Contact Information

Theodore Lowe, Ap #867-859
Sit Rd, Azusa New York

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About Alpha Wallet

AlphaWallet is a white-label, production-ready wallet that you can easily customise for your business. You can leverage blockchain and tokenization faster and launch your MVP in half the time and costs of other solutions. Open-source, market-ready Ethereum wallet to support your business. You can adapt it to any business model. Use it for both commercial and non-commercial purposes. Secure, vendor-independent wallet available for Android and iOS.

To fork and begin customising, visit repositories. Free for commercial and non-commercial use under MIT license. Wallet core with fully-featured UI to save time and money. It is a ready-to-use white label solution that can be easily branded to your project specifications. High-tech hardware hardware-level security. Secure Enclave is the world’s first mobile Ethereum wallet that uses Secure Enclave. This gives you cold wallet-level security.

Your tokens can be upgraded to be secure, feature-rich and portable. TokenScript gives your users a native-feeling mobile experience. AlphaWallet is the only self-custodial wallet, that’s 100% open source. Production Ready, simply customize for your tokens and launch your MVP in 1/5 of the time. Built by web3 engineers, for the community.

Have a project in mind?

They want to hear from you. Bootstrap your custom solution with the ready-to-market, white-label wallet. Or co-create with our expert team to tokenise your business model, at a fraction of the time and cost.

Multi-account support

AlphaWallet only allows import by private key or keystore which means it ignores derivation path altogether. Switching accounts is very easy, one needs to open the settings and go to My Wallets where they’re all listed and easily clickable.

The transactions and balance are then shown on individual wallet screens, with no common screen for all.

It should be noted that Alpha Wallet does not secure wallets at all – it does not encrypt the keystore with a password. There is no way to add a password or a fingerprint.

AlphaWallet does not properly inject Web3 so many dapps do not recognize it, but when they do, the identity is immediately switched on wallet switch.

This application also has a pretty serious privacy leak in that it does not clear browser cache when you change identity, meaning your previous visits can be logged and your various identities linked.

Security and Safety

There is no KYC and the app is made for both Android and iOS which increases its reach. It’s open source so a user is able to inspect how the app treats their keys and whether they are sent anywhere. As such, the user owns their keys and they stay on the device.

The real problem is that AlphaWallet does not allow for even password based security, let alone hardware or biometric. A once set up instance of will remain open to anyone accessing the device, and there is no way to secure it. This alone is a deal breaker for many.

Conclusion

AlphaWallet seems like someone’s hobby project that was never supposed to make it to production. It’s lacking some essential security features and despite it being open source I would not feel safe using it. It relies on central points of failure and offers nothing others don’t already offer.

They cannot recommend AlphaWallet at this time, but will be keeping an eye on it. The special bulk-sending and attestation features do make it stand out, but it feels like a person standing up in a room of sitters, only that person is naked. Put some clothes on first, man.

Tips for securely storing your AlphaWallet

  • Do your own research. Before sending any coins or private data to a wallet, make sure you have researched the wallet provider to make sure everything is above board. Keep an eye out for scam wallets, such as those using URLs only slightly different to the URLs of legitimate wallet providers, and check out some independent reviews for all the pros and cons.
  • Back it up. Make use of your wallet’s back-up and restore facility so that if something ever goes wrong with your wallet, you’ll be able to recover your funds.
  • Set a strong password. Now is not the time to be lazy when creating a password; take your time to create a strong and uncrackable code.
  • Make use of all available security features. Make the most of all the security features your wallet offers, such as two-factor authentication or multi-signature transactions. It’ll offer increased protection for your funds and greater peace of mind for you.
  • Update your antivirus software. Take care to regularly update the antivirus protection and anti-malware software on any device you will be using to access your wallet.
  • Keep your private keys private. Last but not least, don’t underestimate the importance of your private keys. Store them somewhere safe and don’t share them with anyone else.

editor

One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies. Verna Is team Members of 9 People

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