Best Open-Source Cryptocurrency Cold Wallets

Best Open-Source Cryptocurrency Cold Wallets

We buy and use wallets to carry cash safely. Just like that we also need cryptocurrency wallets to keep private and public keys, transactions and all the data safe.

Cryptocurrency cold wallets are more secure than any other wallet as they don’t need Internet to operate. And when there is no Internet it becomes very difficult to hack in to cold wallets.

There are lots of cryptocurrency wallets but there aren’t many open-source cryptocurrency wallets. In open-source cryptocurrency wallets, one can easily manipulate the code to change the functionality of the wallet accordingly, to make it more secure or easier to use than before.

So, today, in this article, we will be talking about some of the best open-source cryptocurrency wallets so that you can execute changes and add some more functionality to it.

1. Etherwall

Etherwall cold wallet

It is the first Ethereum desktop wallet that is an open-source software wallet released under GPLv3.

There are two modes in Etherwall that are full node client mode and thin client mode. In full node, all of the user data is stored on the system from where it can be retrieved. For this user needs to download approx. 30GB+ Ethereum Blockchain tech. Whereas, in thin mode, only account data is store on system, and a remote Ethereum node is used for transactions.

It supports Trezor One hardware wallet as well for storing keys. Etherwall is available for Windows, Mac OS X and Linux Operating systems.

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2. Armory

Armory crypto wallet

Well, as claimed by the developers, Armory is the only open-source wallet with cold storage and multi-signature support.

It is an offline Bitcoin wallet and a cold storage wallet with distributed multi-signature feature that is available for free. By using distributed multi-signature, you can set up several keys and signatures, which will make it more difficult for the hacker to decode it. This wallet was designed for developers so that it can be manipulated as per their requirements. Armory also allows platform for creating Bitcoin wallet.

Armory is available for Windows, Mac OS X, Linux, and Ubuntu operating systems.

3. Copay

copay wallet

This is also an open-source cryptocurrency wallet, which allows to set up multiple signatures. It has a unique feature that is it allows you to share wallet with friends and family or whom so ever you may trust. Multiple users can set up their digital signature for operating the wallet. Not only this, it also provides you with multiple wallets under one roof, means you can have access to all your wallets from one single platform and that too in the most secure way. It follows full Bitcoin Payment Protocol (BIP 0070-0073) for the secure payment verification.

Copay is available for Android, iOS, Mac OS X, Windows and Linux operating systems.

4. Electrum

Electrum wallet

This is also an open-source Bitcoin wallet released under the MIT License. Electrum has several features that is not available in many other Bitcoin wallets. In this, funds can be recovered back from a secret phase. It is faster as well as it uses servers that index Bitcoin blockchain and are decentralized & redundant so that the wallet never slows down.

Electrum also supports third-party add-ons like multi signature service, hardware wallets such a Trezor One and many more.

It is available for Linux, Windows, Mac OS X, and Android.

So, this was all folks! These are some of the best open-source cryptocurrency wallets that can be used by developers to manipulate the functionality of the wallet accordingly. Make sure that every transaction make is safe and secure.

If you found this helpful, please let us know. You can also drop your feedback in the comment section below.

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Anuj is a content writer for Systweak and being from an engineering background, likes to get more in-depth with technology and gadgets. He likes playing video games and reading in his free time.

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1 thought on “Best Open-Source Cryptocurrency Cold Wallets”

    fordonswebben July 20, 2018 at 1:20 am Thank you for this post. Its very inspiring.
    Reply

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