Cryptocurrency is more and more used in everyday life. The choice of a reliable wallet is the key to safe operations and protection of savings.
Cryptocurrency wallets store public and private keys for cryptocurrency operations. Public keys are addresses of a wallet that are used for sending and receiving of coins. With the help of private keys users confirm operations on the blockchain
Different wallets for cryptocurrency transactions are available to EMC owners. Each of them is suitable for certain purposes: monitoring of transaction, transfer of funds, storage of coins and providing the highest level of security.
Emercoin Basic mobile wallet This wallet is available only for iOS users. It is a simple app with a user-friendly interface. Its main features are fast monitoring of balance and coins movement on a remote wallet (e.g. on the wallet installed on your server). Emercoin Basic will be useful for uses of Emercoin services. For example, if you use EmerDPO, then your site continuously spends coins to record information about registered goods in the blockchain. You need to monitor the remaining balance so that the service could operate smoothly. The wallet connects directly to the client’s server and instantly provides information about cryptocurrency. Emercoin One (Е1) Emercoin One is an app for users that value ease of use. You can use the same account on different devices, including mobile devices on iOS/Android as well as web-wallet. Е1 is a centralized mini-bank of EMC cryptocurrency on your mobile devices and with access through a web-site. Its infrastructure is a reasonably large system aimed at ensuring users safety. It is built in such a way that even when ALL Emercoin One servers are hacked, hackers can’t gain access to the coins.
Emercoin Secure Wallet (EmcSec)
Emercoin Secure Wallet is premier choice among users who are ready to sacrifice ease of use for the highest level of privacy. The wallet can be used on the vast majority of modern devices. You can download it for Windows/Linux/MacOS as well as for iOS and Android.
The app sends a request to the open-source Electrum servers. You can use standard (default) servers that are supported by our company, or you can deploy your own server (e.g., Digital Ocean, for $ 5/month). In the latter case, the wallet will only work with it and will not access Emercoin servers.
Emercoin Secure Wallet stores keys not on the server, but on the device. them on the device. Private keys are not copied to the server and it doesn’t know how many coins the client has and make operations to them.
All transmitted data is public, thus anyone can see it. They are stored in the blockchain “as it is”. As the data is public, there is no need to use a secure data transfer protocol (e.g. https).
Transactions of coins are created and signed on the EmcSec device; not on the server. A signed transaction (which is always a public transaction) goes to the blockchain through the server “as it is,” without additional modifications. Unlike E1, coins in EmcSec are not controlled by a remote server but by the device. It provides additional proof of security.
Ease of use is the price of the high security. If E1 sends one request to the server and instantly receives one structured response, EmcSec can send up to hundreds (or even thousands) of requests to get one answer. The process takes some time and depends on the number of transaction in the wallet.
EMC owners can use any of the abovementioned wallets and be confident about the safety of savings. Emercoin Basic is designed for owners of services; Emercoin One and Emercoin Secure Wallet are good everyday tasks. The products are supported and developed by Aspanta Limited.