TRON (TRX) Officially Released its TronWallet App

TRON (TRX) continues on its way to conquering the crypto world by announcing its newest product – TronWallet App for Android devices.

TRON’s new wallet available for download

The TRON Foundation has just announced the release of TronWallet App via Twitter today, August 1, 2018. According to the announcement, the app is already available on Google Play. Soon enough, however, the app will also be available for iOS devices as well.

TronWallet is now available on Android! Send, receive, freeze $TRX, vote for the Super Representatives, participate in token sales from your phone with this decentralized wallet built by Getty/IO! iOS version available soon, more info on @TronWalletMe https://t.co/QS4SdIB9ru

— TRON Foundation (@Tronfoundation) July 31, 2018

The app already offers numerous features, including the completely decentralized P2P wallet that requires no signup or login. Additionally, it uses local secret encryption and is protected by a PIN. It supports all of the operations available via the TRON network, except for the ‘create token’ feature. As soon as the transactions get processed, the user will get notified of the action immediately, as part of the wallet’s security features. Finally, it is open source but offers a private key that will only be known to the wallet’s user.

The app was created by Getty/IO Inc, which is a front-end development company. The firm specializes in AWS, Javascript, as well as blockchain technology. They originally started the creation of the app around four months prior to its release, and the development was part of the programming contest that TRON itself hosted.

Additionally, this project is backed by an accelerator program, also offered by TRON, and the program provided the firm with $200,000. The money came in form of seed money and was given to the firm specifically for the purpose of developing the new wallet app.

It can be Hot and Cold

With the wallet, TRON users will be capable of managing all of their TRX finances via this one app. In addition to Android and soon iOS, the wallet will also be launched on Windows, Mac, Linux, and even the Chrome Store. According to everything that is to be known right now, the wallet is fast, secure, and very reliable. It can also be used as Hot Storage, as well as Cold Storage, with the Hot Wallet being capable of receiving or sending TRX tokens immediately. As for the Cold Wallet, it will allow signing transactions offline.

The company has also encouraged all of the wallet’s users to test it in any way they see fit. However, they also reminded everyone that it is still in very much active development and that there is still a potential for the unexpected to happen. Because of this, handling any transactions, for the time being, is advised to be done with extreme caution.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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