Archive for the ‘General Info’ Category

Bobby Lee, the founder of the BTCC crypto exchange, is back in the crypto business with a new project called Ballet – a multicurrency non-electronic crypto hardware wallet. The device is a metal credit card size wallet offering cold storage of Bitcoin (BTC) and a number of altcoins such as ETH, XRP, BCH, LTC, USDT, BSV, LEO, LINK, MKR, USDC, HT, BTG, BCD and DAI with support for more coins coming soon. The Ballet wallet is constructed from durable, pure stainless steel and does not contain any chips or electronic circuitry inside. There is also the optional Ballet Crypto companion mobile app, which enables sending of cryptocurrency, checking market value and activating additional currencies. The companion application is available for both Android and iPhone devices and is not required to operate with your crypto coins in the wallet.

The new Ballet hardware crypto wallet will have to compete with the already established crypto hardware wallets, most of which are electronic however. With the regular price of $35 USD for the standard Ballet wallet it might not be a bad deal, down to $29.95 for pre-orders for the standard Bitcoin primary wallet at the moment. Of course there is a more expensive limited 24K Gold-plated Edition (1200 wallets) as well as Collector edition (3000 wallets) at higher prices for the people that might want to stand out more, although the wallet probably is something that you would not be willing to brag with in front of a lot of people.

For more details about the new Ballet harwdare crypto wallet…

For a lot of people there is only Bitcoin (BTC) and a couple of other popular forks for Bitcoin such as Bitcoin Cash, Bitcoin SV or Bitcoin Gold, but in reality there are much more than just these. According to a website called Forkdrop that is tracking the available Bitcoin, as well as some altcoin forks, the number is quite big already – there are 105 Bitcoin fork projects in total, though not all of them are active or operational yet. Of those 105 in total, 74 are considered active projects relevant to holders of Bitcoin (BTC) and the remaining 31 are considered historic and are no longer relevant. Furthermore of the 74 active Bitcoin fork projects 45 projects have a currently-operating blockchain network capable of transacting and 29 projects do not have a currently-operating blockchain network capable of transacting, however are considered to be still in development.

You might be interested in checking these Bitcoin forks, especially if you have held bitcoins for a long time and are in full control of your private keys/wallets as you might be able to claim some of these coins for free. With some of these Bitcoin forks you are entitled to 1:1 of the respective coins you had in BTC at the time of the fork others have provided airdrops or are still providing for the holders of coins at a specific block at which the fork occurred and a snapshot has been made. The idea is that some of these projects are more or less established and have a decent trading volume and are present on exchanges, so it could be some free money for you or an extra bag of coins to hold for a better future. Either way it is worth checking out the information provided by Forkdrop as it might be helpful and profitable.

Check out the website Forkdrop for more information about the available Bitcoin forks…

One of the major issues with the GRIN project has been resolved – the lack of an easy to use GUI wallet for Windows users… and there is more than one option available. The design of the Grin project does not rely on using addresses like we are used to with most other crypto currencies as a means to send and receive coins and that makes transfers a bit more complex. The GrinPurse project is not an official wallet, but a third party project that has been available for a bit already as closed source software developed by a crypto exchange, though the source code has now been made available as well. GrinPurse is not only available for Windows users, but also for Mac OS users.

GrinPlusPlus (Grin++) is a bit more complex project that offers a complete Windows-compatible C++ implementation of the Grin (MimbleWimble) protocol meaning a full node and a GUI wallet for Windows users. More advanced users and ones that want to be able to run their own local node along with the GUI wallet on Windows can opt out to try this particular project that has been available for a few days as a mainnet release. Now not only more advanced Linux users, but also regular users are able to easily use their own wallet and not rely on exchanges to store their Grin coins.

It is worth mentioning that BitGrin, a fork from Grin, has released an official GUI wallet for Windows and Mac OS users last month for their project and that has sparkled some controversy why Grin still does not offer an official GUI wallet (they still do not). Mac OS users had a solution for a while for a simple GUI wallet in the fork of the SuperGrin Wallet released back in February.