Bitcoin Wallet
Bitcoin Wallet is easy to use and reliable, while also
being secure and fast. Its vision is de-centralization and zero trust; no
central service is needed for Bitcoin-related operations. The app is a good
choice for non-technical people.Control over your money:-
This wallet gives you full control over your bitcoins.
This means no third party can freeze or lose your funds. You are however still
responsible for securing and backing up your wallet.
Decentralized:-
This wallet connects to the Bitcoin network. This means
very little trust in third parties is required when verifying payments.
However, it is not as secure as a full node like Bitcoin Core.
Good transparency:-
The developers of this wallet publish the source code
for the client. This means any developer in the world can audit the code.
However, you still need to trust developers of this wallet when installing or
updating the final software because it was not built deterministically like
Bitcoin Core.
Secure environment:-
This wallet is loaded on mobiles where apps are usually
isolated. This provides a good protection against malware, although mobiles are
usually easier to steal or lose. Encrypting your mobile and backing up your
wallet can reduce that risk.
Weak privacy:-
Allows spying on your payments:
This wallet makes it easy for anyone to spy on your
balance and payments because it reuses the same addresses.
Discloses limited information to peers:
Peers on the network can log your IP address and
associate your payments together when receiving or sending payment.
Tor not supported:
This wallet does not let you use Tor to prevent
attackers or Internet service providers from associating your payments with
your IP address
