Every once in a while, the Bitcoin ecosystem is faced with a major curveball that no one saw coming. One of the most popular Bitcoin wallet solutions, called Hive Wallet is no longer being developed or maintained. To be more precise, there hasn’t been much growth going on over the past year or so, according to the developer. All Hive Wallet users are advised to do, is to move over funds to a different Bitcoin wallet solution, such as Mycelium or Breadwallet.
Bitcoin wallet security is a matter near and dear to all Bitcoin enthusiasts around the world. Software clients are not as safe as we think – simply because they run on a device connected to the internet, making it a target for hackers – and hardware solutions are slowly gaining more adoption because they “feel more secure”. But if you ordered a Mycelium Entropy device, your hardware Bitcoin wallet may not be as secure as you think.
A little while ago, we started off our series of Bitcoin wallet alternatives with an article about GreenAddress, a cross-platform multi-signature BTC client. Most of you will be aware there are a ton of different alternatives available, and we do plan to look at each one of them individually. Up next on our list is a Bitcoin wallet gaining in popularity, called Mycelium.