Over the past few months, we have seen several crypto currencies develop some sort of desktop lightweight wallet. Coins like DigitalCoin and WorldCoin, but you can now add BlackCoin to that list.
Although adding BlackCoin to the list might be a tad premature, as the lightweight client is only starting development as of today.
The project itself will be open sourced, and a GitHub link is available (click here). The developer , called nov3a4 , is expecting to have the client ready for testing next weekend.
The reason why project like a lightweight wallet are important, is because users won’t have to download a huge amount of data in order to synchronize with the BlackCoin network.
Some of the features on the “to-do list”, include :
– Paper wallet support
– Exchange rates for BlackCoin/Bitcoin and BlackCoin/fiat currency
– Scan BlackCoin addresses from QR codes with your webcam
– Much, much more…..
For a complete list of all “possible” features, you can click here.
Rumour has it that , once this project has been completed successfully, a BlackCoin Android wallet might be the next project, but we’ll keep you updated on that!
There are some of us that are considering working on POS android wallets. There is one large hurdle to overcome, which is keeping a POS android wallet as a light wallet. POW coins work great as android wallets because they are all forked from the first POW coin: Bitcoin. The developers of the bitcoin android wallet and its required dependencies found ways to reduce the required bandwidth by requiring only block headers to be downloaded instead of the entire contents of each and every block. The reason why POS apps would create a problem is because important information to verify the block header is stored in the first transaction of the block. This may require the entire block to be downloaded and even stored on the phone. That would take away the light wallet status of the app, but worse than that use up all the disk space on the phone and the data on the plan for a coin that has as many transactions as bitcoin does. Eventually one of us will figure out how to do it! Hopefully.