The ethereum-based imtoken wallet also has frequent problems when making payments (TVB himself has frequent problems). At the end of last year, the CPU price of EOS exploded, causing the entire EOS payments to nearly collapse. Happy to answer any questions when I’m back in the office after the weekend.Also, it's a bit more complicated when using a blockchain wallet for payments. Until that time, please use Jaxx as a hot wallet for small amounts, and use hardware wallets for larger amounts. In the future users will be able to secure their Jaxx wallet with both Trezor, Ledger and our own hardware wallets.
#Backup ethereum wallet full#
We’re are creating for the masses a multi-platform, multi-coin interface for the blockchain ecosystem where users are in full control of their digital lives. Please please please, if you do not feel comfortable with our security model do not use our products. Never have funds been lost on any of our productions versions due to an issue on our end. Since 2013 over 750,000 Jaxx and (our former company) Kryptokit wallets have been created. The fact is there will always be tradeoffs between user experience, portability and security and we believe we’ve struck a great balance. We are very comfortable with this security model for hotwallets. Should someone get access to your device your lines of defence are a) on-board device features b) encrypted master seed c) Jaxx PIN.If activated this PIN will be required when sending, changing PIN, and when displaying the master seed. Jaxx offers a the option of a 4 digit PIN to further secure your wallet.We expect Users to maintain control of their devices, and we strongly encourage the use of on- device security (ie pin, fingerprint, retina, etc.) in order to secure your ENTIRE device.
#Backup ethereum wallet portable#
Jaxx allows for easy pairing across all devices (thus seed can not be encrypted by a secondary pin or password when pairing as it wouldn’t be portable / pairable without account / servers).Jaxx master backup seed is created, encrypted, stored client-side and never sent to any servers.For large amounts we recommend hardware wallets. As a hot wallet we believe we have found an appropriate balance between ease-of- use, portability, and security.Jaxx is a hot wallet suitable for small amounts (similar to your regular wallet in your pocket) that connects to the internet in order to push transactions and show balances.I’d like to take this opportunity to describe and explain the major points of Jaxx security model and how this model provides a strong balance between securing users assets, and providing the best user experience that allows for easy pairing across any device without the need for servers and user accounts. Nilang Vyas, CTO of Jaxx & Decentral here. Posting this on behalf of our CTO because of reddit posting rules. For a complete list of rules and an Ethereum getting started guide, click here.Exceptions may be made on a discretionary basis. Posts and comments must be made from an account at least 10 days old with a minimum of 20 comment karma.Please provide accurate translations where appropriate. No creating multiple accounts to get around Reddit rules.
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