Hive for Android
Hive is a standalone
wallet for Android, which requires no external server or account. It focuses on
usability, yet provides a range of advanced features, such as touch-to-pay via
NFC or reliable payments via Bluetooth. Hive Android is extensible through plugins.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.
