Bitcoin + Ethereum wallet service platform

Bitcoin + Ethereum wallet service platform

Earlier this month,安东尼•迪•伊奥里奥, founder of bitcoin wallet service provider KryptoKit, announced the public beta of Jaxx, a unified platform that provides wallet services for both bitcoin and ethereum users.

The Jaxx wallet consists of a hierarchical deterministic Bitcoin wallet and an Ethereum lightweight wallet. The Kryptokit development team has released the Jaxx wallet service for Android, Apple iOS, Google Chrome extension, and Firefox Nightly. Next, the Kryptokit development team will release the Jaxx wallet service for Windows desktop, Apple desktop, Blackberry, and Linux.

Kryptokit has maintained a solid reputation with zero reported loss of user funds since its founding in 2013. Kryptokit has a significant responsibility to ensure the security of over 500,000 Bitcoin wallets installed on their browser extension and Rushwallet products.

The Jaxx wallet service for Android tablets, launched this week, features a single-page design, an intuitive and simple user experience, allowing Bitcoin and Ethereum users to easily transact in both digital currencies. The Jaxx Bitcoin + Ethereum wallet service for Android and iOS is coded primarily in JavaScript to improve the efficiency and ease of use of the app.

The Jaxx Bitcoin + Ethereum wallet is architected similarly to the mobile app development framework Apache Cordova. The Kryptokit team explained that a JavaScript application layer built on top of its Android and iOS apps will handle all wallet-side operations.

In order to keep different versions of the application consistent, the Jaxx wallet also uses an encryption library on the JavaScript side. More importantly, the Kryptokit team said that the code in this encryption library allows the wallet to rely on client-side security mode, and the locally hosted private key will never be sent to any other server, reducing the risk of key leakage.

Once the Kryptokit development team has completed the release of the Jaxx wallet service on all target platforms, they will begin integrating various software and technologies to optimize the user and transaction experience.

Iorio said that once the first phase of the development phase is completed, which is the infrastructure phase, the development team will move on to the second phase of integrating technologies such as ShapeShift’s instant digital currency trading API, which allows users to convert bitcoin and ethereum in both directions.

Iorio says:

Once the first phase (infrastructure) is complete, the second phase (integration of technology) will be easy to achieve. Our goal is to become the default wallet for Bitcoin and Ethereum users. We believe that Jaxx's single-page design-led UX (user experience), easy deployment of a unified code base, the ability to pair with dozens of devices, and a unique communication layer give us an advantage in attracting a wide range of users. I hope to start the technical integration phase in March this year, and ShapeShift is the first on our integration list.

ShapeShift CEO埃里克•沃里斯has said that it will provide advanced Ethereum features and improved contract support for Bitcoin. Therefore, the cooperation with ShapeShift will further enhance Jaxx's wallet service level, and users can trade directly from the wallet with minimal fees.

Currently, the market value of Ethereum exceeds $462 million and the price of Bitcoin remains stable. The Kryptokit team believes that under these conditions, the Jaxx wallet will be popular among Ethereum and other digital currency enthusiasts. According to the Kryptokit team, more than 2,000 users have downloaded the Jaxx Android and iOS apps.

Original article: https://bitcoinmagazine.com/articles/kryptokit-launches-jaxx-ethereum-bitcoin-wallet-for-android-tablets-1456340311
By Joseph Young
Translator: printemps
Editor: printemps
Source (translation): Babbitt Information (http://www.8btc.com/jaxx-ethereum-bitcoin-wallet)


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