configure an endpoint to use for RPC requests, yes. Even if you configure one, your addresses are still sent to their servers in the background anyway.
That's true, it's limited to control who could collect our data. Although if you can afford to run ETH full node along with it's server (in order to communicate with your wallet), you get much better privacy.