The Exodus wallet, like others such as Jaxx, operates through a set of codes that help users link and manage their coins in various blockchains. This is the point where people spend most of the time sending and receiving digital coins. The wallet distinguishes itself from others by combining the following three components: The design of the Exodus platform is targeted at simplifying the access, use, and management of digital coins. For example, the platform does not have 2-factor authentication and it also lacks Multi-Sig support (more on this later). However, the platform’s rating has stalled at the 4.0-star mark because the security does not appear water-tight. You will only need to pay when running transactions because they are processed through respective blockchains. This Exodus wallet review rates the platform 4.0 stars because of the ease of use for both new and experienced crypto enthusiasts. People coming to the Exodus wallet are also impressed by the fact that they can store and manage about 100 assets from the same platform. The unique design of the wallet and commitment of the development team to progressive improvement have helped it stand out from other wallets. Dogecoin had not updated its insight components for several years and the Exodus team found it was opening gaps for attacks. In mid-2017, the development team had to remove Dogecoin from the list of supported assets. However, Exodus’s road to the top in the industry has not been easy. This implies that it is likely to deliver greater value, especially to users targeting to take advantage of new assets being released into the market. He is credited for the intuitive appeal of the Exodus platform.Įxodus is designed to support many cryptocurrencies as a unique strategy to outdo others in the highly competitive niche. On his part, Castagnoli, who is serving as the Chief Creative Officer (CCO), has a rich background in animations having worked in top brands such as Disney and Apple. Richardson, currently Exodus’s Chief Technical Officer (CTO), has a rich background in blockchain technology having published over 200 open source libraries and authored a number of crypto software on the web. A Brief Overview of ExodusĮxodus is a software wallet (desktop wallet) created by JP Richardson and Daniel Castagnoli. These complaints bring us to the main question: “Is Exodus secure enough for your digital coins?” This Exodus wallet review digs deep into the platform to establish how it works and help you make the right decision whether or not to use it storing your coins. But the wallet has also suffered negative publicity as users consistently complain about losses incurred when storing coins in the wallet. Įxodus is ranked as the number one desktop wallet by trusted sites such as Bitcoin Exchange Guide and because of its impressive features and support for a large number of coins. One of the top options out there today is Exodus. This is a digital location for storing and managing your digital coins. So, you want to join the crypto niche? Welcome! The one MUST-have thing in the cryptocurrency industry is a reliable and secure crypto wallet. Exodus Wallet Review: Is it Secure Enough for Your Coins? Source of image:
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