BlockWallet Launches Novel Web3 Wallet with Advanced Privacy Options: Details

Web3

BlockWallet, a team of blockchain veterans, announces public launch of its Web3 wallet

BlockWallet, a web3 wallet with built-in privacy features, unveils the details of the mainnet version of its flagship product. Here’s how it hides transactional data in a transparent and user-friendly way.

Introducing BlockWallet: Secure in-browser wallet for Google Chrome, Brave, Opera

As per the official announcement shared by the BlockWallet team, its wallet launches in mainnet to address the most crucial issues with crypto transaction privacy.

At its core, BlockWallet is a noncustodial wallet with built-in data obfuscation instruments. It prevents Web3 users’ financial data from being harvested and abused.

In its inaugural releases, BlockWallet is available as a plug-in for mainstream browsers, including Opera, Google Chrome, Microsoft Edge, Brave and so on. As such, it can be installed and activated even by users with basic expertise in blockchain.

Iman Hossini, CTO of Blockwallet, points out that these instruments are of deadly importance for the progress and mass adoption of truly decentralized software systems:

When users interact with Web3, it poses significant risks because now the financial data is also attached to the user. As we build Web3, we should not make the same errors as before but aim to create a truly private Web3 experience. BlockWallet launch is a significant step towards this goal.

Its unique toolset includes instruments that obfuscate IP addresses, metadata, as well as transaction details.

One wallet, many uses: Private transfers, private trading, private gambling

BlockWallet is designed to be compatible with Ethereum, Binance Smart Chain, Avalanche, Fantom and Polygon, i.e., all EVM-compatible smart contract platforms.

On Ethereum, even a crypto sender’s address can be obfuscated: crypto behemoths become as secure as “private coins” Monero and ZCash.

With such an impressive toolkit, Blockwallet can be used in private gambling, secure trading, e-commerce privacy and so on. BlockWallet also supports Ethereum Domain System.

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