Tuesday March 09, 2021
Bitcoin (BTC) $52,137.00   Ether (ETH) $1,817.41
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Vendor Technology

Blockchain privacy platform Particl launches multi-wallets on desktop

Published by CryptoNinjas.net
04/01/2019
Blockchain privacy platform Particl launches multi-wallets on desktop

Cryptocurrency privacy platform Particl has announced the addition of multi-wallet functionality to Particl Desktop. While the multi-wallets feature has always been accessible to a part of the Particl system, Particl is bringing it to its desktop version. Users will now be able to manage multiple accounts without needing to restart or change any of the wallet data.

Data Isolation and Privacy

An important part of multi-wallets on Particl desktop is that the wallets retain their individuality even though they are all on the same platform. This means that wallet information is never shared across different wallets managed on Particl Desktop, reducing the risk of a security breach or accidental wallet merge.

The main selling point of the multi-wallet desktop feature is security and privacy enhancement. All multi-wallets are independently encrypted and all have separate passwords. Wallet data is also isolated, reducing the chances of a cross-wallet breach. Managing multiple wallets on Particl Desktop operates the same way as using multiple computers to manage different wallets.

The existing method for managing multiple wallets involves a number of processes including shutting down and restarting Particl Desktop. Apart from the inherent inconvenience, This method puts user data just one misclick away from either being lost or leaked.

Added Security Features

The new multi-wallet feature also integrates Hierarchical Deterministic (HD) wallet which automatically generates new deposit addresses to protect the wallet users. This is because, with deposit addresses, history of previous transactions are left unprotected and can be traced. The multi-wallet feature generates new addresses for every transaction made on each wallet ensuring complete privacy for users.

Another security feature that comes with multi-wallet is the Coin Control Feature. Multi-wallets allow users to create new wallets for different purposes. An excerpt from Particle’s announcement says:  “This method of securing your privacy by isolating the wallets from each other [goes] really well with the privacy protocols of the PART coin. In fact, users can achieve much stronger privacy by combining RingCT/CT transactions to a solid wallet isolation strategy.”

Apart from providing extra security, creating new wallets for different purposes gives users an edge when they are cold staking. Users can create different cold staking nodes and link them to their different wallets so even if one node goes down, the others remain unaffected.

5
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Particl
Vendor Technology

Particl releases new script for private cold staking

09/18/2019
Particl Open Marketplace launches live on mainnet
Featured

Particl Open Marketplace launches live on mainnet

08/13/2019
Partcl Desktop Client Crypto Ninjas
Vendor Technology

Particl (PART) releases mandatory pre-hardfork update for desktop client

07/04/2019
First testnet Particl (PART) Lightning Network (LND) transaction successful
Vendor Technology

First testnet Particl (PART) Lightning Network (LND) transaction successful

05/07/2019
Particl (PART): Gaining Attention, Losing Its Anonymity
Altcoins/Investments

Particl (PART): Gaining Attention, Losing Its Anonymity

01/10/2018
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Creators of crypto wallet Exodus files with SEC to allow purchase of its stock with bitcoin

Creators of crypto wallet Exodus file with SEC for $75M public offering

03/03/2021
Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

03/04/2021
P2P crypto escrow platform Escaroo adds staking function from Moonstake

P2P crypto escrow platform Escaroo adds staking function from Moonstake

03/05/2021
DeFi yield optimization protocol ETHA Lend closes $1.6M funding round

DeFi yield optimization protocol ETHA Lend closes $1.6M funding round

03/04/2021
SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

03/02/2021
DeversiFi introduces fast withdrawals feature between L2 and L1 Ethereum

DeversiFi introduces fast withdrawals feature between L2 and L1 Ethereum

03/09/2021
Alpha Sigma Capital, DigiFinex, BitMart, Emirex and Everest join EmiSwap's DAO

Alpha Sigma Capital, DigiFinex, BitMart, Emirex and Everest join EmiSwap’s DAO

03/08/2021
Akash Network's MAINNET 2 decentralized open-source cloud now live

Akash Network’s MAINNET 2 decentralized open-source cloud now live

03/08/2021
Swiss bank alternative CrescoFin introduces new liquidity mining program

Swiss bank alternative CrescoFin introduces new liquidity mining program

03/08/2021
Horizen and StakeHound partner to launch new DeFi bridge for ZEN token

Horizen and StakeHound partner to launch new DeFi bridge for ZEN token

03/08/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version