Tuesday, May 19, 2015

Darkwallet and Armory Come Top in Bitcoin Wallet Privacy Study

OBPPBitcoin wallet providers Darkwallet and Armory performed the best in an independent test that sought to identify the strongest wallet offerings for financial privacy.

Darkwallet version 0.8.0 and Armory version 0.93.1 both received top scores of 45 out of 100 from the Open Bitcoin Privacy Project (OBPP) Spring 2015 Wallet Privacy Rating Report, the first release from the open-source organisation that seeks to promote and improve privacy in the bitcoin ecosystem. Scores were based on performance in five categories that assessed the privacy the wallets offered from blockchain observers and network observers, among other factors.

Ranking last in the study was Coinbase's online wallet, which received a total score of eight out of 100. Coinbase notably received no points in three of the five categories, while elsewhere, Mycelium, the Bitcoin-Qt wallet and Electrum rounded out the top five wallets.

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