Introduction to BRC20: Comparing Three Bitcoin Mnemonic Wallets
BRC20: Comparison of 3 Bitcoin Wallets
Compiled by: Mary Liu
“Not your keys, not your coins.” Crypto veterans are well familiar with this phrase. The rise of Ordinals has made people wonder which wallets to use to participate or store personal Ordinals (inscriptions), and this article will introduce three wallets suitable for BRC20.
First is the UniSat Wallet from Unisat.io. Website: https://unisat.io/, UniSat is one of the most popular ordinal wallets and one of the official wallets of the Ordinal Protocol. It is also open source and non-custodial.
It has some limitations. For example, when you want to use the official wallet, you need to run a full node in the Ordinals wallet, which can store NFTs, but cannot transfer them. On the other hand, the UniSat Wallet is a browser extension, which means it can be easily installed on the Chrome browser.
UniSat starts up very quickly, and users can operate it like any Bitcoin transaction. In other words, if necessary, NFTs can be sent, received, or stored, and another important feature is that UniSat can immediately recognize unconfirmed NFTs. This means that you can see the details of the inscription without waiting. In fact, this one feature alone makes UniSat one of the best choices here.
How do you get the wallet? First visit the unisat.io website, or download from the Chrome store. Remember, there are currently two very suspicious-looking apps in the Google Play store. Do not download any of them. The official extension is the extension from the website to the Chrome Web Store link.
The second is the XVerse Wallet, which appeared a day before the Ordinals wallet was launched, so technically it should be mature. Website: https://www.xverse.app/ordinals-wallet
The goal of this team is to provide the most advanced Bitcoin wallet, available as a Chrome extension and for Android and iOS mobile devices. It offers features such as buying, selling, and storing, as well as recording Ordinals. A good thing is that users don’t need to run nodes for XVerse, they just need Bitcoin to pay transaction fees. The wallet uses gamma NFT marketplace to mint inscriptions, but users may need to wait about 20 to 30 minutes to see the NFT.
With XVerse, it’s easy to mint your own Ordinals by uploading an image or text and sending the transaction to the ordinal address, it’s simple and fast. Users can buy and sell ordinals on Gamma and Magic Eden, as shown below.
In addition, the wallet offers fiat options to buy Bitcoin and pay transaction fees, and the XVerse Wallet is also a non-custodial wallet, meaning that assets in the wallet are the user’s responsibility.
Ordinals Wallet was launched on February 16th and is one of the earliest wallets to store and save Ordinals. In the first week, users created over 100,000 wallets.
In addition to transfer, send, and mint functions, the wallet also offers name services. It’s worth noting that this wallet can only store ordinals and Bitcoin.
The wallet’s interface is very simple, as shown in the figure, you can purchase BTC with fiat currency through Moon Blockingy, and the unique thing about this wallet is that its operation and development rely on community funding. Like the above two wallets, the Ordinals wallet is non-custodial and provides features such as multi-signature support, two-factor authentication, cold storage, and viewing transaction history.