New Bitcoin Wallet Hides Addresses to Solve ‘Terrible’ User Experience
New Bitcoin Wallet Hides Addresses to Solve 'Terrible' User Feel
The developer of Easypaysy says removing visible Bitcoin addresses from the payment process is essential to encourage adoption.
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A new wallet aims to broaden the adoption of Bitcoin (BTC) and cryptocurrencies but making their addresses easier to call back.
The service, dubbed Easypaysy, is the production of Spanish developer José Femenías Cañuelo and launched on Dec. ane.
Dev: BTC addresses "not for humans"
Cañuelo was irked by the complex nature of Bitcoin addresses, which are random collections of letters and numbers that are all but impossible to memorize.
In the official introduction to Easypaysy, he described Bitcoin's user experience, or UX, as "terrible."
"Bitcoin addresses are really non meant for humans. Nobody should exist forced to make or receive payments to a crypto-accost, much as nobody expects you to navigate the www simply by using IP addresses," the description reads.
The wallet service works by offering three formats of and so-chosen Bitcoin "accounts" for users. These are designed to exist more user-friendly identifiers, to which others tin can send cryptocurrency funds instead of using actual BTC addresses.
Backside the mask, funds are delivered to BTC addresses as in a regular transaction, Cañuelo promising that no accost is used more than one time.
Security trumps familiarity
Various services have offered similar solutions over the years, including BitcoinWallet.com in 2014 and Ethereum Name Service for Ether (ETH) payments last twelvemonth.
Nonetheless, commentators appeared taken by Easypaysy with well-known Bitcoin educator and programmer Jimmy Song describing the concept equally "interesting."
"I haven't idea through the downsides, just allows for much easier-to-recall IDs than addresses that we utilise today. From a UI perspective, large win every bit information technology's easy to remember and print on business cards," he summarized in a tweet following the launch.
As Cointelegraph reported, wallet security currently forms something of a thornier issue than ease of address sharing. With large numbers of Bitcoin users even so trusting third parties to store their funds, a dedicated endeavor is underway to highlight the adventure of not controlling 1'south own private keys.
Source: https://cointelegraph.com/news/new-bitcoin-wallet-hides-addresses-to-solve-terrible-user-experience
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