Even you can create a cryptocurrency. It’s a surprisingly very simple in process, more precisely, if you copy the basic codebase of an existing Cryptocurrency and then, give it a new name like Xcoin. Well, there’s a new crypto currency, but it’s still not in the market yet, and this is where you need a wallet that holds your currency, and can be used to transact, Cause creating a cryptocurrency and mining the block isn’t enough. In fact, most of the popular cryptocurrencies were because copy Paste. But, until that coin has its own mobile wallet, it doesn’t deserve to be called a cryptocurrency.
Real Cryptos Reside in your wallet. Check them Now.
Overages the internet changed Its container from lap to palm. And now resides in our pockets. Since we rarely stop using our mobile device long enough these days. And by announcing the revolution into the mobile world i.e. iPhone everything has changed. The desktop is not anymore preferred as means of business. Everything now resides on your palm. The world is changing and Google also wants to capture the market shares. September 2008 Google came up with the very first Android alpha release. Meanwhile, Satoshi was quietly getting on with his own cryptocurrency revolution. By late 2010. but the seeds of the very first yet popular cryptocurrency bitcoin were sprouting into the world of digital money that was growing rapidly like an untreated virus. At that time, it was contagious. According to portal news.bitcoin.com “Suddenly everyone was releasing coins and tokens, and most of them were actually mobile-oriented, and people were tweeting, Snapchatting and vlogging about crypto.” By 2016, mobile web user outnumbered the desktop user, and the crypto economy boomed into life.
But as the title suggest, If Your Crypto Currency Does Not Have a Mobile Wallet It’s Not Really a Currency. So, most of these new cryptos weren’t actually spendable as they haven’t any peer sharing. “They are more like currencies of the future, that might would be usable in next 18 months”as per Bitcoin news.
when the development team will finally decide for a release of Android and iOS crypto wallets. Bitcoin might be too expensive to send and ripple might be too pointless to send, but the thing is they can be used as a form of currency, P2P or P2B.
The iOS Drama
Apple has never been good with 3rd party developers. In fact, iOS isn’t open sourced like android. And has really strict structure to get your app approved for the app store. That’s the difficulty, having an app approved for the App Store. Apple doesn’t like an old code, mended and rushed to market, which is how the operations of the most cryptocurrency projects take place. As a consequence, mobile wallets more precisely iOS mobile wallets have proven to be a sticking point. Which is why currently even among the top 10 of the cryptocurrency, half of them doesn’t have their own dedicated wallet.
Whether it’s Ripple or Cardano or stellar they all lack iOS wallets, with ripple and stellar at least spendable using third-party wallets. Venture outside the top 10 and very few cryptos have a dedicated or 3rd party mobile wallet; monero, for example, is still waiting on full iOS support.
Mobile wallets take time to be perfect, so it’s not the fault of the developer or their teams. It actually can’t be pushed overnight. It’s really hefty we suppose that Then or now they might make a wallet available.
Do you agree that cryptos without wallet support aren’t proper currencies? Let us know in the comments section below.