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Proton Wallet is a recent released Bitcoin-only wallet with an really, really good UX. Their infrastructure is solid and the team have great plans for it.
Receiving Onchain Bitcoin over e-mail scheme is pretty cool! Imagine needing to receive a transaction, but not having your smartphone or other device with you.
A great review call about it:
If they hadn't connected the wallet to your email, I guess it would be one of the best self custodial wallets out there. Everything they made is just perfect
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Yeah I see that as a main issue too. Or maybe is not? I am not sure, technically, how the emails are encrypted and how they can be linked to the wallet.
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It goes against the principle of anonymity in Bitcoin transactions—oops, it's pseudo anonymity because we can view the transactions. Email is literally our public password, and if bad actors find out that we use Bitcoin, the amount of cracking attempts and phishing will increase significantly. I don't think it's safe at all; if your accounts get compromised in any way (cookie session hijacking is the biggest threat I know of), they would definitely gain access to all the linked services as well as the wallet.
I understand your point about how convenient it is, but still, a little inconvenience is better than losing a lot. When people received invites for the wallet, we could see the emails of both parties, which itself was a major issue. When you receive Bitcoin via email, you could see the sender's email too. Now, if either party's account gets compromised, the other party is automatically at risk.
When I gave an invite to someone, they tipped me Bitcoins via email and asked me to delete all the messages containing their email address. I did it, but the person wasn't happy with what Proton did, and I guess they wouldn't use Proton Wallet ever again.
I gave Proton feedback that, instead of email, they should provide us with a pseudonymous address like we get in Lightning, but they said they'll look into it.
The wallet is still early, maybe they'll change the concept.
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15 sats \ 1 reply \ @Design_r 2 Mar
Don't get me wrong, I know it is not a good thing to have a wallet associated with an email, especially if is an email one use. Either case, I still not trust such service, maybe because I know better ways to store my corn, there's no need for me to have someone else generating my seed. I tested, but I don't think i'll never use it.
When I gave an invite to someone, they tipped me Bitcoins via email and asked me to delete all the messages containing their email address.
Did not know this was eve possible 🤣 and probably delete the message does not even make sense, wallet/email association is exposed at the moment you use such service. Again, not something I'll use personally
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Yeah, they probably misunderstood the concept. I deleted everything as they requested, but their email is still in my transaction history, which is impossible to delete. I assured him I won't leak his personal details ever. 🤣
Don't get me wrong, I know it is not a good thing to have a wallet associated with an email, especially if is an email one use. Either case, I still not trust such service, maybe because I know better ways to store my corn, there's no need for me to have someone else generating my seed. I tested, but I don't think i'll never use it.
Very nice way of thinking! It's a good start wallet for early learners like me, but not for bitcoiners who know where and how to store their corn very well. Thanks
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Lovely picture. Bitcoin with nine digits sats and 254 sats for 820 bucks. I mean is this a prophecy?
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Cool I'm a Proton Affiliate. I just signed up for the wallet too.
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0 sats \ 1 reply \ @MANI 2 Mar
Been looking for an almost perfect Bitcoin wallet for some time now, gonna check it out. Thanks for sharing
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I f you want to find the "perfect" wallet for your need, I suggest exploring the options https://bitcoin.org/en/choose-your-wallet provides
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Thanks for sharing the note. the original article is also posted here #892997
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