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Proton releases a self-custody bitcoin wallet | Proton Wallet is open source and has been audited by a third-party firm, the company said (techcrunch.com)

submitted 4 months ago by ForgottenFlux@lemmy.world to c/technology@lemmy.world

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Proton isn’t reinventing the wheel with this crypto wallet. But it’s another solid option for people looking to create a crypto wallet for the first time. However, cryptocurrencies tend to be a polarizing topic, so let’s see if Proton Wallet doesn’t hurt Proton’s brand image in the future.

More information: Proton Blog Article

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[–] priapus@sh.itjust.works 29 points 4 months ago* (last edited 4 months ago) (1 children)

I really didn't see anyone asking for this, hopefully it didn't take too many resources to create. Even though I don't understand it being made I'll probably still switch to it, because Exodus feels like it's getting more and more bloated and annoying to use.

edit: I just realized this wallet only seems to support bitcoin? Why on earth would they do that? Most people holding a significant amount of Bitcoin are storing it in a hardware wallet and rarely transferring it. It sucks to use for actual transactions.

[–] Dremor@lemmy.world 21 points 4 months ago (1 children)

Minimal Viable Product. They shiped it with only one coin to avoid having to spend too much time on implementing every possible coin protocol. But they says that they will add more of them in the future, and, maybe, even fiat currencies.

[–] Manalith@midwest.social 9 points 4 months ago (2 children)

I would prefer a privacy conscious alternative to Google Wallet first, then add the crypto stuff, but that's just me

[–] AProfessional@lemmy.world 3 points 4 months ago (1 children)

What does a privacy conscious version even look like?

Some things simply aren’t legal anymore like buying crypto without identification.

[–] sugar_in_your_tea@sh.itjust.works 2 points 4 months ago

You can still do it, it's just more annoying.

[–] Dremor@lemmy.world 1 points 3 months ago

Problem is, as they said in their bloc post, that to handle real money they have to get the required authorisation from the Swiss bank authority.