Early layout of BRC20, comparing three Bitcoin mnemonic wallets

BRC20's initial design, comparing 3 Bitcoin wallets that use mnemonics.

Source: Coinmonks

Translation: BlockingBitpushNews Mary Liu


“Not your private key, not your coin” – this phrase is familiar to many cryptocurrency veterans. The rise of Ordinals has people wondering which wallet to use to participate in or store their Ordinals (inscriptions). This article will introduce three wallets that are suitable for BRC20.

UniSat Wallet

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 easily be installed on the Chrome browser.

The UniSat launches quickly, and users can operate it just like handling any Bitcoin transaction. In other words, if needed, 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 inscriptions without waiting. In fact, just this feature alone makes UniSat one of the best choices here.

How do you get the wallet? First, visit the unisat.io website, or download it from the Chrome store. Please note that there are two apps in the Google Play store that look very suspicious. Do not download either of them. The official extension is the extension from the website to the Chrome Web Store link.

XVerse Wallet

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, which can be offered as a Chrome extension, suitable for Android and iOS mobile devices.

It provides features including buying, selling, storing, and of course, recording Ordinals. One good thing is that for XVerse, users do not need to run nodes, they just need Bitcoin to pay the transaction fee. The wallet uses gamma NFT market 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. Simply upload an image or text, and then send the transaction to the serial number address, it’s simple and quick. Users can buy and sell serial numbers on Gamma and Magic Eden, as shown below.

In addition, the wallet provides fiat options for purchasing Bitcoin and paying transaction fees. XVerse Wallet is also a non-custodial wallet, which means that the assets in the wallet are the responsibility of the individual.

Ordinals Wallet

Ordinals Wallet was launched on February 16th and is one of the earliest wallets that can store and save Ordinals. In the first week, users created over 100,000 wallets.

Website: https://ordinalswallet.com/

In addition to transfer, send, and minting functions, the wallet also provides name services. It is worth noting that this wallet can only store serial numbers and Bitcoin.

The interface of the wallet is very simple and clear, as shown in the figure, you can buy BTC with fiat currency through Moon Blockingy. The unique thing about this wallet is that its operation and development rely on community support. Like the above two wallets, Ordinals Wallet is non-custodial and provides functions such as multi-signature support, two-factor authentication, cold storage, and viewing transaction history.


For more information, please join:

Blocking Twitter: https://twitter.com/BitpushNewsCN

Blocking TG Communication Group: https://t.me/BitPushCommunity

Blocking TG Subscription: https://t.me/bitpush

This article is from Blocking: https://www.bitpush.news/articles/4548280, please indicate the source when reprinting

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Market

GBTC’s Discount Shrinks as Spot Bitcoin ETFs Close In on Approval

Breaking Fashion Update Bitcoin Trust Discount Hits Record Low of Only 16% Below Net Asset Value

Blockchain

Wu Jihan's latest speech: Analysis of the market, space and time factors affecting the marketability of Bitcoin

This article is intended to convey more market information and does not constitute any investment advice. The content...

Market

A simple understanding of the birth of Bitcoin and the road to legend

In November 2008, at a cryptography forum on the Internet, a "mysterious character" who claimed to be Satos...

Blockchain

The hardship, persistence and hope of the blockchain

First, where are we from? Bitcoin appears (January 2009) Bitcoin was launched in January 2009 and was originally limi...

Blockchain

Prediction | Data show that the probability of BTC breaking 10,000 by June is only 16%

As Bitcoin continues to fluctuate significantly, people also tend to look for more reliable "value discovery&quo...

Market

$14,000 sold BTC Novogratz regretted "BTC will rise to $20,000"

Previously, Bitcoin had just returned from around $14,000, and Novogratz said on Twitter that it sold some bitcoins a...