QPocket, a mobile crypto wallet and DApp browser initially supporting QuarkChain, Tron, and Ethereum, announced today that is now supports bitcoin (BTC) transactions. Users can use QPocket to create, import, export BTC wallets, and initiate BTC-related transactions.
As an HD multi-token wallet, QPocket can directly create a wallet that supports BTC, ETH, TRX and QKC ecosystems all at the same time. All it takes is to input the password and back up the mnemonics. The existing wallet can add the BTC sub wallet directly.
QPocket BTC Wallet Features
- Segregated Witness Support – Segregated witness is an early expansion design of BTC, which can make bitcoin transaction packages faster and avoid network congestion. QPocket enables users the ability to turn on or off the segregation witness function as required. The default of the app is “on”.
- Support For BTC Subaddresses – In order to meet the needs of some users for privacy transactions, the BTC wallet supports the creation of multiple subaddresses which belong to the same primary address. The primary address and subaddresses can be used on-demand. Using subaddresses, a transaction avoids exposing private information such as transaction behavior and the balance of the primary address.
- Lower Service Fees By Using Officially Certified Optimization Algorithm – BTC uses the UTXO transaction model, which causes “paying by changes” problem in reality. When both parties have no changes, they need to use other transactions to “change” for the said currency. This operation will also generate service charges. QPocket uses the optimization algorithm of official certification to optimize the “change” step and help users save service fees.
- Cold Wallet – In the future, QPocket says it will improve its support for the BTC wallet. In consideration of users’ need for large asset storage, the team plans to launch a BTC cold wallet function in the near feature to enable users to more safely manage a large amount of BTC.
According to the QPocket team, in due time, plans are to also integrate support for EOS, Litecoin (LTC), DASH, Ripple (XRP) and other tokens.