Midas Protocol - Crypto Wallet 2.0.8

Midas Core Pte Ltd – Freeware – iOS
out of 90 votes

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<p>Midas Wallet focuses on speed, low resource usage, and simplifying the functionality of traditional wallets. It offers several features that make it a secure and convenient choice for users.</p>
<ul>
  <li>Instant access: The wallet client doesn't require users to download the entire blockchain. Instead, it retrieves necessary information from Midas Wallet services, ensuring that it is always up-to-date. Additionally, it utilizes low resource usage, requiring only a few MB of storage.</li>
  <li>Encryption of wallet data: Midas Wallet encrypts the data file that contains private keys for coins and tokens, as well as API keys for exchange accounts. This encryption is protected by the user's password, safeguarding user data and private keys from potential thieves.</li>
  <li>Deterministic key generation: In case of a lost wallet, users can easily recover it using a seed. This feature adds an extra layer of security and convenience.</li>
  <li>Local transaction signing: Privacy is maintained as private keys are never transmitted outside the wallet. Transactions are signed locally and verified using SPV (Simple Payment Verification) technique with the assistance of Midas Wallet service. Users need not trust any external party, including Midas, with their money.</li>
  <li>Privacy-focused approach: Midas Wallet servers do not store user accounts unless users choose to share their portfolio and trading rules to earn leaderboard rewards. Even in such cases, users' private keys remain secure and cannot be accessed by anyone else.</li>
  <li>No scripts: The wallet does not download any scripts, ensuring that compromised servers cannot send arbitrary code and potentially steal user funds.</li>
</ul>

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