IndieSquareWallet wallet review
- Overview
- Security
- User Experience
IndieSquareWallet by CounterParty is not only a mobile BTC wallet but also a token generator. It allows the user to generate tokens on the Bitcoin Blockchain. Together with their partners, they provide the option to trade other tokens based on the BTC valuation.
The best feature of the IndieSquareWallet, is the ability to create your own tokens that can be used by anybody, you just need to install the wallet on your mobile device. Another great feature is push notifications, when you receive a token, you know right away. You can use the tokens in multiple mobile and online games.
Company / organization behind the wallets
The company behind IndieSquareWallet also operates Counterparty and another smaller wallet for their own tokens. They are located in Japan and have a CEO (Koji Higashi) that is involved in cryptocurrency since 2014 and is an advocate for the Blockchain technology. Zaif Wallet, a Japanese exchange have integrated their functionality, A lot of multiplayer games also support this token based wallet.
Your private keys will be encrypted and stored on your mobile device and are not shared with anyone. There are many that say that Mobile hot storage is safer because of the way the system is built it is much harder to hack than a desktop computer. Even so, security is not the main feature of this wallet.
The wallet can be used by anybody as the interface is intuitive and easy to use.
Summary:
IndieSquareWallet is a Japanese based Bitcoin wallet and token generator. It is mostly used to generate and exchange coins among Gamers. As you would expect the security features are average and the user interface is easy and accessible. It is a convenient mobile device for some.