What is BlockWallet?
BlockWallet is the most private, non-custodial browser wallet for crypto assets. It uses smart contracts that allow users to hide the amounts and origins of cryptocurrency held, in a decentralized and frictionless manner.
In a world of ever-increasing overwatch from governments and big tech, privacy has crept into the forefront of public debate. This extends to the realm of blockchain. Blockchain is transparent by design and as a result, comes with its own set of privacy concerns. Using blockchain leaves users open to being traced. Once your wallet address is exposed, anyone can see the decentralized apps you’ve used, the transfers you’ve made, and the quantity of cryptocurrency that you hold. This poses a security risk for many users and it’s imperative that this increasingly decentralized world is as secure as possible. Before BlockWallet, users were in a position of choosing between privacy and usability. BlockWallet has entered the debate and proposed an effective solution to this problem.
BlockWallet differs from other privacy solutions in decentralized finance by offering a seamless and user-friendly experience appropriate for all. Many privacy solutions lack user-friendly interfaces, while others are time-consuming and too technically advanced for the average user. This creates a barrier to entry, leading to less usage and smaller anonymity sets, resulting in less privacy. BlockWallet proposes a solution to this problem by not compromising on either privacy or accessibility.