What encryption wallet should be used in 2024?

Author: 0xnatalie

With the continuous expansion of Web3 application scenarios, the market’s demand for diversified transactions has also increased, and it is no longer satisfied with simple exchange operations.As the entrance to the web3 transaction, the wallet tool has always had many iteration directions, such as in terms of security, experience, and entry thresholds.

The following five wallet platforms, compared with Metamask or other old -fashioned wallet tools, have increased hugely. For new users, try to look at these products, which may have a completely different understanding of the entire Web3 experience.

Rabby Wallet: The best choice for Ethereum ecosystem

Rabby Wallet is a wallet that can challenge Metamask by the Debank team.Compared to Metamask, Rabby Wallet is more humane in the way.Rabby Wallet analyzes the transaction content, analyzes the transaction content for users on the signature page, and shows the expected balance change, thereby reducing the risk of users blindly signing the transaction.Rabby Wallet will send each transaction to a security engine for screening to help users identify potential risks and issue alert”Chain” and so on.

In addition, for the existing Metamask account, users can import them to Rabby Wallet with one click. After importing the address, all tokens on the EVM chain will automatically display each token like Metamask.

Rabby has also recently opened the integration system to motivate users to migrate, which may be preparing for subsequent tokens.

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Backpack: the best choice for Solana ecology

In the Solana ecosystem, everyone is more familiar with Phantom, who is in a question of the “internal tracking wallet and sold this” a few days ago. Although Phantom Lianchuang Brandon Millman saidHowever, the market does not agree with this, and believes that this is the disguise to acknowledge that the wallet data is shared with the cooperation team.

At the same time, the Backpack wallet chose another completely different route. The biggest feature is that it is open and easy to use.Backpack said they are the only open source wallet in the Solana ecosystem.In fact, the open source of encrypted wallets should be the most basic criterion in this industry. It should not be a “advantage”, but Phantom not only did not implement it, but also tried to use user data to monetize.

In addition, Backpack Wallet also has many advanced features, suitable for heavy user use.

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Prive: The new generation of “wallet is service” platform

The FRIEND.TECH explosion in 2023 also allowed the PRIVY embedded wallet it to enter the public’s sight.Prive is a WAAS toolkit to achieve gradual identity verification in Web3.WAAS (Wallet-As-A-Service) provides a set of APIs that provides the function of digital wallets to users through cloud services, so that they do not need to download, install or manage complex wallet software.In other words, Friend.tech users can directly use their phone numbers, Apple or Google ID to create accounts and use applications directly.Part of the reason why Friend.tech can quickly explode is its simple entry process.

PRIVY helps developers guide users to get started through multiple authentication methods. Developers can targeted when they trigger identity verification processes and wallet connections to improve user experience and improve conversion rates.In terms of security, PRIVY provides two methods: multi -factor authentication of embedded wallets, support SMS verification and time -based one -time password (TOTP) verification.According to PRIVY’s documentation, they use SSS (Shamir’s Secret Sharing) multi -sign scheme to divide the private key into three pieces. There is a browser for user equipment.In one), two of them can be assembled as private keys, and the private key only appears in the device’s memory and does not store it.

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Particle: The “more mature, faster iteration, and developer friendly” wallet is service “platform

PARTICLE Network, which focuses on chain-drawn infrastructure, further provides a series of functions and tools based on Waas to launch Smart Wallet-As-A-Service Modular Stack.This modular stack integrates account abstraction technology, allowing developers to build more complex and high -level logic applications for free.According to PARTICLE Network’s data, they have achieved 3 million ERC-4337 standard operations for users.

In addition, in the BTC ecosystem, PARTICLE Network launched BTC Connect to solve the solution of the native Bitcoin wallet (such as Unisat). Due to the differences in signature algorithms, address generation logic, and transaction structure, it cannot directly adapt to the EVM chain environment.Adaptation and other functions, only the Bitcoin wallet signature can complete the interaction of the EVM chain and improve the user experience.

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Joyid: A new generation of wallet experience based on open standards

Joyid Wallet Based on the new generation of open standards of Passkey, many modern mobile devices can enhance the security of wallets through built -in security chips without sacrificing the user experience, even surpassing the traditional “user name+password” login experience.Essence

In addition, Joyid uses PWA (Progressive Web App) to bypass Apple/Google’s restrictions on the App Store to further reduce the possibility of being reviewed.

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