![]() But instead of arguing with me, why don’t you write your own article? 7. We can debate all day about which developer has brought more significant contributions than the other. And even though this is about the developers, you may also regard their wallets as worthy contenders for a dedicated software-centered top 7.Īlso, note that the order does not necessarily reflect the importance. It’s mostly a celebration of ingenuity and the ability to find ways to deliver useful features and an intuitive user experience. This top 7 highlights remarkable achievements that were made in the year of 2020 with mobile and desktop Bitcoin wallets. In other cases, it’s about special features such as CoinJoins and onboarding the Lightning Network. Most of the times it’s just about ease of use and the ability to help new bitcoiners adapt to the interface and understand otherwise complicated concepts such as UTXOs and connecting to a full node. Yes, they do borrow the basic functionality from the reference client, but they simultaneously manage to offer something unique. Yet in recent years, Bitcoin wallets have become much more than clones of the qt/Core client. ![]() Thanks to Bitcoin wallets, we are able to make censorship-resistant payments, back up funds in a way that’s easy to remember and write down, and boost our privacy by generating new addresses for separate payments. And even if you electronic device breaks, you’re still fine as long as you have your keys written somewhere safe. Therefore, it’s fine to lose the physical device which stores the wallet (computer/phone hard drive) as long as you keep your offline backup. And unlike their tangible real-world counterpart, they don’t actually hold money inside. In a nutshell, they are the interface which helps us interact with the Bitcoin blockchain. Bitcoin wallets are an essential part of financial sovereignty.
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