What is OlinWallet?
OlinWallet is the name of the wallet used on the ArtOlin platform. It is a tool to visualize, manage, send, buy or sell your NFTs. It consists of a traditional Bitcoin wallet that is Counterparty-compatible, allowing you to generate and manage tokens. Its interface also enables you to view your NFTs.
Is it safe to store my Bitcoins and tokens in OlinWallet?
OlinWallet is ideal for regular, daily transactions which are signed in your browser before connecting to the Bitcoin network through the Bitcoin Core APIs.
All encryption is handled client-side, therefore neither your passphrase nor any of your private information ever leaves your browser.
Remember to ALWAYS back up your passphrase by writing it on a piece of paper (offline) and keeping it in a safe place.
Your passphrase is literally your only access to your wallet; no backup files exist. Passphrases are easy to read and highly secure – they protect your wallet from brute-force attacks. You can access your wallet from any trusted device with a web browser.
Users are encouraged to implement more secure systems such as Armory or Hardware wallets for a greater volume of assets and/or larger funds.
For developers interested in learning more about our software, check out Gitlab Repository.