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BRD – bitcoin wallet

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The Bread Wallet

The Bread wallet is a mobile wallet for Bitcoin and Bitcoin Cash. Established in 2015, it is available on both Android and iOS. Users have full control of their private keys.

The wallet exclusively supports Bitcoin and Bitcoin Cash, which may limit its versatility compared to other wallets. However, it connects directly to the Bitcoin network, ensuring user privacy and security by not exposing sensitive information to Bread's servers.

The wallet utilizes hierarchical deterministic technology and its code is open source. It lacks multi-signature functionality and does not offer two-factor authentication.

Bread features a user-friendly interface suitable for beginners while providing security for advanced users. It has expanded its services from being just a wallet to a decentralized platform for cryptocurrency users, funded by an ICO. The native token, BRD, offers rewards like service discounts to users of the Bread platform. Overall, Bread receives positive reviews as a wallet, although its functionality may be somewhat limited, and its expansion into the decentralized platform space may divert resources from the wallet. Users have reported good support experiences.

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Pros & Cons

  • Users have full control of their private keys
  • Connects directly to the Bitcoin network
  • Utilizes hierarchical deterministic technology
  • Known for its user-friendly interface
  • Positive user feedback regarding customer support
  • No multi-signature functionality
  • No option to enable two-factor authentication
  • Support limited to Bitcoin and Bitcoin Cash

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