Revealing the types of light wallets: a comprehensive evaluation of mainstream light wallets

We know that there are many types of wallets in terms of functions, such as: cold wallets, hardware wallets (Bit Shield), light wallets, centralized wallets, full node wallets, etc. If we classify wallets according to the degree of decentralization, they can be divided into full-node wallets, light wallets and centralized wallets. A light wallet relies on other full node wallets on the blockchain. It only synchronizes data related to itself, thereby achieving partial decentralization. The light wallet is very small and can be run on computers, mobile phones, web pages, etc. Many investors want to know what are the light wallets? Let the editor take stock of the mainstream light wallets for everyone.

What are the light wallets?

There are still many light wallets on the market. Below, the editor will introduce to you some of the more mainstream light wallets currently on the market.

1.Imtoken

Imtoken is a decentralized digital currency wallet established in March 2016. As of October 2018, it has more than 7 million users in more than 200 countries and regions around the world. Unlike other wallets, Imtoken is designed to protect user privacy and security. Imtoken's servers do not store users' sensitive information, such as keys and mnemonic phrases. These important data only exist on the user's own mobile phone and will not be uploaded to Imtoken's server simultaneously. This means users have complete control over their assets and are able to maintain the highest level of security. Due to its decentralized nature, Imtoken provides higher security and privacy protection. Users can use this wallet to manage their digital assets without worrying about personal information being leaked or attacked. Therefore, Imtoken has been widely recognized and used in the digital currency field. All in all, Imtoken is a safe and reliable digital currency wallet that provides users with extremely high

2.MetaMask

MetaMask is an easy-to-use Ethereum wallet plug-in that can directly used on the browser. It requires no download, just add an extension to your browser. The wallet is very lightweight and supports mainstream browsers such as Google, 360, Firefox, etc., and is very convenient to use.

3.HyperPay

HyperPay is a four-in-one digital asset wallet that innovatively integrates managed wallets, self-managed wallets, co-managed wallets, and hardware wallets. Adhering to the core concept of "security is the original intention and value-added is the mission", HyperPay is committed to integrating the personal finance field and the mainstream third-party platform payment field. Through continuous technological innovation, it builds a convenient and safe digital asset one-stop service platform for Global digital currency users and companies provide financial services such as asset custody, financial value-added, consumer payment, etc., and use one digital wallet to solve all cryptocurrency-related problems.

4.Coinbase

Coinbase is the largest digital currency wallet in the world. It is based in San Francisco but provides support for cryptocurrency asset storage in over 190 countries. It also supports trading in 32 different fiat currencies. This wallet has become popular especially due to the large number of cryptocurrencies that can be stored on its platform.

5.Kcash

Kcash digital currency wallet (hereinafter referred to as Kcash) is a wallet application that connects digital currency and the physical world. It aims to solve the inconvenience and exchange of multiple digital currencies for users. Problems such as complicated transaction process, poor value transmission, insufficient blockchain performance and insufficient application scenarios. Kcash has unique cross-chain and cross-contract technology, combined with its own high-performance public chain to provide a strong foundation for the digital currency field. Facilities to promote the application and development of digital currency.

6. Bitpie

Bitpie (bitpie.com) is a new generation blockchain asset comprehensive service platform developed by bither.net. It is based on HD wallet technology, Multi-signatures and on-chain transactions allow you to use digital currency easily and safely. You can easily send and receive Bitcoins on Bit Pie, and conduct various transactions conveniently.

7.Cobo

Cobo is committed to building a one-stop digital asset storage and management platform, aiming to provide users with a safe and reliable storage and payment environment. The company's current business modules include a digital asset wallet that supports Staking - "Cobo Wallet", a wallet development and digital asset custody solution for institutions - "Cobo Custody", and a military-grade security hardware digital wallet - "Cobo Vault".

8.TokenPocket

TokenPocket is a multi-chain digital wallet. Set a login password with one click to protect your user privacy. It supports fingerprint and facial recognition, making the operation more convenient and the data more secure. The private key is stored locally, and important data is physically isolated. After three-layer algorithm processing, sensitive information will never be leaked.

Cryptocurrency wallet is an indispensable part of our use of cryptocurrency. It is also the most basic part of the infrastructure of cryptocurrency, because digital currency wallets allow sending through the blockchain and receiving funds becomes possible. In addition, we need to know that each digital wallet has its own advantages and disadvantages, so it is very important for us to fully understand each wallet before transferring our funds. Only in this way can we make a better choice. .

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