Blockchain wallet review
Luxembourg
- Overview
- Security
- User Experience
Blockchain holds true to Bitcoin's creators original core values of challenging convention, and empowering the end user. The interface stands out more for its simplicity rather than extensive functionality. Blockchain has survived since 2011 without any major security breaches which has helped to make it the most reputable and widely used online Crypto wallet available.
Blockchain.info is a secure wallet with a long history. Through integration with various partners it has begun to allow several functionalities that make it stand out. In particular its partnering with Coinify and Unocoin has opened up exchange and trading capabilities for European and Indian users.
Company / organization behind the wallets
For many years the company was managed by only Ben Reeves and Nic Cary. This has led to poor customer service and a lot of small glitches. However their long and strong record for security and commitment to Crytptocurrencies, free and open source principles have made them a strong player. The recent investment of $70 million and extensive R & D will mean big changes for this company in the near future.
Blockchain.info is one of the longest standing and widely used online wallets. Their security record is good. There has been only one small security breach since their inception in 2011 and all funds were refunded to the customers.
The design of Blockchain.info is very basic making it easy to navigate. The software is extremely basic and allows very limited functionality. The company is one of the oldest bitcoin wallets with a solid reputation. Unfortunately since the company has very few employees they have a poor customer service reputation.
Summary:
Blockchain.info has survived since 2011 without any major security breaches. It's one of the longest standing and largest online Crypto wallets available. It has limited functionality, supports a limited number of Cryptocurrencies, and is very easy to use. It is often chosen over it's competitors because of the high level of customer privacy.