Anandu Aman

The MyCelium wallet is one of the oldest and most popular Bitcoin wallets available. It was first released in 2013 as an Android app and was later ported to iOS as well. Interestingly, the team behind MyCelium formed in 2008, before Bitcoin had been created and released. At that time they were a group of hardware engineers interested in a mesh networking project. After Bitcoin was released, they naturally shifted their efforts to the Bitcoin ecosystem. Getting to Know MyCelium MyCelium , as a company, was created back in 2008 . It was conceived by a team of tech-savvy people who were mostly hardware engineers. The original purpose of the company was to develop a mesh networking project. After the release of Bitcoin back in 2009 , though, things changed: the company took a deep interest in the blockchain technology , and they immediately recognized Bitcoin as a promising concept. With time, they learned more and more about new technology

What is Electrum? Electrum is a desktop bitcoin wallet that is compatible with multiple operating platforms, such as Windows, Mac and Linux. It was developed by a German computer scientist and designed to be lightweight and efficient. Over the years, various developers have contributed to its source code, making it what many people believe to be one of the most trusted wallets available. Although there are more than 900 cryptocurrencies on the market today, Electrum’s sole focus is bitcoin in an attempt to ensure that the platform remains fast and efficient at all times. One of Electrum’s core features is its integration with the major hardware wallets, such as TREZOR, KeepKey and Ledger Nano S. This means you can integrate Electrum with any of these premium hardware wallets. Compatibility Windows, Mac and Linux. Android wallet was also launched in 2016 for mobile use. Electrum is compatible with the major bitcoin hardware wallets.

As the blockchain and digital asset ecosystem continues to blossom and produce revolutionary technologies that may potentially be the driving forces of the Fourth Industrial Revolution, newcomers to the space are considering what storage options are available for assets such as cryptocurrencies and crypto tokens. Since the launch of Bitcoin in January 2009, we have seen an evolution in the functionality and security of different wallet types that have been brought to market over the years. Below, you will find a brief overview that introduces the concept of a wallet for blockchain-based digital assets and, after this, we will dig a little bit deeper into different types of wallets such as web wallets, hardware wallets, mobile wallets, and desktop wallets. What Is a Wallet for Blockchain-Based Digital Assets? When you hear the term “wallet,” it might lead you to think about physical storage. For many of us, a wallet is simply a pocket-sized case that is typica