On Saturday, February 10 a brand new bitcoin money (BCH) pockets was introduced referred to as, Handcash, an SPV shopper that permits Near Field Communication transactions. The pockets’s preliminary launch continues to be in beta type however is accessible to obtain for experimentation on all suitable Android units.
Handcash the NFC Bitcoin Cash Wallet
A staff of builders launched a brand new pockets referred to as Handcash; a bitcoin money shopper for Android telephones. At the second the platform continues to be in its beta type however the pockets focuses on ease of use and has a number of distinctive options. One facet is the pockets’s means to finish Near Field Communication (NFC) funds in a matter of seconds. The function successfully resembles handing somebody some money, therefore the identify ‘Handcash’ says the pockets builders. Anyone could make in-person funds with NFC with out having to ask for a selected tackle or QR code.
“NFC Payments: seriously, you gotta try this out with someone. It’s so cool to do a BCH transaction with anyone in a couple of seconds without having to ask for an address. It’s effectively just like handing cash,” explains the Handcash creators.
‘Cashtag’ Usernames and Encrypted Backups
In addition to the NFC performance, the pockets has a singular system for addresses as a result of one component permits using usernames as an alternative. The function known as ‘cashtags’ and the developer says they don’t seem to be linked to any sure tackle however they’re linked to your telephone’s ID. This means when a consumer sends bitcoin cash to a different Handcash consumer the pockets’s system creates a brand new handle for each transaction.
Further, the pockets’s builders element the Android shopper has a one-tap pockets backup function which can also be totally different than the usual 12-word backup phrase. The workforce has developed a way that encrypts a wallets backup file and it shops each personal key info and the rights to a ‘cashtag’ username in a Google Drive folder.
“So if you were using the google account you already are logged into on your phone — If you change your phone, you can recover your wallet on the first screen once you reinstall Handcash again,” explains a Handcash group member.
Beta Testing Until the App Works Properly
Handcash continues to be in beta and earlier than the pockets jumps on the bitcoin money mainnet the builders need to make sure that the app works correctly. However, a ‘Handcashbot’ distributes testnet BCH for customers to check and experiment with sure options like NFC transactions. The beta model additionally doesn’t encrypt the pockets username and encryption will probably be added when the 1.zero Handcash model goes reside. Additionally, the builders conclude that the Cashaddress format is prepared for mainnet as soon as the app leaves beta.
What do you consider the Handcash pockets platform? Do you assume NFC transactions might be used typically sooner or later? Let us know what you consider this pockets within the feedback under.
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Images by way of Shutterstock, Pixabay, Google Play, and Handcash.
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