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BANK - Bitcoin Wallet

BANK wallet is a secure and a fully decentralized crypto wallet app that supports major cryptocurrencies, like Bitcoin, Bitcoin Cash and Ethereum

BANK wallet is a secure and a fully decentralized crypto wallet app that supports major cryptocurrencies, like Bitcoin, Bitcoin Cash and Ethereum

BANK - Bitcoin Wallet

by Horizontal Systems
BANK - Bitcoin Wallet
BANK - Bitcoin Wallet
BANK - Bitcoin Wallet

What is it about?

BANK wallet is a secure and a fully decentralized crypto wallet app that supports major cryptocurrencies, like Bitcoin, Bitcoin Cash and Ethereum. The number of supported currencies being gradually added with every release.

BANK - Bitcoin Wallet

App Details

Version
0.4
Rating
NA
Size
44Mb
Genre
Finance Lifestyle
Last updated
April 19, 2019
Release date
January 9, 2019
More info

App Screenshots

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BANK - Bitcoin Wallet screenshot-6

App Store Description

BANK wallet is a secure and a fully decentralized crypto wallet app that supports major cryptocurrencies, like Bitcoin, Bitcoin Cash and Ethereum. The number of supported currencies being gradually added with every release.

This wallet provides a seamless way to get started with Bitcoin and other crypto currencies for masses. You don't need to understand the inner workings of cryptocurrencies to be able to use it.

It has been built using best practices from the design of the interface to the implementation of blockchain protocols.

INDEPENDENT & DECENTRALIZED

The BANK wallet is fully peer-to-peer and works without any centrally managed servers. The wallet connects directly to the currency networks i.e. Bitcoin without the need for intermediary. Only the user is in control of the money.

Most crypto wallet apps out there are centralized. The funds are stored on a remote server which is operated by the wallet provider. Due to the unregulated nature of the cryptocurrencies there are no mechanisms in place to guarantee that a wallet provider doesn't cheat or that provider's servers not get hacked.

Being a fully decentralized app the BANK wallet implements all of its functionality in a decentralized manner. Every single feature in the app is implemented in a decentralized manner substantially increasing the security and privacy aspects of the wallet. There are no centrally managed servers that can fail and as a result stop the app from functioning.

SECURE & OPEN SOURCE

The entire code of the BANK wallet is public and open-source, giving an option for anyone to analyze all of its code. It works exactly as shown in the code. It can't cheat!

The BANK wallet stores user's private keys and funds encrypted on a device itself using secure native storage mechanisms provided by iOS. Only the user can access and use his or her funds.

In case of a device loss or replacement the user may easily restore the wallet using a secret 12-word recovery phrase. In fact, with the help of these secret phrase the user may restore the wallet and access funds on any deterministic wallet (aka HD wallet) not just the BANK wallet app.

DISCLAIMER:

1. This Wallet is in its early days and just like any other software product it may have undiscovered issues which may potentially result in wallet having problems, like say the loss of access to specific transactions. While the wallet has been thoroughly tested over and over no one can say for sure that it's error-free. We believe it to be very secure, more than any crypto currency app out there.

2. DO NOT EVER install the BANK wallet on a jailbroken or tempered device due to substantial security risks. A jailbroken iOS cannot guarantee the securely of your private keys. This means that some malicious app running on jailbroken device can potentially access the private keys for your funds and steal them.

3. Source Code: https://github.com/horizontalsystems

Disclaimer:
AppAdvice does not own this application and only provides images and links contained in the iTunes Search API, to help our users find the best apps to download. If you are the developer of this app and would like your information removed, please send a request to [email protected] and your information will be removed.