EOS is a platform for the development of the decentralized applications (dapps), boasting itself as the most powerful infrastructure for the purpose. The platform is designed to surpass Ethereum in terms of its scalability and capacity to power industrial-scale dapps.
There are many EOS wallets available from which you can choose, but here are some factors that you have to keep in mind while settling on the right wallet:
- Customer Support: Having a good customer support will help you in times when you are stuck. You should look for a team that is dedicated, helpful, and responsive.
- Security: This should be stressed upon, more than any other feature. The EOS wallet should have support for advanced security options like 2-Factor Authentication and encryption of wallet.
- Constant Maintenance: The wallet that you opt for should have maximum server uptime ( if it is an online wallet )
- Support for the Mainnet: Reading the fine terms and conditions will help you decide whether the wallet supports the EOS mainnet.
- Constant upgrades: Look for a wallet that has an active development team. This way you can ensure that if any bugs arise in the future, your wallet will be stable and there will be an upgrade available to get rid of the bug.
- Reviews: Always look for the genuine reviews of a wallet. There are some extremely positive ones that are posted by the project itself, but you should look for the ones that will provide insight into the pros and cons of the wallet
We have reviewed a number of EOS wallets and here is a list of some of the top 5 EOS wallets that are currently available in the market today:
The Top 5 EOS wallets
1 Infinito Wallet
This is an online wallet for the storage of multiple tokens and coins. It is available as an application on both Android and iOS, but it is not as secure as an offline wallet. The wallet has support for other coins (mostly all ERC20 tokens) apart from the EOS coin. The security on the wallet has an additional option to secure the wallet with the TouchID on the phone. It will be supported by multiple languages, going up to 12 by the end of the third quarter of 2018. The interface is quite simple to understand and user-friendly even for beginners.
The good thing about the wallet is that the private keys that you generate for it will be stored offline on your phone as will be the paraphrase. This will prevent the wallet from being hacked to a certain degree. Also, the private keys will be stored in an encrypted format so that no one is able to access them easily. The wallet has received many positive reviews from both Android and iOS users and there is no denying that with its relatively short learning curve and support for multiple coins, it is one of the user-friendliest and most popular wallets among EOS users.
The SimplEOS wallet was developed with solely the EOS platform in mind. Everything about the wallet is integrated with the full functionality of the EOS.io software. The wallet was made by EOS Rio and the company has always kept the security and transparency as their top priority
It is a downloadable application for Windows, Linux, and MacOS operating systems. There are a number of features of the SimplEOS wallet which include but are not limited to token transfer, support for airdrops, maintaining a contact list and transaction history, allowing the creation of multiple accounts, staking the investment, and provision for voting.
The security is maintained by keeping all data locally on the device and nothing on the server.
3 EOS Lynx
This EOS wallet is available on both Google Play Store and Apple Store. The wallet allows transactions at no cost and is optimized for everyday use. The security provision is done by the creation of a private key which is stored on the device itself. There are softwares available for a desktop version of the application too on the Windows, MacOS, and Linux operating systems.
You will be able to import any EOS account by using your private key. The private key generated on the apps can only be unlocked using your own personal pin and is encrypted with military-grade technology.
4 GreyMass EOS Voter
The GreyMass EOS Voter is a desktop application that allows you to manage all your EOS easily. The unique selling proposition of the wallet is its light size. This light weight of the wallet, however, comes at a cost. Trying to keep the size low, the company has not provided the full functionality of the EOS blockchain on the wallet.
It is available on Windows, MacOS, and Linux operating systems, but is not the most user-friendly wallet out there. However, there have been no compromises made on the security of the wallet. All the transactions are signed within the application itself and the private key of the wallet will never be transmitted at any point of time.
The Scatter wallet is a Google Chrome browser extension that uses asymmetric encryption for the Single Sign On functionality, which further allows you to sign all transactions and log into all applications.
The data is kept on the device itself and is not shared over the blockchain. The wallet functions by transmitting a hashed fingerprint of the user, which is essentially an irreversible combination of mixed numbers and letters. They also have desktop version of the Scatter wallet in development, which is now open for beta-testing.
Much More To Come
With the fast-paced developments that are being made on the EOS platform, companies are striving to bring in the next best wallet to the market. This list is by no means exhaustive or conclusive and we believe there are plenty more great EOS wallet out there or currently in development. Do you have any other EOS wallet that you personally have great experience with? Feel free to share it with us in the comment section below, we would love to hear from you!