Manufacturer of digital wallets Bread (previously BreadWallet) announced a major update of its iOS app, which will allow people to store tokens of different types.
“Bread was created in 2014 as a simple and safe solution at a time when other wallets were so complex that they could only use geeks. However, this can now be licenzirovanie, and cryptocurrencies become a mandatory part of the investment portfolio,” says co-founder of Bread Aaron Lasher in an interview with Fortune.
In practice, this means that the new wallet Bread soon will be able to support any token that is based on the standard ERC-20. The standard is based on the Ethereum – second by market capitalization cryptocurrency. It can also increase the demand for some of the more exotic forms of digital money.
The updated app includes a new feature that helps users attach notes to their bitcoin transactions and choose whether they want to optimize transactions in speed or in cost.
According to Lasher, Bread intends to be an online exchange where people can buy, sell and store their digital tokens.
Bread as a competing Blockchain wallet differs from popular services such as Coinbase, in that it allows users to maintain control of private keys that can open and close wallets. For example, an application Bread generates a series of 12 random words that serve to replicate the private key.
Bread has existed since 2014 and is positioned as a convenient way to store bitcoin, which is the original digital token.
Recall that Germany’s largest platform for buying bitcoins Bitcoin.de in the near future intends to add support for Ethereum.
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