Bitamp – The Brand-New Open-Source Bitcoin Wallet

As Bitcoin prices are spiking, more and more people are flocking to the world of cryptocurrency. Naturally, whenever money is involved, the question of safe storage is raised. Enter Bitamp – a new Bitcoin wallet that has been getting its fair share of time in the spotlight.

Bitamp Emphasizes Security and Privacy

Bitamp is an open-source Bitcoin wallet, which raises some questions. Open-source products are open to public access and benefit from the users themselves. In other words, unlike closed-source products, open-source apps rely on users for improvement. Of course, this brings security and privacy into question.

The open-source nature of an app doesn’t necessarily mean that it’s less safe than a closed-source alternative. As long as the app is client-side, you’re just as safe. That’s exactly what Bitamp is about – it’s a client-side open-source Bitcoin wallet.

bit

Like all other major crypto wallets, Bitamp’s interface brings the 12-word seed phrase option to the table, allowing the user to create a wallet instantaneously. Whether you’re using Ledger, Electrum, Mycelium, or other major platforms, you can use Bitamp to securely and anonymously access your Bitcoin.

Just like Bitcoin, Bitamp’s roots are open-source. This is a free wallet, funded by donations. It’s also released under an MIT license.

bit

We’re talking about a client-side wallet here, which means that Bitamp performs operations locally, within the user’s browser, using JavaScript (JS). The client’s seed phrases and private keys aren’t stored, transmitted, or saved, which gives the user complete control over their funds.

Thanks to its open-source, client-side nature, Bitamp is secure, transparent, and gives the user all the privacy they need.

It’s Not Just a Wallet

At its core, Bitamp is a Bitcoin wallet. It has a wallet interface and functions on the same principle as many other popular crypto wallets. But for someone who’s just getting into the crypto world, the whole environment can be so confusing, they might drop the entire idea of using blockchain ever again, let alone Bitcoin.

bit

This is a clear and present downside of most mainstream wallets – Bitcoin wallet login is just the first step – after that, things only get more confusing for the newbie.

This is where Bitamp stands out. In addition to being mostly a wallet interface, the app itself features basic primers on a variety of topics. These basic introductory topics can help the novice user slowly and gradually get introduced with the world of cryptocurrency and blockchain. These topics include the likes of “Buy Bitcoin,” “Bitcoin Mining,” “Crypto Exchanges,” etc.

Support

Security and privacy might be two primary concerns with any finance storage option, but support also plays an essential role. At the end of the day, when a client has used up all the available DIY solutions, they will rely on a support official to help them get on the right track.

bit

Although we’re discussing an open-source product, Bitamp has a team supporting users facing Bitamp-related challenges. The company isn’t faceless either – they will respond to community bug reports and feedback and provide roadmap development plans for the future.

Ease of Use

Bitamp is a young wallet that has just entered the game. It employs all the fresh principles that other wallets have improved on for a long time. This has enabled the developers to create an easy-to-use, approachable environment for a novice user.

bit

Unlike some other similar products, Bitamp allows you to use as many wallets as you want, without having to provide any sort of personal information to do so. It doesn’t prevent you from using a TOR or a VPN network to anonymously access your funds. All operations occur locally, within the user’s browser. This makes using Bitamp very simple, while still retaining enhanced anonymity and security features.

Pending Improvements

Bitamp has been built on the foundation of other older Bitcoin wallets. Since this product is still a relatively young wallet that brings all the necessary Bitcoin wallet functionalities to the table, time will tell what improvements and branch-outs we have yet to see from Bitamp. The wallet is available in English, Italian, Portuguese, Russian, German, Spanish, French, Chinese, Japanese, and Korean for now.

The post Bitamp – The Brand-New Open-Source Bitcoin Wallet appeared first on Sunshine Slate.



source https://www.sunshineslate.com/tech/bitamp-the-brand-new-open-source-bitcoin-wallet/

Comments

Post a Comment

Popular posts from this blog

Garden Offices | The Ultimate Work from Home Solution for 2021

Image
The Pros and Cons of Working from Home Working from home was not so long ago considered a perk of the job, however, the much-longed-for 30-second commute, for many of us, has finally become a realisation. Prior to the global pandemic, we would have spent 492 days of our lives commuting to and from work and inevitably, Covid-19 has brought about a catalyst of change. Businesses are now seeing the benefits of reducing costs by giving up office spaces, and with commuting now significantly reduced, one of the biggest winners out of this situation is the environment. With this in mind, there’s no doubt that the “new normal” of home working is, quite clearly, here to stay. The general consensus is that working from home is wholly positive and can provide a better work-life balance. Whilst this is true, there is evidence to suggest that this can be quite the opposite, with staff working later than usual as they battle to “switch-off” when their working day is over. So, what’s the solutio...
Read more

7 Reasons Why You Should Upgrade Your Roof Gutters

Image
The rainy season is already here and along with a hot cup of tea and sizzling yummy snacks in your dish, you should also plan to upgrade your rain roof gutters. Unlike earlier, the task is easy, you can take the help of gutter installation services or gutter repair services in your locality or many such services are available online also. You should have been upgrading your Rain Roof gutters before the arrival of monsoon so as to enjoy the rains without worry. If you think that you don’t need any gutter repair services, let us give you the 7 reasons that prove you wrong. Why Do You Need a Gutter system? According to leading siding and windows contractors in USA, if you want gutter systems? So that it will help lessen water and dampness damage to our homes. But why? Won’t that water just move off my roof structure? Problem solved, correct? Wrong — that’s part associated with the problem: Modern homes are created to preserve or “trap” vitality. That’s good. Although, in the method,...
Read more

Magical And Unforgettable 1st Anniversary Gift Ideas

Image
Life is too short to be happy and too long, to be sad. In all these difficulties and hurricanes, we try to steal some happy moments. There are some special dates in our life, which forces us to be happy. And the memory of those happy days, make us smile in every difficult situation. Today, we are talking about one of the most important days of our life. We are talking about the anniversary, and its 1 st anniversary. You know, 1 st thing is always special for us. So today, I will give you some ideas for the 1 st -anniversary gift. You both will cherish the memory of the 1 st -anniversary gift your whole life. And you know, these gifts you can order online, and also get from the nearby markets. Anniversary bouquet I know, you must be thinking, what’s new in it. Everyone gives bouquets, and how can we cherish it? So don’t take too much stress, and read carefully. Bloomsvilla has a mesmerizing collection of anniversary bouquets. So order your better half favorite flower bouquet. I mea...
Read more