Edge Mobile Wallet

Edge is a Segwit compatible, mobile Bitcoin Wallet making high levels of privacy, security, and decentralization very familiar and usable to the masses. Edge wallets are always automatically encrypted, backed up, and even function when Edge servers go down.

Good

Acceptable

Caution

Neutral

Hosted control over your money

This wallet gives you control over your bitcoins. However, this service is retaining an encrypted copy of your wallet. This means your bitcoins can be stolen if you don't use a strong password and the service is compromised.

Decentralized validation

This wallet connects to a random server from a list. This means some trust in third parties is required when verifying payments. However, it is not as secure as a full node like Bitcoin Core.

Basic transparency

The developers of this wallet publish the source code for the client. This means any developer in the world can audit the code. However, you still need to trust developers of this wallet when installing or updating the final software because it was not built deterministically like Bitcoin Core.

Secure environment

This wallet is loaded on mobiles where apps are usually isolated. This provides a good protection against malware, although mobiles are usually easier to steal or lose. Encrypting your mobile and backing up your wallet can reduce that risk.

Basic privacy

Prevents spying on your payments

This wallet makes it harder to spy on your balance and payments by rotating addresses. You should still take care to use a new Bitcoin address each time you request payment.

Discloses information to a third party

This service can associate your payments together, log your IP address and know your real identity if you provide personal information like your email, name or banking account.

Tor not supported

This wallet does not let you use Tor to prevent attackers or Internet service providers from associating your payments with your IP address.

Dynamic fee suggestions

This wallet provides fee suggestions which are based on current network conditions. This means that this wallet will help you choose the appropriate fee so that your transactions are confirmed in a timely manner without paying more than you have to.

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