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Bitcoins Dark Wallet Has a Fresh Challenger: Samourai – Courageous Fresh Coin

Bitcoins Dark Wallet Has a Fresh Challenger: Samourai

Ever since Dark Wallet was very first announced, in September of 2013, it has hogged the spotlight as Bitcoin’s underground wallet. Made for dark web users and those otherwise worried with staying private online, user friendliness was one of it’s central features. But, few people missed that this wallet was being created for the central purpose of keeping your identity as private as it possibly could while making bitcoin transactions. Instantly hailed by privacy advocates and at the same time demonized in the press, Dark Wallet has remained the undisputed bad boy of bitcoin wallets, at least until now.

In May 2014, a utter year after Dark Wallet front man Cody Wilson made international headlines for firing the world’s very first 3D printed gun, Cody and playmate Amir Taaki released the open source code for the very first version of their wallet, Dark Wallet Alpha. It includes some interesting features not seen in any other wallet before, such as identity profiles, a talk lobby, coin mixing and stealth wallet addresses.

Eight versions and three rounds of successful crowdfunding campaigns later, the wallet is more functional than ever. But, it still exists only as a Chrome Browser plugin, and is still labeled an alpha version, that clearly warns users to be careful. The website alerts users that it is not stable and you could lose all of your bitcoins at any time while using it.

Perhaps sensing an chance in Dark Wallet’s delay, or maybe it’s lack of a mobile platform, a team of anonymous coding “Samourais,” as they call themselves, have put forward their own black-themed, privacy-centric wallet. The very first version was released for android last week, on May 7. Their Samourai wallet is described as “a bitcoin wallet made for the streets.”

“[Samourai wallet is] a modern bitcoin wallet arm forged to keep your transactions private, your identity masked, and your funds secure.”

Besides the French spelling of its name, the largest difference in Samourai wallet is that it shows up to be just as focused on Security as it is Privacy. With never-before-seen wallet features like a stealth mode and a remote self-destruct button via SMS, it’s clearly made with private security in mind, protecting its user’s bitcoins against being taken by muggers, pickpocketers, the authorities, and even simply losing your phone.

Albeit we know very little about the developers of Samourai wallet, other than they likely speak French, they claim to be developing it for many of the same reasons that Wilson and Taaki are making Dark wallet.

“We are privacy activists who have dedicated our lives to creating the software that Silicon Valley will never build, the regulators will never permit, and the VC’s will never invest in. We build the software that Bitcoin is worth.”

If the two wallets existed on the same platform, you’d likely be forgiven for mistaking Samourai for Dark Wallet, at very first glance. The dark-gray-on-black color scheme is very similar to Dark Wallet’s looks, but the similarities end there. For one, Samourai is exclusively for Android phones at this time, while Dark Wallet is only available in Chrome web browsers.

Coin mixing is treated a little differently on Samourai than it was on Dark Wallet. Albeit the process is very technical, a Samourai blog post describes how the coin mixing uses a trustless system, never using any 3rd parties nor servers. This ensures that the sending address is decently mixed with the switch addresses, obfuscating the amount being sent in each transaction.

Not only are the number and position of these switch addresses randomized, but they claim that the wallet will never re-use any addresses for sending, and will never link previous switch outputs in a transaction. Together, this makes tracking transactions back to users enormously difficult for anyone watching the blockchain.

Samourai permits you to backup and restore your wallet, as well as choose your beloved blockchain explorer to use as a reference inwards the wallet. In the future it will permit you to choose your own source of exchange rate, which is presently locked into the LocalBitcoins price. NFC payments are also available with Samourai wallet, and can be enabled in the settings menu.

A lot of Samourai’s additions involve its’ unique SMS abilities. If a smartphone is stolen, for example, one quick SMS message with the decent instruction can retrieve your Hierarchical Deterministic seed phrase, permitting you to regenerate your entire wallet elsewhere. Better yet, this seed phrase is worthless without knowing your wallet password.

“Our wallet enforces the use of a BIP thirty nine Passphrase when you create your wallet. This means we can relay your HD seed over SMS without worry. Your HD seed is worthless without your passphrase.”

– SamouraiWallet on Reddit

After moving your wallet, you’d very likely want to erase the existing wallet off of the stolen phone. Another SMS message and instruction will downright wipe the entire application off the phone, leaving no trace of it behind.

There is even a “switch alert” built into the wallet that will send out an SMS message automatically when a thief switches the phone’s SIM card, and therefore phone number, before you can send your SMS. The alert will send you the fresh phone number, so that you can send your ‘budge’ and ‘wipe’ SMS messages to it instead.

Perhaps the most powerful fresh feature of Samourai wallet is its stealth mode. With one single touch you can hide Samourai on the device. Anyone picking up the smartphone afterward won’t see its icon and searching through the installed apps list wont find any trace of it. That is until you call “**[Your PIN code]#” to expose it again. You can also select if you’d like the wallet to accept SMS directives or not while it is in stealth mode.

Encryption of the wallet is also outstanding. At installation Samourai locally encrypts itself using AES-256 encryption, protecting all of the keys inwards of it. A strong passphrase is required to build up access, and all bitcoin private keys are created and stored inwards the encrypted area. Albeit they have not integrated Multi-signature wallets yet, this level of security would seem to outshine Dark Wallet’s encryption, based on the fact that their private keys must go off the device to an ‘obelisk’ server, which hypothetically could permit for a hacker intercept during transit.

“The coins are fully managed by the user at all times. The private keys are stored encrypted on the device and are never communicated to any servers. There presently is not a multi-sig feature, mostly because Samourai is designed to a mobile street wallet, but we see multi-sig as a implement in our back pocket to create some truly interesting features down the road.”

Dark Wallet still has a strong lead on Samourai in these areas.They natively support multi-sig addresses, and use Stealth Addresses. These further anonymize the transactions inwards Dark Wallet to a level far above coin mixing alone.

But neither service has integrated with TOR yet, the infamous anonymity network. Albeit both will permit you to use Virtual Private Networks, which permits some basic IP address protection, TOR has proven difficult to integrate with these wallets.

“We are actively looking at Tor support. VPN and Tor are not mutually sensational and many users are not Tor-savvy but do know a bit more about VPN. Just as our remote directions are optional, we are working on network anonymity solutions that will appeal to a broad range.”

While both wallets claim to be in an alpha version, Dark Wallet warns people against storing large amounts of bitcoin, but their code is fully open-source. Samourai is a closed alpha, and they don’t provide any disclaimers. When asked why the source code has not been made open yet SamouraiWallet replied, “We are open sourcing our code once we conclude closed beta.”

This makes neither wallet truly ready for their intended purpose, and perhaps it is identically as risky to keep your bitcoins in both.

Albeit it’s still too early to announce a winner in the race to be the wallet with the most privacy, it is clear that certain users will choose one wallet to the other. For example, if you need a private wallet for on the go, Samourai should be considered. But users that have the absolute highest needs for privacy should be looking at Dark Wallet, at least for now.

Bitcoins Dark Wallet Has a Fresh Challenger: Samourai – Courageous Fresh Coin

Bitcoins Dark Wallet Has a Fresh Challenger: Samourai

Ever since Dark Wallet was very first announced, in September of 2013, it has hogged the spotlight as Bitcoin’s underground wallet. Made for dark web users and those otherwise worried with staying private online, user friendliness was one of it’s central features. But, few people missed that this wallet was being created for the central purpose of keeping your identity as private as it possibly could while making bitcoin transactions. Instantly hailed by privacy advocates and at the same time demonized in the press, Dark Wallet has remained the undisputed bad boy of bitcoin wallets, at least until now.

In May 2014, a total year after Dark Wallet front man Cody Wilson made international headlines for firing the world’s very first 3D printed gun, Cody and playmate Amir Taaki released the open source code for the very first version of their wallet, Dark Wallet Alpha. It includes some interesting features not seen in any other wallet before, such as identity profiles, a talk lobby, coin mixing and stealth wallet addresses.

Eight versions and three rounds of successful crowdfunding campaigns later, the wallet is more functional than ever. But, it still exists only as a Chrome Browser plugin, and is still labeled an alpha version, that clearly warns users to be careful. The website alerts users that it is not stable and you could lose all of your bitcoins at any time while using it.

Perhaps sensing an chance in Dark Wallet’s delay, or maybe it’s lack of a mobile platform, a team of anonymous coding “Samourais,” as they call themselves, have put forward their own black-themed, privacy-centric wallet. The very first version was released for android last week, on May 7. Their Samourai wallet is described as “a bitcoin wallet made for the streets.”

“[Samourai wallet is] a modern bitcoin wallet arm forged to keep your transactions private, your identity masked, and your funds secure.”

Besides the French spelling of its name, the largest difference in Samourai wallet is that it shows up to be just as focused on Security as it is Privacy. With never-before-seen wallet features like a stealth mode and a remote self-destruct button via SMS, it’s clearly made with individual security in mind, protecting its user’s bitcoins against being taken by muggers, pickpocketers, the authorities, and even simply losing your phone.

Albeit we know very little about the developers of Samourai wallet, other than they likely speak French, they claim to be developing it for many of the same reasons that Wilson and Taaki are making Dark wallet.

“We are privacy activists who have dedicated our lives to creating the software that Silicon Valley will never build, the regulators will never permit, and the VC’s will never invest in. We build the software that Bitcoin is worth.”

If the two wallets existed on the same platform, you’d likely be forgiven for mistaking Samourai for Dark Wallet, at very first glance. The dark-gray-on-black color scheme is very similar to Dark Wallet’s looks, but the similarities end there. For one, Samourai is exclusively for Android phones at this time, while Dark Wallet is only available in Chrome web browsers.

Coin mixing is treated a little differently on Samourai than it was on Dark Wallet. Albeit the process is very technical, a Samourai blog post describes how the coin mixing uses a trustless system, never using any 3rd parties nor servers. This ensures that the sending address is decently mixed with the switch addresses, obfuscating the amount being sent in each transaction.

Not only are the number and position of these switch addresses randomized, but they claim that the wallet will never re-use any addresses for sending, and will never link previous switch outputs in a transaction. Together, this makes tracking transactions back to users enormously difficult for anyone watching the blockchain.

Samourai permits you to backup and restore your wallet, as well as choose your dearest blockchain explorer to use as a reference inwards the wallet. In the future it will permit you to choose your own source of exchange rate, which is presently locked into the LocalBitcoins price. NFC payments are also available with Samourai wallet, and can be enabled in the settings menu.

A lot of Samourai’s additions involve its’ unique SMS abilities. If a smartphone is stolen, for example, one quick SMS message with the decent directive can retrieve your Hierarchical Deterministic seed phrase, permitting you to regenerate your entire wallet elsewhere. Better yet, this seed phrase is worthless without knowing your wallet password.

“Our wallet enforces the use of a BIP thirty nine Passphrase when you create your wallet. This means we can relay your HD seed over SMS without worry. Your HD seed is worthless without your passphrase.”

– SamouraiWallet on Reddit

After moving your wallet, you’d very likely want to erase the existing wallet off of the stolen phone. Another SMS message and directive will entirely wipe the entire application off the phone, leaving no trace of it behind.

There is even a “switch alert” built into the wallet that will send out an SMS message automatically when a thief switches the phone’s SIM card, and therefore phone number, before you can send your SMS. The alert will send you the fresh phone number, so that you can send your ‘budge’ and ‘wipe’ SMS messages to it instead.

Perhaps the most powerful fresh feature of Samourai wallet is its stealth mode. With one single touch you can hide Samourai on the device. Anyone picking up the smartphone afterward won’t see its icon and searching through the installed apps list wont find any trace of it. That is until you call “**[Your PIN code]#” to expose it again. You can also select if you’d like the wallet to accept SMS instructions or not while it is in stealth mode.

Encryption of the wallet is also epic. At installation Samourai locally encrypts itself using AES-256 encryption, protecting all of the keys inwards of it. A strong passphrase is required to build up access, and all bitcoin private keys are created and stored inwards the encrypted area. Albeit they have not integrated Multi-signature wallets yet, this level of security would seem to outshine Dark Wallet’s encryption, based on the fact that their private keys must go off the device to an ‘obelisk’ server, which hypothetically could permit for a hacker intercept during transit.

“The coins are fully managed by the user at all times. The private keys are stored encrypted on the device and are never communicated to any servers. There presently is not a multi-sig feature, mostly because Samourai is designed to a mobile street wallet, but we see multi-sig as a implement in our back pocket to create some indeed interesting features down the road.”

Dark Wallet still has a strong lead on Samourai in these areas.They natively support multi-sig addresses, and use Stealth Addresses. These further anonymize the transactions inwards Dark Wallet to a level far above coin mixing alone.

But neither service has integrated with TOR yet, the infamous anonymity network. Albeit both will permit you to use Virtual Private Networks, which permits some basic IP address protection, TOR has proven difficult to integrate with these wallets.

“We are actively looking at Tor support. VPN and Tor are not mutually special and many users are not Tor-savvy but do know a bit more about VPN. Just as our remote directions are optional, we are working on network anonymity solutions that will appeal to a broad range.”

While both wallets claim to be in an alpha version, Dark Wallet warns people against storing large amounts of bitcoin, but their code is fully open-source. Samourai is a closed alpha, and they don’t provide any disclaimers. When asked why the source code has not been made open yet SamouraiWallet replied, “We are open sourcing our code once we conclude closed beta.”

This makes neither wallet truly ready for their intended purpose, and perhaps it is identically as risky to keep your bitcoins in both.

Albeit it’s still too early to proclaim a winner in the race to be the wallet with the most privacy, it is clear that certain users will choose one wallet to the other. For example, if you need a private wallet for on the go, Samourai should be considered. But users that have the absolute highest needs for privacy should be looking at Dark Wallet, at least for now.

Bitcoins Dark Wallet Has a Fresh Challenger: Samourai – Plucky Fresh Coin

Bitcoins Dark Wallet Has a Fresh Challenger: Samourai

Ever since Dark Wallet was very first announced, in September of 2013, it has hogged the spotlight as Bitcoin’s underground wallet. Made for dark web users and those otherwise worried with staying private online, user friendliness was one of it’s central features. But, few people missed that this wallet was being created for the central purpose of keeping your identity as private as it possibly could while making bitcoin transactions. Instantly hailed by privacy advocates and at the same time demonized in the press, Dark Wallet has remained the undisputed bad boy of bitcoin wallets, at least until now.

In May 2014, a utter year after Dark Wallet front man Cody Wilson made international headlines for firing the world’s very first 3D printed gun, Cody and playmate Amir Taaki released the open source code for the very first version of their wallet, Dark Wallet Alpha. It includes some interesting features not seen in any other wallet before, such as identity profiles, a talk lobby, coin mixing and stealth wallet addresses.

Eight versions and three rounds of successful crowdfunding campaigns later, the wallet is more functional than ever. But, it still exists only as a Chrome Browser plugin, and is still labeled an alpha version, that clearly warns users to be careful. The website alerts users that it is not stable and you could lose all of your bitcoins at any time while using it.

Perhaps sensing an chance in Dark Wallet’s delay, or maybe it’s lack of a mobile platform, a team of anonymous coding “Samourais,” as they call themselves, have put forward their own black-themed, privacy-centric wallet. The very first version was released for android last week, on May 7. Their Samourai wallet is described as “a bitcoin wallet made for the streets.”

“[Samourai wallet is] a modern bitcoin wallet mitt forged to keep your transactions private, your identity masked, and your funds secure.”

Besides the French spelling of its name, the largest difference in Samourai wallet is that it emerges to be just as focused on Security as it is Privacy. With never-before-seen wallet features like a stealth mode and a remote self-destruct button via SMS, it’s clearly made with private security in mind, protecting its user’s bitcoins against being taken by muggers, pickpocketers, the authorities, and even simply losing your phone.

Albeit we know very little about the developers of Samourai wallet, other than they likely speak French, they claim to be developing it for many of the same reasons that Wilson and Taaki are making Dark wallet.

“We are privacy activists who have dedicated our lives to creating the software that Silicon Valley will never build, the regulators will never permit, and the VC’s will never invest in. We build the software that Bitcoin is worth.”

If the two wallets existed on the same platform, you’d likely be forgiven for mistaking Samourai for Dark Wallet, at very first glance. The dark-gray-on-black color scheme is very similar to Dark Wallet’s looks, but the similarities end there. For one, Samourai is exclusively for Android phones at this time, while Dark Wallet is only available in Chrome web browsers.

Coin mixing is treated a little differently on Samourai than it was on Dark Wallet. Albeit the process is very technical, a Samourai blog post describes how the coin mixing uses a trustless system, never using any 3rd parties nor servers. This ensures that the sending address is decently mixed with the switch addresses, obfuscating the amount being sent in each transaction.

Not only are the number and position of these switch addresses randomized, but they claim that the wallet will never re-use any addresses for sending, and will never link previous switch outputs in a transaction. Together, this makes tracking transactions back to users enormously difficult for anyone watching the blockchain.

Samourai permits you to backup and restore your wallet, as well as choose your beloved blockchain explorer to use as a reference inwards the wallet. In the future it will permit you to choose your own source of exchange rate, which is presently locked into the LocalBitcoins price. NFC payments are also available with Samourai wallet, and can be enabled in the settings menu.

A lot of Samourai’s additions involve its’ unique SMS abilities. If a smartphone is stolen, for example, one quick SMS message with the decent instruction can retrieve your Hierarchical Deterministic seed phrase, permitting you to regenerate your entire wallet elsewhere. Better yet, this seed phrase is worthless without knowing your wallet password.

“Our wallet enforces the use of a BIP thirty nine Passphrase when you create your wallet. This means we can relay your HD seed over SMS without worry. Your HD seed is worthless without your passphrase.”

– SamouraiWallet on Reddit

After moving your wallet, you’d very likely want to erase the existing wallet off of the stolen phone. Another SMS message and instruction will fully wipe the entire application off the phone, leaving no trace of it behind.

There is even a “switch alert” built into the wallet that will send out an SMS message automatically when a thief switches the phone’s SIM card, and therefore phone number, before you can send your SMS. The alert will send you the fresh phone number, so that you can send your ‘stir’ and ‘wipe’ SMS messages to it instead.

Perhaps the most powerful fresh feature of Samourai wallet is its stealth mode. With one single touch you can hide Samourai on the device. Anyone picking up the smartphone afterward won’t see its icon and searching through the installed apps list wont find any trace of it. That is until you call “**[Your PIN code]#” to expose it again. You can also select if you’d like the wallet to accept SMS directions or not while it is in stealth mode.

Encryption of the wallet is also outstanding. At installation Samourai locally encrypts itself using AES-256 encryption, protecting all of the keys inwards of it. A strong passphrase is required to build up access, and all bitcoin private keys are created and stored inwards the encrypted area. Albeit they have not integrated Multi-signature wallets yet, this level of security would seem to outshine Dark Wallet’s encryption, based on the fact that their private keys must go off the device to an ‘obelisk’ server, which hypothetically could permit for a hacker intercept during transit.

“The coins are fully managed by the user at all times. The private keys are stored encrypted on the device and are never communicated to any servers. There presently is not a multi-sig feature, mostly because Samourai is designed to a mobile street wallet, but we see multi-sig as a contraption in our back pocket to create some indeed interesting features down the road.”

Dark Wallet still has a strong lead on Samourai in these areas.They natively support multi-sig addresses, and use Stealth Addresses. These further anonymize the transactions inwards Dark Wallet to a level far above coin mixing alone.

But neither service has integrated with TOR yet, the infamous anonymity network. Albeit both will permit you to use Virtual Private Networks, which permits some basic IP address protection, TOR has proven difficult to integrate with these wallets.

“We are actively looking at Tor support. VPN and Tor are not mutually sensational and many users are not Tor-savvy but do know a bit more about VPN. Just as our remote directives are optional, we are working on network anonymity solutions that will appeal to a broad range.”

While both wallets claim to be in an alpha version, Dark Wallet warns people against storing large amounts of bitcoin, but their code is fully open-source. Samourai is a closed alpha, and they don’t provide any disclaimers. When asked why the source code has not been made open yet SamouraiWallet replied, “We are open sourcing our code once we conclude closed beta.”

This makes neither wallet truly ready for their intended purpose, and perhaps it is identically as risky to keep your bitcoins in both.

Albeit it’s still too early to proclaim a winner in the race to be the wallet with the most privacy, it is clear that certain users will choose one wallet to the other. For example, if you need a private wallet for on the go, Samourai should be considered. But users that have the absolute highest needs for privacy should be looking at Dark Wallet, at least for now.

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